Summit Financial Group Inc
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Penke I guess you are interested in Summit Financial Group Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Summit Financial Group Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Summit Financial Group Inc (30 sec.)

What can you expect buying and holding a share of Summit Financial Group Inc? (30 sec.)

How much money do you get?

$0.87

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$29.91

Expected worth in 1 year

$35.67

How sure are you?

97.5%

+ What do you gain per year?

Total Gains per Share

$6.64

Return On Investment

24.2%

For what price can you sell your share?

Current Price per Share

$27.41

Expected price per share

$25.01 - $29.78

How sure are you?

50%

1. Valuation of Summit Financial Group Inc (5 min.)

Live pricePrice per Share (EOD)

$27.41

Book Value per Share

$29.91

Intrinsic Value Per Share

$21.34 - $48.05

Total Value Per Share

$51.25 - $77.95

My calculation of the intrinsic value of Summit Financial Group Inc is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($0.64) 3Y: ($1.08) TTM: ($1.13)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($0.02) 3Y: ($0.00) TTM: ($0.00)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$2.51	$4.40	$2.62 - $4.57
2	$4.93	$8.91	$2.68 - $4.83
3	$7.26	$13.53	$2.74 - $5.09
4	$9.51	$18.24	$2.80 - $5.34
5	$11.68	$23.04	$2.86 - $5.60
6	$13.76	$27.92	$2.92 - $5.86
7	$15.77	$32.87	$2.97 - $6.11
8	$17.70	$37.88	$3.03 - $6.37
9	$19.56	$42.94	$3.09 - $6.63
10	$21.34	$48.05	$3.15 - $6.88

2. Growth of Summit Financial Group Inc (5 min.)

Is Summit Financial Group Inc growing?

	Current year	Previous year	Grow	Grow %
How rich?	$440.2m	$340.1m	$69.7m	17.0%

How much money is Summit Financial Group Inc making?

	Current year	Previous year	Grow	Grow %
Making money	$13.8m	$13.1m	$618.2k	4.5%
Net Profit Margin	28.6%	36.5%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Summit Financial Group Inc (5 min.)

4. Comparing to competitors in the Banks - Regional industry (5 min.)

Industry Rankings (Banks - Regional)

What can you expect buying and holding a share of Summit Financial Group Inc? (5 min.)

Welcome investor! Summit Financial Group Inc's management wants to use your money to grow the business. In return you get a share of Summit Financial Group Inc.

What can you expect buying and holding a share of Summit Financial Group Inc?

First you should know what it really means to hold a share of Summit Financial Group Inc. And how you can make/lose money.

Speculation

The Price per Share of Summit Financial Group Inc is $27.41. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Summit Financial Group Inc.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Summit Financial Group Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $29.91. Based on the TTM, the Book Value Change Per Share is $1.44 per quarter. Based on the YOY, the Book Value Change Per Share is $0.46 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.22 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Summit Financial Group Inc.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	1.13	4.1%	0.93	3.4%	0.89	3.2%	0.73	2.7%	0.51	1.9%
Usd Book Value Change Per Share	1.61	5.9%	1.44	5.3%	0.46	1.7%	0.75	2.7%	0.56	2.0%
Usd Dividend Per Share	0.23	0.9%	0.22	0.8%	0.18	0.7%	0.17	0.6%	0.12	0.4%
Usd Total Gains Per Share	1.84	6.7%	1.66	6.1%	0.64	2.3%	0.91	3.3%	0.68	2.5%
Usd Price Per Share	30.69	-	23.66	-	26.30	-	24.05	-	21.01	-
Price to Earnings Ratio	6.80	-	6.72	-	7.49	-	8.91	-	10.57	-
Price-to-Total Gains Ratio	16.68	-	22.98	-	49.41	-	37.57	-	33.00	-
Price to Book Ratio	1.03	-	0.85	-	1.14	-	1.16	-	1.38	-
Price-to-Total Gains Ratio	16.68	-	22.98	-	49.41	-	37.57	-	33.00	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	27.41
Number of shares	36

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.22	0.17
Usd Book Value Change Per Share	1.44	0.75
Usd Total Gains Per Share	1.66	0.91
Gains per Quarter (36 shares)	59.73	32.92
Gains per Year (36 shares)	238.94	131.66

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	31	207	229	24	108	122
2	63	415	468	48	215	254
3	94	622	707	72	323	386
4	126	830	946	96	430	518
5	157	1037	1185	121	538	650
6	189	1245	1424	145	645	782
7	220	1452	1663	169	753	914
8	252	1660	1902	193	860	1046
9	283	1867	2141	217	968	1178
10	315	2075	2380	241	1075	1310

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	39.0	1.0	0.0	97.5%	107.0	7.0	0.0	93.9%
Book Value Change Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	39.0	1.0	0.0	97.5%	93.0	20.0	1.0	81.6%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	95.0	0.0	19.0	83.3%
Total Gains per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	39.0	1.0	0.0	97.5%	97.0	16.0	1.0	85.1%

Fundamentals of Summit Financial Group Inc

About Summit Financial Group Inc

https://www.summitfgi.com
Banks - Regional
496
300 North Main Street, Moorefield, WV, United States, 26836
Google Maps Bing Maps

Summit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, Inc. that provides community banking and other financial services to individuals and businesses primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, Shenandoah Valley, and Southwestern regions of Virginia, and the Central region of Kentucky. Its community banking services include demand, savings, and time deposits; commercial, commercial real estate, construction and land development, residential real estate, and consumer loans; and mortgage warehouse lines of credit, as well as trust and wealth management, cash management, and insurance services. Summit Financial Group, Inc. was incorporated in 1987 and is headquartered in Moorefield, West Virginia.

Fundamental data was last updated by Penke on 2024-04-09 08:54:05.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating very efficient.

Liquidity Details

	Compared to previous year	Compared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Summit Financial Group Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Summit Financial Group Inc earns for each $1 of revenue.

Above 10% is considered healthy but always compare Summit Financial Group Inc to the Banks - Regional industry mean.
A Net Profit Margin of 23.0% means that $0.23 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Summit Financial Group Inc:

The MRQ is 23.0%. The company is making a huge profit. +2
The TTM is 28.6%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	23.0%	TTM	28.6%	-5.6%
TTM	28.6%	YOY	36.5%	-7.9%
TTM	28.6%	5Y	32.4%	-3.8%
5Y	32.4%	10Y	28.5%	+3.9%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	23.0%	18.4%	+4.6%
TTM	28.6%	28.0%	+0.6%
YOY	36.5%	25.2%	+11.3%
5Y	32.4%	22.8%	+9.6%
10Y	28.5%	19.8%	+8.7%

Measures how much net profit Summit Financial Group Inc earns for each $1 of revenue.

Revenue is the amount of profit Summit Financial Group Inc generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Summit Financial Group Inc earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Summit Financial Group Inc to the Banks - Regional industry mean.
Can be used to compare companies within the Banks - Regional industry.

You typically want a high profit margin. This means that for each $1 in sales, Summit Financial Group Inc makes more profit. This shows the investor how efficiently Summit Financial Group Inc is operating in general and compared to other companies in the same industry. Summit Financial Group Inc operates in the Banks - Regional industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Summit Financial Group Inc. If profit margins remain low (compared to the Banks - Regional industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Summit Financial Group Inc is 0.23. This means that Summit Financial Group Inc earned $0.23 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Banks - Regional industry is 18.4%.
What is the trend?
The trend is important because it shows you how Summit Financial Group Inc is performing over time. The most recent quarter might be important if Summit Financial Group Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Summit Financial Group Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Summit Financial Group Inc with other companies in the same industry (Banks - Regional).
Net profit margin should rise over the years.
Can be influenced when Summit Financial Group Inc sells assets (profit will increase while costs remain the same).
It won’t show what part of Summit Financial Group Inc is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Summit Financial Group Inc

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Summit Financial Group Inc = 16,597
Total revenue MRQ Summit Financial Group Inc = 72,301
$16,597 / $72,301 = 0.23 or 23.0%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Summit Financial Group Inc is using its assets to generate profit.

Above 5% is considered healthy but always compare Summit Financial Group Inc to the Banks - Regional industry mean.
0.4% Return on Assets means that Summit Financial Group Inc generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Summit Financial Group Inc:

The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
The TTM is 0.3%. Using its assets, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	0.4%	TTM	0.3%	+0.0%
TTM	0.3%	YOY	0.3%	0.0%
TTM	0.3%	5Y	0.3%	0.0%
5Y	0.3%	10Y	0.3%	+0.0%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.4%	0.1%	+0.3%
TTM	0.3%	0.2%	+0.1%
YOY	0.3%	0.2%	+0.1%
5Y	0.3%	0.2%	+0.1%
10Y	0.3%	0.2%	+0.1%

Shows how efficient Summit Financial Group Inc is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Summit Financial Group Inc to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Summit Financial Group Inc is using its resources to generate profit. If the return on assets (0.4%) from Summit Financial Group Inc are higher than the Banks - Regional mean (0.1%) that means Summit Financial Group Inc is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Summit Financial Group Inc is 0.4%. This means the company generated $0.00 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Banks - Regional industry is 0.1%.
What is the trend?
The trend is important because it shows you how Summit Financial Group Inc is performing over time. The most recent quarter might be important if Summit Financial Group Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Summit Financial Group Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Summit Financial Group Inc

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Summit Financial Group Inc = 16,597
Total assets MRQ (balance sheet) from Summit Financial Group Inc = 4,634,322
16,597 / 4,634,322 = 0.00 or 0.4%

ROA is an important ratio as it will tell you how effectively Summit Financial Group Inc is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Summit Financial Group Inc is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Summit Financial Group Inc to the Banks - Regional industry mean.
3.8% Return on Equity means Summit Financial Group Inc generated $0.04 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Summit Financial Group Inc:

The MRQ is 3.8%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 3.4%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	3.8%	TTM	3.4%	+0.4%
TTM	3.4%	YOY	3.9%	-0.5%
TTM	3.4%	5Y	3.4%	0.0%
5Y	3.4%	10Y	3.0%	+0.4%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	3.8%	1.4%	+2.4%
TTM	3.4%	2.5%	+0.9%
YOY	3.9%	2.7%	+1.2%
5Y	3.4%	2.5%	+0.9%
10Y	3.0%	2.8%	+0.2%

Shows how efficient Summit Financial Group Inc is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Summit Financial Group Inc to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Banks - Regional industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Summit Financial Group Inc is 3.8%. This means Summit Financial Group Inc generated $0.04 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Banks - Regional industry is 1.4%.
What is the trend?
The trend is important because it shows you how Summit Financial Group Inc is performing over time. The most recent quarter might be important if Summit Financial Group Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Summit Financial Group Inc up to 10 years back (depending if Summit Financial Group Inc existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Summit Financial Group Inc

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Summit Financial Group Inc = 16,597
Shareholders equity (balance sheet) MRQ Summit Financial Group Inc = 440,208
16,597 / 440,208 = 0.04 or 3.8%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Summit Financial Group Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Summit Financial Group Inc is operating .

Measures how much profit Summit Financial Group Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Summit Financial Group Inc to the Banks - Regional industry mean.
An Operating Margin of 0.0% means the company generated $0.00 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Summit Financial Group Inc:

The MRQ is 0.0%. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	39.8%	-39.8%
TTM	39.8%	YOY	68.0%	-28.2%
TTM	39.8%	5Y	59.2%	-19.4%
5Y	59.2%	10Y	60.6%	-1.4%

Measures how efficient Summit Financial Group Inc is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Summit Financial Group Inc to the Banks - Regional industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Summit Financial Group Inc is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Summit Financial Group Inc is 0.0%. This means that Summit Financial Group Inc earned $0.00 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Summit Financial Group Inc is performing over time. The most recent quarter might be important if Summit Financial Group Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Summit Financial Group Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Summit Financial Group Inc

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Summit Financial Group Inc = 0
Total revenue MRQ Summit Financial Group Inc = 72,301
$0 / $72,301 = 0.00 or 0.0%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Summit Financial Group Inc is keeping operating costs low.

Below 1 is considered healthy (always compare to Banks - Regional industry mean).
An Operation Ratio of 0.11 means that the operating costs are $0.11 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Summit Financial Group Inc:

The MRQ is 0.108. The company is very efficient in keeping operating costs low. +2
The TTM is -0.265.

Trends

Current period		Compared to		+/-
MRQ	0.108	TTM	-0.265	+0.373
TTM	-0.265	YOY	-0.057	-0.208
TTM	-0.265	5Y	-0.049	-0.216
5Y	-0.049	10Y	0.111	-0.160

Measures how efficient Summit Financial Group Inc is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Summit Financial Group Inc to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Summit Financial Group Inc is 10.8%. This means that Summit Financial Group Inc earned $0.11 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Summit Financial Group Inc is performing over time. The most recent quarter might be important if Summit Financial Group Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Summit Financial Group Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Summit Financial Group Inc

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(0 +7,782) \ 72,301 = 0.11

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Summit Financial Group Inc.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Summit Financial Group Inc is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
A Current Ratio of 0.02 means the company has $0.02 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Summit Financial Group Inc:

The MRQ is 0.022. The company is unable to pay all its short-term debts. -2
The TTM is 2.075. The company is able to pay all its short-term debts. +1

Trends

Current period		Compared to		+/-
MRQ	0.022	TTM	2.075	-2.053
TTM	2.075	YOY	2.088	-0.013
TTM	2.075	5Y	2.073	+0.002
5Y	2.073	10Y	1.795	+0.278

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
TTM	2.075	0.124	+1.951
YOY	2.088	0.225	+1.863
5Y	2.073	0.219	+1.854
10Y	1.795	0.131	+1.664

Measures if Summit Financial Group Inc is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Summit Financial Group Inc if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Summit Financial Group Inc is 0.02. This means Summit Financial Group Inc has $0.02 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Summit Financial Group Inc is performing over time. The most recent quarter might be important if Summit Financial Group Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Summit Financial Group Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Summit Financial Group Inc

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
75,965 \ 3,466,778) = 0.02

The current ratio measures if Summit Financial Group Inc is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Summit Financial Group Inc is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Summit Financial Group Inc does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Summit Financial Group Inc is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Summit Financial Group Inc is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Summit Financial Group Inc to the Banks - Regional industry mean.
A Quick Ratio of 0.14 means the company can pay off $0.14 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Summit Financial Group Inc:

The MRQ is 0.144. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 3.991. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.144	TTM	3.991	-3.846
TTM	3.991	YOY	3.873	+0.118
TTM	3.991	5Y	4.584	-0.593
5Y	4.584	10Y	4.215	+0.369

Measures if Summit Financial Group Inc is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Summit Financial Group Inc to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Summit Financial Group Inc can pay off its short term debts. This shows if Summit Financial Group Inc can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Summit Financial Group Inc is 0.14. This means that Summit Financial Group Inc can pay off $0.14 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Summit Financial Group Inc is performing over time. The most recent quarter might be important if Summit Financial Group Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Summit Financial Group Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Summit Financial Group Inc

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Summit Financial Group Inc: (-21,834 + 502,762 +20,004) / 3,466,778 = 0.14

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Summit Financial Group Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Summit Financial Group Inc assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Summit Financial Group Inc to Banks - Regional industry mean.
A Debt to Asset Ratio of 0.91 means that Summit Financial Group Inc assets are financed with 90.5% credit (debt) and the remaining percentage (100% - 90.5%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Summit Financial Group Inc:

The MRQ is 0.905. The company is just able to pay all its debts by selling its assets.
The TTM is 0.908. The company is just able to pay all its debts by selling its assets.

Trends

Current period		Compared to		+/-
MRQ	0.905	TTM	0.908	-0.003
TTM	0.908	YOY	0.911	-0.003
TTM	0.908	5Y	0.906	+0.002
5Y	0.906	10Y	0.906	-0.001

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.905	0.915	-0.010
TTM	0.908	0.917	-0.009
YOY	0.911	0.919	-0.008
5Y	0.906	0.919	-0.013
10Y	0.906	0.927	-0.021

Measures how much % of Summit Financial Group Inc assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Summit Financial Group Inc than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Summit Financial Group Inc to Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Summit Financial Group Inc is 0.91. This means means that Summit Financial Group Inc is financed with 90.5% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Summit Financial Group Inc is performing over time. The most recent quarter might be important if Summit Financial Group Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Summit Financial Group Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Summit Financial Group Inc has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Summit Financial Group Inc

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
4,194,114 \ 4,634,322 = 90.5% or 0.91.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Summit Financial Group Inc is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Summit Financial Group Inc to the Banks - Regional industry mean.
A Debt to Equity ratio of 952.8% means that company has $9.53 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Summit Financial Group Inc:

The MRQ is 9.528. The company is unable to pay all its debts with equity. -1
The TTM is 9.841. The company is unable to pay all its debts with equity. -1

Trends

Current period		Compared to		+/-
MRQ	9.528	TTM	9.841	-0.313
TTM	9.841	YOY	10.180	-0.339
TTM	9.841	5Y	9.626	+0.215
5Y	9.626	10Y	9.720	-0.094

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	9.528	10.829	-1.301
TTM	9.841	11.013	-1.172
YOY	10.180	11.363	-1.183
5Y	9.626	11.437	-1.811
10Y	9.720	13.038	-3.318

Measures if Summit Financial Group Inc is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Summit Financial Group Inc is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Summit Financial Group Inc is 9.53. This means that Summit Financial Group Inc can pay off $9.53 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 10.83.
What is the trend?
The trend is important because it shows you how Summit Financial Group Inc is performing over time. The most recent quarter might be important if Summit Financial Group Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Summit Financial Group Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Summit Financial Group Inc

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
4,194,114 \ 440,208 = 9.53 or 952.8%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Summit Financial Group Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Summit Financial Group Inc generates.

Above 15 is considered overpriced but always compare Summit Financial Group Inc to the Banks - Regional industry mean.
A PE ratio of 6.80 means the investor is paying $6.80 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Summit Financial Group Inc:

The EOD is 6.077. Based on the earnings, the company is cheap. +2
The MRQ is 6.804. Based on the earnings, the company is cheap. +2
The TTM is 6.721. Based on the earnings, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	6.077	MRQ	6.804	-0.727
MRQ	6.804	TTM	6.721	+0.084
TTM	6.721	YOY	7.489	-0.768
TTM	6.721	5Y	8.914	-2.193
5Y	8.914	10Y	10.573	-1.659

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	6.077	7.548	-1.471
MRQ	6.804	6.680	+0.124
TTM	6.721	5.295	+1.426
YOY	7.489	6.943	+0.546
5Y	8.914	9.770	-0.856
10Y	10.573	9.943	+0.630

Measures how much money you pay for each share for every $1 in earnings Summit Financial Group Inc generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Summit Financial Group Inc to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Summit Financial Group Inc is 6.80. This means the investor is paying $6.80 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 6.68.
What is the trend?
The trend is important because it shows you how Summit Financial Group Inc is performing over time. The most recent quarter might be important if Summit Financial Group Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Summit Financial Group Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Summit Financial Group Inc

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 14,719 = EPS
PE ratio MRQ = 6.80

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Summit Financial Group Inc:

The EOD is 5.862. Based on how much money comes from the company's main activities, the company is cheap. +2
The MRQ is 6.563. Based on how much money comes from the company's main activities, the company is cheap. +2
The TTM is 5.307. Based on how much money comes from the company's main activities, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	5.862	MRQ	6.563	-0.701
MRQ	6.563	TTM	5.307	+1.256
TTM	5.307	YOY	5.927	-0.620
TTM	5.307	5Y	9.743	-4.436
5Y	9.743	10Y	9.677	+0.066

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	5.862	-2.110	+7.972
MRQ	6.563	-1.868	+8.431
TTM	5.307	-0.342	+5.649
YOY	5.927	6.448	-0.521
5Y	9.743	0.429	+9.314
10Y	9.677	0.091	+9.586

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Summit Financial Group Inc is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
A PB ratio of 1.03 means the investor is paying $1.03 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Summit Financial Group Inc:

The EOD is 0.916. Based on the equity, the company is cheap. +2
The MRQ is 1.026. Based on the equity, the company is underpriced. +1
The TTM is 0.846. Based on the equity, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	0.916	MRQ	1.026	-0.110
MRQ	1.026	TTM	0.846	+0.181
TTM	0.846	YOY	1.137	-0.291
TTM	0.846	5Y	1.160	-0.315
5Y	1.160	10Y	1.378	-0.218

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	0.916	0.436	+0.480
MRQ	1.026	0.386	+0.640
TTM	0.846	0.470	+0.376
YOY	1.137	0.642	+0.495
5Y	1.160	0.795	+0.365
10Y	1.378	1.025	+0.353

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Summit Financial Group Inc.

3.1. Institutions holding Summit Financial Group Inc

Institutions are holding 41.713% of the shares of Summit Financial Group Inc.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	BlackRock Inc	6.0025	0.0007	880859	115319	15.0637
2023-12-31	Dimensional Fund Advisors, Inc.	4.5203	0.0059	663348	288487	76.9584
2023-12-31	Vanguard Group Inc	3.8774	0.0004	569002	5515	0.9787
2023-12-31	Geode Capital Management, LLC	1.7031	0.0008	249931	10639	4.446
2023-12-31	State Street Corporation	1.48	0.0003	217182	7774	3.7124
2023-12-31	Summit Financial Group Inc	1.4274	2.4613	209463	-34762	-14.2336
2023-12-31	Renaissance Technologies Corp	1.156	0.0081	169635	-400	-0.2352
2023-12-31	EJF Capital LLC	1.0089	2.3756	148057	23668	19.0274
2023-12-31	Royce & Associates, LP	0.9781	0.0407	143531	35538	32.9077
2023-12-31	Northern Trust Corp	0.8151	0.0007	119612	4272	3.7038
2023-12-31	Bridgeway Capital Management, LLC	0.7988	0.0772	117223	4608	4.0918
2023-12-31	Skandinaviska Enskilda Banken AB	0.7726	0.0202	113373	113373	0
2023-12-31	American Century Companies Inc	0.6724	0.0021	98667	26901	37.4843
2023-12-31	Pinnacle Holdings, LLC	0.5891	1.0916	86453	1	0.0012
2023-12-31	Verdence Capital Advisors LLC	0.5878	0.2561	86260	0	0
2023-12-31	Bank of New York Mellon Corp	0.4886	0.0005	71700	25252	54.3662
2023-12-31	BOOTHBAY FUND MANAGEMENT, LLC	0.4179	0.048	61323	400	0.6566
2023-12-31	Axxcess Wealth Management, LLC	0.3601	0.0471	52849	1954	3.8393
2023-12-31	Empowered Funds, LLC	0.3524	0.0398	51708	4608	9.7834
2023-12-31	Fifth Third Bancorp	0.3093	0.0059	45382	0	0
Total		28.3178	6.483	4155558	+633147	+15.2%

3.2. Funds holding Summit Financial Group Inc

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	Vanguard Total Stock Mkt Idx Inv	2.074	0.0005	304535	0	0
2024-03-28	iShares Russell 2000 ETF	2.0497	0.0125	300978	144	0.0479
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	1.3302	0.0052	195328	-383	-0.1957
2024-02-29	DFA US Small Cap Value I	1.3009	0.0335	191023	1040	0.5474
2024-03-29	Avantis US Small Cap Value ETF	0.8274	0.0304	121490	0	0
2024-01-31	Fidelity Small Cap Index	0.7737	0.013	113613	1331	1.1854
2024-03-28	iShares Russell 2000 Value ETF	0.7408	0.0236	108775	-69	-0.0634
2023-12-31	Royce Capital Small-Cap Inv	0.6917	0.9981	101569	25092	32.8099
2024-02-29	DFA US Targeted Value I	0.6756	0.0207	99197	0	0
2024-02-29	Fidelity Extended Market Index	0.4581	0.0047	67266	-326	-0.4823
2023-12-31	Bridgeway Omni Small-Cap Value	0.4462	0.1566	65515	0	0
2023-12-31	Bridgeway Omni Small-Cap Value N	0.4462	0.1569	65515	0	0
2024-02-29	DFA US Micro Cap I	0.4454	0.0246	65399	0	0
2024-02-29	State St Russell Sm/Mid Cp® Indx NL Cl C	0.4228	0.004	62077	3300	5.6144
2024-02-29	DFA US Small Cap I	0.4193	0.0107	61574	416	0.6802
2024-02-29	Russell Inv Tax-Managed US Mid&Sm Cap S	0.4186	0.1033	61472	0	0
2024-03-28	EA Bridgeway Omni Small-Cap Value ETF	0.3807	0.1234	55908	0	0
2024-03-29	Dimensional US Targeted Value ETF	0.3422	0.0136	50244	0	0
2024-02-29	Vanguard Russell 2000 ETF	0.2792	0.0116	40990	3204	8.4793
2024-03-31	State St Russell Sm Cap® Indx SL Cl I	0.2686	0.011	39441	0	0
Total		14.7913	1.7579	2171909	+33749	+1.6%

3.3. Insider Transactions

Insiders are holding 12.088% of the shares of Summit Financial Group Inc.

