Summit Financial 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 Financial Group's balance sheet done over the years? Its assets were worth $4,634,322,000 last year, which is more than in the previous period. 91% of Summit Financial Group’s total assets is currently financed by debt. Its liabilities reached the amount of $4,194,113,999, which means an increase by 18% compared compared to last year.
Debt to Assets
| 2014 | 1443568000 | 1.31B | 90.88% |
|---|---|---|---|
| 2015 | 1492429000 | 1.34B | 90.37% |
| 2016 | 1758647000 | 1.60B | 91.17% |
| 2017 | 2134240000 | 1.93B | 90.56% |
| 2018 | 2200586000 | 1.98B | 90.01% |
| 2019 | 2403492000 | 2.15B | 89.69% |
| 2020 | 3106384000 | 2.82B | 90.94% |
| 2021 | 3576719000 | 3.24B | 90.84% |
| 2022 | 3916692000 | 3.56B | 90.95% |
| 2023 | 4634322000 | 4.19B | 90.5% |
SMMF Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 52.23M | 44.71M | 78.45M | 99.78M | 61.88M | 59.54M | 52.63M | 46.61M | 9.48M | 12.51M |
Short term investments | 502.76M | 405.20M | 401.10M | 286.12M | 276.35M | 293.14M | 328.72M | 266.54M | 280.79M | 282.83M |
Net receivables | 20.00M | 15.86M | 10.57M | 11.98M | 8.43M | 8.70M | 8.32M | 6.16M | 5.54M | 5.83M |
Inventory | 1.83M | -65.65M | -98.89M | -127.36M | -89.60M | 0 | 0 | 0 | 0 | 0 |
Other current assets | -470.46M | 65.65M | 98.89M | 127.36M | 89.60M | 1.46B | 0 | 1.12B | 0 | 0 |
Total current assets | 75.96M | 465.78M | 490.13M | 397.90M | 346.68M | 1.82B | 1.72B | 1.44B | 1.17B | 1.12B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 71.73M | 53.98M | 56.37M | 52.53M | 44.16M | 37.55M | 34.20M | 23.73M | 21.57M | 20.06M |
Goodwill | 56.03M | 55.3M | 55.34M | 45.49M | 12.65M | 15.27M | 15.27M | 10.98M | 6.19M | 6.19M |
Intangible assets | 18.43M | 6.85M | 8.24M | 9.62M | 10.36M | 10.57M | 12.24M | 2.66M | 1.3M | 1.5M |
Long term investments | 94.03M | 546.88M | 530.66M | 386.04M | 276.35M | 293.28M | 328.72M | 266.54M | 280.79M | 282.83M |
Other non-current assets | 118.04M | -546.88M | -650.63M | -493.70M | -343.54M | 16.49M | 14.93M | 12.94M | 8.94M | 6.18M |
Total non-current assets | 4.55B | 116.13M | 650.63M | 493.70M | 343.54M | 373.17M | 405.37M | 316.87M | 318.81M | 316.77M |
Total assets | 4.63B | 3.91B | 3.57B | 3.10B | 2.40B | 2.20B | 2.13B | 1.75B | 1.49B | 1.44B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 304.28M | 225.99M | 140.14M | 140.14M | 199.34M | 309.08M | 250.49M | 224.46M | 171.39M | 123.63M |
Total current liabilities | 3.46B | 225.99M | 140.14M | 140.14M | 199.34M | 303.95M | 247M | 221M | 167.95M | 120.95M |
| Non-current liabilities: | ||||||||||
Long term debt | 123.98M | 123.54M | 123.15M | 49.65M | 20.30M | 20.32M | 65.34M | 66.25M | 95.17M | 113.87M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 603.35M | 3.21B | -123.15M | -49.65M | -20.30M | 0 | 1.61B | -45M | 1.08B | 1.07B |
Total non-current liabilities | 727.33M | 3.33B | 123.15M | 49.65M | 20.30M | 20.32M | 20.34M | 21.25M | 23.17M | 41.87M |
Total liabilities | 4.19B | 3.56B | 3.24B | 2.82B | 2.15B | 1.98B | 1.93B | 1.60B | 1.34B | 1.31B |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |