Summit Capex To Revenue vs Total Revenue Analysis

SUM Stock  USD 39.37  0.75  1.87%   
Summit Materials financial indicator trend analysis is much more than just breaking down Summit Materials prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Summit Materials is a good investment. Please check the relationship between Summit Materials Capex To Revenue and its Total Revenue accounts. 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.

Capex To Revenue vs Total Revenue

Capex To Revenue vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Summit Materials Capex To Revenue account and Total Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Summit Materials' Capex To Revenue and Total Revenue is -0.71. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Summit Materials, assuming nothing else is changed. The correlation between historical values of Summit Materials' Capex To Revenue and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of Summit Materials are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Capex To Revenue i.e., Summit Materials' Capex To Revenue and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Total Revenue

Total revenue comprises all receipts Summit Materials generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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.At this time, Summit Materials' Selling General Administrative is very stable compared to the past year. As of the 23rd of May 2024, Discontinued Operations is likely to grow to about 2.9 M, while Enterprise Value is likely to drop about 2.7 B.
 2021 2022 2023 2024 (projected)
Interest Expense92.2M87.0M114.2M99.0M
Depreciation And Amortization247.2M209.2M217.6M177.8M

Summit Materials fundamental ratios Correlations

0.960.910.90.890.90.970.390.810.70.910.890.970.790.890.920.97-0.950.950.940.250.830.950.80.68-0.12
0.960.960.950.940.970.990.30.870.80.960.890.990.870.890.970.98-0.880.970.980.40.890.980.910.79-0.03
0.910.960.970.950.870.950.470.970.710.910.780.950.90.780.90.96-0.880.990.960.430.870.990.90.76-0.02
0.90.950.970.980.880.960.420.920.740.940.810.940.940.810.930.95-0.880.960.920.420.860.960.880.760.05
0.890.940.950.980.860.940.410.890.720.970.80.940.950.80.940.94-0.840.950.910.380.840.960.840.740.2
0.90.970.870.880.860.950.090.760.850.910.90.930.790.90.950.91-0.80.890.940.430.870.890.920.8-0.04
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
0.890.890.780.810.80.90.880.220.60.740.830.880.691.00.870.86-0.810.830.830.240.770.830.730.7-0.04
0.970.990.950.940.940.930.990.370.870.730.960.880.870.880.971.0-0.910.980.970.30.860.980.830.72-0.04
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
0.920.970.90.930.940.950.970.190.810.790.980.870.970.90.870.96-0.820.940.940.360.850.940.850.760.06
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
-0.95-0.88-0.88-0.88-0.84-0.8-0.92-0.51-0.81-0.67-0.81-0.81-0.91-0.73-0.81-0.82-0.91-0.9-0.87-0.28-0.82-0.89-0.73-0.660.2
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
0.940.980.960.920.910.940.980.310.90.770.920.830.970.830.830.940.97-0.870.970.420.890.970.90.78-0.03
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
0.830.890.870.860.840.870.890.160.810.940.850.770.860.810.770.850.85-0.820.860.890.730.860.880.96-0.08
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

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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 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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
2.25
Revenue Per Share
22.773
Quarterly Revenue Growth
0.849
Return On Assets
0.0366
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.