Date	Owner	Type	Amount	Price
2024-03-19	James P Geary Ii	BUY	896	25.58
2023-09-14	Gary L Hinkle	BUY	3367	24.07
2023-09-12	Gary L Hinkle	BUY	124	24.17
2023-08-29	Jill S Upson	BUY	1850	24.81
2023-05-04	Scott C Jennings	BUY	1000	18.17
2023-05-02	Oscar M Bean	BUY	242	18.55
2023-05-01	Joseph Hager	BUY	3000	19.62

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Summit Financial Group Inc compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	1.605	1.441	+11%	0.461	+248%	0.747	+115%	0.559	+187%
Book Value Per Share	-	-	29.908	27.869	+7%	23.164	+29%	21.416	+40%	16.235	+84%
Current Ratio	-	-	0.022	2.075	-99%	2.088	-99%	2.073	-99%	1.795	-99%
Debt To Asset Ratio	-	-	0.905	0.908	0%	0.911	-1%	0.906	0%	0.906	0%
Debt To Equity Ratio	-	-	9.528	9.841	-3%	10.180	-6%	9.626	-1%	9.720	-2%
Dividend Per Share	-	-	0.235	0.218	+7%	0.180	+30%	0.167	+40%	0.118	+98%
Eps	-	-	1.128	0.931	+21%	0.891	+27%	0.733	+54%	0.510	+121%
Free Cash Flow Per Share	-	-	1.169	1.128	+4%	1.134	+3%	0.878	+33%	0.641	+82%
Free Cash Flow To Equity Per Share	-	-	1.326	2.658	-50%	6.295	-79%	3.726	-64%	2.443	-46%
Gross Profit Margin	-	-	0.974	0.979	0%	0.983	-1%	0.981	-1%	0.986	-1%
Intrinsic Value_10Y_max	-	-	48.046	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	21.342	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	4.395	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	2.508	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	13.526	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	7.261	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	23.042	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	11.676	-	-	-	-	-	-	-	-
Market Cap	402480217.000	-12%	451719665.100	347960468.950	+30%	386181310.000	+17%	353244468.540	+28%	308555278.770	+46%
Net Profit Margin	-	-	0.230	0.286	-20%	0.365	-37%	0.324	-29%	0.285	-19%
Operating Margin	-	-	-	0.398	-100%	0.680	-100%	0.592	-100%	0.606	-100%
Operating Ratio	-	-	0.108	-0.265	+346%	-0.057	+153%	-0.049	+146%	0.111	-3%
Pb Ratio	0.916	-12%	1.026	0.846	+21%	1.137	-10%	1.160	-12%	1.378	-26%
Pe Ratio	6.077	-12%	6.804	6.721	+1%	7.489	-9%	8.914	-24%	10.573	-36%
Price Per Share	27.410	-12%	30.690	23.660	+30%	26.300	+17%	24.050	+28%	21.010	+46%
Price To Free Cash Flow Ratio	5.862	-12%	6.563	5.307	+24%	5.927	+11%	9.743	-33%	9.677	-32%
Price To Total Gains Ratio	14.897	-12%	16.680	22.978	-27%	49.406	-66%	37.570	-56%	33.003	-49%
Quick Ratio	-	-	0.144	3.991	-96%	3.873	-96%	4.584	-97%	4.215	-97%
Return On Assets	-	-	0.004	0.003	+15%	0.003	+3%	0.003	+11%	0.003	+27%
Return On Equity	-	-	0.038	0.034	+12%	0.039	-3%	0.034	+10%	0.030	+26%
Total Gains Per Share	-	-	1.840	1.659	+11%	0.641	+187%	0.914	+101%	0.677	+172%
Usd Book Value	-	-	440208001.000	409845000.250	+7%	340140250.000	+29%	314593550.050	+40%	238453800.025	+85%
Usd Book Value Change Per Share	-	-	1.605	1.441	+11%	0.461	+248%	0.747	+115%	0.559	+187%
Usd Book Value Per Share	-	-	29.908	27.869	+7%	23.164	+29%	21.416	+40%	16.235	+84%
Usd Dividend Per Share	-	-	0.235	0.218	+7%	0.180	+30%	0.167	+40%	0.118	+98%
Usd Eps	-	-	1.128	0.931	+21%	0.891	+27%	0.733	+54%	0.510	+121%
Usd Free Cash Flow	-	-	17207000.000	16595250.000	+4%	16649500.000	+3%	12902050.000	+33%	9417725.000	+83%
Usd Free Cash Flow Per Share	-	-	1.169	1.128	+4%	1.134	+3%	0.878	+33%	0.641	+82%
Usd Free Cash Flow To Equity Per Share	-	-	1.326	2.658	-50%	6.295	-79%	3.726	-64%	2.443	-46%
Usd Market Cap	402480217.000	-12%	451719665.100	347960468.950	+30%	386181310.000	+17%	353244468.540	+28%	308555278.770	+46%
Usd Price Per Share	27.410	-12%	30.690	23.660	+30%	26.300	+17%	24.050	+28%	21.010	+46%
Usd Profit	-	-	16597000.000	13809750.000	+20%	13191500.000	+26%	10846750.000	+53%	7541900.000	+120%
Usd Revenue	-	-	72301000.000	50132750.000	+44%	36052250.000	+101%	34001050.000	+113%	25477550.000	+184%
Usd Total Gains Per Share	-	-	1.840	1.659	+11%	0.641	+187%	0.914	+101%	0.677	+172%
	EOD	+4 -4	MRQ	TTM	+23 -13	YOY	+24 -12	5Y	+26 -10	10Y	+27 -9

4.2. Fundamental Score

Let's check the fundamental score of Summit Financial Group Inc based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	6.077
Price to Book Ratio (EOD)	Between	0-1	0.916
Net Profit Margin (MRQ)	Greater than	0	0.230
Operating Margin (MRQ)	Greater than	0	0.000
Quick Ratio (MRQ)	Greater than	1	0.144
Current Ratio (MRQ)	Greater than	1	0.022
Debt to Asset Ratio (MRQ)	Less than	1	0.905
Debt to Equity Ratio (MRQ)	Less than	1	9.528
Return on Equity (MRQ)	Greater than	0.15	0.038
Return on Assets (MRQ)	Greater than	0.05	0.004
Total			4/10 (40.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
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4.3. Technical Score

Let's check the technical score of Summit Financial Group Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	61.924
Ma 20	Greater than	Ma 50	26.142
Ma 50	Greater than	Ma 100	26.282
Ma 100	Greater than	Ma 200	27.281
Open	Greater than	Close	27.500
Total			3/5 (60.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

	2022-12-31		2023-03-31		2023-06-30		2023-09-30		2023-12-31
Inventory	-65,650	-42,822	-108,472	4,089	-104,383	743	-103,640	105,470	1,830
Long-term Assets Other	-546,887	-139,589	-686,476	-104,984	-791,460	-3,624	-795,084	913,129	118,045
Cash and Short Term Investments	449,918	52,831	502,749	72,532	575,281	-4,321	570,960	-592,794	-21,834
Net Working Capital	239,785	122,814	362,599	-19,468	343,131	-30,225	312,906	-3,703,719	-3,390,813

Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	4,634,322
Total Liabilities	4,194,114
Total Stockholder Equity	440,208

	As reported
Total Liabilities	4,194,114
Total Stockholder Equity	+ 440,208
Total Assets	= 4,634,322

Assets

Total Assets	4,634,322
Total Current Assets	75,965
Long-term Assets	4,558,357

Total Current Assets

Total Current Assets (as reported)	75,965
Cash And Cash Equivalents	52,232
Short-term Investments	502,762
Net Receivables	20,004
Inventory	1,830
Total Current Assets (calculated)	576,828
+/-	500,863

Long-term Assets

Long-term Assets (as reported)	4,558,357
Property Plant Equipment	71,738
Goodwill	56,034
Long Term Investments	629,077
Intangible Assets	18,430
Long-term Assets Other	118,045
Long-term Assets (calculated)	893,324
+/-	3,665,033

Liabilities & Shareholders' Equity

Total Current Liabilities	3,466,778
Long-term Liabilities	727,336
Total Stockholder Equity	440,208

Total Current Liabilities

Total Current Liabilities (as reported)	3,466,778
Short-term Debt	304,289
Short Long Term Debt	302,800
Other Current Liabilities	3,162,489
Total Current Liabilities (calculated)	3,769,578
+/-	302,800

Long-term Liabilities

Long-term Liabilities (as reported)	727,336
Long term Debt	124,008
Long-term Liabilities (calculated)	124,008
+/-	603,328

Total Stockholder Equity

Total Stockholder Equity (as reported)	440,208
Common Stock	129,990
Retained Earnings	302,783
Other Stockholders Equity	0
Total Stockholder Equity (calculated)	432,773
+/-	7,435

Other

Capital Stock	144,910
Cash and Short Term Investments	-21,834
Common Stock Shares Outstanding	14,719
Liabilities and Stockholders Equity	4,634,322
Net Debt	383,654
Net Invested Capital	852,096
Net Working Capital	-3,390,813
Property Plant and Equipment Gross	101,978
Short Long Term Debt Total	435,886

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-08-09

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

1997-12-31

1997-09-30

1997-06-30

1997-03-31

1996-12-31

1996-09-30

1996-06-30

1996-03-31

1995-12-31

> Total Assets

113,100
113,500
116,000
120,000
122,100
132,400
133,700
135,500
140,700
139,500
182,800
190,900
287,300
205,800
271,800
284,200
385,800
417,449
428,555
454,334
481,239
505,711
516,338
546,881
591,757
603,289
620,817
669,382
671,784
710,763
716,194
744,173
791,465
809,117
849,555
862,246
889,489
907,264
946,487
1,029,103
1,109,532
1,137,692
1,179,648
1,210,491
1,234,831
1,253,925
1,279,720
1,340,679
1,435,536
1,465,110
1,525,978
1,567,325
1,627,116
1,598,968
1,583,910
1,577,793
1,584,625
1,536,496
1,519,606
1,496,412
1,478,470
1,482,195
1,467,986
1,467,986
1,464,584
1,450,121
1,444,365
1,416,441
1,404,086
1,387,104
1,390,198
1,369,970
1,387,787
1,386,227
1,406,117
1,435,958
1,428,669
1,443,568
1,460,492
1,479,969
1,469,304
1,492,429
1,508,568
1,565,181
1,657,636
1,758,647
1,776,442
2,095,300
2,101,136
2,134,240
2,134,895
2,107,652
2,138,727
2,200,586
2,249,641
2,299,114
2,323,609
2,403,492
2,513,322
2,861,351
2,946,862
3,106,384
3,248,135
3,272,533
3,508,951
3,576,719
3,643,691
3,762,799
3,887,299
3,916,692
3,977,407
4,552,270
4,604,208
4,634,322

4,634,322

4,604,208

4,552,270

3,977,407

3,916,692

3,887,299

3,762,799

3,643,691

3,576,719

3,508,951

3,272,533

3,248,135

3,106,384

2,946,862

2,861,351

2,513,322

2,403,492

2,323,609

2,299,114

2,249,641

2,200,586

2,138,727

2,107,652

2,134,895

2,134,240

2,101,136

2,095,300

1,776,442

1,758,647

1,657,636

1,565,181

1,508,568

1,492,429

1,469,304

1,479,969

1,460,492

1,443,568

1,428,669

1,435,958

1,406,117

1,386,227

1,387,787

1,369,970

1,390,198

1,387,104

1,404,086

1,416,441

1,444,365

1,450,121

1,464,584

1,467,986

1,482,195

1,478,470

1,496,412

1,519,606

1,536,496

1,584,625

1,577,793

1,583,910

1,598,968

1,627,116

1,567,325

1,525,978

1,465,110

1,435,536

1,340,679

1,279,720

1,253,925

1,234,831

1,210,491

1,179,648

1,137,692

1,109,532

1,029,103

946,487

907,264

889,489

862,246

849,555

809,117

791,465

744,173

716,194

710,763

671,784

669,382

620,817

603,289

591,757

546,881

516,338

505,711

481,239

454,334

428,555

417,449

385,800

284,200

271,800

205,800

287,300

190,900

182,800

139,500

140,700

135,500

133,700

132,400

122,100

120,000

116,000

113,500

113,100

> Total Current Assets

0
0
0
0
0
0
0
0
0
0
0
0
278,600
278,600
0
0
372,800
403,991
414,211
438,871
465,358
489,765
500,384
530,720
575,493
587,032
604,338
653,034
17,681
19,732
18,586
18,616
21,331
16,580
24,004
225,837,120
25,407
226,409,829
230,445,831
240,979,878
28,908
253,442,324
255,936,554
264,015,049
18,653
277,061,497
281,536
299,963
21,285
312,845
313,792
337,121
11,356
318,055
300,308
17,276
47,383
274,247
269,269
278,416
4,652
303,300
306,064
4,515
3,596
4,398
301,330
298,932
301,096
3,833
292,503
301,234
301,193
3,442
291,102
297,315
291,801
3,728
291,549
286,122
281,654
3,625
280,750
271,146
292,639
4,262
307,378
353,675
345,925
9,641
314,278
299,960
306,052
23,061
320,219
292,310
286,425
28,137
332,721
350,316
325,224
19,522
342,770
374,846
456,472
490,139
447,134
429,444
442,858
465,784
502,749
575,281
570,960
75,965

75,965

570,960

575,281

502,749

465,784

442,858

429,444

447,134

490,139

456,472

374,846

342,770

19,522

325,224

350,316

332,721

28,137

286,425

292,310

320,219

23,061

306,052

299,960

314,278

9,641

345,925

353,675

307,378

4,262

292,639

271,146

280,750

3,625

281,654

286,122

291,549

3,728

291,801

297,315

291,102

3,442

301,193

301,234

292,503

3,833

301,096

298,932

301,330

4,398

3,596

4,515

306,064

303,300

4,652

278,416

269,269

274,247

47,383

17,276

300,308

318,055

11,356

337,121

313,792

312,845

21,285

299,963

281,536

277,061,497

18,653

264,015,049

255,936,554

253,442,324

28,908

240,979,878

230,445,831

226,409,829

25,407

225,837,120

24,004

16,580

21,331

18,616

18,586

19,732

17,681

653,034

604,338

587,032

575,493

530,720

500,384

489,765

465,358

438,871

414,211

403,991

372,800

278,600

Cash And Cash Equivalents

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,333
7,760
7,628
7,565
8,910
11,829
8,501
14,038
9,977
11,917
14,283
13,656
15,636
14,909
15,052
17,553
12,808
20,411
15,536
21,755
15,406
19,286
23,027
24,072
16,438
12,653
11,723
12,302
12,338
15,303
13,614
21,362
22,015
21,875
24,398
11,464
15,472
14,786
10,610
41,060
14,195
29,000
45,289
50,348
50,711
29,173
4,515
42,699
32,692
30,914
18,554
17,193
14,802
11,821
12,307
16,103
11,782
17,251
13,719
13,233
12,511
12,287
13,262
12,289
9,487
16,660
13,058
34,499
46,616
58,221
53,536
51,214
52,631
47,407
46,411
53,834
59,540
57,954
56,475
52,670
61,888
41,454
42,790
108,986
99,787
176,597
194,989
211,109
78,458
61,257
49,601
45,651
44,717
70,816
63,243
59,557
52,232

52,232

59,557

63,243

70,816

44,717

45,651

49,601

61,257

78,458

211,109

194,989

176,597

99,787

108,986

42,790

41,454

61,888

52,670

56,475

57,954

59,540

53,834

46,411

47,407

52,631

51,214

53,536

58,221

46,616

34,499

13,058

16,660

9,487

12,289

13,262

12,287

12,511

13,233

13,719

17,251

11,782

16,103

12,307

11,821

14,802

17,193

18,554

30,914

32,692

42,699

4,515

29,173

50,711

50,348

45,289

29,000

14,195

41,060

10,610

14,786

15,472

11,464

24,398

21,875

22,015

21,362

13,614

15,303

12,338

12,302

11,723

12,653

16,438

24,072

23,027

19,286

15,406

21,755

15,536

20,411

12,808

17,553

15,052

14,909

15,636

13,656

14,283

11,917

9,977

14,038

8,501

11,829

8,910

7,565

7,628

7,760

9,333

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,385
0
0
209,702,259
2,387
209,223,443
209,561,053
215,757,195
5,187
233,804,893
238,381,668
246,331,602
788
258,172,895
259,526
279,289
258
284,082
284,401
305,962
110
295,706
289,267
0
34,247
262,565
258,971
267,856
45,696
293,240
295,806
292,442
292,442
286,599
292,002
289,151
291,992
281,539
283,054
291,180
291,258
288,780
281,865
287,883
282,401
282,834
282,135
276,661
272,127
280,792
271,515
261,633
262,102
266,542
282,028
336,811
328,726
328,723
296,890
283,221
288,040
293,147
297,126
269,920
265,347
276,355
305,045
322,539
297,989
286,127
311,384
345,742
424,741
401,103
374,855
368,049
383,965
405,201
431,933
512,038
511,403
502,762

502,762

511,403

512,038

431,933

405,201

383,965

368,049

374,855

401,103

424,741

345,742

311,384

286,127

297,989

322,539

305,045

276,355

265,347

269,920

297,126

293,147

288,040

283,221

296,890

328,723

328,726

336,811

282,028

266,542

262,102

261,633

271,515

280,792

272,127

276,661

282,135

282,834

282,401

287,883

281,865

288,780

291,258

291,180

283,054

281,539

291,992

289,151

292,002

286,599

292,442

295,806

293,240

45,696

267,856

258,971

262,565

34,247

289,267

295,706

110

305,962

284,401

284,082

258

279,289

259,526

258,172,895

788

246,331,602

238,381,668

233,804,893

5,187

215,757,195

209,561,053

209,223,443

2,387

209,702,259

3,385

Net Receivables

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,036
3,190
3,733
3,761
4,021
3,880
3,973
3,874
4,289
3,954
4,210
4,025
4,096
3,677
3,564
3,778
3,772
3,593
3,762
3,652
3,943
3,940
4,392
4,836
4,857
5,025
6,079
6,352
6,656
6,812
7,239
7,191
6,851
7,614
7,082
7,217
6,991
6,760
6,666
6,323
6,519
6,108
5,962
5,879
5,797
5,743
5,395
5,395
5,784
5,269
5,515
5,352
5,621
5,543
5,718
5,364
5,669
5,410
5,683
5,467
5,838
5,564
5,473
5,295
5,544
5,230
5,352
5,470
6,167
6,024
7,570
7,979
8,329
8,346
8,425
8,630
8,708
8,828
8,909
8,704
8,439
9,043
11,205
10,978
11,989
10,654
10,397
10,484
10,578
11,022
11,794
13,242
15,866
16,264
18,199
19,789
20,004

20,004

19,789

18,199

16,264

15,866

13,242

11,794

11,022

10,578

10,484

10,397

10,654

11,989

10,978

11,205

9,043

8,439

8,704

8,909

8,828

8,708

8,630

8,425

8,346

8,329

7,979

7,570

6,024

6,167

5,470

5,352

5,230

5,544

5,295

5,473

5,564

5,838

5,467

5,683

5,410

5,669

5,364

5,718

5,543

5,621

5,352

5,515

5,269

5,784

5,395

5,743

5,797

5,879

5,962

6,108

6,519

6,323

6,666

6,760

6,991

7,217

7,082

7,614

6,851

7,191

7,239

6,812

6,656

6,352

6,079

5,025

4,857

4,836

4,392

3,940

3,943

3,652

3,762

3,593

3,772

3,778

3,564

3,677

4,096

4,025

4,210

3,954

4,289

3,874

3,973

3,880

4,021

3,761

3,733

3,190

3,036

Other Current Assets

0
0
0
0
0
0
0
0
0
0
0
0
278,600
0
0
0
372,800
391,622
403,261
427,509
454,032
476,835
484,675
518,247
557,581
572,766
588,467
634,540
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,365
0
0
0
6,323
0
0
0
6,343
6,196
8,624
8,199
8,329
8,567
8,560
8,978
10,711
9,261
9,223
9,791
11,750
9,690
15,245
-401,696
-336,015
2,220,355
2,159,045
2,207,904
2,446,528
11,287
66,714
64,086
65,650
92,208
86,184
83,851
75,965

75,965

83,851

86,184

92,208

65,650

64,086

66,714

11,287

2,446,528

2,207,904

2,159,045

2,220,355

-336,015

-401,696

15,245

9,690

11,750

9,791

9,223

9,261

10,711

8,978

8,560

8,567

8,329

8,199

8,624

6,196

6,343

6,323

6,365

634,540

588,467

572,766

557,581

518,247

484,675

476,835

454,032

427,509

403,261

391,622

372,800

278,600

> Long-term Assets

0
0
0
0
0
0
0
-100
100
0
100
0
8,700
8,700
-100
0
13,000
13,458
14,344
15,463
15,881
15,946
15,955
16,161
16,264
16,257
16,479
16,348
226,998
246,009
232,979
241,171
256,305
238,803
237,338
233,678
235,636
233,375
233,499
240,306
250,209
260,935
265,207
273,071
273,516
283,510
284,780
311,436
332,251
334,052
339,079
359,734
382,760
352,730
346,572
342,490
329,249
319,839
315,917
324,336
326,765
346,894
348,170
1,124,048
343,543
336,480
340,663
336,602
337,743
325,626
325,266
327,651
328,078
325,167
316,793
323,418
317,673
316,775
317,238
313,332
307,148
318,811
310,651
302,669
304,434
316,873
335,320
412,250
402,995
405,379
372,539
358,747
365,412
373,177
377,547
350,639
346,143
356,517
398,059
512,271
501,336
507,886
529,145
562,360
654,713
650,630
622,917
621,289
640,958
116,131
686,476
791,460
795,084
4,558,357

