Summit Midstream Corporation (SMC)

Summit Midstream Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	156.01	14.04	11.81	7.35	15.54	9.53
Cash & Short-Term Investments	156.01	14.04	11.81	7.35	15.54	9.53
Cash Growth	1046.02%	18.94%	60.67%	-52.72%	63.11%	119.33%
Receivables	55.99	76.28	75.29	62.12	61.93	97.42
Restricted Cash	4.21	2.6	1.72	12.22	-	27.39
Other Current Assets	5.23	5.5	8.72	5.68	4.62	5.52
Total Current Assets	221.43	98.42	97.54	87.37	82.1	139.86
Property, Plant & Equipment	1,367	1,711	1,732	1,729	1,819	1,882
Long-Term Investments	284.42	486.43	506.68	523.2	392.74	309.73
Other Intangible Assets	143.74	175.59	198.72	172.93	199.57	232.28
Other Long-Term Assets	16.83	22.41	25.25	9.58	6.12	9.74
Total Assets	2,033	2,494	2,560	2,522	2,500	2,574
Accounts Payable	19.09	22.71	14.05	10.5	11.88	24.42
Accrued Expenses	60.18	68.52	65.89	49.86	41.18	42.61
Current Portion of Long-Term Debt	65.71	15.52	10.51	-	-	5.55
Current Portion of Leases	-	4.21	3.01	1.38	2.92	2.47
Current Unearned Revenue	8.31	10.2	9.05	10.37	9.99	13.49
Other Current Liabilities	13.36	12.85	15.39	7.13	2.45	1.02
Total Current Liabilities	166.65	134.01	117.89	79.24	68.41	89.55
Long-Term Debt	861.68	1,455	1,480	1,355	1,347	1,622
Long-Term Leases	-	8.56	10.35	2.39	3.34	3.19
Long-Term Unearned Revenue	29.5	30.09	37.69	42.57	48.25	38.71
Other Long-Term Liabilities	23.04	23.16	30.77	32.5	19.95	7.69
Total Liabilities	1,081	1,651	1,677	1,512	1,487	1,761
Common Stock	719.63	621.67	679.49	734.59	748.47	305.55
Total Common Equity	719.63	621.67	679.49	734.59	748.47	305.55
Minority Interest	129.03	124.65	118.58	106.33	89.66	213.52
Shareholders' Equity	952.08	843.22	883.4	1,011	1,013	812.69
Total Liabilities & Equity	2,033	2,494	2,560	2,522	2,500	2,574
Total Debt	927.38	1,483	1,504	1,359	1,354	1,633
Net Cash (Debt)	-771.38	-1,469	-1,492	-1,351	-1,338	-1,624
Net Cash Per Share	-71.90	-142.19	-148.48	-200.49	-362.22	-537.55
Filing Date Shares Outstanding	10.65	10.42	10.18	10.02	6.11	6.24
Total Common Shares Outstanding	10.65	10.38	10.18	7.17	6.11	6.23
Working Capital	54.79	-35.59	-20.35	8.13	13.69	50.31
Book Value Per Share	67.58	59.91	66.73	102.46	122.50	49.02
Tangible Book Value	575.89	446.08	480.77	561.67	548.9	73.27
Tangible Book Value Per Share	54.08	42.99	47.21	78.34	89.83	11.76
Land	11.53	11.53	11.76	10.64	10.44	10.14
Machinery	1,932	2,336	2,262	2,225	2,214	2,183
Construction In Progress	42.34	56.06	59.04	49.08	60.44	78.72

Source: S&P Capital IQ. Standard template. Financial Sources.