Summit Midstream Corporation (SMC) — Tangible Net Worth Ratio
Summit Midstream Corporation (SMC) has a Tangible Net Worth Ratio of 83.5% as of March 2026. This metric is calculated by deducting intangible assets ($150.89 Million) from net assets ($914.99 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Summit Midstream Corporation (SMC) net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Summit Midstream Corporation Tangible Net Worth Ratio (2019–2025)
This chart shows how Summit Midstream Corporation's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 83.5%, reflecting net assets of $914.99 Million with intangible assets of $150.89 Million USD. Also explore Summit Midstream Corporation (SMC) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Summit Midstream Corporation (2019–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Summit Midstream Corporation from 2019 to 2025, covering 7 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Summit Midstream Corporation market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 85.9% | $1.09 Billion | $153.56 Million | $2.39 Billion | ▲ +1.9 pp |
| 2024 | 84.0% | $965.12 Million | $154.28 Million | $2.36 Billion | ▲ +4.8 pp |
| 2023 | 79.2% | $843.22 Million | $175.59 Million | $2.49 Billion | ▲ +1.7 pp |
| 2022 | 77.5% | $883.40 Million | $198.72 Million | $2.56 Billion | ▼ -5.4 pp |
| 2021 | 82.9% | $1.01 Billion | $172.93 Million | $2.52 Billion | ▲ +2.6 pp |
| 2020 | 80.3% | $1.01 Billion | $199.57 Million | $2.50 Billion | ▼ -10.7 pp |
| 2019 | 91.0% | $2.57 Billion | $232.28 Million | $2.57 Billion | — |