4,558,357

795,084

791,460

686,476

116,131

640,958

621,289

622,917

650,630

654,713

562,360

529,145

507,886

501,336

512,271

398,059

356,517

346,143

350,639

377,547

373,177

365,412

358,747

372,539

405,379

402,995

412,250

335,320

316,873

304,434

302,669

310,651

318,811

307,148

313,332

317,238

316,775

317,673

323,418

316,793

325,167

328,078

327,651

325,266

325,626

337,743

336,602

340,663

336,480

343,543

1,124,048

348,170

346,894

326,765

324,336

315,917

319,839

329,249

342,490

346,572

352,730

382,760

359,734

339,079

334,052

332,251

311,436

284,780

283,510

273,516

273,071

265,207

260,935

250,209

240,306

233,499

233,375

235,636

233,678

237,338

238,803

256,305

241,171

232,979

246,009

226,998

16,348

16,479

16,257

16,264

16,161

15,955

15,946

15,881

15,463

14,344

13,458

13,000

-100

8,700

100

-100

Property Plant Equipment

3,200
3,200
3,100
3,100
3,100
3,100
3,200
3,100
3,100
3,000
4,700
5,100
6,800
5,200
7,000
7,000
9,000
9,587
10,569
11,758
12,247
12,382
12,461
12,738
12,912
12,943
13,203
13,109
11,199
11,286
12,316
14,477
17,846
19,459
20,120
20,439
20,776
20,690
20,515
21,164
23,089
23,820
23,553
23,505
22,446
22,179
22,133
22,004
22,130
22,055
21,967
22,294
22,434
23,407
23,776
23,891
24,234
24,001
23,762
23,402
23,092
22,784
22,587
22,334
22,334
22,084
21,756
21,470
21,265
21,129
21,023
20,936
20,780
20,623
20,457
20,301
20,132
20,060
20,208
20,490
20,457
21,572
21,589
21,405
21,802
23,737
26,377
33,234
34,220
34,209
35,554
36,017
36,888
37,553
39,345
42,896
43,592
44,168
47,078
51,847
52,880
52,537
53,289
53,104
56,818
56,371
55,713
55,034
54,628
53,981
54,491
60,967
62,721
71,738

71,738

62,721

60,967

54,491

53,981

54,628

55,034

55,713

56,371

56,818

53,104

53,289

52,537

52,880

51,847

47,078

44,168

43,592

42,896

39,345

37,553

36,888

36,017

35,554

34,209

34,220

33,234

26,377

23,737

21,802

21,405

21,589

21,572

20,457

20,490

20,208

20,060

20,132

20,301

20,457

20,623

20,780

20,936

21,023

21,129

21,265

21,470

21,756

22,084

22,334

22,587

22,784

23,092

23,402

23,762

24,001

24,234

23,891

23,776

23,407

22,434

22,294

21,967

22,055

22,130

22,004

22,133

22,179

22,446

23,505

23,553

23,820

23,089

21,164

20,515

20,690

20,776

20,439

20,120

19,459

17,846

14,477

12,316

11,286

11,199

13,109

13,203

12,943

12,912

12,738

12,461

12,382

12,247

11,758

10,569

9,587

9,000

7,000

5,200

6,800

5,100

4,700

3,000

3,100

3,200

3,100

3,200

Goodwill

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,488
1,488
1,488
1,488
2,088
2,088
2,088,030
2,088
-3,457,575
-3,419,825
-3,382,075
2,088
-3,306,575
-3,268,825
-3,231,074
2,088
-3,155,573
2,088
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
0
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
6,198
10,989
11,020
15,464
15,273
15,272
15,272
15,272
15,272
15,272
15,272
12,417
12,417
12,658
23,480
38,146
38,145
45,495
45,016
45,016
55,347
55,347
55,347
55,347
55,347
55,300
55,300
56,035
56,034
56,034

56,034

56,035

55,300

55,347

45,016

45,495

38,145

38,146

23,480

12,658

12,417

15,272

15,273

15,464

11,020

10,989

6,198

2,088

-3,155,573

2,088

-3,231,074

-3,268,825

-3,306,575

2,088

-3,382,075

-3,419,825

-3,457,575

2,088

2,088,030

2,088

1,488

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
992,483
984,671
984,671
984,662
977,265
966,422
957,246
952,052
958,866
934,470
947,775
945,206
969,324
1,000,665
1,001,059
1,026,552
1,047,001
1,073,055
1,069,447
1,089,059
1,107,499
1,179,201
1,247,787
1,320,980
1,306,415
1,553,128
1,571,718
1,608,678
1,644,389
1,630,352
1,647,327
1,992,187
310,156
284,472
280,456
2,191,071
317,496
415,951
402,893
2,782,131
424,700
444,737
535,311
530,669
503,992
503,399
3,579,628
546,887
570,178
654,070
656,938
629,077

629,077

656,938

654,070

570,178

546,887

3,579,628

503,399

503,992

530,669

535,311

444,737

424,700

2,782,131

402,893

415,951

317,496

2,191,071

280,456

284,472

310,156

1,992,187

1,647,327

1,630,352

1,644,389

1,608,678

1,571,718

1,553,128

1,306,415

1,320,980

1,247,787

1,179,201

1,107,499

1,089,059

1,069,447

1,073,055

1,047,001

1,026,552

1,001,059

1,000,665

969,324

945,206

947,775

934,470

958,866

952,052

957,246

966,422

977,265

984,662

984,671

992,483

Intangible Assets

0
0
0
0
0
0
0
0
0
0
0
0
1,900
1,900
0
0
4,000
0
0
0
0
0
0
0
0
0
0
0
0
3,163
3,126
3,088
3,050
3,612
3,574
1,448,583
3,499
3,461,036
3,423,248
3,385,460
3,348
3,309,885
3,272,097
3,234,308
3,196
3,158,732
3,121
10,143
10,055
9,968
9,880
9,792
9,704
9,617
9,529
9,441
9,353
9,265
9,178
9,090
9,002
8,914
8,826
8,826
8,739
8,651
8,563
8,475
8,387
2,102
2,013
1,926
1,838
1,751
1,663
1,600
1,550
1,500
1,450
1,400
1,350
1,300
1,250
1,200
1,150
2,663
2,567
12,750
12,606
12,241
11,805
11,393
10,980
10,570
10,570
23,585
10,765
10,364
10,652
10,367
9,956
9,628
9,223
8,842
8,630
8,243
7,865
7,509
7,155
6,850
6,507
20,388
75,425
18,430

18,430

75,425

20,388

6,507

6,850

7,155

7,509

7,865

8,243

8,630

8,842

9,223

9,628

9,956

10,367

10,652

10,364

10,765

23,585

10,570

10,980

11,393

11,805

12,241

12,606

12,750

2,567

2,663

1,150

1,200

1,250

1,300

1,350

1,400

1,450

1,500

1,550

1,600

1,663

1,751

1,838

1,926

2,013

2,102

8,387

8,475

8,563

8,651

8,739

8,826

8,914

9,002

9,090

9,178

9,265

9,353

9,441

9,529

9,617

9,704

9,792

9,880

9,968

10,055

10,143

3,121

3,158,732

3,196

3,234,308

3,272,097

3,309,885

3,348

3,385,460

3,423,248

3,461,036

3,499

1,448,583

3,574

3,612

3,050

3,088

3,126

3,163

4,000

1,900

Earning Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
353,845
327,466
320,752
324,397
340,317
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

340,317

324,397

320,752

327,466

353,845

Long-term Assets Other

-3,200
-3,200
-3,100
-3,100
-3,100
-3,600
-8,400
-8,300
-8,400
-8,400
-4,700
-5,100
0
-5,200
-7,000
-7,000
0
3,871
3,776
3,705
3,634
3,564
3,493
3,423
3,352
3,314
3,277
3,239
3,201
3,163
3,126
3,088
3,050
3,612
3,574
3,537
3,499
3,461
3,423
3,385
3,348
3,310
3,272
3,234
3,197
3,159
3,121
10,143
10,055
9,968
9,880
9,792
9,704
-343,113
-337,043
-309,158
9,353
9,265
9,178
9,090
9,002
8,914
8,826
117,043
8,739
8,651
8,563
8,475
16,099
14,658
12,977
7,411
8,004
7,815
6,610
7,436
7,392
6,183
7,247
8,583
7,016
8,949
10,099
12,233
13,182
12,942
13,328
13,991
12,170
14,934
13,018
12,844
14,232
16,498
29,349
23,585
14,022
12,972
11,804
8,875
10,766
14,185
10,776
10,661
10,649
-595,507
126,351
101,287
4,804
-546,887
-686,476
-791,460
-795,084
118,045

118,045

-795,084

-791,460

-686,476

-546,887

4,804

101,287

126,351

-595,507

10,649

10,661

10,776

14,185

10,766

8,875

11,804

12,972

14,022

23,585

29,349

16,498

14,232

12,844

13,018

14,934

12,170

13,991

13,328

12,942

13,182

12,233

10,099

8,949

7,016

8,583

7,247

6,183

7,392

7,436

6,610

7,815

8,004

7,411

12,977

14,658

16,099

8,475

8,563

8,651

8,739

117,043

8,826

8,914

9,002

9,090

9,178

9,265

9,353

-309,158

-337,043

-343,113

9,704

9,792

9,880

9,968

10,055

10,143

3,121

3,159

3,197

3,234

3,272

3,310

3,348

3,385

3,423

3,461

3,499

3,537

3,574

3,612

3,050

3,088

3,126

3,163

3,201

3,239

3,277

3,314

3,352

3,423

3,493

3,564

3,634

3,705

3,776

3,871

-7,000

-5,200

-5,100

-4,700

-8,400

-8,300

-8,400

-3,600

-3,100

-3,200

> Total Liabilities

101,800
102,100
104,700
107,900
109,800
119,900
119,400
120,700
125,600
124,100
159,400
166,900
251,300
181,400
248,200
259,900
350,700
381,845
392,366
416,427
441,466
464,020
473,917
502,132
547,469
558,266
572,734
618,003
619,705
657,384
660,321
688,672
734,278
748,444
790,580
796,956
823,780
840,864
876,649
956,674
1,035,729
1,061,875
1,103,089
1,129,861
1,154,956
1,170,990
1,196,653
1,247,204
1,346,116
1,373,155
1,434,512
1,486,815
1,539,872
1,515,364
1,500,157
1,485,856
1,493,965
1,445,962
1,430,752
1,406,178
1,388,649
1,392,867
1,376,127
1,376,127
1,365,660
1,347,555
1,339,966
1,310,734
1,296,758
1,278,549
1,280,183
1,262,759
1,278,982
1,275,155
1,291,590
1,318,493
1,307,307
1,311,924
1,324,603
1,339,897
1,329,015
1,348,685
1,362,439
1,414,512
1,503,817
1,603,287
1,622,823
1,902,168
1,902,354
1,932,735
1,929,886
1,897,773
1,925,171
1,980,756
2,016,011
2,063,413
2,081,187
2,155,728
2,257,297
2,597,920
2,674,899
2,824,804
2,954,690
2,957,326
3,185,662
3,249,246
3,313,225
3,428,908
3,545,625
3,562,162
3,607,861
4,139,096
4,187,756
4,194,114

4,194,114

4,187,756

4,139,096

3,607,861

3,562,162

3,545,625

3,428,908

3,313,225

3,249,246

3,185,662

2,957,326

2,954,690

2,824,804

2,674,899

2,597,920

2,257,297

2,155,728

2,081,187

2,063,413

2,016,011

1,980,756

1,925,171

1,897,773

1,929,886

1,932,735

1,902,354

1,902,168

1,622,823

1,603,287

1,503,817

1,414,512

1,362,439

1,348,685

1,329,015

1,339,897

1,324,603

1,311,924

1,307,307

1,318,493

1,291,590

1,275,155

1,278,982

1,262,759

1,280,183

1,278,549

1,296,758

1,310,734

1,339,966

1,347,555

1,365,660

1,376,127

1,392,867

1,388,649

1,406,178

1,430,752

1,445,962

1,493,965

1,485,856

1,500,157

1,515,364

1,539,872

1,486,815

1,434,512

1,373,155

1,346,116

1,247,204

1,196,653

1,170,990

1,154,956

1,129,861

1,103,089

1,061,875

1,035,729

956,674

876,649

840,864

823,780

796,956

790,580

748,444

734,278

688,672

660,321

657,384

619,705

618,003

572,734

558,266

547,469

502,132

473,917

464,020

441,466

416,427

392,366

381,845

350,700

259,900

248,200

181,400

251,300

166,900

159,400

124,100

125,600

120,700

119,400

119,900

109,800

107,900

104,700

102,100

101,800

> Total Current Liabilities

101,000
100,400
103,000
106,200
106,300
110,900
110,900
111,500
115,200
113,800
150,400
153,800
234,800
163,500
227,400
239,200
332,800
366,900
380,600
405,200
360,400
376,500
383,300
403,800
424,100
424,500
438,100
480,400
20,191
28,029
24,220
41,049
49,714
42,547
71,350
77,518
120,629
129,697
127,974
139,681
182,028
136,483
164,185
90,422
60,428
79,886
100,901
124,699
172,055
93,950
147,900
98,316
153,100
120,480
104,718
73,733
49,739
27,456
2,739
1,610
1,582
1,879
2,047
2,047
955
15,956
15,956
10,957
20,957
3,000
5,960
15,800
45,200
53,800
60,000
86,050
125,000
120,950
141,550
171,160
141,850
167,950
150,000
202,100
231,200
221,000
225,400
202,250
199,500
247,000
190,000
199,900
233,300
303,950
186,292
225,343
206,550
199,200
161,600
90,800
140,000
140,000
140,000
140,000
140,000
140,000
140,000
291,300
273,148
225,999
140,150
232,150
258,054
3,466,778

3,466,778

258,054

232,150

140,150

225,999

273,148

291,300

140,000

90,800

161,600

199,200

206,550

225,343

186,292

303,950

233,300

199,900

190,000

247,000

199,500

202,250

225,400

221,000

231,200

202,100

150,000

167,950

141,850

171,160

141,550

120,950

125,000

86,050

60,000

53,800

45,200

15,800

5,960

3,000

20,957

10,957

15,956

955

2,047

1,879

1,582

1,610

2,739

27,456

49,739

73,733

104,718

120,480

153,100

98,316

147,900

93,950

172,055

124,699

100,901

79,886

60,428

90,422

164,185

136,483

182,028

139,681

127,974

129,697

120,629

77,518

71,350

42,547

49,714

41,049

24,220

28,029

20,191

480,400

438,100

424,500

424,100

403,800

383,300

376,500

360,400

405,200

380,600

366,900

332,800

239,200

227,400

163,500

234,800

153,800

150,400

113,800

115,200

111,500

110,900

106,300

106,200

103,000

100,400

101,000

Short-term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
52,936
69,591
79,258
9,391
9,161
11,965
12,989
24,033
18,861
13,632
12,165
20,191
28,029
24,220
41,049
49,714
42,547
71,350
77,518
120,629
129,697
127,974
139,681
182,028
136,483
164,185
90,422
60,428
79,886
100,901
124,699
172,055
93,950
147,900
98,316
153,100
120,480
104,718
73,733
49,739
27,456
2,739
1,610
1,582
1,879
2,047
2,047
955
15,956
15,956
10,957
20,957
3,958
5,960
16,762
54,163
62,769
68,974
91,729
127,432
123,633
148,985
174,599
145,291
171,394
153,448
205,552
234,657
224,461
228,868
205,728
202,988
250,499
193,513
202,429
238,403
309,084
186,292
225,343
206,694
199,345
161,745
90,945
140,145
140,146
140,145
140,146
140,146
140,146
140,146
291,447
273,148
225,999
140,150
232,150
258,054
304,289

304,289

258,054

232,150

140,150

225,999

273,148

291,447

140,146

140,145

140,146

140,145

90,945

161,745

199,345

206,694

225,343

186,292

309,084

238,403

202,429

193,513

250,499

202,988

205,728

228,868

224,461

234,657

205,552

153,448

171,394

145,291

174,599

148,985

123,633

127,432

91,729

68,974

62,769

54,163

16,762

5,960

3,958

20,957

10,957

15,956

955

2,047

1,879

1,582

1,610

2,739

27,456

49,739

73,733

104,718

120,480

153,100

98,316

147,900

93,950

172,055

124,699

100,901

79,886

60,428

90,422

164,185

136,483

182,028

139,681

127,974

129,697

120,629

77,518

71,350

42,547

49,714

41,049

24,220

28,029

20,191

12,165

13,632

18,861

24,033

12,989

11,965

9,161

9,391

79,258

69,591

52,936

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
237,512
0
0
0
266,564
153,448
205,553
234,657
5,514
228,868
271,076
268,332
2,057
258,849
12,167
4
429
186,292
225,343
206,550
199,200
161,600
90,800
140,000
140,146
140,145
140,146
140,146
140,146
140,146
291,447
273,148
225,999
140,150
232,150
258,054
302,800

302,800

258,054

232,150

140,150

225,999

273,148

291,447

140,146

140,145

140,146

140,000

90,800

161,600

199,200

206,550

225,343

186,292

429

12,167

258,849

2,057

268,332

271,076

228,868

5,514

234,657

205,553

153,448

266,564

237,512

Accounts payable

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
468,842
473,255
474,955
511,801
530,338
536,589
535,822
524,614
537,412
565,167
628,919
673,901
730,737
761,563
865,062
888,688
877,225
850,389
828,599
828,687
836,944
857,749
945,224
965,850
955,358
954,224
970,022
1,017,338
1,011,036
1,021,138
1,030,032
1,036,939
1,062,119
1,046,094
0
1,047,309
1,016,500
1,011,139
1,001,670
1,027,307
1,027,125
1,066,317
1,038,163
1,016,735
1,003,812
1,052,630
1,057,795
1,054,454
1,061,314
1,058,308
1,053,310
1,072,091
1,066,709
1,094,544
1,096,545
1,156,784
1,295,519
1,301,241
1,613,919
1,616,768
1,600,601
1,654,523
1,639,996
1,651,064
1,634,826
1,789,032
1,797,493
1,832,285
1,913,237
2,044,914
2,451,769
2,451,891
2,595,651
2,725,010
2,729,205
2,955,940
2,943,089
3,008,063
2,975,304
3,108,072
3,169,879
3,299,846
0
0
0

3,299,846

3,169,879

3,108,072

2,975,304

3,008,063

2,943,089

2,955,940

2,729,205

2,725,010

2,595,651

2,451,891

2,451,769

2,044,914

1,913,237

1,832,285

1,797,493

1,789,032

1,634,826

1,651,064

1,639,996

1,654,523

1,600,601

1,616,768

1,613,919

1,301,241

1,295,519

1,156,784

1,096,545

1,094,544

1,066,709

1,072,091

1,053,310

1,058,308

1,061,314

1,054,454

1,057,795

1,052,630

1,003,812

1,016,735

1,038,163

1,066,317

1,027,125

1,027,307

1,001,670

1,011,139

1,016,500

1,047,309

1,046,094

1,062,119

1,036,939

1,030,032

1,021,138

1,011,036

1,017,338

970,022

954,224

955,358

965,850

945,224

857,749

836,944

828,687

828,599

850,389

877,225

888,688

865,062

761,563

730,737

673,901

628,919

565,167

537,412

524,614

535,822

536,589

530,338

511,801

474,955

473,255

468,842

Other Current Liabilities

101,000
100,400
103,000
106,200
106,300
110,900
110,900
111,500
115,200
113,800
150,400
153,800
234,800
163,500
227,400
239,200
332,800
313,964
311,009
325,942
351,009
367,339
371,335
390,811
400,067
405,639
424,468
468,235
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,046,094
1,047,309
1,047,309
1,016,500
1,011,139
1,001,670
1,027,307
-958
1,066,317
-962
-8,963
-8,969
-8,974
-5,679
-2,432
-2,683
-7,435
-3,439
-3,441
-3,444
-3,448
-3,452
-3,457
-3,461
-3,468
-3,478
-3,488
-3,499
-3,513
-2,529
-5,103
-5,134
1,789,032
1,797,493
-144
-145
-145
-145
-145
-146
-145
-146
-146
-146
-146
-147
-273,148
163,500
-140,150
-232,150
-258,054
3,162,489

3,162,489

-258,054

-232,150

-140,150

163,500

-273,148

-147

-146

-145

-146

-145

-144

1,797,493

1,789,032

-5,134

-5,103

-2,529

-3,513

-3,499

-3,488

-3,478

-3,468

-3,461

-3,457

-3,452

-3,448

-3,444

-3,441

-3,439

-7,435

-2,683

-2,432

-5,679

-8,974

-8,969

-8,963

-962

1,066,317

-958

1,027,307

1,001,670

1,011,139

1,016,500

1,047,309

1,046,094

468,235

424,468

405,639

400,067

390,811

371,335

367,339

351,009

325,942

311,009

313,964

332,800

239,200

227,400

163,500

234,800

153,800

150,400

113,800

115,200

111,500

110,900

106,300

106,200

103,000

100,400

101,000

> Long-term Liabilities

800
1,700
1,700
1,700
3,500
9,000
8,500
9,200
10,400
10,300
9,000
13,100
16,500
17,900
20,800
20,700
17,900
14,900
11,800
11,200
81,100
87,500
90,600
98,300
123,400
133,800
134,600
137,600
137,287
156,213
159,260
169,026
168,255
169,608
176,248
178,334
172,201
165,384
176,796
179,383
170,501
183,136
167,168
163,864
193,881
201,814
234,476
283,268
335,327
431,918
419,775
434,016
412,337
430,687
432,391
433,037
417,881
397,724
397,564
366,037
340,498
319,905
319,020
317,396
308,420
306,643
303,510
290,024
240,133
167,657
127,977
127,954
127,929
127,905
87,881
86,331
42,855
41,879
29,602
26,625
23,648
23,170
22,692
22,214
21,735
21,259
20,804
20,348
20,344
20,340
20,336
20,332
20,328
20,324
20,319
20,315
20,311
20,306
20,301
20,297
49,628
49,652
49,681
49,710
49,739
123,159
123,260
123,311
273,148
3,336,163
140,150
123,776
123,892
727,336

727,336

123,892

123,776

140,150

3,336,163

273,148

123,311

123,260

123,159

49,739

49,710

49,681

49,652

49,628

20,297

20,301

20,306

20,311

20,315

20,319

20,324

20,328

20,332

20,336

20,340

20,344

20,348

20,804

21,259

21,735

22,214

22,692

23,170

23,648

26,625

29,602

41,879

42,855

86,331

87,881

127,905

127,929

127,954

127,977

167,657

240,133

290,024

303,510

306,643

308,420

317,396

319,020

319,905

340,498

366,037

397,564

397,724

417,881

433,037

432,391

430,687

412,337

434,016

419,775

431,918

335,327

283,268

234,476

201,814

193,881

163,864

167,168

183,136

170,501

179,383

176,796

165,384

172,201

178,334

176,248

169,608

168,255

169,026

159,260

156,213

137,287

137,600

134,600

133,800

123,400

98,300

90,600

87,500

81,100

11,200

11,800

14,900

17,900

20,700

20,800

17,900

16,500

13,100

9,000

10,300

10,400

9,200

8,500

9,000

3,500

1,700

800

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
319,020
308,420
308,420
306,643
303,510
290,024
240,133
239,657
199,977
199,954
199,929
199,905
159,881
158,331
114,855
113,879
101,602
98,625
95,648
95,170
94,692
94,214
93,735
66,259
65,804
65,348
65,344
65,340
65,336
40,332
20,328
20,324
20,319
20,315
20,311
20,306
20,301
20,297
20,292
49,652
49,681
49,710
49,739
123,159
123,260
123,311
123,427
123,543
123,660
123,776
0
0

123,776

123,660

123,543

123,427

123,311

123,260

123,159

49,739

49,710

49,681

49,652

20,292

20,297

20,301

20,306

20,311

20,315

20,319

20,324

20,328

40,332

65,336

65,340

65,344

65,348

65,804

66,259

93,735

94,214

94,692

95,170

95,648

98,625

101,602

113,879

114,855

158,331

159,881

199,905

199,929

199,954

199,977

239,657

240,133

290,024

303,510

306,643

308,420

319,020

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,300
3,586
3,642
4,507
5,951
6,393
5,283
6,337
8,371
6,712
8,691
9,299
11,520
10,173
10,513
11,959
12,065
10,887
10,638
10,047
10,343
9,088
9,259
8,585
8,839
8,824
9,064
9,007
9,746
9,311
8,499
9,630
8,964
8,966
0
8,976
8,456
9,361
8,083
8,361
7,809
7,928
7,880
8,155
8,669
10,105
10,638
10,566
13,098
15,708
13,363
15,985
15,412
19,765
18,200
18,640
17,048
26,910
17,173
17,254
16,295
16,514
15,016
15,376
16,111
19,827
19,783
21,332
21,624
27,226
31,798
30,124
39,355
35,957
38,265
39,837
42,852
41,756
38,846
40,978
36,660
44,205
0
0
0

