SUMMF (Summit Royalties) Total Assets: $46.65 Mil (As of Mar. 2026)


SUMMF Summit Royalties Ltd SUMMF
19 GF Score
Price $0.99
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What is Summit Royalties Total Assets?

Summit Royalties SUMMF +0.60% 19 Total Assets is $46.65 Mil as of Mar. 2026. GuruFocus rates SUMMF with a GF Score™ of 19/100. The stock has 1 warning sign investors should review.

Summit Royalties's Total Assets for the quarter that ended in Mar. 2026 was $46.65 Mil.

During the past 12 months, Summit Royalties's average Total Assets Growth Rate was 2612400.00% per year.

Total Assets is connected with ROA %. Summit Royalties's annualized ROA % for the quarter that ended in Mar. 2026 was 16.82%. Total Assets is also linked to Revenue through Asset Turnover. Summit Royalties's Asset Turnover for the quarter that ended in Mar. 2026 was 0.08.

Summit Royalties  (OTCPK:SUMMF) Total Assets Explanation

Total Assets is connected with ROA %.

Summit Royalties's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=7.632/( (44.073+46.653)/ 2 )
=7.632/45.363
=16.82 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Summit Royalties's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=3.579/( (44.073+46.653)/ 2 )
=3.579/45.363
=0.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Summit Royalties Total Assets Related Terms

Summit Royalties Total Assets Historical Data

* Premium members only.

The historical data trend for Summit Royalties's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Summit Royalties Total Assets Chart

Summit Royalties Annual Data
Trend Dec24 Dec25
Total Assets
0.00 44.07

Summit Royalties Quarterly Data
Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Total Assets Get a 7-Day Free Trial 0.00 0.00 30.22 44.07 46.65
SUMMF
19GF Score
Summit Royalties Ltd SUMMF
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Summit Royalties Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Summit Royalties's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=40.45+3.623
=44.07

Summit Royalties's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=42.699+3.954
=46.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $46.65 Mil mean?
Summit Royalties (SUMMF) has a Total Assets of $46.65 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Summit Royalties and its competitors.
Is Summit Royalties' Total Assets too high?
Summit Royalties' current Total Assets is $46.65 Mil. Overall, Summit Royalties has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Summit Royalties' Total Assets compare to HL?
Summit Royalties' Total Assets of $46.65 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Summit Royalties and its competitors. Summit Royalties's current Total Assets is $46.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Royalties stock overvalued right now?
Summit Royalties (SUMMF) has a current Total Assets of $46.65 Mil. The current Total Assets is $46.65 Mil. Summit Royalties' overall GF Score™ is 19/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Summit Royalties (SUMMF), the current Total Assets is $46.65 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Summit Royalties Business Description

Other Exchanges SUM:Canada
Address 100 King Street West, Suite 3400, One First Canadian Place, Toronto, ON, CAN, M5X 1A4
Summit Royalties Ltd is a precious metals royalty and streaming company. Its current portfolio is anchored by cash-flowing production, with additional royalties on development- and exploration-stage properties. The group intends to become the next mid-tier royalty and streaming company by executing actionable, accretive acquisitions that increase production and drive cash flow growth. The company manages its business under a single operating segment, which is the ownership and acquisition of precious metal royalty and mineral streaming interests. Geographically, the company operates in Africa; Canada, which derives maximum revenue; Columbia; and Brazil.
19GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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