Summit Long Term Investments from 2010 to 2024

SSBI Stock  USD 9.05  0.01  0.11%   
Summit State's Long Term Investments are decreasing with slightly volatile movements from year to year. Long Term Investments are predicted to flatten to about 74.5 M. For the period between 2010 and 2024, Summit State, Long Term Investments quarterly trend regression had mean deviation of  28,534,272 and range of 75.2 M. View All Fundamentals
 
Long Term Investments  
First Reported
2014-12-31
Previous Quarter
80.3 M
Current Value
93 M
Quarterly Volatility
24.8 M
 
Yuan Drop
 
Covid
Check Summit State financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit main balance sheet or income statement drivers, such as Depreciation And Amortization of 706.6 K, Interest Expense of 26 M or Total Revenue of 68.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0494 or PTB Ratio of 1.23. Summit financial statements analysis is a perfect complement when working with Summit State Valuation or Volatility modules.
  
This module can also supplement various Summit State Technical models . Check out the analysis of Summit State Correlation against competitors.

Latest Summit State's Long Term Investments Growth Pattern

Below is the plot of the Long Term Investments of Summit State Bank over the last few years. Long Term Investments is an item on the asset side of Summit State balance sheet that represents investments Summit State Bank intends to hold for over a year. Summit State Bank long term investments may include different instruments such as stocks, bonds, real estate and cash. It is Summit State's Long Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit State's overall financial position and show how it may be relating to other accounts over time.
Long Term Investments10 Years Trend
Slightly volatile
   Long Term Investments   
       Timeline  

Summit Long Term Investments Regression Statistics

Arithmetic Mean103,718,995
Geometric Mean99,289,869
Coefficient Of Variation29.86
Mean Deviation28,534,272
Median92,951,000
Standard Deviation30,972,203
Sample Variance959.3T
Range75.2M
R-Value(0.85)
Mean Square Error291.4T
R-Squared0.72
Significance0.000067
Slope(5,867,952)
Total Sum of Squares13429.9T

Summit Long Term Investments History

202474.5 M
202393 M
202283.8 M
202169.4 M
202068 M
201962.2 M
201878.2 M

About Summit State Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Summit State income statement, its balance sheet, and the statement of cash flows. Summit State investors use historical funamental indicators, such as Summit State's Long Term Investments, to determine how well the company is positioned to perform in the future. Although Summit State investors may use each financial statement separately, they are all related. The changes in Summit State's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Summit State's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Summit State Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Summit State. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Long Term Investments93 M74.5 M

Currently Active Assets on Macroaxis

When determining whether Summit State Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit State's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Summit State Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit State Bank Stock:
Check out the analysis of Summit State Correlation against competitors.
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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.
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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.
Quarterly Earnings Growth
(0.54)
Dividend Share
0.48
Earnings Share
1.62
Revenue Per Share
6.703
Quarterly Revenue Growth
(0.16)
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.