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, TX
State of incorporation
MD
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 4, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 165 % -0.54%
Return On Equity -3.59 % +75.9%
Return On Assets -1.73 % +75.3%
Operating Margin 13.1 % +47.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 108M shares +0.78%
Common Stock, Shares, Outstanding 108M shares +0.82%
Entity Public Float 683M USD -10%
Common Stock, Value, Issued 1.09M USD +0.84%
Weighted Average Number of Shares Outstanding, Basic 106M shares +0.36%
Weighted Average Number of Shares Outstanding, Diluted 106M shares +0.36%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 736M USD +0.72%
General and Administrative Expense 31.8M USD -1.45%
Costs and Expenses 669M USD +0.44%
Operating Income (Loss) 96.1M USD +48.2%
Nonoperating Income (Expense) -75.4M USD +9.34%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 20.8M USD +26.9%
Income Tax Expense (Benefit) 4.04M USD +529%
Net Income (Loss) Attributable to Parent -42.6M USD +73.3%
Earnings Per Share, Basic 0.07 USD/shares +20%
Earnings Per Share, Diluted 0.01 USD/shares +20%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 51.7M USD -6.53%
Operating Lease, Right-of-Use Asset 33.5M USD -5%
Intangible Assets, Net (Excluding Goodwill) 27M USD -15%
Assets 2.84B USD -5.9%
Liabilities 1.46B USD -6.76%
Accumulated Other Comprehensive Income (Loss), Net of Tax 4.96M USD -76.2%
Retained Earnings (Accumulated Deficit) -339M USD -7.03%
Stockholders' Equity Attributable to Parent 911M USD -3.25%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.32B USD -5.15%
Liabilities and Equity 2.84B USD -5.9%

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 +0.82%
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 59M USD -11.3%
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 24.9M USD -4.69%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 10.5M USD +2503%
Lessee, Operating Lease, Liability, to be Paid 45.2M USD -5.12%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.21M USD -3.46%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.25M USD -0.53%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 20.3M USD -5.65%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.25M USD +0.45%
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.09M USD -8.41%
Operating Lease, Payments 4.1M USD +5.13%
Additional Paid in Capital 1.24B USD +0.6%
Amortization of Intangible Assets 3.9M USD -2.5%
Depreciation, Depletion and Amortization 36.9M USD +1.75%
Interest Expense 87.5M USD +19.7%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%