Summit Net Income Per Employee vs Earnings before Tax Analysis

SUM Stock  USD 44.03  0.57  1.31%   
Trend analysis of Summit Materials balance sheet accounts such as Total Current Liabilities of 274.9 M, Total Stockholder Equity of 1.3 B, Property Plant And Equipment Net of 1.7 B or Current Deferred Revenue of 8.9 M provides information on Summit Materials' total assets, liabilities, and equity, which is the actual value of Summit Materials to its prevalent stockholders. By breaking down trends over time using Summit Materials balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.

About Summit Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Summit Materials at a specified time, usually calculated after every quarter, six months, or one year. Summit Materials Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Summit Materials and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Summit currently owns. An asset can also be divided into two categories, current and non-current.

Summit Materials Balance Sheet Chart

Summit Materials Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Summit Materials uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Summit Materials' Net Tangible Assets are very stable compared to the past year. As of the 28th of March 2024, Short and Long Term Debt is likely to grow to about 4.7 M, while Total Assets are likely to drop about 3.6 B.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Summit Materials assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Summit Materials books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Summit Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Summit Materials current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.As of the 28th of March 2024, Selling General Administrative is likely to grow to about 224.9 M. Also, Discontinued Operations is likely to grow to about 2.9 M
 2021 2022 2023 2024 (projected)
Interest Expense92.2M87.0M114.2M99.0M
Depreciation And Amortization247.2M209.2M217.6M177.8M

Summit Materials fundamental ratios Correlations

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0.970.990.950.960.940.950.330.870.780.960.880.990.870.880.970.99-0.920.970.980.360.890.980.870.76-0.04
0.390.30.470.420.410.090.330.52-0.130.280.220.370.340.220.190.39-0.510.460.31-0.210.160.460.140.0-0.04
0.810.870.970.920.890.760.870.520.610.840.60.870.880.60.810.88-0.810.930.90.460.810.930.860.69-0.01
0.70.80.710.740.720.850.78-0.130.610.760.740.730.690.740.790.71-0.670.70.770.780.940.70.830.97-0.07
0.910.960.910.940.970.910.960.280.840.760.830.960.940.830.980.95-0.810.940.920.370.850.950.840.750.14
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0.790.870.90.940.950.790.870.340.880.690.940.690.870.690.90.87-0.730.90.830.450.810.910.810.740.15
0.890.890.780.810.80.90.880.220.60.740.831.00.880.690.870.86-0.810.830.830.240.770.830.730.7-0.04
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0.970.980.960.950.940.910.990.390.880.710.950.861.00.870.860.96-0.910.990.970.290.850.990.830.71-0.06
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0.950.970.990.960.950.890.970.460.930.70.940.830.980.90.830.940.99-0.90.970.350.861.00.850.73-0.03
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0.250.40.430.420.380.430.36-0.210.460.780.370.240.30.450.240.360.29-0.280.350.420.730.350.630.850.0
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0.950.980.990.960.960.890.980.460.930.70.950.830.980.910.830.940.99-0.891.00.970.350.860.850.73-0.01
0.80.910.90.880.840.920.870.140.860.830.840.730.830.810.730.850.83-0.730.850.90.630.880.850.84-0.01
0.680.790.760.760.740.80.760.00.690.970.750.70.720.740.70.760.71-0.660.730.780.850.960.730.84-0.01
-0.12-0.03-0.020.050.2-0.04-0.04-0.04-0.01-0.070.14-0.04-0.040.15-0.040.06-0.060.2-0.03-0.030.0-0.08-0.01-0.01-0.01
Click cells to compare fundamentals

