Summit Materials Inc
Summit Materials, Inc. operates as a vertically integrated construction materials company in the United States and Canada. It operates in three segments: West, East, and Cement. The company offers aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components. It also provides asphalt paving and related services. In addition, the company operat… Read more
Summit Materials Inc (SUM) - Total Liabilities
Latest total liabilities as of September 2024: $3.98 Billion USD
Based on the latest financial reports, Summit Materials Inc (SUM) has total liabilities worth $3.98 Billion USD as of September 2024.
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.
Summit Materials Inc - Total Liabilities Trend (2012–2023)
This chart illustrates how Summit Materials Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Summit Materials Inc Competitors by Total Liabilities
The table below lists competitors of Summit Materials Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Merus BV
NASDAQ:MRUS
|
USA | $110.36 Million |
|
BYD CO.LTD SDR/0,10 O.N.
F:4BY1
|
Germany | €601.59 Billion |
|
Aker BP ASA
PINK:AKRBF
|
USA | $31.03 Billion |
|
ViaSat Inc
NASDAQ:VSAT
|
USA | $10.28 Billion |
|
APA Group
PINK:APAJF
|
USA | $17.27 Billion |
|
Repligen Corporation
NASDAQ:RGEN
|
USA | $840.62 Million |
|
Fannie Mae
LSE:0IL0
|
UK | $4.17 Trillion |
Liability Composition Analysis (2012–2023)
This chart breaks down Summit Materials Inc'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.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 3.10 | 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 | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.90 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.47 | 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 Materials Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Summit Materials Inc (2012–2023)
The table below shows the annual total liabilities of Summit Materials Inc from 2012 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $2.83 Billion | +26.26% |
| 2022-12-31 | $2.24 Billion | -7.13% |
| 2021-12-31 | $2.42 Billion | -10.25% |
| 2020-12-31 | $2.69 Billion | +2.63% |
| 2019-12-31 | $2.62 Billion | +4.27% |
| 2018-12-31 | $2.52 Billion | 0.00% |
| 2017-12-31 | $2.52 Billion | +30.92% |
| 2016-12-31 | $1.92 Billion | +18.00% |
| 2015-12-31 | $1.63 Billion | +12.86% |
| 2014-12-31 | $1.44 Billion | +49.63% |
| 2013-12-31 | $964.24 Million | +7.28% |
| 2012-12-31 | $898.78 Million | -- |