Summit Networks reported total assets of $0.16M and total liabilities of $0.80M for the quarter ended Mar 2023, up 395.0% year over year. This balance sheet covers 33 quarters of results from Jul 2014 through Mar 2023, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Jul2014 | Oct2014 | Jan2015 | Apr2015 | Jul2015 | Oct2015 | Jan2016 | Apr2016 | Jul2016 | Oct2016 | Jan2017 | Apr2017 | Oct2017 | Jul2018 | Oct2018 | Jan2019 | Apr2019 | Jul2019 | Oct2019 | Jan2020 | Apr2020 | Jul2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||||
| Cash & EquivalentsCash & Equiv. | 0.02M | 0.00M | 553.00 | 0.30M | 0.29M | 0.19M | 0.11M | 0.10M | 0.08M | 0.06M | 0.03M | 0.02M | 0.01M | 0.21M | 0.15M | ||||||||||||||||||
| Short-term InvestmentsInvestments (Current) | 0.00M | ||||||||||||||||||||||||||||||||
| Cash & Current Investments | 0.02M | 0.00M | 553.00 | 0.30M | 0.29M | 0.19M | 0.11M | 0.10M | 0.08M | 0.06M | 0.03M | 0.02M | 0.01M | 0.21M | 0.15M | ||||||||||||||||||
| Receivables - OtherOther Receivables | 0.00M | 0.00M | 0.00M | 0.28M | 0.28M | 0.12M | 0.47M | ||||||||||||||||||||||||||
| Prepaid Assets | 0.00M | 0.01M | 0.01M | 0.02M | 0.02M | ||||||||||||||||||||||||||||
| Current Assets | 553.00 | 0.00M | 0.31M | 0.30M | 0.13M | 0.12M | 0.08M | 0.06M | 0.03M | 0.02M | 0.01M | 0.21M | 0.15M | ||||||||||||||||||||
| Non-Current Assets | |||||||||||||||||||||||||||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 0.01M | 0.00M | |||||||||||||||||||||||||||||||
| Long-Term Investments | 0.00M | ||||||||||||||||||||||||||||||||
| Long-Term Deferred Tax | |||||||||||||||||||||||||||||||||
| Other Non-Current Assets | |||||||||||||||||||||||||||||||||
| Non-Current Assets | 0.01M | 0.00M | 0.00M | 0.00M | 0.00M | 528.00 | 0.00M | ||||||||||||||||||||||||||
| Assets | 0.03M | 553.00 | 0.00M | 0.31M | 0.30M | 0.13M | 0.12M | 0.08M | 0.06M | 0.03M | 0.02M | 0.01M | 0.21M | 0.16M | |||||||||||||||||||
| Liabilities | |||||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||||
| Accounts Payables | 0.02M | 0.03M | 0.05M | 0.05M | 645.00 | 0.01M | 0.01M | 0.03M | 0.08M | 0.14M | 0.19M | 0.21M | 0.22M | 0.18M | 0.19M | 0.20M | |||||||||||||||||
| Notes Payables | 0.02M | 0.05M | 0.07M | 0.08M | 0.17M | 0.52M | 0.52M | 0.70M | 0.70M | 0.58M | 0.58M | 0.58M | 0.58M | 0.58M | 0.58M | ||||||||||||||||||
| Payables | 0.04M | 0.09M | 0.11M | 0.12M | 0.17M | 0.53M | 0.53M | 0.73M | 0.78M | 0.72M | 0.77M | 0.79M | 0.80M | 0.76M | 0.77M | 0.20M | |||||||||||||||||
| Accumulated Expenses | |||||||||||||||||||||||||||||||||
| Short term Debt | 0.00M | 0.01M | 0.02M | 0.02M | 0.03M | 0.03M | 0.02M | 0.02M | |||||||||||||||||||||||||
| Current Taxes | |||||||||||||||||||||||||||||||||
| Total Current Liabilities | 0.09M | 0.17M | 0.53M | 0.53M | 0.74M | 0.79M | 0.74M | 0.79M | 0.82M | 0.83M | 0.77M | 0.80M | 0.80M | ||||||||||||||||||||
| Non-Current Liabilities | |||||||||||||||||||||||||||||||||
| Total Liabilities | 0.10M | -75.00M | -75.00M | -75.00M | 0.09M | 0.11M | 0.12M | 0.12M | 0.22M | 0.53M | 0.33M | 0.61M | 0.67M | 0.74M | 0.79M | 0.82M | 0.83M | 0.77M | 0.80M | 0.80M | |||||||||||||
| Shareholder's Equity | |||||||||||||||||||||||||||||||||
| Total Debt | 0.02M | 0.05M | 0.07M | 0.08M | 0.17M | 0.52M | 0.52M | 0.70M | 0.71M | 0.59M | 0.60M | 0.61M | 0.61M | 0.59M | 0.60M | ||||||||||||||||||
| Common Equity | -0.06M | 75.00M | 75.00M | 75.00M | -0.09M | -0.11M | -0.12M | -0.17M | -0.22M | -0.23M | -0.33M | -0.60M | -0.67M | -0.65M | -0.73M | -0.78M | -0.82M | -0.76M | -0.59M | -0.64M | |||||||||||||
| Liabilities and Shareholders Equity | 0.03M | 553.00 | 0.00M | 0.31M | 0.30M | 0.13M | 0.12M | 0.08M | 0.06M | 0.03M | 0.02M | 0.01M | 0.21M | 0.16M | |||||||||||||||||||
| Retained Earnings | -0.14M | -0.51M | -0.54M | -0.55M | -0.59M | -0.64M | -0.66M | -1.05M | -1.12M | -1.11M | -1.19M | -1.24M | -1.27M | -1.22M | -1.25M | -1.30M |