Summit Networks Inc. financial data

Symbol
SNTW on OTC
Industry
Refuse Systems
Location
3010 8888 Odlin Cresent, Richmond, British Columbia, Canada
State of incorporation
Nevada
Fiscal year end
September 30
Latest financial report
10-Q - Q2 2024 - Aug 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 21.6 % +43.4%
Return On Equity 6.29 % -40.5%
Return On Assets -6.92 % +88.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 88.6M shares +32%
Common Stock, Shares, Outstanding 88.6M shares +32%
Entity Public Float 7.34M USD +106%
Common Stock, Value, Issued 88.7K USD +32%
Weighted Average Number of Shares Outstanding, Basic 88.6M shares +32%
Weighted Average Number of Shares Outstanding, Diluted 88.6M shares +32%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 73.9K USD
Cost of Revenue 45.7K USD
General and Administrative Expense 272K USD +267%
Operating Income (Loss) -244K USD -229%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -90.8K USD -95.3%
Net Income (Loss) Attributable to Parent -56.1K USD +21%
Earnings Per Share, Basic 0 USD/shares
Earnings Per Share, Diluted 0 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 104K USD -0.75%
Inventory, Net 6.05K USD
Assets, Current 129K USD +20.6%
Property, Plant and Equipment, Net 37.5K USD
Goodwill 2.64M USD
Assets 2.8M USD +2417%
Liabilities, Current 719K USD -9.89%
Retained Earnings (Accumulated Deficit) -1.4M USD -4.18%
Stockholders' Equity Attributable to Parent -2.08M USD -203%
Liabilities and Equity 2.8M USD +2417%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -47.8K USD -1349%
Net Cash Provided by (Used in) Financing Activities 200K USD
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 88.6M shares +32%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 104K USD -0.75%
Deferred Tax Assets, Valuation Allowance 255K USD +9.78%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Depreciation 0 USD
Property, Plant and Equipment, Gross 179K USD +3136%
Deferred Tax Assets, Operating Loss Carryforwards 255K USD +9.78%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Additional Paid in Capital 3.39M USD +476%
Preferred Stock, Shares Outstanding 0 shares
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%