Summit Midstream Corporation (SMC)
NYSE: SMC · Real-Time Price · USD
36.13
+0.13 (0.36%)
Nov 21, 2024, 12:28 PM EST - Market open

Summit Midstream Statistics

Total Valuation

SMC has a market cap or net worth of $384.74 million. The enterprise value is $1.56 billion.

Market Cap 384.74M
Enterprise Value 1.56B

Important Dates

The last earnings date was Tuesday, November 12, 2024, before market open.

Earnings Date Nov 12, 2024
Ex-Dividend Date n/a

Share Statistics

SMC has 10.65 million shares outstanding. The number of shares has increased by 34.10% in one year.

Current Share Class 10.65M
Shares Outstanding 10.65M
Shares Change (YoY) +34.10%
Shares Change (QoQ) n/a
Owned by Insiders (%) 13.02%
Owned by Institutions (%) 34.62%
Float 9.26M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.84
Forward PS n/a
PB Ratio 0.70
P/TBV Ratio 0.95
P/FCF Ratio n/a
P/OCF Ratio 6.81
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 3.46
EV / EBITDA 8.75
EV / EBIT 22.28
EV / FCF n/a

Financial Position

The company has a current ratio of 0.93, with a Debt / Equity ratio of 1.22.

Current Ratio 0.93
Quick Ratio 0.34
Debt / Equity 1.22
Debt / EBITDA 5.19
Debt / FCF n/a
Interest Coverage 0.52

Financial Efficiency

Return on equity (ROE) is -12.61% and return on invested capital (ROIC) is 2.16%.

Return on Equity (ROE) -12.61%
Return on Assets (ROA) 1.94%
Return on Capital (ROIC) 2.16%
Revenue Per Employee $1.85M
Profits Per Employee -$540,652
Employee Count 244
Asset Turnover 0.20
Inventory Turnover n/a

Taxes

In the past 12 months, SMC has paid $142.63 million in taxes.

Income Tax 142.63M
Effective Tax Rate 364.59%

Stock Price Statistics

Beta (5Y) 2.38
52-Week Price Change n/a
50-Day Moving Average 35.52
200-Day Moving Average n/a
Relative Strength Index (RSI) 54.23
Average Volume (20 Days) 54,035

Short Selling Information

The latest short interest is 56,047, so 0.53% of the outstanding shares have been sold short.

Short Interest 56,047
Short Previous Month 191,927
Short % of Shares Out 0.53%
Short % of Float 0.61%
Short Ratio (days to cover) 1.56

Income Statement

In the last 12 months, SMC had revenue of $450.86 million and -$131.92 million in losses. Loss per share was -$12.53.

Revenue 450.86M
Gross Profit 229.94M
Operating Income 70.04M
Pretax Income 94.32M
Net Income -131.92M
EBITDA 178.33M
EBIT 70.04M
Loss Per Share -$12.53
Full Income Statement

Balance Sheet

The company has $17.84 million in cash and $956.97 million in debt, giving a net cash position of -$939.12 million or -$88.19 per share.

Cash & Cash Equivalents 17.84M
Total Debt 956.97M
Net Cash -939.12M
Net Cash Per Share -$88.19
Equity (Book Value) 782.89M
Book Value Per Share 51.15
Working Capital -16.95M
Full Balance Sheet

Cash Flow

Operating Cash Flow 56.27M
Capital Expenditures -56.90M
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 51.00%, with operating and profit margins of 15.54% and -22.96%.

Gross Margin 51.00%
Operating Margin 15.54%
Pretax Margin 8.68%
Profit Margin -22.96%
EBITDA Margin 39.55%
EBIT Margin 15.54%
FCF Margin 11.17%

Dividends & Yields

SMC does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -34.10%
Shareholder Yield -34.10%
Earnings Yield -34.41%
FCF Yield n/a
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

The last stock split was on November 10, 2020. It was a reverse split with a ratio of 0.0666666667:1.

Last Split Date Nov 10, 2020
Split Type Reverse
Split Ratio 0.0666666667:1

Scores

SMC has an Altman Z-Score of 0.36 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.36
Piotroski F-Score 6