Summit State Bank Statistics
Total Valuation
SSBI has a market cap or net worth of $66.77 million. The enterprise value is -$19.37 million.
| Market Cap | 66.77M |
| Enterprise Value | -19.37M |
Important Dates
The next estimated earnings date is Tuesday, July 30, 2024, before market open.
| Earnings Date | Jul 30, 2024 |
| Ex-Dividend Date | May 15, 2024 |
Share Statistics
SSBI has 6.68 million shares outstanding. The number of shares has increased by 0.15% in one year.
| Shares Outstanding | 6.68M |
| Shares Change (YoY) | +0.15% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 23.08% |
| Owned by Institutions (%) | 21.28% |
| Float | 4.80M |
Valuation Ratios
The trailing PE ratio is 8.26.
| PE Ratio | 8.26 |
| Forward PE | n/a |
| PS Ratio | 1.30 |
| Forward PS | n/a |
| PB Ratio | 0.68 |
| P/FCF Ratio | 69.26 |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.07, with a Debt / Equity ratio of 0.36.
| Current Ratio | 0.07 |
| Quick Ratio | n/a |
| Debt / Equity | 0.36 |
| Debt / EBITDA | 5.02 |
| Debt / FCF | 36.73 |
| Interest Coverage | -0.21 |
Financial Efficiency
Return on equity (ROE) is 8.28% and return on invested capital (ROIC) is 17.81%.
| Return on Equity (ROE) | 8.28% |
| Return on Assets (ROA) | 0.75% |
| Return on Capital (ROIC) | 17.81% |
| Revenue Per Employee | $457,786 |
| Profits Per Employee | $72,330 |
| Employee Count | 112 |
| Asset Turnover | 0.05 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, SSBI has paid $3.41 million in taxes.
| Income Tax | 3.41M |
| Effective Tax Rate | 29.62% |
Stock Price Statistics
The stock price has decreased by -43.02% in the last 52 weeks. The beta is 0.63, so SSBI's price volatility has been lower than the market average.
| Beta (5Y) | 0.63 |
| 52-Week Price Change | -43.02% |
| 50-Day Moving Average | 9.32 |
| 200-Day Moving Average | 11.26 |
| Relative Strength Index (RSI) | 58.49 |
| Average Volume (20 Days) | 3,800 |
Short Selling Information
The latest short interest is 5,882, so 0.09% of the outstanding shares have been sold short.
| Short Interest | 5,882 |
| Short Previous Month | 6,531 |
| Short % of Shares Out | 0.09% |
| Short % of Float | 0.12% |
| Short Ratio (days to cover) | 1.57 |
Income Statement
In the last 12 months, SSBI had revenue of $51.27 million and earned $8.10 million in profits. Earnings per share was $1.21.
| Revenue | 51.27M |
| Gross Profit | 51.27M |
| Operating Income | 33.74M |
| Pretax Income | 11.51M |
| Net Income | 8.10M |
| EBITDA | 7.06M |
| EBIT | 6.67M |
| Earnings Per Share (EPS) | $1.21 |
Balance Sheet
The company has -$37.71 million in cash and $35.41 million in debt, giving a net cash position of $86.14 million or $12.90 per share.
| Cash & Cash Equivalents | -37.71M |
| Total Debt | 35.41M |
| Net Cash | 86.14M |
| Net Cash Per Share | $12.90 |
| Equity (Book Value) | 97.88M |
| Book Value Per Share | 14.66 |
| Working Capital | -583.15M |
Cash Flow
In the last 12 months, operating cash flow was $1.14 million and capital expenditures -$173,000, giving a free cash flow of $964,000.
| Operating Cash Flow | 1.14M |
| Capital Expenditures | -173,000 |
| Free Cash Flow | 964,000 |
| FCF Per Share | $0.14 |
Margins
Gross margin is 100.00%, with operating and profit margins of 65.80% and 15.80%.
| Gross Margin | 100.00% |
| Operating Margin | 65.80% |
| Pretax Margin | 22.45% |
| Profit Margin | 15.80% |
| EBITDA Margin | 13.77% |
| EBIT Margin | 13.00% |
| FCF Margin | 1.88% |
Dividends & Yields
This stock pays an annual dividend of $0.48, which amounts to a dividend yield of 4.80%.
| Dividend Per Share | $0.48 |
| Dividend Yield | 4.80% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 39.67% |
| Buyback Yield | -0.15% |
| Shareholder Yield | 4.65% |
| Earnings Yield | 12.13% |
| FCF Yield | 1.44% |
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 October 28, 2021. It was a forward split with a ratio of 11:10.
| Last Split Date | Oct 28, 2021 |
| Split Type | Forward |
| Split Ratio | 11:10 |
Scores
SSBI has an Altman Z-Score of -0.45 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -0.45 |
| Piotroski F-Score | 3 |