44,205

36,660

40,978

38,846

41,756

42,852

39,837

38,265

35,957

39,355

30,124

31,798

27,226

21,624

21,332

19,783

19,827

16,111

15,376

15,016

16,514

16,295

17,254

17,173

26,910

17,048

18,640

18,200

19,765

15,412

15,985

13,363

15,708

13,098

10,566

10,638

10,105

8,669

8,155

7,880

7,928

7,809

8,361

8,083

9,361

8,456

8,976

8,966

8,964

9,630

8,499

9,311

9,746

9,007

9,064

8,824

8,839

8,585

9,259

9,088

10,343

10,047

10,638

10,887

12,065

11,959

10,513

10,173

11,520

9,299

8,691

6,712

8,371

6,337

5,283

6,393

5,951

4,507

3,642

3,586

4,300

> Total Stockholder Equity

11,300
11,400
11,300
12,100
12,300
12,500
14,300
14,800
15,100
15,400
23,400
24,000
36,000
24,400
23,600
24,300
35,100
35,604
36,189
37,907
39,773
41,691
42,421
44,749
44,287
45,023
48,083
51,379
52,080
53,379
55,873
55,502
57,188
60,674
58,975
65,289
65,708
66,400
69,838
72,429
73,803
75,816
76,559
80,630
79,875
82,935
83,067
93,475
89,420
91,955
91,466
80,510
87,244
83,604
83,753
91,937
90,660
90,534
88,854
90,234
89,821
89,328
91,859
102,486
98,924
102,566
104,399
105,707
107,328
108,555
110,015
107,211
108,805
111,072
114,527
117,465
121,362
131,644
135,889
140,072
140,289
143,744
146,129
150,669
153,819
155,360
153,619
193,132
198,782
201,505
205,009
209,879
213,556
219,830
233,630
235,701
242,422
247,764
256,025
263,431
271,963
281,580
293,445
315,207
323,289
327,473
330,466
333,891
341,674
354,530
369,546
413,174
416,452
440,208

440,208

416,452

413,174

369,546

354,530

341,674

333,891

330,466

327,473

323,289

315,207

293,445

281,580

271,963

263,431

256,025

247,764

242,422

235,701

233,630

219,830

213,556

209,879

205,009

201,505

198,782

193,132

153,619

155,360

153,819

150,669

146,129

143,744

140,289

140,072

135,889

131,644

121,362

117,465

114,527

111,072

108,805

107,211

110,015

108,555

107,328

105,707

104,399

102,566

98,924

102,486

91,859

89,328

89,821

90,234

88,854

90,534

90,660

91,937

83,753

83,604

87,244

80,510

91,466

91,955

89,420

93,475

83,067

82,935

79,875

80,630

76,559

75,816

73,803

72,429

69,838

66,400

65,708

65,289

58,975

60,674

57,188

55,502

55,873

53,379

52,080

51,379

48,083

45,023

44,287

44,749

42,421

41,691

39,773

37,907

36,189

35,604

35,100

24,300

23,600

24,400

36,000

24,000

23,400

15,400

15,100

14,800

14,300

12,500

12,300

12,100

11,300

11,400

11,300

Common Stock

1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,500
1,500
2,300
1,500
1,500
1,500
2,200
2,226
2,226
2,226
2,226
2,226
2,226
4,452
4,452
4,452
1,781
4,452
4,452
8,906
8,907
8,907
8,917
8,921
8,923
8,931
18,123
17,501
18,725
18,777
18,857
18,906
18,914
18,310
18,021
17,712
18,037
24,376
24,391
24,394
24,406
24,409
24,453
24,453
18,563
24,508
24,508
24,508
24,508
24,508
24,508
24,515
24,516
24,517
24,517
24,518
24,519
24,519
24,520
24,520
24,582
24,593
24,632
24,664
24,691
24,691
24,691
32,670
43,072
45,563
45,612
45,741
45,829
45,967
46,114
46,757
47,020
80,230
80,496
81,098
81,332
81,572
81,822
80,431
86,729
80,946
79,780
80,084
94,439
94,539
94,717
94,964
95,234
300,287
308,369
312,553
315,546
318,971
90,345
90,696
90,939
130,227
130,508
129,990

129,990

130,508

130,227

90,939

90,696

90,345

318,971

315,546

312,553

308,369

300,287

95,234

94,964

94,717

94,539

94,439

80,084

79,780

80,946

86,729

80,431

81,822

81,572

81,332

81,098

80,496

80,230

47,020

46,757

46,114

45,967

45,829

45,741

45,612

45,563

43,072

32,670

24,691

24,664

24,632

24,593

24,582

24,520

24,519

24,518

24,517

24,516

24,515

24,508

18,563

24,453

24,409

24,406

24,394

24,391

24,376

18,037

17,712

18,021

18,310

18,914

18,906

18,857

18,777

18,725

17,501

18,123

8,931

8,923

8,921

8,917

8,907

8,906

4,452

1,781

4,452

2,226

2,200

1,500

2,300

1,500

1,000

Retained Earnings

9,500
9,800
10,000
10,400
10,700
11,100
11,300
11,700
11,900
12,300
12,400
12,900
22,400
13,600
13,700
14,300
24,600
25,499
25,992
26,736
26,765
27,774
28,359
29,797
30,804
32,434
33,425
35,348
36,727
38,591
39,898
41,741
43,427
45,878
47,674
50,801
47,109
49,520
51,640
54,913
56,215
59,186
60,678
63,159
62,206
64,807
66,636
69,104
65,077
68,901
70,161
62,487
64,709
66,475
62,579
63,982
63,474
63,519
60,567
60,365
61,201
60,879
61,711
63,572
63,572
64,904
66,408
67,126
67,929
69,841
71,440
72,462
74,541
77,134
79,330
81,569
84,712
87,719
91,176
94,318
97,129
100,423
103,418
106,594
109,808
113,448
110,650
114,578
119,157
119,827
125,663
130,336
135,628
141,354
146,671
153,362
159,568
165,859
161,408
166,163
173,588
181,643
189,803
198,022
207,703
217,770
226,944
236,438
248,084
260,393
271,712
276,762
289,641
302,783

302,783

289,641

276,762

271,712

260,393

248,084

236,438

226,944

217,770

207,703

198,022

189,803

181,643

173,588

166,163

161,408

165,859

159,568

153,362

146,671

141,354

135,628

130,336

125,663

119,827

119,157

114,578

110,650

113,448

109,808

106,594

103,418

100,423

97,129

94,318

91,176

87,719

84,712

81,569

79,330

77,134

74,541

72,462

71,440

69,841

67,929

67,126

66,408

64,904

63,572

61,711

60,879

61,201

60,365

60,567

63,519

63,474

63,982

62,579

66,475

64,709

62,487

70,161

68,901

65,077

69,104

66,636

64,807

62,206

63,159

60,678

59,186

56,215

54,913

51,640

49,520

47,109

50,801

47,674

45,878

43,427

41,741

39,898

38,591

36,727

35,348

33,425

32,434

30,804

29,797

28,359

27,774

26,765

26,736

25,992

25,499

24,600

14,300

13,700

13,600

22,400

12,900

12,400

12,300

11,900

11,700

11,300

11,100

10,700

10,400

10,000

9,800

9,500

Accumulated Other Comprehensive Income

300
100
-200
200
100
-100
100
200
400
400
400
600
1,000
200
-1,600
-1,400
-3,800
-2,266
-2,174
-1,135
817
1,740
1,885
2,776
1,307
412
5,153
3,876
3,263
2,699
3,880
1,666
1,625
2,643
-2,024
1,130
-55
-1,779
-527
-1,261
-1,268
-2,276
-3,033
-840
-352
99
-1,606
-5
-48
-1,340
-3,101
-6,386
-1,918
-7,324
-3,334
-111
-841
-1,012
260
1,842
593
415
2,113
2,113
3,754
3,818
4,146
4,736
5,553
4,868
4,668
841
337
-21
1,223
1,922
2,676
2,072
1,641
191
-435
-456
-1,261
-120
-418
-3,262
-2,575
-306
389
1,732
-888
-986
-2,905
-1,016
1,114
2,221
3,846
2,535
831
3,322
4,190
5,445
8,818
7,101
5,088
5,482
-1,073
-7,474
-11,675
-11,479
-8,025
-8,735
-18,617
-7,485

-7,485

-18,617

-8,735

-8,025

-11,479

-11,675

-7,474

-1,073

5,482

5,088

7,101

8,818

5,445

4,190

3,322

831

2,535

3,846

2,221

1,114

-1,016

-2,905

-986

-888

1,732

389

-306

-2,575

-3,262

-418

-120

-1,261

-456

-435

191

1,641

2,072

2,676

1,922

1,223

-21

337

841

4,668

4,868

5,553

4,736

4,146

3,818

3,754

2,113

415

593

1,842

260

-1,012

-841

-111

-3,334

-7,324

-1,918

-6,386

-3,101

-1,340

-48

-5

-1,606

-352

-840

-3,033

-2,276

-1,268

-1,261

-527

-1,779

-55

1,130

-2,024

2,643

1,625

1,666

3,880

2,699

3,263

3,876

5,153

412

1,307

2,776

1,885

1,740

817

-1,135

-2,174

-2,266

-3,800

-1,400

-1,600

200

1,000

600

400

200

100

-100

100

200

-200

100

300

Capital Surplus

Treasury Stock

-653

-714

-772

-828

-884

-939

-53

-52

-1,098

-1,152

-1,260

-1,370

-1,476

-1,583

-1,684

-1,772

-1,867

-1,964

-2,017

-628

Other Stockholders Equity

500
500
500
500
500
500
1,900
1,900
1,800
1,700
9,100
9,000
10,300
9,100
10,000
9,900
12,100
7,879
7,971
8,945
10,782
11,690
11,836
10,500
9,032
8,137
12,877
11,579
7,638
3,184
3,187
3,187
3,218
3,231
4,369
4,394
-628
0
0
18,776,686
0
18,905,744
18,913,551
18,310,230
0
18,029
18,037
24,376
24,343
24,394
24,406
24,409
22,535
24,453
24,508
0
0
0
0
0
0
0
2,113
3,754
3,754
3,818
4,146
4,736
5,553
4,868
-1
841
337
-21
1,223
1,922
2,676
2,072
1,641
191
-2,017
-1,964
-1,867
-1,772
-1,684
-1,583
-1,476
-1,370
-1,260
-1,152
-1,098
-1,043
-989
-939
-884
-828
-772
-714
-653
-593
-532
-472
-410
-205,123
-212,791
-223,252
-225,871
-228,964
14,920
9,100
9,100
9,100
0
0

