Summit Cash And Short Term Investments from 2010 to 2024

SMMT Stock  USD 24.56  1.66  6.33%   
Summit Therapeutics Cash And Short Term Investments yearly trend continues to be comparatively stable with very little volatility. Cash And Short Term Investments are likely to outpace its year average in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2004-06-30
Previous Quarter
156.7 M
Current Value
325.8 M
Quarterly Volatility
73.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Summit Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Interest Expense of 17.3 M or Selling General Administrative of 24.9 M, as well as many indicators such as Price To Sales Ratio of 1.3 K, Dividend Yield of 0.0 or PTB Ratio of 19.78. Summit financial statements analysis is a perfect complement when working with Summit Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Summit Therapeutics Correlation against competitors.

Latest Summit Therapeutics' Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Summit Therapeutics PLC over the last few years. Short Term Investments is an account in the current assets section of Summit Therapeutics PLC balance sheet. This account contains Summit Therapeutics investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Summit Therapeutics PLC fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Summit Therapeutics' Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Summit Cash And Short Term Investments Regression Statistics

Arithmetic Mean72,252,804
Geometric Mean23,842,944
Coefficient Of Variation135.40
Mean Deviation68,485,958
Median35,076,184
Standard Deviation97,828,164
Sample Variance9570.3T
Range348.5M
R-Value0.77
Mean Square Error4273.5T
R-Squared0.59
Significance0.0009
Slope16,736,396
Total Sum of Squares133984.9T

Summit Cash And Short Term Investments History

2024195.6 M
2023186.2 M
2022348.6 M
202171.8 M
202066.4 M
201964.1 M
201835.2 M

About Summit Therapeutics Financial Statements

Summit Therapeutics shareholders use historical fundamental indicators, such as Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Summit Therapeutics investors may analyze each financial statement separately, they are all interrelated. The changes in Summit Therapeutics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Summit Therapeutics' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash And Short Term Investments186.2 M195.6 M

Thematic Opportunities

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Additional Tools for Summit Stock Analysis

When running Summit Therapeutics' price analysis, check to measure Summit Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Therapeutics is operating at the current time. Most of Summit Therapeutics' value examination focuses on studying past and present price action to predict the probability of Summit Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Therapeutics' price. Additionally, you may evaluate how the addition of Summit Therapeutics to your portfolios can decrease your overall portfolio volatility.