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 - Q2 2024 - Jul 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 166 % +0.86%
Return On Equity -3.59 % +75.9%
Return On Assets -1.73 % +75.3%
Operating Margin 13.1 % +44.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 108M shares +0.71%
Common Stock, Shares, Outstanding 108M shares +0.66%
Entity Public Float 683M USD -10%
Common Stock, Value, Issued 1.08M USD +0.65%
Weighted Average Number of Shares Outstanding, Basic 106M shares +0.34%
Weighted Average Number of Shares Outstanding, Diluted 149M shares +41.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 741M USD +1.9%
General and Administrative Expense 32.4M USD +5.81%
Costs and Expenses 673M USD +1.74%
Operating Income (Loss) 96.8M USD +47.6%
Nonoperating Income (Expense) -77.3M USD +3.78%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 19.6M USD +2343%
Income Tax Expense (Benefit) 5.07M USD +200%
Net Income (Loss) Attributable to Parent -42.6M USD +73.3%
Earnings Per Share, Basic 0.06 USD/shares
Earnings Per Share, Diluted 0 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 45.9M USD -21.5%
Operating Lease, Right-of-Use Asset 33.9M USD -4.98%
Intangible Assets, Net (Excluding Goodwill) 28.6M USD -12.6%
Assets 2.87B USD -5.36%
Liabilities 1.46B USD -6.99%
Accumulated Other Comprehensive Income (Loss), Net of Tax 14.4M USD -19.9%
Retained Earnings (Accumulated Deficit) -326M USD -6.96%
Stockholders' Equity Attributable to Parent 932M USD -1.82%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.36B USD -3.73%
Liabilities and Equity 2.87B USD -5.36%

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 +0.66%
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 52.6M USD -25.2%
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 25.2M USD -4.64%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 21.7M USD +27.1%
Lessee, Operating Lease, Liability, to be Paid 45.7M USD -5.09%
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 20.6M USD -5.64%
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 +0.61%
Amortization of Intangible Assets 4.1M 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%