9,100

14,920

-228,964

-225,871

-223,252

-212,791

-205,123

-410

-472

-532

-593

-653

-714

-772

-828

-884

-939

-989

-1,043

-1,098

-1,152

-1,260

-1,370

-1,476

-1,583

-1,684

-1,772

-1,867

-1,964

-2,017

191

1,641

2,072

2,676

1,922

1,223

-21

337

841

-1

4,868

5,553

4,736

4,146

3,818

3,754

2,113

24,508

24,453

22,535

24,409

24,406

24,394

24,343

24,376

18,037

18,029

18,310,230

18,913,551

18,905,744

18,776,686

-628

4,394

4,369

3,231

3,218

3,187

3,184

7,638

11,579

12,877

8,137

9,032

10,500

11,836

11,690

10,782

8,945

7,971

7,879

12,100

9,900

10,000

9,100

10,300

9,000

9,100

1,700

1,800

1,900

500

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31
Accounts Payable	0	3,169,879	2,943,089	2,595,651	1,913,237	1,634,826	1,600,601	1,295,519	1,066,709	1,061,314	1,003,812	1,027,125	1,016,500	1,036,939	1,017,338	965,850	828,687	888,688	673,901	524,614	511,801	0	0	0	0	0	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-7,485	-11,479	5,482	5,445	2,535	-1,016	1,732	-3,262	-456	2,072	-21	4,868	3,818	593	-841	-1,918	-48	-352	-1,268	-55	1,625	3,263	1,307	817	-1,863	314	197	117	341
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	144,910	105,616	104,445	94,964	80,084	80,431	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	52,232	44,717	78,458	99,787	61,888	59,540	52,631	46,616	9,487	12,511	11,782	14,802	32,692	50,348	41,060	11,464	21,362	12,302	24,072	21,755	17,553	13,656	14,038	7,565	12,811	4,240	3,945	3,886	4,353
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	-21,834	449,918	479,561	385,914	338,243	352,687	381,354	313,158	290,279	295,344	300,562	296,341	32,692	50,348	41,060	11,464	21,362	12,302	24,072	21,755	17,553	13,656	14,038	7,565	12,811	4,240	3,945	3,886	4,353
Common Stock	129,990	90,696	312,553	94,964	80,084	80,431	81,098	46,757	45,741	32,670	24,664	24,520	24,518	24,508	24,508	24,453	24,391	18,021	18,857	18,123	8,917	4,452	4,452	2,226	2,226	1,501	1,042	957	957
Common Stock Shares Outstanding	14,249	12,822	13,003	12,975	12,575	12,425	11,949	10,717	10,715	10,627	10,529	10,506	9,124	8,126	8,132	8,149	7,992	7,861	7,886	8,062	7,740	7,717	7,683	15,415	7,860	7,480	3,476	3,314	3,314
Common Stock Total Equity	0	90,696	89,525	94,964	80,084	80,431	81,098	46,757	45,741	32,670	24,664	24,520	24,518	24,508	24,508	24,453	24,391	18,021	18,857	18,123	8,917	4,452	4,452	2,226	2,226	1,501	1,042	957	957
Current Deferred Revenue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	324,397	346,661	386,647	322,014	296,382	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	56,034	55,300	55,347	45,495	12,658	15,272	15,272	10,989	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	2,088	2,088	2,088	1,488	0	0	0	0	0	0	0	0
Intangible Assets	18,430	6,850	8,243	9,628	10,364	10,570	12,241	2,663	1,300	1,500	1,751	2,102	8,651	9,002	9,353	9,704	10,055	3,196	3,348	3,499	3,050	0	0	0	0	0	0	0	0
Inventory	1,830	-65,650	-98,894	-127,364	-89,603	21,437	21,538	24,516	25,572	38,056	53,713	56,398	63,938	70,578	40,294	17,201	3,435	41	16,980	14,920	7,330	0	0	0	0	0	0	0	0
Liabilities And Stockholders Equity	4,634,322	3,916,692	3,576,719	3,106,384	2,403,492	2,200,586	2,134,240	1,758,647	1,492,429	1,443,568	1,386,227	1,387,104	1,450,121	1,478,470	1,584,625	1,627,116	1,435,536	1,234,831	1,109,532	889,489	791,465	671,784	591,757	481,239	385,767	192,999	140,648	122,114	113,118
Long Term Debt	124,008	123,543	123,159	49,652	20,306	20,324	65,340	66,259	95,170	113,879	199,905	239,657	306,643	305,103	341,400	328,426	282,950	170,561	148,556	143,437	147,827	0	0	0	0	0	0	0	0
Long Term Debt Total	0	123,543	123,159	49,652	20,306	20,324	65,340	66,259	95,170	113,879	199,905	239,657	306,643	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	629,077	546,887	530,669	2,782,131	2,191,071	1,992,187	1,608,678	1,320,980	1,089,059	1,026,552	945,206	952,052	984,662	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	383,654	304,825	184,847	90,011	157,763	269,868	263,208	244,104	257,077	225,001	250,892	228,813	289,907	291,732	426,562	553,973	486,020	242,007	328,457	271,075	200,416	143,822	133,439	82,912	37,479	16,873	13,596	4,006	-3,603
Net Invested Capital	852,096	689,152	575,858	471,232	467,270	544,104	468,845	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	20,004	15,866	10,578	11,989	8,439	8,708	8,329	6,167	5,544	5,838	5,669	5,621	5,784	5,879	6,323	7,217	7,191	6,352	4,836	3,652	3,778	4,025	3,874	3,761	2,440	1,060	864	929	984
Net Tangible Assets	0	277,460	248,963	226,457	224,742	193,988	173,992	141,708	136,246	114,763	84,533	99,229	93,240	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	-3,390,813	239,785	349,993	257,757	147,337	1,523,459	1,481,861	1,220,774	1,005,668	1,005,843	1,007,260	1,058,478	1,097,685	1,150,123	1,205,637	1,091,256	931,230	900,887	677,295	533,223	485,445	424,595	151,393	104,958	40,016	-229,500	-117,991	-101,485	-95,663
Non Current Assets Total	4,558,357	116,131	650,630	493,701	343,545	373,177	405,379	316,873	318,811	316,775	325,167	325,626	336,480	326,765	329,249	382,760	332,251	273,516	250,209	235,636	256,305	226,998	16,264	15,881	12,951	36,581	30,618	32,474	34,661
Non Current Liabilities Other	0	42,741	42,852	39,355	22,840	16,522	16,295	17,048	15,412	13,098	8,669	7,809	8,456	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	727,336	3,336,163	123,159	49,652	20,306	20,324	20,340	21,259	23,170	41,879	127,905	167,657	306,643	340,498	417,881	412,337	335,327	193,881	170,501	172,201	168,255	137,287	123,400	81,100	17,900	16,500	2,800	3,500	800
Non Currrent Assets Other	118,045	-546,887	-650,630	-493,701	-343,545	16,498	14,934	12,942	8,949	6,183	7,815	14,658	8,651	9,002	9,353	9,704	10,055	3,197	3,348	3,499	3,050	3,201	3,352	3,634	3,954	-36,581	-30,618	-32,474	-34,661
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	3,334,777	2,435,950	2,214,780	1,713,265	2,573,763	2,539,619	2,075,520	1,811,240	1,760,343	1,711,394	1,712,730	1,786,601	1,805,235	1,913,874	2,009,876	1,767,787	1,508,347	1,359,741	1,125,125	1,047,771	898,783	0	0	0	151,119	105,220	84,825	73,120
Other Current Assets	75,965	65,650	98,894	127,364	89,603	1,466,014	1,339,178	1,122,449	877,795	825,611	754,829	759,516	1,075,165	1,095,478	1,207,993	1,225,675	1,074,732	942,661	830,415	628,445	513,828	427,105	557,581	454,032	357,565	0	0	0	0
Other Current Liab	3,162,489	3,169,879	-140,146	-140,146	-199,345	-5,134	-3,499	-3,461	-3,444	-2,683	-8,969	-958	1,016,500	0	-1	0	0	0	0	0	0	0	400,067	351,009	300,452	230,156	115,655	101,923	101,000
Other Liab	0	36,660	42,852	39,355	21,624	16,111	14,238	12,437	15,412	13,098	8,669	7,809	8,456	9,630	9,007	8,585	10,047	11,959	9,299	6,337	4,507	0	0	0	0	0	0	0	0
Other Stockholder Equity	0	14,920	-223,252	-472	-714	-939	-1,152	-1,583	-1,964	2,072	-21	4,868	3,818	0	0	24,453	24,391	0	0	-628	3,218	7,638	9,032	10,782	8,286	9,541	2,120	636	859
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	14,920	14,920	0	0	0	0	0	0	9,183	18,590	9,326	9,326	3,519	3,519	0	0	0	0	1,159	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	101,978	90,176	89,095	52,537	44,168	37,553	34,209	23,737	21,572	20,060	20,623	21,129	22,084	23,092	24,234	22,434	22,130	22,446	23,089	20,776	17,846	11,199	12,912	12,247	8,997	5,171	3,071	3,122	3,180
Property Plant And Equipment Net	71,738	53,981	56,371	52,537	44,168	37,553	34,209	23,737	21,572	20,060	20,623	21,129	22,084	23,092	24,234	22,434	22,130	22,446	23,089	20,776	17,846	11,199	12,912	12,247	8,997	5,171	3,071	3,122	3,180
Property Plant Equipment	0	53,981	56,371	52,537	44,168	37,553	34,209	23,737	21,572	20,060	20,623	21,129	22,084	23,092	24,234	22,434	22,130	22,446	23,089	20,776	17,846	0	0	0	0	0	0	0	0
Retained Earnings	302,783	260,393	217,770	181,643	165,859	141,354	119,827	113,448	100,423	87,719	77,134	69,841	64,904	61,201	63,474	64,709	65,077	62,206	56,215	47,109	43,427	36,727	30,804	26,765	24,570	13,103	11,898	10,711	9,513
Retained Earnings Total Equity	0	260,393	217,770	181,643	165,859	141,354	119,827	113,448	100,423	87,719	77,134	69,841	64,904	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	302,800	225,999	140,146	140,146	199,200	303,950	247,000	221,000	15,516	237,512	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	435,886	349,542	263,305	189,798	219,651	329,408	315,839	290,720	266,564	237,512	262,674	243,615	322,599	342,080	467,622	565,437	507,382	254,309	352,529	292,830	217,969	157,478	147,477	90,477	50,291	21,113	17,541	7,892	750
Short Term Debt	304,289	225,999	140,146	140,146	199,345	309,084	250,499	224,461	171,394	123,633	62,769	3,958	15,956	1,582	49,740	153,100	172,055	60,428	182,028	120,629	49,714	20,191	24,033	9,391	32,348	4,644	7,145	4,377	0
Short Term Investments	502,762	405,201	401,103	286,127	276,355	293,147	328,723	266,542	280,792	282,834	288,780	281,539	286,599	271,730	271,654	327,606	300,066	788	5,187	2,387	3,385	0	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	4,634,322	3,916,692	3,576,719	3,106,384	2,403,492	2,200,586	2,134,240	1,758,647	1,492,429	1,443,568	1,386,227	1,387,104	1,450,121	1,478,470	1,584,625	1,627,116	1,435,536	1,234,831	1,109,532	889,489	791,465	671,784	591,757	481,239	385,767	192,999	140,648	122,114	113,118
Total Current Assets	75,965	465,784	490,139	397,903	346,682	1,827,409	1,728,861	1,441,774	1,173,618	1,126,793	1,061,060	1,061,478	1,113,641	1,151,705	1,255,376	1,244,356	1,103,285	961,314	859,323	653,852	535,160	444,786	575,493	465,358	372,816	5,300	4,809	4,815	5,337
Total Current Liabilities	3,466,778	225,999	140,146	140,146	199,345	303,950	247,000	221,000	167,950	120,950	53,800	3,000	15,956	1,582	49,739	153,100	172,055	60,428	182,028	120,629	49,714	20,191	424,100	360,400	332,800	234,800	122,800	106,300	101,000
Total Liab	4,194,114	3,562,162	3,249,246	2,824,804	2,155,728	1,980,756	1,932,735	1,603,287	1,348,685	1,311,924	1,275,155	1,278,549	1,347,555	1,388,649	1,493,965	1,539,872	1,346,116	1,154,956	1,035,729	823,780	734,278	619,705	547,469	441,466	350,685	168,854	125,587	109,810	101,789
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	440,208	354,530	327,473	281,580	247,764	219,830	201,505	155,360	143,744	131,644	111,072	108,555	102,566	89,821	90,660	87,244	89,420	79,875	73,803	65,708	57,188	52,080	44,287	39,773	35,083	24,145	15,061	12,304	11,329
Treasury Stock	0	0	0	0	-714	-939	-1,152	-1,583	-1,964	0	0	0	0	0	0	0	0	0	0	-628	-628	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-08-09	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31
Accounts Payable	0	0	0	3,299,846	3,169,879	3,108,072	2,975,304	3,008,063	2,943,089	2,955,940	2,729,205	2,725,010	2,595,651	2,451,891	2,451,769	2,044,914	1,913,237	1,832,285	1,797,493	1,789,032	1,634,826	1,651,064	1,639,996	1,654,523	1,600,601	1,616,768	1,613,919	1,301,241	1,295,519	1,156,784	1,096,545	1,094,544	1,066,709	1,072,091	1,053,310	1,058,308	1,061,314	1,054,454	1,057,795	1,052,630	1,003,812	1,016,735	1,038,163	1,066,317	1,027,125	1,027,307	1,001,670	1,011,139	1,016,500	1,047,309	0	1,046,094	1,062,119	1,036,939	1,030,032	1,021,138	1,011,036	1,017,338	970,022	954,224	955,358	965,850	945,224	857,749	836,944	828,687	828,599	850,389	877,225	888,688	865,062	761,563	730,737	673,901	628,919	565,167	537,412	524,614	535,822	536,589	530,338	511,801	474,955	473,255	468,842	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-7,485	-18,617	-8,735	-8,025	-11,479	-11,675	-7,474	-1,073	5,482	5,088	7,101	8,818	5,445	4,190	3,322	831	2,535	3,846	2,221	1,114	-1,016	-2,905	-986	-888	1,732	389	-306	-2,575	-3,262	-418	-120	-1,261	-456	-435	191	1,641	2,072	2,676	1,922	1,223	-21	337	841	4,668	4,868	5,553	4,736	4,146	3,818	3,754	2,113	2,113	415	593	1,842	260	-1,012	-841	-111	-3,334	-7,324	-1,918	-6,386	-3,101	-1,340	-48	-5	-1,606	99	-352	-840	-3,033	-2,276	-1,268	-1,261	-527	-1,779	-55	1,130	-2,024	2,643	1,625	1,666	3,880	2,699	3,263	3,876	5,153	412	1,307	2,776	1,885	1,740	817	-1,135	-2,174	-2,266	-3,800	-1,400	-1,600	200	1,000	600	400	400	400	200	100	-100	100	200	-200	100	300
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	144,910	145,428	145,147	105,859	105,616	105,265	333,891	104,762	104,445	110,783	110,431	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	52,232	59,557	63,243	70,816	44,717	45,651	49,601	61,257	78,458	211,109	194,989	176,597	99,787	108,986	42,790	41,454	61,888	52,670	56,475	57,954	59,540	53,834	46,411	47,407	52,631	51,214	53,536	58,221	46,616	34,499	13,058	16,660	9,487	12,289	13,262	12,287	12,511	13,233	13,719	17,251	11,782	16,103	12,307	11,821	14,802	17,193	18,554	30,914	32,692	42,699	4,515	29,173	50,711	50,348	45,289	29,000	14,195	41,060	10,610	14,786	15,472	11,464	24,398	21,875	22,015	21,362	13,614	15,303	12,338	12,302	11,723	12,653	16,438	24,072	23,027	19,286	15,406	21,755	15,536	20,411	12,808	17,553	15,052	14,909	15,636	13,656	14,283	11,917	9,977	14,038	8,501	11,829	8,910	7,565	7,628	7,760	9,333	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	-21,834	570,960	575,281	502,749	449,918	429,616	417,650	436,112	479,561	635,850	540,731	487,981	385,914	406,975	365,329	346,499	338,243	318,017	326,395	355,080	352,687	341,874	329,632	344,297	381,354	379,940	390,347	340,249	313,158	296,601	274,691	288,175	290,279	284,416	289,923	294,422	295,344	295,634	301,602	299,116	300,562	307,361	303,487	294,875	296,341	17,193	18,554	30,914	32,692	42,699	335,141	29,173	50,711	50,348	45,289	29,000	14,195	41,060	10,610	14,786	15,472	11,464	24,398	21,875	22,015	21,362	13,614	15,303	12,338	12,302	11,723	12,653	16,438	24,072	23,027	19,286	15,406	21,755	15,536	20,411	12,808	17,553	15,052	14,909	15,636	13,656	14,283	11,917	9,977	14,038	8,501	11,829	8,910	7,565	7,628	7,760	9,333	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock	129,990	130,508	130,227	90,939	90,696	90,345	318,971	315,546	312,553	308,369	300,287	95,234	94,964	94,717	94,539	94,439	80,084	79,780	80,946	86,729	80,431	81,822	81,572	81,332	81,098	80,496	80,230	47,020	46,757	46,114	45,967	45,829	45,741	45,612	45,563	43,072	32,670	24,691	24,691	24,691	24,664	24,632	24,593	24,582	24,520	24,520	24,519	24,519	24,518	24,517	24,517	24,516	24,515	24,508	24,508	24,508	24,508	24,508	24,508	18,563	24,453	24,453	24,409	24,406	24,394	24,391	24,376	18,037	17,712	18,021	18,310	18,914	18,906	18,857	18,777	18,725	17,501	18,123	8,931	8,923	8,921	8,917	8,907	8,907	8,906	4,452	4,452	1,781	4,452	4,452	4,452	2,226	2,226	2,226	2,226	2,226	2,226	2,200	1,500	1,500	1,500	2,300	1,500	1,500	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000
Common Stock Shares Outstanding	14,719	14,714	14,704	12,830	12,838	12,836	12,810	12,802	12,976	13,019	13,014	13,002	12,980	12,950	12,944	13,029	12,459	12,468	12,600	12,779	12,408	12,439	12,432	12,384	12,372	12,319	12,299	10,738	10,762	10,727	10,701	10,679	10,669	10,712	10,676	11,483	10,903	10,538	10,539	10,537	10,532	10,529	10,527	10,520	10,507	10,507	9,770	10,505	10,505	8,875	0	8,126	8,126	8,126	8,128	8,126	8,126	8,126	8,141	8,133	8,137	8,137	8,147	8,150	8,205	8,205	8,093	7,905	7,490	7,906	8,050	7,790	7,931	7,871	7,891	7,885	7,847	7,847	7,893	7,799	7,777	7,777	7,780	7,736	7,725	7,725	30,957	30,954	7,731	7,731	7,691	7,679	61,451	7,681	7,747	7,711	7,747	7,180	7,180	7,180	7,180	4,740	4,740	4,770	3,300	3,300	3,300	3,070	3,030	3,030	3,030	3,030	3,030	3,030
Common Stock Total Equity	0	0	130,227	90,939	90,696	90,401	90,119	89,842	89,525	95,863	95,511	95,234	94,964	94,717	94,539	94,439	80,084	79,780	80,946	86,729	80,431	81,822	81,572	81,332	81,098	80,496	80,230	47,020	46,757	46,114	45,967	45,829	45,741	45,612	45,563	43,072	32,670	24,691	24,691	24,691	24,664	24,632	24,593	24,582	24,520	24,520	24,519	24,519	24,518	24,517	24,517	24,516	24,515	24,508	24,508	24,508	24,508	24,508	24,508	0	24,453	24,453	24,409	24,406	24,394	24,391	24,376	18,037	18,021	18,021	18,310	18,914	18,906	18,857	18,777	18,725	17,501	18,123	8,931	8,923	8,921	8,917	8,907	8,907	8,906	4,452	4,452	1,781	4,452	4,452	4,452	2,226	2,226	2,226	2,226	2,226	2,226	2,200	1,500	1,500	1,500	2,300	1,500	1,500	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000
Current Deferred Revenue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	340,317	324,397	320,752	327,466	353,845	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	56,034	56,034	56,035	55,300	55,300	55,347	55,347	55,347	55,347	55,347	45,016	45,016	45,495	38,145	38,146	23,480	12,658	12,417	12,417	15,272	15,272	15,272	15,272	15,272	15,272	15,273	15,464	11,020	10,989	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	0	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	6,198	2,088	-3,155,573	2,088	-3,231,074	-3,268,825	-3,306,575	2,088	-3,382,075	-3,419,825	-3,457,575	2,088	2,088,030	2,088	2,088	1,488	1,488	1,488	1,488	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	18,430	75,425	20,388	6,507	6,850	7,155	7,509	7,865	8,243	8,630	8,842	9,223	9,628	9,956	10,367	10,652	10,364	10,765	23,585	10,570	10,570	10,980	11,393	11,805	12,241	12,606	12,750	2,567	2,663	1,150	1,200	1,250	1,300	1,350	1,400	1,450	1,500	1,550	1,600	1,663	1,751	1,838	1,926	2,013	2,102	8,387	8,475	8,563	8,651	8,739	8,826	8,826	8,914	9,002	9,090	9,178	9,265	9,353	9,441	9,529	9,617	9,704	9,792	9,880	9,968	10,055	10,143	3,121	3,158,732	3,196	3,234,308	3,272,097	3,309,885	3,348	3,385,460	3,423,248	3,461,036	3,499	1,448,583	3,574	3,612	3,050	3,088	3,126	3,163	0	0	0	0	0	0	0	0	0	0	0	0	4,000	0	0	1,900	1,900	0	0	0	0	0	0	0	0	0	0	0	0
Inventory	1,830	-103,640	-104,383	-108,472	-65,650	-64,086	-66,714	6,900	9,858	12,450	13,170	13,918	15,588	17,831	17,954	18,336	19,293	20,995	21,402	24,427	21,437	22,022	21,618	21,663	21,470	22,842	24,646	23,663	24,680	24,767	23,670	25,294	26,346	29,796	31,500	34,453	38,056	47,571	49,196	52,241	53,713	45,905	48,338	54,773	56,398	56,246	60,690	62,710	63,938	63,629	0	66,593	67,363	70,578	69,651	70,003	50,991	40,294	31,444	21,276	9,134	17,201	2,610	3,614	2,672	3,435	2,406	3,187	42	41	6,759	10,060	12,686	16,980	13,557	17,980	16,359	14,920	12,853	16,082	10,071	7,330	2,546	7,382	4,154	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Liabilities And Stockholders Equity	4,634,322	4,604,208	4,552,270	3,977,407	3,916,692	3,887,299	3,762,799	3,643,691	3,576,719	3,508,951	3,272,533	3,248,135	3,106,384	2,946,862	2,861,351	2,513,322	2,403,492	2,323,609	2,299,114	2,249,641	2,200,586	2,138,727	2,107,652	2,134,895	2,134,240	2,101,136	2,095,300	1,776,442	1,758,647	1,657,636	1,565,181	1,508,568	1,492,429	1,469,304	1,479,969	1,460,492	1,443,568	1,428,669	1,435,958	1,406,117	1,386,227	1,387,787	1,369,970	1,390,198	1,387,104	1,404,086	1,416,441	1,444,365	1,450,121	1,464,584	1,464,584	1,467,986	1,482,195	1,478,470	1,496,412	1,519,606	1,536,496	1,584,625	1,577,793	1,583,910	1,598,968	1,627,116	1,567,325	1,525,978	1,465,110	1,435,536	1,340,679	1,279,720	1,253,925	1,234,831	1,210,491	1,179,648	1,137,692	1,109,532	1,029,103	946,487	907,264	889,489	862,246	849,555	809,117	791,465	744,173	716,194	710,763	671,784	669,382	620,817	603,289	591,757	546,881	516,338	505,711	481,239	454,334	428,555	417,449	385,800	284,200	271,800	205,800	287,300	190,900	182,800	139,500	140,700	135,500	133,700	132,400	122,100	120,000	116,000	113,500	113,100
Long Term Debt	124,008	123,892	123,776	123,660	123,543	123,427	123,311	123,260	123,159	49,739	49,710	49,681	49,652	20,292	20,297	20,301	20,306	20,311	20,315	20,319	20,324	20,328	40,332	65,336	65,340	65,344	65,348	65,804	66,259	93,735	94,214	94,692	95,170	95,648	98,625	101,602	113,879	114,855	158,331	159,881	199,905	199,929	199,954	199,977	239,657	240,133	290,024	303,510	306,643	308,420	308,420	319,020	319,905	340,498	366,037	397,564	397,724	417,881	433,037	432,391	430,687	412,337	434,016	419,775	431,918	335,327	283,268	234,476	201,814	193,881	163,864	167,168	183,137	170,501	179,383	176,796	165,384	172,201	178,334	176,248	169,608	168,255	169,026	159,259	156,213	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Debt Total	0	0	123,776	123,660	123,543	123,427	123,311	123,260	123,159	49,739	49,710	49,681	49,652	20,292	20,297	20,301	20,306	20,311	20,315	20,319	20,324	20,328	40,332	65,336	65,340	65,344	65,348	65,804	66,259	93,735	94,214	94,692	95,170	95,648	98,625	101,602	113,879	114,855	158,331	159,881	199,905	199,929	199,954	199,977	239,657	240,133	290,024	303,510	306,643	308,420	308,420	319,020	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	629,077	656,938	654,070	570,178	546,887	3,579,628	503,399	503,992	530,669	535,311	444,737	424,700	2,782,131	402,893	415,951	317,496	2,191,071	280,456	284,472	310,156	1,992,187	1,647,327	1,630,352	1,644,389	1,608,678	1,571,718	1,553,128	1,306,415	1,320,980	1,247,787	1,179,201	1,107,499	1,089,059	1,069,447	1,073,055	1,047,001	1,026,552	1,001,059	1,000,665	969,324	945,206	947,775	934,470	958,866	952,052	957,246	966,422	977,265	984,662	984,671	984,671	992,483	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	383,654	322,389	292,683	192,994	304,825	350,924	365,157	202,149	184,847	-21,224	-5,133	13,229	90,011	81,451	68,452	140,592	157,763	174,335	189,183	148,657	269,868	204,897	196,350	211,442	263,208	217,118	217,540	236,451	244,104	293,893	286,708	231,480	257,077	228,650	259,962	238,300	225,001	229,054	236,341	211,604	250,892	237,989	204,409	194,116	228,813	243,897	282,427	288,552	289,907	266,676	0	291,894	271,073	291,732	322,358	371,303	410,985	426,560	496,160	522,323	535,695	553,973	507,934	545,800	503,853	486,020	394,353	320,074	269,363	242,007	242,562	318,700	303,181	328,457	296,036	285,484	279,675	271,075	240,316	227,187	199,347	200,416	195,023	168,571	168,606	143,822	135,479	136,316	142,698	133,439	102,792	90,736	87,745	82,912	82,807	73,597	58,458	50,300	35,500	37,100	29,300	21,100	17,900	14,900	16,000	17,500	14,200	13,900	15,800	7,900	3,600	3,900	1,700	800
Net Invested Capital	852,096	783,478	754,180	618,436	689,152	723,329	733,729	578,952	575,858	498,254	490,143	189,826	471,232	461,591	374,528	437,926	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	20,004	19,789	18,199	16,264	15,866	13,242	11,794	11,022	10,578	10,484	10,397	10,654	11,989	10,978	11,205	9,043	8,439	8,704	8,909	8,828	8,708	8,630	8,425	8,346	8,329	7,979	7,570	6,024	6,167	5,470	5,352	5,230	5,544	5,295	5,473	5,564	5,838	5,467	5,683	5,410	5,669	5,364	5,718	5,543	5,621	5,352	5,515	5,269	5,784	5,395	5,395	5,743	5,797	5,879	5,962	6,108	6,519	6,323	6,666	6,760	6,991	7,217	7,082	7,614	6,851	7,191	7,239	6,812	6,656	6,352	6,079	5,025	4,857	4,836	4,392	3,940	3,943	3,652	3,762	3,593	3,772	3,778	3,564	3,677	4,096	4,025	4,210	3,954	4,289	3,874	3,973	3,880	4,021	3,761	3,733	3,190	3,036	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Tangible Assets	0	0	321,831	292,819	277,460	264,252	256,115	252,334	248,963	244,392	246,429	239,206	226,457	223,862	214,918	221,893	224,742	219,240	212,116	204,281	193,988	187,304	183,214	177,932	173,992	170,903	164,918	140,032	141,708	146,472	143,271	138,671	136,246	132,741	132,474	128,241	114,763	104,331	91,101	88,100	84,533	91,474	89,772	100,690	99,229	98,002	96,381	95,073	93,240	91,843	91,843	88,340	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	-3,390,813	312,906	343,131	362,599	239,785	169,710	138,144	307,134	350,139	316,472	234,846	202,770	-120,478	185,224	259,516	171,121	-171,063	79,875	66,967	133,927	-280,889	72,752	100,060	124,278	-237,359	146,425	151,425	81,978	-216,738	61,439	69,046	130,750	-164,325	139,804	114,962	149,999	-117,222	166,801	211,265	231,102	-50,358	255,993	285,434	286,543	833	280,139	287,975	285,374	-11,558	2,641	2,468	304,017	301,421	3,070	276,806	266,530	246,791	-2,356	-56,457	195,590	197,575	-141,744	238,805	165,892	218,895	-150,770	175,264	180,635	276,981,611	-41,775	263,924,627	255,772,369	253,305,841	-153,120	240,840,197	230,317,857	226,280,132	-95,222	225,759,602	-47,346	-25,967	-28,383	-22,433	-5,635	-8,297	-2,510	172,634	166,238	162,532	151,393	126,920	117,084	113,265	104,958	33,671	33,611	37,091	40,000	0	0	115,100	43,800	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Assets Total	4,558,357	795,084	791,460	686,476	116,131	640,958	621,289	622,917	650,630	654,713	562,360	529,145	507,886	501,336	512,271	398,059	356,517	346,143	350,639	377,547	373,177	365,412	358,747	372,539	405,379	402,995	412,250	335,320	316,873	304,434	302,669	310,651	318,811	307,148	313,332	317,238	316,775	317,673	323,418	316,793	325,167	328,078	327,651	325,266	325,626	337,743	336,602	340,663	336,480	343,543	1,124,048	348,170	346,894	326,765	324,336	315,917	319,839	329,249	342,490	346,572	352,730	382,760	359,734	339,079	334,052	332,251	311,436	284,780	283,510	273,516	273,071	265,207	260,935	250,209	240,306	233,499	233,375	235,636	233,678	237,338	238,803	256,305	241,171	232,979	246,009	226,998	16,348	16,479	16,257	16,264	16,161	15,955	15,946	15,881	15,463	14,344	13,458	13,000	0	-100	8,700	8,700	0	100	0	100	-100	0	0	0	0	0	0	0
Non Current Liabilities Other	0	0	48,136	44,205	42,741	40,978	38,846	41,756	42,852	39,837	38,265	39,854	39,355	33,235	34,909	30,337	22,840	21,897	20,262	20,368	16,522	15,376	15,016	16,514	16,295	17,254	17,173	26,910	17,048	18,640	18,200	19,765	15,412	15,985	13,363	15,708	13,098	10,566	10,638	10,105	8,669	8,155	7,880	7,928	7,809	8,361	8,083	9,361	8,456	8,976	8,976	8,966	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	727,336	123,892	123,776	140,150	3,336,163	273,148	123,311	123,260	123,159	49,739	49,710	49,681	49,652	49,628	20,297	20,301	20,306	20,311	20,315	20,319	20,324	20,328	20,332	20,336	20,340	20,344	20,348	20,804	21,259	21,735	22,214	22,692	23,170	23,648	26,625	29,602	41,879	42,855	86,331	87,881	127,905	127,929	127,954	127,977	167,657	240,133	290,024	303,510	306,643	308,420	317,396	319,020	319,905	340,498	366,037	397,564	397,724	417,881	433,037	432,391	430,687	412,337	434,016	419,775	431,918	335,327	283,268	234,476	201,814	193,881	163,864	167,168	183,136	170,501	179,383	176,796	165,384	172,201	178,334	176,248	169,608	168,255	169,026	159,260	156,213	137,287	137,600	134,600	133,800	123,400	98,300	90,600	87,500	81,100	11,200	11,800	14,900	17,900	20,700	20,800	17,900	16,500	13,100	9,000	10,300	10,400	9,200	8,500	9,000	3,500	1,700	1,700	1,700	800
Non Currrent Assets Other	118,045	-795,084	-791,460	-686,476	-546,887	4,804	101,287	126,351	-595,507	10,649	10,661	10,776	14,185	10,766	8,875	11,804	12,972	14,022	23,585	29,349	16,498	14,232	12,844	13,018	14,934	12,170	13,991	13,328	12,942	13,182	12,233	10,099	8,949	7,016	8,583	7,247	6,183	7,392	7,436	6,610	7,815	8,004	7,411	12,977	14,658	16,099	8,475	8,563	8,651	8,739	117,043	8,826	8,914	9,002	9,090	9,178	9,265	9,353	-309,158	-337,043	-343,113	9,704	9,792	9,880	9,968	10,055	10,143	3,121	3,159	3,197	3,234	3,272	3,310	3,348	3,385	3,423	3,461	3,499	3,537	3,574	3,612	3,050	3,088	3,126	3,163	3,201	3,239	3,277	3,314	3,352	3,423	3,493	3,564	3,634	3,705	3,776	3,871	0	-7,000	-7,000	-5,200	0	-5,100	-4,700	-8,400	-8,400	-8,300	-8,400	-3,600	-3,100	-3,100	-3,100	-3,200	-3,200
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	3,238,164	3,185,529	2,788,182	3,334,777	2,803,483	2,712,066	2,573,640	2,435,950	2,397,766	2,335,327	2,376,220	2,578,976	2,120,302	1,998,764	1,782,542	2,018,838	1,691,041	1,656,165	1,551,875	1,804,348	1,467,263	1,448,945	1,448,078	1,719,220	1,352,216	1,329,375	1,133,744	1,437,512	1,060,563	991,366	917,167	1,169,993	880,502	880,515	851,705	1,123,065	819,195	815,225	798,222	1,057,618	758,516	741,085	772,429	1,057,645	765,247	780,907	802,372	1,109,243	1,121,041	0	813,752	832,001	1,147,053	893,660	934,420	942,410	1,207,993	1,218,027	937,030	928,183	1,233,000	870,470	873,107	818,213	1,082,000	729,280	713,404	-276,091,082	942,661	-263,077,630	-255,022,113	-252,565,567	830,415	-240,191,081	-229,732,843	-225,735,940	628,445	-225,208,552	588,213	553,735	513,828	484,386	464,629	445,022	427,105	0	0	0	0	0	0	0	0	0	0	0	0	284,200	271,900	205,800	0	190,900	182,700	139,500	140,600	135,600	133,700	132,400	122,100	120,000	116,000	113,500	113,100
Other Current Assets	75,965	83,851	86,184	92,208	65,650	64,086	66,714	11,287	2,446,528	2,207,904	2,159,045	2,220,355	-336,015	-401,696	15,245	9,690	11,750	9,791	9,223	9,261	10,711	8,978	8,560	8,567	8,329	8,199	8,624	6,196	6,343	0	0	0	6,323	0	0	0	6,365	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	634,540	588,467	572,766	557,581	518,247	484,675	476,835	454,032	427,509	403,261	391,622	372,800	0	0	0	278,600	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Liab	3,162,489	-258,054	-232,150	-140,150	163,500	-273,148	-147	-146	-146	-146	-146	-145	-146	-145	-145	-145	-145	-144	1,797,493	1,789,032	-5,134	-5,103	-2,529	-3,513	-3,499	-3,488	-3,478	-3,468	-3,461	-3,457	-3,452	-3,448	-3,444	-3,441	-3,439	-7,435	-2,683	-2,432	-5,679	-8,974	-8,969	-8,963	-962	1,066,317	-958	1,027,307	1,001,670	1,011,139	1,016,500	1,047,309	1,047,309	1,046,094	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	468,235	424,468	405,639	400,067	390,811	371,335	367,339	351,009	325,942	311,009	313,964	332,800	239,200	227,400	163,500	234,800	153,800	150,400	113,800	115,200	111,500	110,900	110,900	106,300	106,200	103,000	100,400	101,000
Other Liab	0	0	0	44,205	36,660	40,978	38,846	41,756	42,852	39,837	38,265	35,957	39,355	30,124	31,798	27,226	21,624	21,332	19,783	19,827	16,111	15,376	15,016	16,514	16,295	17,254	17,173	26,910	17,048	18,640	18,200	19,765	15,412	15,985	13,363	15,708	13,098	10,566	10,638	10,105	8,669	8,155	7,880	7,928	7,809	8,361	8,083	9,361	8,456	8,976	0	8,966	8,964	9,630	8,499	9,311	9,746	9,007	9,064	8,824	8,839	8,585	9,259	9,088	10,343	10,047	10,638	10,887	12,065	11,959	10,513	10,173	11,520	9,299	8,691	6,712	8,371	6,337	5,283	6,393	5,951	4,507	3,642	3,586	4,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Stockholder Equity	0	0	9,100	9,100	9,100	14,920	-228,964	-225,871	-223,252	-212,791	-205,123	-410	-472	-532	-593	-653	-714	-772	-828	-884	-939	-989	-1,043	-1,098	-1,152	-1,260	-1,370	-1,476	-1,583	-1,684	-1,772	-1,867	-1,964	-2,017	191	1,641	2,072	2,676	1,922	1,223	-21	337	841	-1	4,868	5,553	4,736	4,146	3,818	3,754	3,754	2,113	0	0	0	0	0	0	0	24,508	24,453	22,535	24,409	24,406	24,394	24,343	24,376	18,037	18,029	0	18,310,230	18,913,551	18,905,744	0	18,776,686	0	0	-628	4,394	4,369	3,231	3,218	3,187	3,187	3,184	7,638	11,579	12,877	8,137	9,032	10,500	11,836	11,690	10,782	8,945	7,971	7,879	12,100	9,900	10,000	9,100	10,300	9,000	9,100	1,700	1,800	1,900	1,900	500	500	500	500	500	500
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	14,920	14,920	14,920	14,920	14,920	14,920	14,920	14,920	14,920	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	9,183	9,283	18,566	18,566	18,590	9,295	9,315	9,326	9,326	9,326	9,326	9,326	9,326	7,081	7,081	3,519	3,519	3,519	3,519	3,519	3,519	3,519	3,558	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,158	1,159	33	33	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	101,978	0	0	0	90,176	0	0	0	0	0	53,104	53,289	52,537	52,880	51,847	47,078	44,168	43,592	42,896	38,475	37,553	36,888	36,017	35,554	34,209	34,220	33,234	26,377	23,737	21,802	21,405	21,589	21,572	20,457	20,490	20,208	20,060	20,131	20,301	20,457	20,623	20,780	20,936	21,024	21,129	21,264	21,470	21,756	22,084	22,334	0	22,587	22,784	23,092	23,402	23,762	24,001	24,234	23,891	23,776	23,407	22,434	22,294	21,967	22,055	22,130	22,004	22,133	22,179	22,446	23,505	23,553	23,820	23,089	21,164	20,515	20,690	20,776	20,439	20,120	19,459	17,846	14,477	12,316	11,286	11,199	13,109	13,203	12,943	12,912	12,738	12,461	12,382	12,247	11,758	10,569	9,587	9,000	7,000	7,000	5,200	6,800	5,100	4,700	3,000	3,100	3,100	3,200	3,100	3,100	3,100	3,100	3,200	3,200
Property Plant And Equipment Net	71,738	62,721	60,967	54,491	53,981	54,628	55,034	55,713	56,371	56,818	53,104	53,289	52,537	52,880	51,847	47,078	44,168	43,592	42,896	39,345	37,553	36,888	36,017	35,554	34,209	34,220	33,234	26,377	23,737	21,802	21,405	21,589	21,572	20,457	20,490	20,208	20,060	20,132	20,301	20,457	20,623	20,780	20,936	21,023	21,129	21,265	21,470	21,756	22,084	22,334	0	22,587	22,784	23,092	23,402	23,762	24,001	24,234	23,891	23,776	23,407	22,434	22,294	21,967	22,055	22,130	22,004	22,133	22,179	22,446	23,505	23,553	23,820	23,089	21,164	20,515	20,690	20,776	20,439	20,120	19,459	17,846	14,477	12,316	11,286	11,199	13,109	13,203	12,943	12,912	12,738	12,461	12,382	12,247	11,758	10,569	9,587	9,000	7,000	7,000	5,200	6,800	5,100	4,700	3,000	3,100	3,100	3,200	3,100	3,100	3,100	3,100	3,200	3,200
