Summit Midstream Corporation Working Capital to Net Assets Ratio
Summit Midstream Corporation working capital to net assets ratio. Summit Midstream Corporation (SMC) has a Working Capital to Net Assets ratio of 2.4% as of March 2026. Working capital of $21.76 Million (current assets of $129.97 Million minus current liabilities of $108.20 Million) is measured against net assets of $914.99 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check SMC tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Summit Midstream Corporation (2019–2025)
Working capital to net assets ratio of Summit Midstream Corporation from 2019 to 2025. This chart shows how Summit Midstream Corporation's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 2.4%, reflecting working capital of $21.76 Million against net assets of $914.99 Million USD. See operational self-sufficiency of Summit Midstream Corporation to measure how many days the company can operate on defensive assets alone.
Summit Midstream Corporation Working Capital to Net Assets Ratio by Year (2019–2025)
Summit Midstream Corporation working capital to net assets ratio by year from 2019 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Summit Midstream Corporation from 2019 to 2025, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see SMC total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -7.3% | $-79.87 Million | $1.09 Billion | $96.92 Million | $176.79 Million | ▼ -1.5 pp |
| 2024 | -5.9% | $-56.53 Million | $965.12 Million | $118.27 Million | $174.80 Million | ▼ -1.6 pp |
| 2023 | -4.2% | $-35.59 Million | $843.22 Million | $98.42 Million | $134.01 Million | ▼ -1.9 pp |
| 2022 | -2.3% | $-20.35 Million | $883.40 Million | $97.54 Million | $117.89 Million | ▼ -3.1 pp |
| 2021 | 0.8% | $8.13 Million | $1.01 Billion | $87.37 Million | $79.24 Million | ▼ -0.5 pp |
| 2020 | 1.4% | $13.69 Million | $1.01 Billion | $82.10 Million | $68.41 Million | ▼ -3.9 pp |
| 2019 | 5.2% | $134.31 Million | $2.57 Billion | $139.86 Million | $5.55 Million | — |