Summit Networks (Summit Networks) Total Stockholders Equity : $-0.45 Mil (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Summit Networks Total Stockholders Equity?

Summit Networks's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-0.45 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Summit Networks's Book Value per Share for the quarter that ended in Mar. 2024 was $-0.01. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Summit Networks's Debt-to-Equity for the quarter that ended in Mar. 2024 was 0.00.

Summit Networks Total Stockholders Equity Historical Data

The historical data trend for Summit Networks's Total Stockholders Equity 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.

* Premium members only.

Summit Networks Total Stockholders Equity Chart

Summit Networks Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Sep21

Sep22

Sep23

Total Stockholders Equity

Get a 7-Day Free Trial

-0.09

-0.22

-0.65

-0.76

-0.54

Summit Networks Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Stockholders Equity	Get a 7-Day Free Trial															-0.64	-0.69	-0.54	-0.49	-0.45

Summit Networks (OTCPK:SNTW) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Summit Networks's Book Value per Share for the quarter that ended in Mar. 2024 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(-0.452	-	0)	/	68.4317
	=	-0.01

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Summit Networks's Debt-to-Equity for the quarter that ended in Mar. 2024 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	-0.452
	=	0.00

Summit Networks Total Stockholders Equity Related Terms

Thank you for viewing the detailed overview of Summit Networks's Total Stockholders Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Summit Networks (Summit Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Summit Networks Inc (OTCPK:SNTW) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3010-8888 Odlin Cresent, Richmond, BC, CAN, V6X 3Z8

Website

https://www.sumnets.com

Summit Networks Inc was engaged in the development and operation of a business engaged in the distribution of glass craft products produced in China. It is looking for new business opportunities. Currently, The company is in the early stage of development of Its new business plan which involves acting as an international agent through Their wholly-owned subsidiaries, Smith Barney, Green Energy, and Beijing ALW.

Executives

Chi Ming Tso	10 percent owner	3A, KINGSWELL COMMERCIAL TOWER,, 171-173 LOCKHART RD., WANCHAI, HONG KONG K3 HKG
Keun Harry Cheung	10 percent owner	ROOM 1006, 10/F TIAN GARDEN, LIN HE EAST, GUANGDONG F4 00000
Hang Dennis Cheung	10 percent owner	FLAT H, 5/F, BLOCK 2, WHAMPOA GARDEN, BAUHINIA MANSIONS, KOWLOON K3 00000
Yee Man Cheung	10 percent owner	RM 1709, NORTH TOWER, ZHONGZHOU CENTRE, 1068 EAST XINGANG AVENUE,HAIZHU DISTRICT, GUANGDONG PROVINCE F4 00000
Qiuli Chen	director	1709 NORTH TOWER ZHONGZHOU CENTRE, 1068 EAST ROAD HAIZU DISTRICT, GUANGZHOU, GUANGDONG F4 00000
Riggs Cheung	director, officer: President	41 BOBOLINK LANE, LEVITTOWN NY 11756

Summit Networks (Summit Networks) Headlines

From GuruFocus

Summit Networks Announces the Completion of Reverse Merger

By Marketwired Marketwired • 02-02-2021

Summit Networks Announces Fiscal 2021 First Quarter Results

By Marketwired Marketwired • 02-17-2021