Property Plant Equipment	0	0	60,967	54,491	53,981	54,628	55,034	55,713	56,371	56,818	53,104	53,289	52,537	52,880	51,847	47,078	44,168	43,592	42,896	38,475	37,553	36,888	36,017	35,554	34,209	34,220	33,234	26,377	23,737	21,802	21,405	21,589	21,572	20,457	20,490	20,208	20,060	20,131	20,301	20,457	20,623	20,780	20,936	21,024	21,129	21,264	21,470	21,756	22,084	22,334	22,334	22,587	22,784	23,092	23,402	23,762	24,001	24,234	23,891	23,776	23,407	22,434	22,294	21,967	22,055	22,130	22,004	22,133	22,179	22,446	23,505	23,553	23,477	23,089	21,164	20,515	20,690	20,776	20,439	20,120	19,458	17,846	14,477	12,315	11,286	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	302,783	289,641	276,762	271,712	260,393	248,084	236,438	226,944	217,770	207,703	198,022	189,803	181,643	173,588	166,163	161,408	165,859	159,568	153,362	146,671	141,354	135,628	130,336	125,663	119,827	119,157	114,578	110,650	113,448	109,808	106,594	103,418	100,423	97,129	94,318	91,176	87,719	84,712	81,569	79,330	77,134	74,541	72,462	71,440	69,841	67,929	67,126	66,408	64,904	63,572	63,572	61,711	60,879	61,201	60,365	60,567	63,519	63,474	63,982	62,579	66,475	64,709	62,487	70,161	68,901	65,077	69,104	66,636	64,807	62,206	63,159	60,678	59,186	56,215	54,913	51,640	49,520	47,109	50,801	47,674	45,878	43,427	41,741	39,898	38,591	36,727	35,348	33,425	32,434	30,804	29,797	28,359	27,774	26,765	26,736	25,992	25,499	24,600	14,300	13,700	13,600	22,400	12,900	12,400	12,300	11,900	11,700	11,300	11,100	10,700	10,400	10,000	9,800	9,500
Retained Earnings Total Equity	0	0	276,762	271,712	260,393	248,084	236,438	226,944	217,770	207,703	198,022	189,803	181,643	173,588	166,163	161,408	165,859	159,568	153,362	146,671	141,354	135,628	130,336	125,663	119,827	119,157	114,578	110,650	113,448	109,808	106,594	103,418	100,423	97,129	94,318	91,176	87,719	84,712	81,569	79,330	77,134	74,541	72,462	71,440	69,841	67,929	67,126	66,408	64,904	63,572	63,572	61,711	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	302,800	258,054	232,150	140,150	225,999	273,148	291,447	140,146	140,146	140,146	140,146	140,145	140,146	140,000	90,800	161,600	199,200	206,550	225,343	186,292	429	4	12,167	258,849	2,057	268,332	271,076	228,868	5,514	234,657	205,553	153,448	266,564	0	0	0	237,512	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	435,886	381,946	355,926	263,810	349,542	396,575	414,758	263,406	263,305	189,885	189,856	189,826	189,798	190,437	111,242	182,046	219,651	227,005	245,658	206,611	329,408	258,731	242,761	258,849	315,839	268,332	271,076	294,672	290,720	328,392	299,766	248,140	266,564	240,939	273,224	250,587	237,512	242,287	250,060	228,855	262,674	254,092	216,716	205,937	243,615	261,090	300,981	319,466	322,599	309,375	284,678	321,067	321,784	342,080	367,647	400,303	425,180	467,620	506,770	537,109	551,167	565,437	532,332	567,675	525,868	507,382	407,967	335,377	281,701	254,309	254,286	331,353	319,619	352,529	319,063	304,770	295,081	292,830	255,852	247,598	212,155	217,969	210,075	183,480	184,243	157,478	149,762	148,233	152,674	147,477	111,293	102,565	96,655	90,477	90,435	81,357	67,791	50,300	35,500	37,100	29,300	21,100	17,900	14,900	16,000	17,500	14,200	13,900	15,800	7,900	3,600	3,900	1,700	800
Short Term Debt	304,289	258,054	232,150	140,150	225,999	273,148	291,447	140,146	140,146	140,146	140,146	140,145	140,146	140,145	90,945	161,745	199,345	206,694	225,343	186,292	309,084	238,403	202,429	193,513	250,499	202,988	205,728	228,868	224,461	234,657	205,552	153,448	171,394	145,291	174,599	148,985	123,633	127,432	91,729	68,974	62,769	54,163	16,762	5,960	3,958	20,957	10,957	15,956	15,956	955	2,047	2,047	1,879	1,582	1,610	2,739	27,456	49,739	73,733	104,718	120,480	153,100	98,316	147,900	93,950	172,055	124,699	100,901	79,886	60,428	90,422	164,185	136,483	182,028	139,681	127,974	129,697	120,629	77,518	71,350	42,547	49,714	41,049	24,220	28,029	20,191	12,165	13,632	18,861	24,033	12,989	11,965	9,161	9,391	79,258	69,591	52,936	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Term Investments	502,762	511,403	512,038	431,933	405,201	383,965	368,049	374,855	401,103	424,741	345,742	311,384	286,127	297,989	322,539	305,045	276,355	265,347	269,920	297,126	293,147	288,040	283,221	296,890	328,723	328,726	336,811	282,028	266,542	262,102	261,633	271,515	280,792	272,127	276,661	282,135	282,834	282,401	287,883	281,865	288,780	291,258	291,180	283,054	281,539	291,992	289,151	292,002	286,599	292,442	292,442	295,806	293,240	45,696	267,856	258,971	262,565	34,247	0	289,267	295,706	110	305,962	284,401	284,082	258	279,289	259,526	258,172,895	788	246,331,602	238,381,668	233,804,893	5,187	215,757,195	209,561,053	209,223,443	2,387	209,702,259	0	0	3,385	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	4,634,322	4,604,208	4,552,270	3,977,407	3,916,692	3,887,299	3,762,799	3,643,691	3,576,719	3,508,951	3,272,533	3,248,135	3,106,384	2,946,862	2,861,351	2,513,322	2,403,492	2,323,609	2,299,114	2,249,641	2,200,586	2,138,727	2,107,652	2,134,895	2,134,240	2,101,136	2,095,300	1,776,442	1,758,647	1,657,636	1,565,181	1,508,568	1,492,429	1,469,304	1,479,969	1,460,492	1,443,568	1,428,669	1,435,958	1,406,117	1,386,227	1,387,787	1,369,970	1,390,198	1,387,104	1,404,086	1,416,441	1,444,365	1,450,121	1,464,584	1,467,986	1,467,986	1,482,195	1,478,470	1,496,412	1,519,606	1,536,496	1,584,625	1,577,793	1,583,910	1,598,968	1,627,116	1,567,325	1,525,978	1,465,110	1,435,536	1,340,679	1,279,720	1,253,925	1,234,831	1,210,491	1,179,648	1,137,692	1,109,532	1,029,103	946,487	907,264	889,489	862,246	849,555	809,117	791,465	744,173	716,194	710,763	671,784	669,382	620,817	603,289	591,757	546,881	516,338	505,711	481,239	454,334	428,555	417,449	385,800	284,200	271,800	205,800	287,300	190,900	182,800	139,500	140,700	135,500	133,700	132,400	122,100	120,000	116,000	113,500	113,100
Total Current Assets	75,965	570,960	575,281	502,749	465,784	442,858	429,444	447,134	490,139	456,472	374,846	342,770	19,522	325,224	350,316	332,721	28,137	286,425	292,310	320,219	23,061	306,052	299,960	314,278	9,641	345,925	353,675	307,378	4,262	292,639	271,146	280,750	3,625	281,654	286,122	291,549	3,728	291,801	297,315	291,102	3,442	301,193	301,234	292,503	3,833	301,096	298,932	301,330	4,398	3,596	4,515	306,064	303,300	4,652	278,416	269,269	274,247	47,383	17,276	300,308	318,055	11,356	337,121	313,792	312,845	21,285	299,963	281,536	277,061,497	18,653	264,015,049	255,936,554	253,442,324	28,908	240,979,878	230,445,831	226,409,829	25,407	225,837,120	24,004	16,580	21,331	18,616	18,586	19,732	17,681	653,034	604,338	587,032	575,493	530,720	500,384	489,765	465,358	438,871	414,211	403,991	372,800	0	0	278,600	278,600	0	0	0	0	0	0	0	0	0	0	0	0
Total Current Liabilities	3,466,778	258,054	232,150	140,150	225,999	273,148	291,300	140,000	140,000	140,000	140,000	140,000	140,000	140,000	90,800	161,600	199,200	206,550	225,343	186,292	303,950	233,300	199,900	190,000	247,000	199,500	202,250	225,400	221,000	231,200	202,100	150,000	167,950	141,850	171,160	141,550	120,950	125,000	86,050	60,000	53,800	45,200	15,800	5,960	3,000	20,957	10,957	15,956	15,956	955	2,047	2,047	1,879	1,582	1,610	2,739	27,456	49,739	73,733	104,718	120,480	153,100	98,316	147,900	93,950	172,055	124,699	100,901	79,886	60,428	90,422	164,185	136,483	182,028	139,681	127,974	129,697	120,629	77,518	71,350	42,547	49,714	41,049	24,220	28,029	20,191	480,400	438,100	424,500	424,100	403,800	383,300	376,500	360,400	405,200	380,600	366,900	332,800	239,200	227,400	163,500	234,800	153,800	150,400	113,800	115,200	111,500	110,900	110,900	106,300	106,200	103,000	100,400	101,000
Total Liab	4,194,114	4,187,756	4,139,096	3,607,861	3,562,162	3,545,625	3,428,908	3,313,225	3,249,246	3,185,662	2,957,326	2,954,690	2,824,804	2,674,899	2,597,920	2,257,297	2,155,728	2,081,187	2,063,413	2,016,011	1,980,756	1,925,171	1,897,773	1,929,886	1,932,735	1,902,354	1,902,168	1,622,823	1,603,287	1,503,817	1,414,512	1,362,439	1,348,685	1,329,015	1,339,897	1,324,603	1,311,924	1,307,307	1,318,493	1,291,590	1,275,155	1,278,982	1,262,759	1,280,183	1,278,549	1,296,758	1,310,734	1,339,966	1,347,555	1,365,660	1,376,127	1,376,127	1,392,867	1,388,649	1,406,178	1,430,752	1,445,962	1,493,965	1,485,856	1,500,157	1,515,364	1,539,872	1,486,815	1,434,512	1,373,155	1,346,116	1,247,204	1,196,653	1,170,990	1,154,956	1,129,861	1,103,089	1,061,875	1,035,729	956,674	876,649	840,864	823,780	796,956	790,580	748,444	734,278	688,672	660,321	657,384	619,705	618,003	572,734	558,266	547,469	502,132	473,917	464,020	441,466	416,427	392,366	381,845	350,700	259,900	248,200	181,400	251,300	166,900	159,400	124,100	125,600	120,700	119,400	119,900	109,800	107,900	104,700	102,100	101,800
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	440,208	416,452	413,174	369,546	354,530	341,674	333,891	330,466	327,473	323,289	315,207	293,445	281,580	271,963	263,431	256,025	247,764	242,422	235,701	233,630	219,830	213,556	209,879	205,009	201,505	198,782	193,132	153,619	155,360	153,819	150,669	146,129	143,744	140,289	140,072	135,889	131,644	121,362	117,465	114,527	111,072	108,805	107,211	110,015	108,555	107,328	105,707	104,399	102,566	98,924	102,486	91,859	89,328	89,821	90,234	88,854	90,534	90,660	91,937	83,753	83,604	87,244	80,510	91,466	91,955	89,420	93,475	83,067	82,935	79,875	80,630	76,559	75,816	73,803	72,429	69,838	66,400	65,708	65,289	58,975	60,674	57,188	55,502	55,873	53,379	52,080	51,379	48,083	45,023	44,287	44,749	42,421	41,691	39,773	37,907	36,189	35,604	35,100	24,300	23,600	24,400	36,000	24,000	23,400	15,400	15,100	14,800	14,300	12,500	12,300	12,100	11,300	11,400	11,300
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-653	-714	-772	-828	-884	-939	-53	-52	-1,098	-1,152	-1,260	-1,370	-1,476	-1,583	-1,684	-1,772	-1,867	-1,964	-2,017	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-628	-628	-628	-628	-628	-628	-628	-628	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31
Begin Period Cash Flow	44,717	78,458	99,787	61,888	59,540	52,631	46,616	9,487	12,510	11,782	14,802	32,692	4,652	6,813	11,356	21,285	12,031	22,536	19,416	14,412	11,470	11,776	7,092	7,010	4,992	3,945	3,163	2,192	2,153
Capital Expenditures	7,121	1,346	4,537	8,637	9,218	5,545	6,185	1,857	2,588	511	677	343	384	426	3,409	1,940	1,017	1,475	3,995	4,463	8,273	1,125	1,706	4,205	1,810	935	238	224	1,428
Cash And Cash Equivalents Changes	0	-33,741	-21,329	37,899	2,348	6,909	6,015	37,129	-3,023	728	-3,020	-17,890	-254	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	-234	-2,071	-1,257	-865	-900	-383	-938	-877	207	2,841	-1,926	-1,189	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	7,515	-33,741	-21,329	37,899	2,348	6,909	6,015	37,129	-3,023	728	-3,020	-17,890	-254	-2,161	-4,543	-9,929	9,254	-10,505	3,120	5,004	2,942	-306	4,684	82	2,018	295	783	971	39
Change In Working Capital	3,530	-1,590	1,971	56	5,310	2,686	76	1,679	-127	1,296	3,291	-3,654	-1,719	2,984	-4,925	671	4,129	15,830	-109	549	512	-874	635	-777	-975	938	669	850	663
Change Receivables	0	-5,288	1,563	-1,996	699	-378	-1,102	-254	293	-169	-48	163	94	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	-2,638	-5,288	1,563	-1,996	699	-378	-1,102	-254	293	-169	-48	163	94	444	894	0	0	0	0	126	0	0	0	0	0	0	0	0	0
Change To Inventory	0	0	0	0	0	0	25	29	0	0	0	0	343	0	1,010	459	7,413	15,920	8,546	1,162	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	3,264	269	1,738	4,478	3,384	510	2,827	657	1,520	861	-1,259	564	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	7,192	6,849	6,964	-1,829	1,092	5,946	-1,518	1,254	6,335	9,252	13,147	11,141	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	3,698	408	2,052	4,611	3,064	1,178	1,933	-1,452	378	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	7,183	5,048	5,150	4,882	4,315	3,839	3,297	1,471	1,276	1,074	1,161	1,286	1,756	1,929	1,963	1,446	1,611	1,997	1,681	2,532	2,571	1,590	893	849	892	330	235	212	154
Dividends Paid	-12,849	10,593	9,611	8,786	7,361	6,545	5,238	4,272	3,521	774	776	731	297	297	445	2,668	2,462	2,276	2,136	1,828	1,508	1,315	1,228	1,055	832	528	333	291	257
End Period Cash Flow	52,232	44,717	78,458	99,787	61,888	59,540	52,631	46,616	9,487	12,510	11,782	14,802	4,398	4,652	6,813	11,356	21,285	12,031	22,536	19,416	14,412	11,470	11,776	7,092	7,010	4,240	3,945	3,163	2,192
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	66,531	66,598	57,309	36,044	31,709	32,976	18,188	21,353	21,060	25,091	27,490	21,403	17,848	20,673	16,906	20,365	12,292	20,483	9,454	2,042	-2,265	8,020	5,354	-641	1,854	1,545	2,256	1,295	182
Investments	-158,034	-389,610	-418,248	-312,639	-101,608	-67,293	-24,466	-162,851	-69,625	-78,433	-31,221	15,805	9,925	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	206	203	15,214	178	159	237	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	85,832	74,980	-60,598	-109,757	13,569	17,811	24,157	29,052	-25,162	19,013	-78,984	-19,481	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	55,239	53,216	45,738	31,326	31,866	28,072	11,915	17,297	16,102	11,356	8,068	5,713	4,074	-1,975	-716	2,300	6,456	8,267	11,242	10,608	8,208	7,238	5,266	3,250	3,043	1,733	1,520	1,490	1,320
Other Cashflows From Financing Activities	107,572	313,554	259,699	239,233	56,616	93,136	-26,181	175,552	50,924	118,438	39,047	-1,372	-13,789	19,601	12	249,531	214,467	155,539	251,684	115,738	120,105	88,630	107,479	102,404	53,782	5,684	18,001	8,112	10,697
Other Cashflows From Investing Activities	0	-13,872	81,038	168,813	33,256	1,103	44,620	36,157	13,224	14,611	5,691	13,991	6,383	18,295	1,311	212	170	0	0	351	0	0	0	0	0	0	0	0	0
Other Non Cash Items	7,264	10,428	8,077	12,091	-1,257	3,882	4,624	2,920	6,056	10,871	13,844	18,901	17,494	3,401	22,721	21,681	856	5,157	12,617	2,353	-4,531	1,822	830	333	370	-538	22	-999	-550
Sale Purchase Of Stock	49,094	203	-6,710	-1,444	-10,405	-1,689	313	548	-1,080	7,893	96	0	-5,807	0	140,948	0	-103	0	0	0	0	0	0	0	0	-218	0	0	0
Stock Based Compensation	739	624	646	527	590	391	385	200	151	1	1	2	10	19,184	0	12	32	-7,764	-10,967	-9,088	-383	149	-287	16	240	0	0	0	0
Total Cash From Financing Activities	89,918	303,143	258,572	145,681	38,991	40,123	-32,327	142,470	32,318	39,459	-4,980	-69,089	-34,410	-106,237	-43,237	192,486	188,685	113,272	207,773	87,596	112,462	70,853	105,872	94,493	49,924	9,355	16,849	7,746	8,739
Total Cash From Operating Activities	73,652	67,944	61,846	44,681	40,927	38,521	24,373	23,210	23,648	25,602	28,167	21,746	18,232	21,099	20,315	20,365	13,309	21,958	13,449	6,505	6,009	9,145	7,060	3,564	3,664	2,480	2,495	1,519	1,610
Total Cashflows From Investing Activities	0	-404,828	-341,747	-152,463	-77,570	-71,735	13,969	-128,551	-58,989	-64,333	-26,207	29,453	15,924	82,977	18,379	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-08-09	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31
Begin Period Cash Flow	59,557	63,243	70,816	44,717	45,651	49,601	61,257	78,458	211,109	194,989	176,597	99,787	108,986	42,790	41,454	61,888	52,670	56,475	57,954	59,540	53,834	46,411	47,407	52,631	51,214	53,536	58,221	46,616	34,499	13,058	16,660	9,487	12,289	13,262	12,287	12,510	13,233	13,719	17,251	11,782	16,103	12,307	11,821	14,802	3,752	4,266	4,059	4,398	3,596	4,515	4,515	4,263	4,652	4,598	4,190	5,163	6,813	4,415	4,281	15,358	11,356	24,077	21,777	21,912	21,285	13,435	15,198	12,232	12,031	11,604	12,530	14,780	22,536	20,831	16,944	13,244	19,416	12,372	17,143	9,584	14,412	11,371	11,096	11,816	11,470	11,968	9,260	7,667	11,776	8,385	10,675	8,744	7,092	7,426	7,550	8,414	7,010	4,750	810	510	0	550	810	0	500	0	0	370	370	810	0	20	70	0
Capital Expenditures	1,589	2,734	1,414	1,384	235	565	226	320	854	1,394	678	1,611	560	1,876	3,230	2,971	1,980	1,375	5,155	708	1,257	1,422	994	1,872	513	1,497	1,180	2,995	658	766	121	312	1,401	233	545	409	190	97	114	110	149	135	201	192	173	108	50	12	86	94	204	150	54	62	26	163	175	761	503	766	1,379	1,394	762	308	324	513	102	279	123	1,780	446	518	799	2,347	1,072	246	330	742	723	1,291	1,707	3,579	3,112	1,284	298	133	167	514	311	407	524	416	359	697	1,373	1,419	716	700	230	660	220	220	520	250	10	160	70	110	40	110	50	30	30	470
Cash And Cash Equivalents Changes	0	0	-7,573	26,099	-934	-3,950	-11,656	-17,201	-132,651	16,120	18,392	76,810	-9,199	66,196	1,336	-20,434	9,218	-3,805	-1,479	-1,586	5,706	7,423	-996	-5,224	1,417	-2,322	-4,685	11,605	12,117	21,441	-3,602	7,173	-2,802	-973	975	-223	-723	-486	-3,532	5,469	-4,321	3,796	486	-2,981	-17,244	-514	207	-339	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	-1,732	-1,069	-1,450	1,660	465	-909	-59	-1,059	-419	-534	-76	-497	913	-1,597	-244	22	-636	-7	-622	1,242	-1,332	-188	-1,052	1,613	-219	-725	-176	314	-349	-727	-313	283	-101	-746	751	-207	-352	15	215	1,436	162	1,028	-1,226	362	-338	-724	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	-7,325	-3,686	-7,573	26,099	-934	-3,950	-11,656	-17,201	-132,651	16,120	18,392	76,810	-9,199	66,196	1,336	-20,434	9,218	-3,805	-1,479	-1,586	5,706	7,423	-996	-5,224	1,417	-2,322	-4,685	11,605	12,117	21,441	-3,602	7,173	-2,802	-973	975	-223	-723	-486	-3,532	5,469	-4,321	3,796	486	-2,981	11,050	-514	207	-339	802	-919	0	252	-389	54	408	-973	-1,650	2,398	134	-11,077	4,002	-12,721	2,300	-135	627	7,850	-1,763	2,966	201	427	-926	-2,250	-7,756	1,705	3,886	3,700	-6,172	7,044	-4,771	7,559	-4,828	3,041	274	-720	346	-497	2,708	1,592	-4,109	3,391	-2,290	1,931	1,652	-334	-124	-864	1,404	-4,050	4,750	810	510	-1,210	550	810	-1,100	500	-1,010	-330	280	370	810	-230	20	70
Change In Working Capital	651	4,748	-2,145	276	-943	3,341	-2,700	-1,288	-121	323	-1,751	3,520	2,946	-937	92	-2,045	1,720	2,140	-1,070	2,520	700	1,934	-1,990	2,042	-490	2,914	-12,858	10,510	1,693	2,143	-3,047	890	-345	996	-1,726	948	1,308	646	-1,599	941	1,428	2,354	-1,388	897	-2,192	530	-2,340	348	-645	1,784	-301,549	-1,302	-1,556	7,437	-2,519	-903	-1,031	-1,048	-3,512	-1,037	672	1,628	762	-4,459	2,740	6,099	8,819	-17,717	6,928	16,057	-11,882	10,262	1,393	-346	905	-710	41	788	-176	-498	436	285	421	-379	185	17	282	-2,347	1,175	803	195	-503	140	400	-336	-446	-395	279,200	-11,800	-63,900	-207,300	197,600	-3,400	-36,600	1,400	-3,700	-600	-110,900	-4,600	-100	-3,200	-2,600	600	-101,000
Change Receivables	0	0	-435	-398	-2,624	-1,545	-675	-444	-94	65	257	1,335	-379	226	-2,048	205	265	205	-82	311	-77	-205	-79	-17	-350	-409	-486	143	-329	-118	-122	315	-250	178	91	274	-370	216	-274	259	-305	354	-175	78	-268	162	-247	516	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	-216	-1,589	-435	-398	-2,624	-1,545	-675	-444	-94	65	257	1,335	-379	226	-2,048	205	265	205	-82	311	-77	-205	-79	-17	-350	-409	-486	143	-329	-118	-122	315	-250	178	91	274	-370	216	-274	259	-305	354	-175	78	-268	162	-247	516	-483	347	0	54	82	196	360	214	-196	894	93	457	225	0	109	0	340	0	0	0	0	0	0	0	0	0	-451,508	0	0	126	16	185	6	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	0	499	187	0	4	603	779	533	169	0	444	527	442	0	2	0	321	0	0	0	78	0	0	0	0	343	49	0	0	0	0	0	0	0	1,010	752	163	0	459	1,055	337	915	7,413	7,464	6,653	7,525	15,920	16,644	11,985	6,978	8,546	9,973	2,568	814	1,162	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	0	-1,281	1,590	2,738	2,922	-1,884	-512	-373	285	-1,991	2,348	2,963	-999	777	-1,003	1,543	1,703	-908	2,140	1,212	814	-685	2,043	731	1,413	-12,581	10,947	2,154	1,947	-2,576	1,302	418	535	-1,716	1,420	980	152	-640	1,028	1,609	181	-1,048	119	-1,119	353	-1,415	922	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	0	7,906	899	1,475	1,165	2,107	2,445	2,937	1,654	3,113	-203	2,161	2,471	-3,146	5,478	195	-727	-1,255	-42	780	186	764	-638	5,232	1,267	2,866	-3,419	-1,127	-133	-79	-179	-653	405	746	756	1,050	1,337	2,016	1,932	1,968	2,680	2,441	2,163	4,481	3,403	4,297	966	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	0	0	0	1,681	4,886	-2,025	-844	-27	258	-2,008	2,185	3,325	-1,163	2,140	-2,250	1,455	1,935	-988	2,209	777	2,139	-1,602	1,750	1,178	3,436	-12,103	-849	1,933	56	-607	-983	-1,452	0	0	0	378	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	2,022	1,977	1,972	1,212	1,233	1,251	1,256	1,308	1,324	1,317	1,245	1,264	1,272	1,255	1,200	1,155	1,094	1,082	1,062	1,077	969	964	943	963	959	961	925	452	437	341	348	345	327	320	316	313	260	267	270	277	283	291	289	298	25	403	428	430	428	438	0	437	453	463	476	492	498	773	206	578	406	250	439	372	385	412	392	395	412	464	498	517	519	-228	624	637	649	659	653	693	527	565	665	740	602	478	402	357	352	295	225	209	165	269	199	260	121	180	220	140	160	270	120	110	80	260	60	50	60	40	60	60	50	40
Dividends Paid	-3,455	3,453	3,159	2,782	2,777	2,777	2,520	2,519	2,514	2,557	2,340	2,200	2,196	2,195	2,194	2,201	1,857	1,856	1,873	1,775	1,724	1,607	1,607	1,607	1,355	1,351	1,350	1,182	1,144	1,040	1,041	1,047	826	837	853	1,005	194	193	193	194	194	194	194	194	194	194	194	149	74	75	0	74	74	74	75	74	74	433	12	433	1,334	1,334	1,334	1,334	1,257	1,257	1	1,204	1,134	1,134	1,142	1,142	1,140	1,140	996	996	950	950	878	878	0	807	0	0	0	666	0	0	614	614	0	0	0	614	0	0	0	420	0	410	540	540	0	260	0	440	0	160	150	150	0	140	0	130
End Period Cash Flow	52,232	59,557	63,243	70,816	44,717	45,651	49,601	61,257	78,458	211,109	194,989	176,597	99,787	108,986	42,790	41,454	61,888	52,670	56,475	57,954	59,540	53,834	46,411	47,407	52,631	51,214	53,536	58,221	46,616	34,499	13,058	16,660	9,487	12,289	13,262	12,287	12,510	13,233	13,719	17,251	11,782	16,103	12,307	11,821	14,802	3,752	4,266	4,059	4,398	3,596	4,515	4,515	4,263	4,652	4,598	4,190	5,163	6,813	4,415	4,281	15,358	11,356	24,077	21,777	21,912	21,285	13,435	15,198	12,232	12,031	11,604	12,530	14,780	22,536	20,831	16,944	13,244	19,416	12,372	17,143	9,584	14,412	11,371	11,096	11,816	11,470	11,968	9,260	7,667	11,776	8,385	10,675	8,744	7,092	7,426	7,550	8,414	-4,050	4,750	810	510	-1,210	550	810	-1,100	500	-1,010	-330	280	370	810	-230	20	70
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	17,207	20,095	13,285	15,794	17,343	20,428	14,311	14,516	16,647	14,267	12,488	13,907	16,521	11,032	2,160	6,331	9,458	9,508	2,225	10,518	9,169	9,304	5,779	8,724	8,395	10,349	-4,302	3,746	5,999	6,994	2,433	5,927	3,265	6,499	4,151	7,145	7,027	6,418	4,642	7,004	7,741	8,775	4,319	6,655	5,538	6,782	4,520	4,563	3,918	6,723	7,207	3,949	3,258	11,569	2,034	3,721	3,349	7,751	1,834	3,270	4,051	6,393	6,653	450	6,869	-3,682	4,888	960	10,126	1,519	6,098	3,973	8,604	-2,331	8,469	1,834	1,482	1,270	6,646	-4,407	-1,467	-6,052	4,803	-2,320	1,305	3,156	2,597	-686	2,953	2,443	1,269	639	1,004	731	-637	-767	31	530	640	100	580	1,970	210	370	440	1,400	540	470	750	0	620	460	220	20
Investments	-27,951	-68,674	-39,327	-31,138	-26,620	-131,548	-143,815	-87,627	-185,389	-155,123	-33,513	-66,138	-30,597	-22,027	-269,627	9,612	-74,949	-26,616	-52,451	52,408	-55,168	-26,819	24,748	-10,054	-38,483	-12,636	28,569	-1,916	-20,032	-74,064	-60,335	-8,420	-29,773	6,656	-25,276	-21,232	-26,720	3,839	-37,683	-17,869	-7,884	-17,228	7,652	-13,761	-7,869	3,955	18,025	1,694	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	91	62	44	47	53	45	40	65	81	71	14,992	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	69,201	-85,854	-47,154	-18,305	151,296	-5	74,995	-5	-5	-5	-24,871	78,532	-76,654	-37,605	-7,354	-18,653	39,045	-122,795	70,677	15,971	-16,088	-56,991	47,508	-2,744	-30,905	3,952	-37,671	28,626	51,625	-18,423	25,625	-32,285	22,637	13,075	-4,775	-7,773	21,205	-33,819	8,582	37,375	10,779	-37,723	-17,476	-39,890	-18,486	-3,132	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	16,597	16,332	8,209	14,101	15,086	14,423	12,014	11,693	12,581	12,238	10,559	10,360	10,251	9,620	6,949	4,506	8,148	8,062	8,564	7,092	7,450	6,899	6,280	7,443	2,323	5,930	5,278	-1,616	4,711	4,281	4,243	4,062	4,146	3,662	4,009	4,285	3,198	3,336	2,433	2,389	2,786	2,272	1,217	1,793	2,105	998	912	1,698	1,480	1,936	657	905	-248	910	-127	-2,878	120	-434	1,403	-3,450	1,765	3,556	-7,674	2,594	3,824	-2,769	3,591	3,033	2,601	181	2,481	2,634	2,972	2,442	3,273	3,116	2,411	2,357	3,126	2,674	2,451	2,493	1,843	2,008	1,864	2,044	1,923	1,640	1,631	1,621	1,438	1,199	1,009	644	743	934	929	730	890	700	720	430	510	410	390	380	430	370	340	460	380	340	310	380
Other Cashflows From Financing Activities	-39,215	97,412	12,232	44,214	14,784	114,660	118,804	65,306	62,516	63,100	4,441	129,642	-1,248	78,834	141,692	-79,054	73,672	16,219	47,644	-80,859	54,578	47,116	-5,559	-2,999	31,831	186	-68,343	10,145	22,315	89,344	54,105	9,889	20,770	-12,779	20,600	22,333	10,941	32,361	27,920	55,038	-4,302	15,992	-17,352	44,709	-17,180	35,637	-14,469	-5,360	-2,117	4,313	0	-15,015	25,476	6,907	8,893	10,102	-6,301	47,275	60,169	2,132	34,470	75,445	59,278	73,338	40,136	100,343	61,999	32,978	17,943	38,011	29,790	60,207	26,390	95,397	81,693	51,009	22,589	33,699	13,361	48,651	19,149	47,645	35,778	3,433	37,319	18,126	44,154	16,741	8,960	45,661	27,495	10,157	23,552	22,911	24,155	20,966	33,932	10,670	11,460	17,650	10,980	1,240	7,420	1,900	-1,550	5,010	1,090	950	8,760	1,850	2,990	2,580	620	2,580
Other Cashflows From Investing Activities	0	0	14,501	-31	-3,712	-4,752	1,529	-6,937	-17,277	96,367	414	1,534	-6,344	-515	129,434	46,238	2,838	339	9,037	21,042	486	-620	584	653	1,104	1,088	41,196	1,232	32,455	686	1,714	1,302	4,240	2,502	2,887	3,595	9,200	565	3,332	1,514	341	-3,523	6,084	2,789	2,937	3,197	5,811	2,046	0	0	0	0	1,855	18,295	17,417	3,463	462	1,311	1,697	789	45	212	2,260	1,335	212	170	168	86	85	0	0	0	0	0	0	62	53	351	283	34	21	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-394	-1,818	6,342	1,806	2,316	2,073	3,746	2,293	3,299	1,265	3,138	375	3,229	3,366	-295	5,791	-123	-450	-1,402	718	1,393	801	1,479	209	1,576	2,147	-218	1,119	-112	1,021	1,017	994	395	1,966	-176	181	1,678	-712	-413	321	-72	-226	-932	4,018	-6,340	5,544	5,467	2,786	3,761	3,180	0	4,268	6,286	1,969	-85	8,783	4,374	5,990	-613	4,768	215	1,757	16,326	3,294	267	-6,924	-8,558	8,937	-7,785	-12,799	17,067	-3,755	-1,969	1,465	13,197	-882	-1,162	7,340	3,803	-5,779	-3,011	-5,411	5,096	-3,258	-959	914	308	308	293	278	228	180	145	-62	140	128	128	-278,920	11,530	63,880	207,140	-196,050	3,510	36,700	-1,410	4,630	700	150	4,950	-250	3,430	2,700	-720	101,070
Sale Purchase Of Stock	89,792	-25,962	44	47	53	45	40	65	-6,710	84	14,992	1,444	99,078	72	-126	-1,318	61	-1,453	-6,056	-2,896	-1,689	78	63	67	-47	47	-125	47	-101	0	0	0	51	-37	2,443	-1,080	-7,822	0	0	15	16	19	0	61	0	0	0	0	-5,807	0	0	0	0	0	0	0	0	-3,086	0	0	0	0	0	0	0	-103	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-220	0	0	0	0	1,490	0	0	0	0	0
Stock Based Compensation	105	219	219	196	155	145	155	169	198	196	126	126	125	79	161	162	160	149	149	132	99	99	99	94	100	101	100	84	50	50	50	50	50	51	1,994	1,746	1	3,240	3,427	3,330	2,911	3,331	4,814	1	11,443	1	1	1	1	1	0	1	7	3,701	3,843	0	0	0	4,335	5,117	2,909	12	279	-245	3	32	732	6,389	8,065	-1,195	-1,471	-5,102	6,617	-2,532	-8,432	-5	2	-9,117	54	-7	-18	-274	-4	-83	-21	215	-19	-9	-37	-6	-211	13	-83	228	0	-228	16	0	0	0	0	0	0	0	0	0	0	110,900	0	0	0	0	0	0
Total Cash From Financing Activities	2,317	42,159	3,968	41,474	12,055	111,922	116,319	62,847	53,368	60,609	17,088	127,507	12,221	76,706	139,369	-82,615	71,871	12,964	39,710	-85,554	51,219	25,558	-32,107	-4,547	30,401	-1,123	-70,148	8,543	-6,305	87,825	52,586	8,364	19,466	-16,630	19,213	10,269	9,770	-11,308	26,177	14,820	-4,519	15,772	-17,569	1,336	-17,850	-14,448	-28,149	-8,642	-15,414	-6,989	-12,007	-16,816	4,809	-18,735	-23,837	-14,848	-48,817	8,126	-10,981	-15,583	-24,799	52,431	52,133	61,194	26,728	98,196	48,920	25,916	15,653	22,049	25,091	41,638	24,494	77,399	78,802	35,617	15,955	25,374	6,489	43,786	11,946	44,452	28,188	2,848	36,974	1,585	43,941	16,529	8,798	44,949	27,400	10,064	23,459	22,205	23,565	17,877	30,845	10,250	11,460	17,240	10,980	700	7,420	1,420	-1,550	4,570	1,090	790	10,250	1,700	2,990	2,440	620	2,450
Total Cash From Operating Activities	18,796	22,829	14,699	17,178	17,578	20,993	14,537	14,836	17,501	15,661	13,166	15,518	17,081	12,908	5,390	9,302	11,438	10,883	7,380	11,226	10,426	10,726	6,773	10,596	8,908	11,846	-3,122	6,741	6,657	7,760	2,554	6,239	4,666	6,732	4,696	7,554	7,217	6,515	4,756	7,114	7,890	8,910	4,520	6,847	5,711	6,890	4,570	4,575	4,004	6,817	7,411	4,099	3,312	11,631	2,060	3,884	3,524	8,512	2,337	4,036	5,430	4,999	7,415	758	7,193	-3,169	4,990	1,239	10,249	1,519	6,545	4,491	9,403	16	9,542	2,080	1,812	2,012	7,369	-3,117	240	-2,473	7,915	-1,036	1,603	3,289	2,764	-172	3,264	2,849	1,793	1,054	1,363	1,428	737	652	747	1,230	870	760	800	2,190	730	620	450	1,560	610	580	790	110	670	490	250	490
Total Cashflows From Investing Activities	0	0	-26,240	-32,553	-30,567	-136,865	-142,512	-94,884	-203,520	-60,150	-11,862	-66,215	-38,501	-23,418	-143,423	52,879	-74,091	-27,652	-48,569	72,742	-55,939	-28,861	24,338	-11,273	-37,892	-13,045	68,585	-3,679	11,765	-74,144	-58,742	-7,430	-26,934	8,925	-22,934	-18,046	-17,710	4,307	-34,465	-16,465	-7,692	-20,886	13,535	-11,164	-5,105	7,044	23,786	3,728	15,924	3,712	4,459	4,459	0	82,977	75,819	53,634	43,643	18,379	32,619	23,841	23,371	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31
Cost Of Revenue	0	0	0	0	0	1,418	998	752	822	17,491	22,977	32,564	41,203	60,870	66,319	64,909	54,372	46,827	27,985	19,010	18,445	0	0	0	0	0	0	0	0
Depreciation And Amortization	7,183	1,440	1,563	1,659	1,701	1,671	1,410	247	1,276	1,074	1,161	1,286	1,756	1,929	1,963	1,446	1,611	1,997	1,681	2,532	2,571	1,590	893	849	892	330	235	212	154
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	-3,848	97,071	57,401	38,754	39,583	62,876	41,846	41,613	35,862	31,275	29,233	30,996	36,311	34,590	43,113	51,418	64,507	58,273	42,460	33,150	29,249	28,812	28,161	23,069	16,847	9,743	7,618	6,898	6,049
Ebitda	3,335	98,511	58,964	40,413	41,284	64,547	43,256	41,860	37,138	32,349	30,394	32,282	38,067	36,519	45,076	52,864	66,118	60,270	44,141	35,682	31,821	30,402	29,054	23,919	17,739	10,073	7,853	7,110	6,203
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	-3,461	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	263,335	144,211	127,472	113,340	94,467	85,744	80,731	61,523	57,903	52,781	49,494	52,022	48,040	48,361	49,342	54,199	46,424	39,549	59,680	55,029	29,518	23,792	19,291	15,216	13,701	879	680	552	434
Income Before Tax	70,402	67,310	57,401	38,754	39,583	35,096	21,579	25,305	22,995	16,034	10,756	6,932	5,109	-4,930	-2,881	2,009	19,271	16,095	15,954	15,190	11,719	9,970	7,724	4,793	4,613	2,700	2,211	2,133	2,000
Income Tax Expense	15,163	14,094	11,663	7,428	7,717	7,024	9,664	8,008	6,893	4,678	2,688	1,219	1,035	-2,955	-2,165	-291	5,734	5,024	4,712	4,582	3,511	2,732	2,457	1,543	1,570	967	691	643	680
Interest Expense	12,788	29,761	12,484	19,521	29,987	25,612	18,380	15,084	12,867	15,241	18,477	24,064	31,202	39,520	45,994	49,409	52,317	44,982	26,506	17,960	17,530	18,842	20,438	18,276	12,234	7,043	5,407	4,764	4,049
Interest Income	223,872	158,747	122,416	115,003	107,071	95,409	84,527	64,091	58,883	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	55,239	53,216	45,738	31,326	31,866	28,072	11,915	17,297	16,102	11,356	8,068	5,713	4,074	-1,975	-716	2,300	6,456	8,267	11,242	10,608	8,208	7,238	5,266	3,250	3,043	1,733	1,520	1,490	1,320
Net Income Applicable To Common Shares	0	52,316	45,149	31,326	31,866	28,072	11,915	17,297	16,102	10,585	7,293	4,936	3,703	0	0	2,300	13,537	11,070	11,242	10,608	8,208	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	53,728	53,216	45,738	31,326	31,866	28,072	11,915	17,297	16,102	11,356	8,068	5,713	4,074	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	150,129	128,986	109,932	95,482	77,084	69,797	66,147	49,007	46,016	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	584	45	54	933	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	-3,848	97,071	57,401	38,754	39,583	60,708	41,846	41,613	35,862	31,275	29,233	30,996	36,311	34,590	-716	2,300	13,537	58,273	42,460	33,150	29,249	28,812	28,161	23,069	16,847	9,743	7,618	6,898	6,049
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	186,489	1,628	-70,071	-74,586	54,884	25,036	1,367	1,515	1,616	1,429	1,181	1,161	1,155	1,015	1,409	723	695	18,724	17,220	21,879	269	5,021	8,870	7,854	3,146	8,864	6,938	6,346	5,615
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	771	775	777	371	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	6,394	1,440	1,563	4,882	4,315	3,839	3,297	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	1,113	893	697	596	698	654	578	445	0	0	0	0	0	0	0	0	0	284	4,878	4,725	772	0	0	0	0	0	0	0	0
Selling General Administrative	48,754	41,676	35,835	33,067	29,154	28,308	26,140	20,448	18,858	17,977	18,238	17,599	18,256	18,484	19,131	16,762	14,608	11,821	20,315	18,087	9,004	6,864	5,670	4,863	4,359	2,214	1,772	1,728	1,557
Tax Provision	14,355	14,094	11,663	7,428	7,717	7,024	9,664	8,008	6,893	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	27,019	1,628	-70,071	-74,586	-54,884	-25,036	1,367	1,515	1,616	1,429	1,181	1,161	1,155	1,015	1,409	723	695	18,724	-17,220	-21,879	-269	5,021	8,870	7,854	3,146	8,864	6,938	6,346	5,615
Total Other Income Expense Net	70,402	-29,761	57,401	38,754	39,583	-25,612	-20,267	-16,308	-12,867	-15,241	-18,477	-24,064	-31,202	-39,520	-2,165	-291	5,734	-42,178	-26,506	-17,960	-17,530	-18,842	-20,438	-18,276	-12,234	-7,043	-5,407	-4,764	-4,049
Total Revenue	263,335	144,211	127,472	113,340	94,467	85,744	80,731	61,523	57,903	52,781	49,494	52,022	48,040	48,361	49,342	54,199	46,424	39,549	59,680	55,029	29,518	23,792	19,291	15,216	13,701	879	680	552	434

