Summit Hotel Properties, Inc. financial data

Symbol
INN, INN-PE, INN-PF on NYSE
Industry
Real Estate Investment Trusts
Location
13215 Bee Cave Parkway, Suite B 300, Austin, Texas
State of incorporation
Maryland
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 168 % +1.5%
Return On Equity -3.59 % +75.9%
Return On Assets -1.73 % +75.3%
Operating Margin 8.64 % -27.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 108M shares +0.67%
Common Stock, Shares, Outstanding 108M shares +0.68%
Entity Public Float 683M USD -10%
Common Stock, Value, Issued 1.08M USD +0.65%
Weighted Average Number of Shares Outstanding, Basic 106M shares +0.39%
Weighted Average Number of Shares Outstanding, Diluted 106M shares +0.39%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 742M USD +3.59%
General and Administrative Expense 32.8M USD +10.8%
Costs and Expenses 678M USD +4.04%
Operating Income (Loss) 64.1M USD -24.8%
Nonoperating Income (Expense) -83.9M USD -16.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -19.8M USD -248%
Income Tax Expense (Benefit) 3.49M USD -32.1%
Net Income (Loss) Attributable to Parent -42.6M USD +73.3%
Earnings Per Share, Basic -0.24 USD/shares -167%
Earnings Per Share, Diluted -0.24 USD/shares -167%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 63.4M USD +4.54%
Operating Lease, Right-of-Use Asset 34.2M USD -4.07%
Intangible Assets, Net (Excluding Goodwill) 29.7M USD -12.2%
Assets 2.96B USD -2.23%
Liabilities 1.57B USD -1.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax 15M USD +45.8%
Retained Earnings (Accumulated Deficit) -348M USD -17%
Stockholders' Equity Attributable to Parent 908M USD -4.07%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.34B USD -3.48%
Liabilities and Equity 2.96B USD -2.23%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 28.2M USD -12%
Net Cash Provided by (Used in) Financing Activities 6.42M USD +87.4%
Net Cash Provided by (Used in) Investing Activities -9.99M USD +60.7%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 108M shares +0.68%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 24.6M USD +145%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 72.4M USD +0.72%
Interest Paid, Excluding Capitalized Interest, Operating Activities 24.1M USD +12.6%
Deferred Tax Assets, Valuation Allowance 13.9M USD +17.9%
Deferred Tax Assets, Gross 13.9M USD +17%
Operating Lease, Liability 25.4M USD -3.41%
Depreciation 150M USD +41.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.68M USD -107%
Lessee, Operating Lease, Liability, to be Paid 46.3M USD -4.36%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.21M USD +2.85%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.25M USD +37.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 84K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 20.9M USD -5.49%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.25M USD +3.79%
Deferred Federal Income Tax Expense (Benefit) 84K USD
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.09M USD -4.96%
Operating Lease, Payments 4.1M USD +7.9%
Additional Paid in Capital 1.24B USD +0.6%
Current State and Local Tax Expense (Benefit) 1.56M USD -8.97%
Current Federal Tax Expense (Benefit) 1.15M USD -41.1%
Amortization of Intangible Assets 4.1M USD 0%
Depreciation, Depletion and Amortization 36.9M USD +1.75%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Interest Expense 87.5M USD +19.7%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%