Summit Bank Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Summit Bank Group's balance sheet done over the years? Its assets were worth $1,080,750,580 last year, which is more than in the previous period. 91% of Summit Bank Group’s total assets is currently financed by debt. Its liabilities reached the amount of $985,095,205, which means an increase by 11% compared compared to last year.
Debt to Assets
| 2014 | 179266179 | 70.19K | 0.04% |
|---|---|---|---|
| 2015 | 236304902 | 74.69K | 0.03% |
| 2017 | 335789941 | 301.25M | 89.72% |
| 2019 | 507655070 | 460.82M | 90.78% |
| 2020 | 761973272 | 698.83M | 91.71% |
| 2021 | 904281439 | 830.07M | 91.79% |
| 2022 | 971411450 | 886.78M | 91.29% |
| 2023 | 1080750580 | 985.09M | 91.15% |
SBKO Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|
Assets | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | 74.40M | 140.31M | 196.99M | 163.34M | 14.64M | 12.46M | 19.32M | 13.01M |
Short term investments | 18.51M | -65.95M | -170.58M | -141.10M | 0 | 0 | 0 | 0 |
Net receivables | 3.95M | 3.16M | 2.24M | 2.09M | 0 | 0 | 0 | 0 |
Inventory | 0 | -77.53M | -28.66M | -24.32M | 0 | 0 | 0 | 0 |
Other current assets | 79.02M | 143.83M | 199.27M | 165.56M | 51.66M | 43.03M | 0 | 0 |
Total current assets | 175.89M | 143.83M | 199.27M | 165.56M | 51.66M | 43.03M | 19.32M | 13.01M |
Non-current assets: | ||||||||
Property, Plant and Equipment | 10.66M | 7.66M | 6.71M | 6.33M | 6.73M | 4.83M | 5.15M | 2.81M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42.54K |
Long term investments | 0 | 16.87M | 16.56M | 10.50M | 6.61M | 2.95M | 0 | 0 |
Other non-current assets | 1.03B | 10.21M | 6.96M | 4.71M | 4.54M | 4.23M | 211.81M | 163.38M |
Total non-current assets | 1.04B | 827.57M | 705.01M | 596.40M | 455.98M | 292.75M | 216.97M | 166.25M |
Total assets | 1.08B | 971.41M | 904.28M | 761.97M | 507.65M | 335.78M | 236.30M | 179.26M |
Liabilities | ||||||||
| Current liabilities: | ||||||||
Accounts payable | ||||||||
Deferred revenue | 0 | -150.59K | -250.93K | -273.98K | 0 | 0 | 0 | 0 |
Short term debt | 3.81M | 1.78M | 1.59M | 22.63M | 1.80M | 136.37K | 0 | 0 |
Total current liabilities | 920.99M | 856.93M | 225.62M | 205.83M | 138.22M | 272.60M | 74.69K | 70.19K |
| Non-current liabilities: | ||||||||
Long term debt | 54.82M | 19.63M | 19.59M | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | -27.91M | 5.48M | 12.24M | 492.16M | 322.33M | 301.05M | 0 | 0 |
Total non-current liabilities | 64.29M | 29.85M | 604.44M | 493.00M | 322.60M | 28.65M | 0 | 0 |
Total liabilities | 985.09M | 886.78M | 830.07M | 698.83M | 460.82M | 301.25M | 74.69K | 70.19K |