Summit Minerals Limited
AASX:SUMShare Statistics
As of June 30, 2024, Summit Minerals Limited has 72.92M shares outstanding.
| Shares Outstanding | 72.92M |
Valuation Ratios
These figures are as of June 30, 2024.
| PB Ratio | 3.49 |
| P/TBV Ratio | 1.42 |
Financial Position
As of June 30, 2024, Summit Minerals Limited maintains a current ratio of 23.95, meaning it holds 23.9x the short-term assets needed to cover near-term liabilities.
| Current Ratio | 23.95 |
| Quick Ratio | 11.21 |
Financial Efficiency
Over the twelve months ended June 30, 2024, Summit Minerals Limited posted a negative return on equity (ROE) of -101.45, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -49.61, reflecting losses generated across the asset base.
| Return on Equity (ROE) | -101.45 |
| Return on Assets (ROA) | -49.61 |
Dividends & Yields
These figures cover the twelve months ended June 30, 2024. Total shareholder yield is negative at -17.57, meaning Summit Minerals Limited raised more capital through share issuance and new debt than it returned via dividends and buybacks.
| Shareholder Yield | -17.57 |
Scores
As of June 30, 2024, Summit Minerals Limited has an Altman Z-Score of 52.82, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 52.82 |