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-08-09	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31
Cost Of Revenue	0	0	2,590	2,590	2,590	0	2,590	0	1	0	0	0	0	0	0	0	0	0	0	0	395	379	345	6,140	5,523	5,179	4,634	4,294	4,280	3,869	3,799	3,636	3,467	3,476	3,701	3,473	3,502	3,933	5,024	5,032	5,356	5,506	5,804	6,311	7,822	7,654	8,308	8,780	9,424	9,732	-10,949	10,949	11,098	11,829	14,506	18,772	15,763	17,989	15,521	17,154	15,655	13,020	24,253	13,716	13,920	14,206	13,905	13,232	13,029	13,438	12,070	10,859	9,857	8,721	7,451	6,345	5,468	5,114	4,865	4,527	4,504	4,484	4,583	4,700	4,678	0	0	0	0	0	0	0	0	0	0	0	0	3,390	3,280	2,970	2,590	1,920	1,880	1,860	1,390	1,410	1,400	1,350	1,250	1,200	1,210	1,190	1,160	1,100
Depreciation And Amortization	995	998	999	343	351	354	355	378	387	390	382	405	409	412	410	429	401	404	420	476	410	413	413	436	435	448	429	97	97	341	348	345	327	320	316	313	260	267	270	277	283	291	289	298	25	403	428	430	428	438	0	437	453	463	476	492	498	773	206	578	406	250	439	372	385	412	392	395	412	464	498	517	519	-228	624	637	649	659	653	693	527	565	665	740	602	478	402	357	352	295	225	209	165	269	199	260	121	180	220	140	160	270	120	110	80	260	60	50	60	40	60	60	50	40
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	0	21,126	10,412	33,962	32,356	26,617	20,711	19,219	19,279	19,033	17,497	17,662	17,210	17,537	14,128	12,622	18,509	18,380	18,705	16,589	17,093	15,704	14,592	15,486	14,320	13,727	12,457	1,342	11,684	10,236	9,641	9,167	9,075	8,402	8,957	9,428	8,164	8,237	7,519	7,355	7,829	7,677	6,473	7,255	7,303	6,923	7,809	8,960	9,241	10,265	2,534	9,192	7,612	9,374	9,280	5,733	10,201	9,841	13,382	6,210	13,680	16,053	1,177	15,569	18,618	12,198	18,806	17,297	16,620	14,319	15,527	14,590	13,837	11,445	12,000	10,439	8,575	8,164	9,119	8,122	7,744	7,738	7,073	7,293	7,145	7,338	7,524	7,023	6,927	7,276	7,226	6,834	6,824	6,297	6,008	5,648	5,116	4,570	4,510	4,050	3,700	2,690	2,610	2,500	1,960	1,930	2,050	1,880	1,760	1,790	1,770	1,690	1,640	1,650
Ebitda	995	22,124	11,411	34,305	32,707	26,971	21,066	19,597	19,666	19,423	17,879	18,067	17,619	17,949	14,538	13,051	18,910	18,784	19,125	17,065	17,503	16,117	15,005	15,922	14,755	14,175	12,886	1,439	11,781	10,577	9,989	9,512	9,402	8,722	9,273	9,741	8,424	8,504	7,789	7,632	8,112	7,968	6,762	7,553	7,328	7,326	8,237	9,390	9,669	10,703	0	9,629	8,065	9,837	9,756	6,225	10,699	10,614	13,588	6,788	14,086	16,303	1,616	15,941	19,003	12,610	19,198	17,692	17,032	14,783	16,025	15,106	14,356	11,217	12,623	11,076	9,224	8,824	9,773	8,815	8,270	8,303	7,738	8,033	7,747	7,816	7,927	7,380	7,279	7,571	7,451	7,043	6,989	6,566	6,207	5,908	5,237	4,750	4,730	4,190	3,860	2,960	2,730	2,610	2,040	2,190	2,110	1,930	1,820	1,830	1,830	1,750	1,690	1,690
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	72,301	45,566	44,785	37,879	38,539	38,274	34,011	33,385	34,081	31,899	30,841	30,653	31,410	30,384	26,104	25,442	23,778	22,724	25,600	22,364	21,844	21,040	21,062	22,197	21,415	21,261	21,691	16,365	16,920	14,955	15,055	14,591	14,916	14,263	14,215	14,509	13,145	13,920	12,971	12,746	12,927	12,418	11,684	12,466	12,647	10,741	10,799	11,950	12,051	10,107	10,107	14,440	10,718	12,024	11,943	11,617	12,748	18,439	13,728	8,765	13,776	13,494	12,704	12,503	13,787	13,039	12,902	10,500	10,036	-6,861	14,308	15,884	16,218	13,763	16,275	15,819	13,822	13,650	15,606	14,230	11,544	10,026	6,752	6,498	6,242	6,178	6,144	5,928	5,542	5,444	5,081	4,578	4,187	3,732	3,712	3,970	3,802	210	430	440	390	120	130	70	70	20	130	50	120	240	130	120	140	200
Income Before Tax	21,187	21,126	10,412	17,676	18,869	18,279	15,212	14,950	15,357	15,261	13,490	13,293	12,377	12,214	8,467	5,696	10,573	9,873	10,444	8,693	9,273	8,566	7,938	9,319	8,648	8,410	7,578	-3,057	7,063	6,368	6,092	5,781	5,858	5,176	5,757	6,205	4,663	4,554	3,495	3,323	3,475	3,170	1,669	2,444	1,979	1,269	1,503	2,181	1,817	2,534	2,534	1,243	-486	546	-726	-4,539	-212	-1,323	1,861	-5,444	2,025	3,783	-11,076	3,604	5,698	5,379	5,557	4,392	3,997	4,428	3,528	3,834	4,305	3,025	4,973	4,519	3,437	3,343	4,546	3,829	3,472	3,487	2,723	2,826	2,684	2,644	2,722	2,333	2,272	2,457	2,111	1,634	1,521	1,012	1,096	1,318	1,367	1,180	1,230	1,090	1,120	770	730	640	560	520	650	530	510	590	560	500	480	550
Income Tax Expense	4,590	4,794	2,203	3,575	3,783	3,856	3,198	3,257	2,777	3,023	2,930	2,933	2,126	2,594	1,518	1,190	2,424	1,812	1,880	1,601	1,823	1,667	1,658	1,876	6,325	2,480	2,300	-1,441	2,353	2,087	1,849	1,719	1,712	1,515	1,747	1,920	1,464	1,218	1,063	934	687	898	452	651	-126	272	590	483	337	598	598	338	-238	-364	-598	-1,661	-332	-889	458	-1,994	260	227	-3,402	1,010	1,874	1,511	1,802	1,240	1,201	1,443	1,047	1,200	1,334	582	1,700	1,403	1,026	986	1,420	1,155	1,021	994	880	818	820	599	799	693	641	837	674	435	512	368	353	385	438	450	340	380	390	340	220	230	180	140	220	160	170	130	180	160	170	170
Interest Expense	4,306	23,421	20,550	16,286	13,487	8,338	4,598	3,339	2,985	2,845	3,144	3,510	3,970	4,480	4,871	6,200	7,244	7,829	7,619	7,295	7,261	6,587	6,124	5,640	5,149	4,804	4,383	4,044	4,280	3,868	3,549	3,386	3,218	3,226	3,200	3,223	3,501	3,683	4,024	4,032	4,356	4,507	4,804	4,811	5,324	5,654	6,307	6,779	7,424	7,731	16,047	7,949	8,098	8,828	10,006	10,272	10,413	11,164	11,521	11,654	11,655	12,270	12,253	11,965	12,920	13,456	13,380	13,023	12,818	12,695	12,000	10,756	9,532	8,421	7,027	5,920	5,138	4,822	4,573	4,294	4,271	4,252	4,350	4,467	4,461	4,694	4,803	4,689	4,655	4,819	5,115	5,200	5,304	5,286	4,912	4,329	3,749	3,390	3,280	2,970	2,590	1,920	1,880	1,860	1,390	1,410	1,400	1,350	1,250	1,200	1,210	1,190	1,160	1,100
Interest Income	66,516	64,694	60,863	50,475	47,840	42,451	35,563	32,893	31,817	30,882	29,955	29,762	30,176	29,246	27,937	27,643	27,071	27,249	26,882	25,868	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	16,597	16,332	8,209	14,101	15,086	14,198	11,789	11,693	12,580	12,238	10,560	10,360	10,251	9,620	6,949	4,506	8,149	8,061	8,564	7,092	7,450	6,899	6,280	7,443	2,323	5,930	5,278	-1,616	4,710	4,281	4,243	4,062	4,146	3,661	4,010	4,285	3,199	3,336	2,432	2,389	2,788	2,272	1,217	1,793	2,105	997	913	1,698	1,480	1,936	1,936	905	-248	910	-128	-2,878	120	-434	1,403	-3,450	1,765	3,556	-7,674	2,594	3,824	-2,769	3,624	3,034	2,601	181	2,481	2,634	2,972	2,442	3,273	3,116	2,411	2,357	3,126	2,674	2,451	2,493	1,843	2,008	1,864	2,044	1,923	1,640	1,631	1,621	1,438	1,199	1,009	644	743	934	929	730	890	700	720	430	510	410	390	380	430	370	340	460	380	340	310	380
Net Income Applicable To Common Shares	0	0	7,984	13,876	14,861	14,198	11,789	11,468	12,355	12,013	10,421	10,360	10,251	9,620	6,949	4,506	8,149	8,061	8,564	7,092	7,450	6,899	6,280	7,443	2,323	5,930	5,278	-1,616	4,711	4,281	4,243	4,062	4,146	3,661	4,010	4,285	3,007	3,143	2,239	2,196	2,593	2,078	1,023	1,599	1,910	803	719	1,504	1,332	1,862	1,862	831	0	836	0	-46	46	-1,403	1,403	-1,765	1,765	3,556	-2,594	2,594	3,824	3,868	3,755	2,980	2,934	2,749	3,554	2,168	2,589	2,442	3,273	3,116	2,411	2,357	3,126	2,674	2,451	2,492	1,844	2,008	1,864	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	16,597	16,332	8,209	14,101	15,086	14,423	12,014	11,693	12,580	12,238	10,560	10,360	10,251	9,620	6,949	4,506	8,149	8,061	8,564	7,092	7,450	6,899	6,280	7,443	2,323	5,930	5,278	-1,616	4,711	4,281	4,243	4,062	4,146	3,661	4,010	4,285	3,199	3,336	2,432	2,389	2,786	2,272	1,217	1,793	2,105	997	913	1,698	0	1,936	1,936	905	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	40,793	41,273	40,313	34,189	34,353	34,113	30,965	29,554	28,832	28,037	26,811	26,252	26,206	24,766	23,066	21,443	19,827	19,420	19,263	18,573	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,906	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-14,184	54,245	-38,581	10,009	976	140	-295	112	933	0	0	0	933	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	0	21,126	10,412	33,962	32,356	26,617	20,711	19,219	18,342	19,033	17,497	17,662	17,210	17,537	14,128	12,622	18,509	18,380	18,705	16,589	17,093	15,704	14,592	15,486	14,320	13,727	12,457	1,342	11,684	10,236	9,641	9,167	9,075	8,402	8,957	9,428	8,164	8,237	7,519	7,355	7,829	7,677	6,473	7,255	7,303	6,923	7,809	8,960	9,241	2,534	2,534	9,192	7,612	9,374	9,280	5,733	10,201	9,841	13,382	6,210	13,680	2,300	-7,674	2,594	3,824	13,537	3,755	2,980	2,934,556	14,319	15,527	14,590	13,837	11,445	12,000	10,439	8,575	8,164	9,119	8,122	7,744	7,738	7,073	7,293	7,145	7,338	7,524	7,023	6,927	7,276	7,226	6,834	6,824	6,297	6,008	5,648	5,116	1,180	1,230	1,090	1,120	770	730	640	560	520	650	530	510	590	560	500	480	550
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	50,275	-24,440	-34,373	376	1,121	372	507	14,166	1,579	374	428	338	1,538	364	417	387	1,678	388	475	403	1,607	503	385	333	1,367	373	354	285	1,515	270	429	472	1,616	402	372	335	1,429	380	282	316	1,181	263	360	251	1,161	250	227	304	1,155	0	0	193	196	1,015	223	262	274	8,598	346	403	334	723	173	182	118	695	176	193	198,885	21,180	1,565,674	1,803,146	1,624,356	2,318	1,394,278	1,463,569	1,551,966	5,485	1,416,722	6,107	3,800	2,288	321	795	903	1,160	1,381	1,094	1,386	1,832	2,145	2,256	2,637	2,566	2,296	1,677	1,314	9,200	9,040	8,260	7,040	5,120	5,040	5,010	3,680	3,720	3,680	3,580	3,350	3,250	3,210	3,190	3,140	2,950
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	192	193	193	193	193	194	194	194	195	194	194	194	0	74	74	74	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	2,022	998	999	343	351	354	355	378	387	390	382	405	1,272	1,255	1,200	1,155	1,094	1,082	1,062	1,077	969	964	943	963	959	961	925	452	437	341	348	345	327	320	316	313	260	267	270	277	283	291	289	298	25	403	428	430	428	438	0	437	453	463	476	492	498	773	206	578	406	250	439	372	385	412	392	395	412	464	498	517	519	-228	624	637	649	659	653	693	527	565	665	740	602	478	402	357	352	295	225	209	165	269	199	260	121	180	220	140	160	270	120	110	80	260	60	50	60	40	60	60	50	40
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	432	247	264	170	280	276	165	172	216	254	138	90	207	145	93	152	214	177	155	153	193	170	188	103	185	137	148	108	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	25	0	0	25	3,561	1,191	1,314	1,339	1,168	1,164	1,222	1,325	1,231	1,229	1,304	962	772	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,390	3,280	2,970	2,590	1,920	1,880	1,860	1,390	1,410	1,400	1,350	1,250	1,200	1,210	1,190	1,160	1,100
Selling General Administrative	12,044	12,675	12,898	11,137	10,884	10,481	10,220	10,090	9,307	9,099	8,718	9,281	8,762	8,428	8,040	7,837	7,099	7,044	7,664	7,347	7,068	7,016	7,162	7,061	6,770	6,920	7,053	5,397	5,383	5,019	5,064	4,982	4,800	4,779	4,762	4,517	4,448	4,506	4,540	4,482	4,526	4,553	4,502	4,657	4,334	4,450	4,392	4,423	4,410	4,539	7,573	4,772	4,613	4,531	4,698	4,598	4,548	4,678	4,763	5,801	4,856	3,797	4,113	4,187	4,395	4,090	4,054	3,238	3,226	2,495	4,302	4,855	5,158	4,944	5,435	5,394	4,542	4,607	5,055	4,740	3,686	3,064	2,142	1,880	1,919	1,807	1,701	1,711	1,645	1,537	1,441	1,367	1,325	1,173	1,242	1,236	1,212	2,420	2,480	2,320	1,860	1,280	1,280	1,290	900	900	880	880	850	850	790	810	820	750
Tax Provision	4,591	4,794	2,203	3,575	3,783	3,856	3,198	3,257	2,777	3,023	2,930	2,933	2,126	2,594	1,518	1,190	2,424	1,812	1,880	1,601	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	7,782	-24,440	-34,373	376	1,121	372	507	-14,166	1,578	374	428	338	1,538	364	417	387	1,678	388	475	403	1,607	503	385	333	1,367	373	354	285	1,515	270	429	472	1,616	402	372	335	1,429	380	282	316	1,181	263	360	251	1,161	250	227	304	1,155	17,000	7,573	193	196	1,015	223	262	274	-8,598	-346	403	334	723	173	182	118	695	176	193	198,885	21,180	1,565,674	1,803,146	1,624,356	-2,318	1,394,278	1,463,569	1,551,966	-5,485	1,416,722	-6,107	-3,800	-2,288	321	795	903	1,160	1,381	1,094	1,386	1,832	2,145	2,256	2,637	2,566	2,296	1,677	1,314	5,810	5,760	5,290	4,450	3,200	3,160	3,150	2,290	2,310	2,280	2,230	2,100	2,050	2,000	2,000	1,980	1,850
Total Other Income Expense Net	21,187	21,126	10,412	-16,286	-13,487	-8,338	-5,499	-4,269	-2,984	-3,772	-4,007	-4,369	-4,833	-5,323	-5,661	-6,926	-7,936	-8,507	-8,261	-7,896	-7,820	-7,138	-6,654	-6,167	-5,672	-5,317	-4,879	-4,399	-4,621	-3,868	-3,549	-3,386	-3,217	-3,226	-3,200	-3,223	-3,501	-3,683	-4,024	-4,032	-4,354	-4,507	-4,804	-4,811	-5,324	-5,654	-6,306	-6,779	-7,424	0	0	-7,949	-8,098	-8,828	-10,006	-10,272	-10,413	-11,164	-11,521	-11,654	-11,655	1,483	-3,402	1,010	1,874	-8,212	1,802	1,135	1,285,932	-9,891	-12,000	-10,756	-9,532	-8,421	-7,027	-5,920	-5,138	-4,822	-4,573	-4,294	-4,271	-4,252	-4,350	-4,467	-4,461	-4,694	-4,803	-4,689	-4,655	-4,819	-5,115	-5,200	-5,304	-5,286	-4,912	-4,329	-3,749	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Revenue	72,301	45,566	44,785	37,879	38,539	38,274	34,011	33,385	34,082	31,899	30,841	30,653	31,410	30,384	26,104	25,442	23,778	22,724	25,600	22,364	21,844	21,040	21,062	22,197	21,415	21,261	21,691	16,365	16,920	14,955	15,055	14,591	14,916	14,263	14,215	14,509	13,145	13,920	12,971	12,746	12,927	12,418	11,684	12,466	12,647	10,741	10,799	11,950	12,051	12,592	10,107	14,440	10,718	12,024	11,943	11,617	12,748	18,439	13,728	8,765	13,776	13,494	12,704	12,503	13,787	13,039	12,902	10,500	10,036	-6,861	14,308	15,884	16,218	13,763	16,275	15,819	13,822	13,650	15,606	14,230	11,544	10,026	6,752	6,498	6,242	6,178	6,144	5,928	5,542	5,444	5,081	4,578	4,187	3,732	3,712	3,970	3,802	3,600	3,710	3,410	2,980	2,040	2,010	1,930	1,460	1,430	1,530	1,400	1,370	1,440	1,340	1,310	1,300	1,300

Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue	263,335
Cost of Revenue	-0
Gross Profit	263,335	263,335

Operating Income (+$)
Gross Profit	263,335
Operating Expense	-27,019
Operating Income	-3,848	236,316

Operating Expense (+$)
Research Development	0
Selling General Administrative	48,754
Selling And Marketing Expenses	1,113
Operating Expense	27,019	49,867

Net Interest Income (+$)
Interest Income	223,872
Interest Expense	-12,788
Other Finance Cost	-60,955
Net Interest Income	150,129

Pretax Income (+$)
Operating Income	-3,848
Net Interest Income	150,129
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	70,402	-74,250 EBIT - interestExpense = -16,636 70,402 68,027
Interest Expense	12,788
Earnings Before Interest and Taxes (EBIT)	-3,848	83,190
Earnings Before Interest and Taxes (EBITDA)	3,335

After tax Income (+$)
Income Before Tax	70,402
Tax Provision	-14,355
Net Income From Continuing Ops	53,728	56,047
Net Income	55,239
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	186,489
Total Other Income/Expenses Net	70,402	-150,129

Technical Analysis of Summit Financial Group Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Summit Financial Group Inc. The general trend of Summit Financial Group Inc is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Summit Financial Group Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (57.1%)		Bearish trend (-57.1%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Summit Financial Group Inc.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 27.85 < 28.23 < 29.78.

The bearish price targets are: 27.40 > 26.33 > 25.01.

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Summit Financial Group Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Summit Financial Group Inc. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

MA 20 trending up: The MA 20 is trending up. +1
Close > MA 20: The price is above the MA 20. +1
MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
MA 50 trending up: The MA 50 is trending up. +1
Close > MA 50: The price is above the MA 50. +1
MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
MA 100 trending up: The MA 100 is trending up. +1
Close > MA 100: The price is above the MA 100. +1
MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
MA 200 trending up: The MA 200 is trending up. +1
Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Summit Financial Group Inc Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Summit Financial Group Inc. The current macd is 0.2523523.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Summit Financial Group Inc price going up in the near term. +2
MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Summit Financial Group Inc. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Summit Financial Group Inc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1

Summit Financial Group Inc Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Summit Financial Group Inc. The current adx is 20.07.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Summit Financial Group Inc shares, leading to potential upward momentum in its price. +1
PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1

Summit Financial Group Inc Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Summit Financial Group Inc. The current sar is 25.27.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1

Summit Financial Group Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Summit Financial Group Inc. The current rsi is 61.92. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Trending down: The RSI is trending down. -1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Summit Financial Group Inc Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Summit Financial Group Inc. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Summit Financial Group Inc price going down in the near term. -2
Trending down: The STOCH %K is trending down. -1

Summit Financial Group Inc Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Summit Financial Group Inc. The current cci is 123.16.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1

Summit Financial Group Inc Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Summit Financial Group Inc. The current cmo is 35.11.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1

Summit Financial Group Inc Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Summit Financial Group Inc. The current willr is -26.37681159.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Summit Financial Group Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.

Summit Financial Group Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Summit Financial Group Inc.

Summit Financial Group Inc Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Summit Financial Group Inc. The current atr is 0.69467519.

Summit Financial Group Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Summit Financial Group Inc. The current obv is 1,848,593.

Summit Financial Group Inc Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Summit Financial Group Inc. The current mfi is 53.16.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

MFI > 50: +1

Summit Financial Group Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Summit Financial Group Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-12-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2023-12-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-13	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-19	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-27	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-02	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-01-03	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-04	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-05	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-09	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-16	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-01-17	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-18	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-19	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-22	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-23	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-01-25	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-26	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-29	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-31	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-05	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-12	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-15	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-16	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-20	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-26	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-29	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-01	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-04	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-05	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-03-06	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-08	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-13	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-14	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-03-20	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-21	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-03-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-25	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-28	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-02	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-09	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-10	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-11	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-04-16	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-17	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-19	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-23	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-24	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-04-25	STOCH	LONG EXIT		The %K line crosses below the %D line.

6.3. Candlestick Patterns

Summit Financial Group Inc Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Summit Financial Group Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	61.924
Ma 20	Greater than	Ma 50	26.142
Ma 50	Greater than	Ma 100	26.282
Ma 100	Greater than	Ma 200	27.281
Open	Greater than	Close	27.500
Total			3/5 (60.0%)

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Summit Financial Group Inc Buy, Hold or Sell?

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Quick analysis of Summit Financial Group Inc (30 sec.)

What can you expect buying and holding a share of Summit Financial Group Inc? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Summit Financial Group Inc (5 min.)

$27.41

$29.91

$21.34 - $48.05

$51.25 - $77.95

2. Growth of Summit Financial Group Inc (5 min.)

Is Summit Financial Group Inc growing?

How much money is Summit Financial Group Inc making?

How much money comes from the company's main activities?

3. Financial Health of Summit Financial Group Inc (5 min.)

4. Comparing to competitors in the Banks - Regional industry (5 min.)

Industry Rankings (Banks - Regional)

What can you expect buying and holding a share of Summit Financial Group Inc? (5 min.)

What can you expect buying and holding a share of Summit Financial Group Inc?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Summit Financial Group Inc

About Summit Financial Group Inc

Financial Health

Valuation

1.1. Profitability of Summit Financial Group Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Banks - Regional)

1.1.2. Return on Assets

Trends

Compared to industry (Banks - Regional)

1.1.3. Return on Equity

Trends

Compared to industry (Banks - Regional)

1.2. Operating Efficiency of Summit Financial Group Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Summit Financial Group Inc.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Banks - Regional)

1.3.2. Quick Ratio

Trends

1.4. Solvency of Summit Financial Group Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Banks - Regional)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Banks - Regional)

2. Market Valuation of Summit Financial Group Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Banks - Regional)

Summit Financial Group Inc
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