Summit Bancshares
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 Bancshares's balance sheet done over the years? Its assets were worth $318,377,029 last year, which is less than in the previous period. 86% of Summit Bancshares’s total assets is currently financed by debt. Its liabilities reached the amount of $273,143,355, which means an decrease by -15% compared compared to last year.
Debt to Assets
| 2014 | 218314 | 33 | 0.02% |
|---|---|---|---|
| 2015 | 229598455 | 202.06M | 88.01% |
| 2016 | 241124815 | 213.79M | 88.67% |
| 2017 | 263317868 | 234.75M | 89.15% |
| 2018 | 267628967 | 236.34M | 88.31% |
| 2019 | 258397470 | 222.96M | 86.29% |
| 2020 | 307270883 | 269.83M | 87.82% |
| 2021 | 368465688 | 329.12M | 89.32% |
| 2022 | 361326782 | 320.16M | 88.61% |
| 2023 | 318377029 | 273.14M | 85.79% |
SMAL Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | -8.39M | 77.64M | 47.03M | 48.30M | 60.23M | -7.26M | -11.92M | -4.75M | -4.09M | 19.42K |
Short term investments | 0 | -90.23M | -52.75M | -51.82M | -65.24M | 0 | 0 | 0 | 0 | 0 |
Net receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 121.88M | 150.39M | 169.78M | 84.55M | 67.73M | 80.25M | 99.03M | 115.64M | 86.52M | 0 |
Total current assets | 121.88M | 150.39M | 169.78M | 84.55M | 67.73M | 80.25M | 99.03M | 115.64M | 86.52M | 19.42K |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 6.71M | 6.57M | 6.98M | 7.24M | 7.02M | 5.38M | 4.36M | 56.96K | 100.95K | 158 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 72.25M | 65.04M | 41.31M | 44.78M | 55.22M | 59.98M | 75.36M | 79.81M | 77.35M | 0 |
Other non-current assets | 7.39M | 7.84M | 7.50M | 8.17M | 7.90M | 7.25M | 7.29M | 42.50M | 6.40M | 198.73K |
Total non-current assets | 196.49M | 210.93M | 198.68M | 222.71M | 190.66M | 187.37M | 164.27M | 125.47M | 143.06M | 198.89K |
Total assets | 318.37M | 361.32M | 368.46M | 307.27M | 258.39M | 267.62M | 263.31M | 241.12M | 229.59M | 218.31K |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 358.47K | 350.09K | 367.87K | 358.40K | 290.37K | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 220.71M | 187.00M | 204.63M | 165.50M | 124.38M | 128.51M | 128.93M | 122.43M | 111.14M | 33 |
| Non-current liabilities: | ||||||||||
Long term debt | 974.89K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 51.45M | 133.16M | 124.49M | 103.91M | 98.16M | 107.82M | 105.82M | 91.36M | 90.92M | 0 |
Total non-current liabilities | 52.43M | 133.16M | 124.49M | 104.32M | 98.57M | 107.82M | 105.82M | 91.36M | 90.92M | 0 |
Total liabilities | 273.14M | 320.16M | 329.12M | 269.83M | 222.96M | 236.34M | 234.75M | 213.79M | 202.06M | 33 |