Summit Midstream Corporation (SMC) - Total Liabilities
Based on the latest financial reports, Summit Midstream Corporation (SMC) has total liabilities worth $1.32 Billion USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore how efficiently does Summit Midstream Corporation generate cash to assess how effectively this company generates cash.
Summit Midstream Corporation - Total Liabilities Trend (2019–2024)
This chart illustrates how Summit Midstream Corporation's total liabilities have evolved over time, based on quarterly financial data. Check Summit Midstream Corporation liquidity resilience to evaluate the company's liquid asset resilience ratio.
Summit Midstream Corporation Competitors by Total Liabilities
The table below lists competitors of Summit Midstream Corporation ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Henan BCCY Environmental Energy Co. Ltd
SHE:300614
|
China | CN¥910.46 Million |
|
Ve Wong Corp
TW:1203
|
Taiwan | NT$3.35 Billion |
|
CapMan Oyj B
HE:CAPMAN
|
Finland | €143.25 Million |
|
Elnusa Tbk
JK:ELSA
|
Indonesia | Rp5.60 Trillion |
|
Eimskipafélag Íslands hf
IC:EIM
|
Iceland | Ikr352.78 Million |
|
Springsnow Food Group Co Ltd
SHG:605567
|
China | CN¥1.17 Billion |
|
Silence Therapeutics PLC
NASDAQ:SLN
|
USA | $72.73 Million |
|
Haverty Furniture Companies Inc
NYSE:HVT
|
USA | $345.68 Million |
Liability Composition Analysis (2019–2024)
This chart breaks down Summit Midstream Corporation's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see SMC market cap overview.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.76 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 0.17 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.91 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.55 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Summit Midstream Corporation's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Summit Midstream Corporation (2019–2024)
The table below shows the annual total liabilities of Summit Midstream Corporation from 2019 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $1.39 Billion | -15.54% |
| 2023-12-31 | $1.65 Billion | -1.53% |
| 2022-12-31 | $1.68 Billion | +10.90% |
| 2021-12-31 | $1.51 Billion | +1.65% |
| 2020-12-31 | $1.49 Billion | +26716.95% |
| 2019-12-31 | $5.55 Million | -- |
About Summit Midstream Corporation
Summit Midstream Corporation focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. The company operates through Rockies, Permian, Piceance, Mid-Con, and Northeast segments. It owns, develops, and operates natural gas, crude oil, produced water gathering systems, and transmission pipelines. The company serve… Read more