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SUMMIT NETWORKS INC.: 10-Q filed 2018-03-20

What SUMMIT NETWORKS INC. reported in its quarterly report filed 2018-03-20 (fiscal Q2 2018): 31 published measures, 86 facts as tagged in accession 0001091818-18-000048.

This filing

Form
10-Q (quarterly report)
Filed
2018-03-20
Fiscal period
fiscal Q2 2018
Accession
0001091818-18-000048 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All SUMMIT NETWORKS INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2018-01-3113,032USD
At 2017-07-3113,768USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2018-01-3167,564USD
At 2017-07-3111,217USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2018-01-31-54,532USD
At 2017-07-312,551USD
At 2016-07-3116,741USD
At 2015-07-3126,188USD
At 2014-07-319,090USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2017-01-31162USD
At 2016-07-31859USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2017-11-01 to 2018-01-31-11,131USD92
2017-08-01 to 2018-01-31-64,583USD184
2014-07-08 to 2018-01-31-106,032USD1304
2016-11-01 to 2017-01-31-450USD92
2016-08-01 to 2017-01-31-2,973USD184

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2017-08-01 to 2018-01-31-10,118USD184
2014-07-08 to 2018-01-31-36,825USD1304
2016-08-01 to 2017-01-31-697USD184

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2014-07-08 to 2018-01-3117,750USD1304

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2017-08-01 to 2018-01-3110,118USD184
2014-07-08 to 2018-01-3154,575USD1304

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2014-07-08 to 2018-01-31-17,750USD1304

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2018-01-31-106,032USD
At 2017-07-31-41,449USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2017-11-01 to 2018-01-315,176,630shares92
2017-08-01 to 2018-01-315,088,315shares184
2016-11-01 to 2017-01-315,000,000shares92
2016-08-01 to 2017-01-315,000,000shares184

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2017-11-01 to 2018-01-315,176,630shares92
2017-08-01 to 2018-01-315,088,315shares184
2016-11-01 to 2017-01-315,000,000shares92
2016-08-01 to 2017-01-315,000,000shares184

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2017-11-01 to 2018-01-310USD/shares92
2017-08-01 to 2018-01-31-0.01USD/shares184
2016-11-01 to 2017-01-310USD/shares92
2016-08-01 to 2017-01-310USD/shares184

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2017-11-01 to 2018-01-310USD/shares92
2017-08-01 to 2018-01-31-0.01USD/shares184
2016-11-01 to 2017-01-310USD/shares92
2016-08-01 to 2017-01-310USD/shares184

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2014-07-08 to 2018-01-31-1,478USD1304

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2018-01-3111,970USD
At 2017-07-3112,768USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2017-11-01 to 2018-01-31-11,131USD92
2017-08-01 to 2018-01-31-64,583USD184
2014-07-08 to 2018-01-31-107,510USD1304
2016-08-01 to 2017-07-31-14,190USD365
2016-11-01 to 2017-01-31-450USD92
2016-08-01 to 2017-01-31-2,973USD184
2015-08-01 to 2016-07-31-9,447USD366
2014-08-01 to 2015-07-31-22,902USD365
2014-07-08 to 2014-07-315,090USD24

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2018-01-3162USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2018-01-3167,564USD
At 2017-07-3111,217USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2018-01-3143,822USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2014-07-08 to 2018-01-3160,653USD1304
2016-11-01 to 2017-01-313,912USD92
2016-08-01 to 2017-01-315,266USD184

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2017-11-01 to 2018-01-3111,131USD92
2017-08-01 to 2018-01-3164,583USD184
2014-07-08 to 2018-01-31168,163USD1304
2016-11-01 to 2017-01-314,362USD92
2016-08-01 to 2017-01-318,239USD184

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2018-01-315,250,000shares
At 2017-07-315,000,000shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2018-01-3146,250USD
At 2017-07-3139,000USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2018-01-319,907USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2018-01-3116,090USD
At 2017-07-314,825USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2017-11-01 to 2018-01-31-11,131USD92
2017-08-01 to 2018-01-31-64,583USD184
2014-07-08 to 2018-01-31-107,510USD1304
2016-11-01 to 2017-01-31-450USD92
2016-08-01 to 2017-01-31-2,973USD184

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2017-08-01 to 2018-01-31798USD184
2014-07-08 to 2018-01-315,780USD1304
2016-08-01 to 2017-01-31798USD184

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2014-07-08 to 2018-01-31-1,478USD1304
2016-08-01 to 2017-01-311,478USD184

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2017-08-01 to 2018-01-317,500USD184
2014-07-08 to 2018-01-3151,500USD1304

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2017-08-01 to 2018-01-3143,822USD184
2014-07-08 to 2018-01-3156,060USD1304

Inspect the source

Entity
SUMMIT NETWORKS INC. / CIK 0001619096
Captured
2026-09-21T17:21:42.503Z
SEC response SHA-256
01faaba20898ebe6101a24e8e83dd4b011df89a56a9a231d05ea2d01ad3b0ab2

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001619096.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))