Summit Materials (SUM) Financials

Summit Materials Inc (SUM) is a leading construction materials company operating across the United States and Canada. The company's financial performance is reflected in its income statement, which provides a snapshot of its revenue and expenses. In the most recent period, Summit Materials Inc generated a total revenue of $2.8 billion, representing a significant increase compared to the previous year. The company's gross profit also showed strong growth, reaching $618 million. However, after accounting for operating costs and taxes, Summit Materials Inc reported a net income from stockholders of $123 million.

On the balance sheet, Summit Materials Inc displays its financial position as of a specific point in time. The company's total assets amounted to $6.5 billion, reflecting its significant investment in property, plant, and equipment. Summit Materials Inc's total liabilities, including both short-term and long-term debt, totaled $3.7 billion. This leaves the stockholders' equity at $2.8 billion, which indicates a healthy financial position for the company.

In terms of cash flow, Summit Materials Inc showcases its ability to generate and use cash for operating, investing, and financing activities. The company's operating cash flow amounted to $492 million, illustrating its ability to generate positive cash from its day-to-day operations. Summit Materials Inc also made certain investments, as reflected in its investing cash flow of -$244 million. Furthermore, the company managed its financing activities effectively, evidenced by a financing cash flow of -$206 million. Ultimately, this resulted in a free cash flow of $248 million, indicating the amount of cash available for expansion or distribution to stockholders.

Summit Materials Inc's ebit and ebitda are key financial metrics that provide insights into its profitability. The company's earnings before interest and taxes (EBIT) reached $386 million, reflecting its ability to generate operating profit. Summit Materials Inc's earnings before interest, taxes, depreciation, and amortization (EBITDA) amounted to $554 million, which further illustrates its strong financial performance. These metrics highlight the company's efficient cost management and solid revenue generation.

In terms of its financial structure, Summit Materials Inc has managed its debt effectively. The company's total debt currently stands at $2.4 billion, while its net debt (total debt minus cash equivalents) is $2.2 billion. This demonstrates that the company has a manageable debt burden and sufficient liquidity to meet its obligations. Additionally, Summit Materials Inc's cash equivalents, amounting to $200 million, provide further stability and financial flexibility.

Overall, Summit Materials Inc's financials reflect a strong and stable organization. With a healthy balance sheet, positive cash flow, and solid profitability indicators, the company is well-positioned for future growth and continued success in the construction materials industry.