Summit Cash Flow Overview
| SUM Stock | USD 38.93 0.63 1.59% |
Summit |
Most accounts from Summit Materials' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts 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 cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Summit Materials Valuation and Summit Materials Correlation analysis. To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.At this time, Summit Materials' End Period Cash Flow is very stable compared to the past year. As of the 25th of April 2024, Total Cashflows From Investing Activities is likely to grow to about 115.7 M, while Stock Based Compensation is likely to drop about 19.8 M.
Summit Materials cash flow statement Correlations
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Summit Materials Account Relationship Matchups
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Summit Materials cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 8.6M | 3.3M | 3.8M | (63.2M) | (26.4M) | (25.0M) | |
| Change In Cash | 182.8M | 106.9M | (37.2M) | 139.5M | 653.7M | 686.4M | |
| Free Cash Flow | 159.7M | 231.6M | 149.9M | 17.4M | 183.2M | 192.4M | |
| Depreciation | 222.9M | 227.8M | 235.3M | 212.5M | 217.6M | 178.7M | |
| Other Non Cash Items | (9.6M) | (2.9M) | (25.7M) | (182.8M) | (10.7M) | (11.3M) | |
| Capital Expenditures | 177.5M | 177.2M | 212.0M | 266.7M | 255.6M | 166.9M | |
| Net Income | 61.1M | 141.2M | 154.3M | 275.9M | 285.9M | 300.1M | |
| End Period Cash Flow | 311.3M | 418.2M | 381.0M | 520.5M | 1.2B | 1.2B | |
| Net Borrowings | 23.5M | 16.4M | (329.0M) | (124.1M) | (111.7M) | (106.1M) | |
| Change To Netincome | 24.0M | 3.5M | 16.6M | (95.8M) | (86.2M) | (81.9M) | |
| Change Receivables | (37.0M) | 5.5M | (31.3M) | 10.7M | 9.7M | 10.2M | |
| Investments | (162.8M) | (285.6M) | (91.2M) | 95.8M | (508.6M) | (534.1M) |
Summit Materials Investors Sentiment
The influence of Summit Materials' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Summit. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Summit Materials' public news can be used to forecast risks associated with an investment in Summit. The trend in average sentiment can be used to explain how an investor holding Summit can time the market purely based on public headlines and social activities around Summit Materials. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Summit Materials' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Summit Materials' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Summit Materials' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Summit Materials.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Summit Materials in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Summit Materials' short interest history, or implied volatility extrapolated from Summit Materials options trading.
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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 Summit Materials Valuation and Summit Materials Correlation analysis. To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.