Summit Materials Account Relationship Matchups

Summit Materials fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding114.6M116.6M120.7M120.6M119.8M91.5M
Total Assets4.1B4.3B4.2B4.3B5.1B3.6B
Short Long Term Debt Total1.9B1.9B1.6B1.5B2.3B1.7B
Other Current Liab152.7M170.8M160.6M133.7M186.9M141.8M
Total Current Liabilities299.3M322.7M309.1M255.8M323.0M274.9M
Total Stockholder Equity1.4B1.6B1.8B2.0B2.3B1.3B
Property Plant And Equipment Net1.8B1.9B1.9B1.9B2.0B1.7B
Current Deferred Revenue13.9M16.5M7.4M5.7M8.2M8.9M
Net Debt1.6B1.5B1.3B1.0B2.0B1.4B
Retained Earnings188.8M326.8M479.0M590.9M876.8M920.6M
Accounts Payable116.4M120.8M128.2M104.0M123.6M107.7M
Cash311.3M418.2M381.0M520.5M374.2M266.7M
Non Current Assets Total3.3B3.4B3.4B3.2B3.4B2.8B
Non Currrent Assets Other55.5M55M58.7M44.8M59.1M54.1M
Cash And Short Term Investments311.3M418.2M381.0M520.5M374.2M266.7M
Net Receivables266.3M263.4M294.8M263.2M287.3M230.1M
Good Will1.2B1.2B1.2B1.1B1.2B940.0M
Common Stock Total Equity1.1M1.1M1.2M1.2M1.1M1.0M
Liabilities And Stockholders Equity4.1B4.3B4.2B4.3B5.1B3.6B
Non Current Liabilities Total2.3B2.4B2.1B2.0B2.5B2.0B
Inventory204.8M200.3M180.8M212.5M241.4M185.8M
Other Current Assets13.8M11.4M13.1M20.8M829.4M870.8M
Other Stockholder Equity1.2B1.3B1.3B1.4B2.3B2.4B
Total Liab2.6B2.7B2.4B2.2B2.8B2.3B
Property Plant And Equipment Gross1.8B1.9B1.9B1.9B3.4B1.8B
Total Current Assets796.3M893.3M869.6M1.0B1.7B1.8B
Accumulated Other Comprehensive Income3.4M5.2M7.1M3.1M7.3M7.6M
Short Term Debt16.4M14.5M12.9M12.4M12.4M10.1M
Intangible Assets23.5M47.9M69.4M71.4M68.1M36.3M
Common Stock1.1M1.1M1.2M1.2M1.2M1.1M
Other Liab406.6M455.2M486.9M456.4M524.8M336.8M
Other Assets267.9M286.9M263.3M181.8M209.1M197.2M
Long Term Debt1.9B1.9B1.6B1.5B2.3B1.7B
Property Plant Equipment1.8B1.9B1.9B1.9B2.1B1.7B
Net Tangible Assets221.6M367.1M590.1M808.1M929.3M975.7M
Short Long Term Debt4.8M6.4M7.9M5.1M3.8M4.7M
Retained Earnings Total Equity188.8M326.8M479.0M590.9M679.5M713.5M
Long Term Debt Total1.9B1.9B1.6B1.5B1.7B1.8B
Capital Surpluse1.2B1.3B1.3B1.4B1.6B1.2B

Currently Active Assets on Macroaxis

When determining whether Summit Materials is a strong investment it is important to analyze Summit Materials' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Summit Materials' future performance. For an informed investment choice regarding Summit Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Summit Stock analysis

When running Summit Materials' price analysis, check to measure Summit Materials' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Materials is operating at the current time. Most of Summit Materials' value examination focuses on studying past and present price action to predict the probability of Summit Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Materials' price. Additionally, you may evaluate how the addition of Summit Materials to your portfolios can decrease your overall portfolio volatility.
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Is Summit Materials' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Materials. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.90)
Earnings Share
2.39
Revenue Per Share
22.004
Quarterly Revenue Growth
0.195
Return On Assets
0.0438
The market value of Summit Materials is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Materials' value that differs from its market value or its book value, called intrinsic value, which is Summit Materials' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Materials' market value can be influenced by many factors that don't directly affect Summit Materials' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Materials' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.