Summit State Company Top Insiders

Summit State Management Team Effectiveness

The company has return on total asset (ROA) of 0.0123 % which means that it generated a profit of $0.0123 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1515 %, meaning that it created $0.1515 on every $100 dollars invested by stockholders. Summit State's management efficiency ratios could be used to measure how well Summit State manages its routine affairs as well as how well it operates its assets and liabilities. The Summit State's current Return On Capital Employed is estimated to increase to 0.30, while Return On Tangible Assets are projected to decrease to 0.01. As of now, Summit State's Fixed Asset Turnover is increasing as compared to previous years. The Summit State's current Asset Turnover is estimated to increase to 0.06, while Total Assets are projected to decrease to under 576 M. The Summit State's current Common Stock Shares Outstanding is estimated to increase to about 6.8 M. The Summit State's current Net Income Applicable To Common Shares is estimated to increase to about 20.5 M

Summit State Workforce Comparison

Summit State Profit Margins

The company has Profit Margin (PM) of 0.3 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.27 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.27.

Summit State Bank Benchmark Summation

Summit State Notable Stakeholders

The success or failure of an entity such as Summit State Bank often depends on how effective the management is. Summit State management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Summit management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Summit management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.

The data published in Summit State's official financial statements usually reflect Summit State's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Summit State Bank. For example, before you start analyzing numbers published by Summit accountants, it's critical to develop an understanding of what Summit State's liquidity, profitability, and earnings quality are in the context of the Banks space in which it operates.

Please note, the presentation of Summit State's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Summit State's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Summit State's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Summit State Bank. Please utilize our Beneish M Score to check the likelihood of Summit State's management manipulating its earnings.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit State Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Summit State Bank information on this page should be used as a complementary analysis to other Summit State's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

When running Summit State's price analysis, check to measure Summit State's 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 State is operating at the current time. Most of Summit State's value examination focuses on studying past and present price action to predict the probability of Summit State's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit State's price. Additionally, you may evaluate how the addition of Summit State to your portfolios can decrease your overall portfolio volatility.

Is Summit State's 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 State. 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 State listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Summit State Bank 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 State's value that differs from its market value or its book value, called intrinsic value, which is Summit State's 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 State's market value can be influenced by many factors that don't directly affect Summit State's 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 State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit State's 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.