Summit Hotel Properties, Inc. (INN)

Summit Hotel Properties Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	39.49	40.64	37.84	51.26	64.49	20.72
Trading Asset Securities	5.49	11.57	13.96	16.84	-	-
Cash & Short-Term Investments	44.98	52.21	51.8	68.1	64.49	20.72
Cash Growth	-30.76%	0.80%	-23.94%	5.60%	211.24%	-50.95%
Accounts Receivable	22.55	18.63	21.35	21.02	14.48	11.78
Other Receivables	-	1.16	-	-	-	-
Receivables	22.55	19.78	21.35	21.02	14.48	11.78
Prepaid Expenses	14.2	4.52	5.05	3.35	8.4	6.75
Restricted Cash	8.73	7.72	9.93	10.55	32.46	18.18
Other Current Assets	0.93	6.49	70.28	33.86	12.55	10.6
Total Current Assets	91.39	90.72	158.41	136.87	132.38	68.02
Property, Plant & Equipment	2,730	2,761	2,743	2,842	2,108	2,123
Other Intangible Assets	25.79	26.58	30.7	34.84	10.83	10.92
Long-Term Deferred Tax Assets	-	11.3	0.02	0.11	0.05	0
Long-Term Deferred Charges	10.47	6.46	6.86	7.41	11.11	4.43
Other Long-Term Assets	10.92	0.49	0.72	1	2.45	2.51
Total Assets	2,868	2,896	2,939	3,022	2,265	2,233
Accounts Payable	7.29	7.45	4.83	5.52	4.46	2.67
Accrued Expenses	81.14	74.8	74.63	71.44	45.7	31.46
Current Portion of Long-Term Debt	287.5	-	-	-	-	-
Current Portion of Leases	1.25	2.33	-	-	-	-
Total Current Liabilities	377.18	84.58	79.45	76.96	50.16	34.13
Long-Term Debt	1,138	1,397	1,431	1,452	1,086	1,126
Long-Term Leases	23.52	22.54	25.84	25.48	17.23	18.44
Other Long-Term Liabilities	-	7.36	6.59	9.86	4.79	2.79
Total Liabilities	1,539	1,511	1,543	1,564	1,158	1,181
Common Stock	1.09	1.08	1.08	1.07	1.06	1.06
Additional Paid-In Capital	1,260	1,246	1,239	1,232	1,225	1,197
Retained Earnings	-370.88	-347.04	-339.85	-288.2	-262.64	-179.01
Comprehensive Income & Other	4.4	9.17	10.97	14.54	-15.64	-30.72
Total Common Equity	895.04	909.44	911.09	959.71	947.97	988.65
Minority Interest	434.04	475.5	485.5	498.36	159.12	63.32
Shareholders' Equity	1,329	1,385	1,397	1,458	1,107	1,052
Total Liabilities & Equity	2,868	2,896	2,939	3,022	2,265	2,233
Total Debt	1,451	1,422	1,457	1,477	1,103	1,144
Net Cash (Debt)	-1,406	-1,369	-1,405	-1,409	-1,038	-1,123
Net Cash Per Share	-13.15	-10.35	-13.31	-13.40	-9.94	-10.79
Filing Date Shares Outstanding	105.88	109.78	107.59	106.9	106.34	105.71
Total Common Shares Outstanding	105.89	108.44	107.59	106.9	106.34	105.71
Working Capital	-285.78	6.14	78.96	59.92	82.21	33.89
Book Value Per Share	8.45	8.39	8.47	8.98	8.91	9.35
Tangible Book Value	869.25	882.87	880.39	924.87	937.14	977.73
Tangible Book Value Per Share	8.21	8.14	8.18	8.65	8.81	9.25
Land	416.2	415.15	375.41	373.11	323.28	319.6
Buildings	2,899	2,867	2,799	2,816	2,128	2,067
Machinery	302.06	296.48	269.68	252.84	167.25	173.35
Construction In Progress	43.33	42.91	42.81	64.16	18.32	8.9

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q