Summit Midstream Corporation Tangible Net Worth Ratio
Summit Midstream Corporation 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. Check asset allocation strategy of Summit Midstream Corporation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Summit Midstream Corporation (2019–2025)
Tangible net worth ratio of Summit Midstream Corporation from 2019 to 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. See Summit Midstream Corporation (SMC) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Summit Midstream Corporation Tangible Net Worth Ratio by Year (2019–2025)
Summit Midstream Corporation tangible net worth ratio by year from 2019 to 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 live market cap and overall valuation, see Summit Midstream Corporation (SMC) market capitalisation.
| 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 | — |