Summit Midstream Corporation (SMC)

Summit Midstream Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	17.84	14.04	11.81	7.35	15.54	9.53
Cash & Short-Term Investments	17.84	14.04	11.81	7.35	15.54	9.53
Cash Growth	4.36%	18.94%	60.67%	-52.72%	63.11%	119.33%
Receivables	60.57	76.28	75.29	62.12	61.93	97.42
Restricted Cash	126.52	2.6	1.72	12.22	-	27.39
Other Current Assets	9.08	5.5	8.72	5.68	4.62	5.52
Total Current Assets	214.01	98.42	97.54	87.37	82.1	139.86
Property, Plant & Equipment	1,351	1,711	1,732	1,729	1,819	1,882
Long-Term Investments	269.94	486.43	506.68	523.2	392.74	309.73
Other Intangible Assets	140.01	175.59	198.72	172.93	199.57	232.28
Other Long-Term Assets	24.45	22.41	25.25	9.58	6.12	9.74
Total Assets	1,999	2,494	2,560	2,522	2,500	2,574
Accounts Payable	12.93	22.71	14.05	10.5	11.88	24.42
Accrued Expenses	60.06	68.52	65.89	49.86	41.18	42.61
Current Portion of Long-Term Debt	130.51	15.52	10.51	-	-	5.55
Current Portion of Leases	-	4.21	3.01	1.38	2.92	2.47
Current Unearned Revenue	9.47	10.2	9.05	10.37	9.99	13.49
Other Current Liabilities	17.99	12.85	15.39	7.13	2.45	1.02
Total Current Liabilities	230.97	134.01	117.89	79.24	68.41	89.55
Long-Term Debt	826.45	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	26.18	30.09	37.69	42.57	48.25	38.71
Long-Term Deferred Tax Liabilities	115.55	-	-	-	-	-
Other Long-Term Liabilities	17.13	23.16	30.77	32.5	19.95	7.69
Total Liabilities	1,216	1,651	1,677	1,512	1,487	1,761
Common Stock	0.11	621.67	679.49	734.59	748.47	305.55
Total Common Equity	544.67	621.67	679.49	734.59	748.47	305.55
Minority Interest	131.41	124.65	118.58	106.33	89.66	213.52
Shareholders' Equity	782.89	843.22	883.4	1,011	1,013	812.69
Total Liabilities & Equity	1,999	2,494	2,560	2,522	2,500	2,574
Total Debt	956.97	1,483	1,504	1,359	1,354	1,633
Net Cash (Debt)	-939.12	-1,469	-1,492	-1,351	-1,338	-1,624
Net Cash Per Share	-89.17	-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	-16.95	-35.59	-20.35	8.13	13.69	50.31
Book Value Per Share	51.15	59.91	66.73	102.46	122.50	49.02
Tangible Book Value	404.66	446.08	480.77	561.67	548.9	73.27
Tangible Book Value Per Share	38.00	42.99	47.21	78.34	89.83	11.76
Land	11.53	11.53	11.76	10.64	10.44	10.14
Machinery	1,940	2,336	2,262	2,225	2,214	2,183
Construction In Progress	38.71	56.06	59.04	49.08	60.44	78.72

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