Summit Materials (LTS:0LAI) Total Liabilities : $3,981 Mil (As of Sep. 2024)

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What is Summit Materials Total Liabilities?

Summit Materials's Total Liabilities for the quarter that ended in Sep. 2024 was $3,981 Mil.

Summit Materials's quarterly Total Liabilities increased from Mar. 2024 ($3,911.26 Mil) to Jun. 2024 ($3,981.25 Mil) but then declined from Jun. 2024 ($3,981.25 Mil) to Sep. 2024 ($3,980.56 Mil).

Summit Materials's annual Total Liabilities declined from Dec. 2021 ($2,415.91 Mil) to Dec. 2022 ($2,243.70 Mil) but then increased from Dec. 2022 ($2,243.70 Mil) to Dec. 2023 ($2,833.00 Mil).

Summit Materials Total Liabilities Historical Data

The historical data trend for Summit Materials's Total Liabilities 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.

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Summit Materials Total Liabilities Chart

Summit Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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2,622.78

2,691.74

2,415.91

2,243.70

2,833.00

Summit Materials Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Liabilities	Get a 7-Day Free Trial															2,057.23	2,833.00	3,911.26	3,981.25	3,980.56

Summit Materials Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Summit Materials's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	322.965	+	(2316.869	+	193.168
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	2,833

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	5149.582	-	2316.58
	=	2,833

Summit Materials's Total Liabilities for the quarter that ended in Sep. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	552.831	+	(2852.205	+	369.356
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	206.168	+	0)
	=	3,981

Total Liabilities	=	Total Assets (Q: Sep. 2024 )	-	Total Equity (Q: Sep. 2024 )
	=	8427.186	-	4446.626
	=	3,981

Summit Materials Total Liabilities Related Terms

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Summit Materials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Summit Materials Inc (LTS:0LAI) » Definitions » Total Liabilities

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SUM:USA

Address

1801 California Street, Suite 3500, Denver, CO, USA, 80202

Website

https://www.summit-materials.com

Summit Materials Inc is engaged in the production and sale of aggregates, cement, ready-mix concrete, asphalt paving mix and concrete products and owns and operates quarries, sand and gravel pits, two cement plants, cement distribution terminals, ready-mix concrete plants, asphalt plants and landfill sites. It is also engaged in paving and related services. The Company's three operating and reporting segments are the West, East and Cement segments. It operates in 21 U.S. states and in British Columbia, Canada and has assets in 21 U.S. states and in British Columbia, Canada through its platform.

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