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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	48.19	40.64	37.84	51.26	64.49	20.72
Trading Asset Securities	7.91	11.57	13.96	16.84	-	-
Cash & Short-Term Investments	56.1	52.21	51.8	68.1	64.49	20.72
Cash Growth	-32.48%	0.80%	-23.94%	5.60%	211.24%	-50.95%
Accounts Receivable	23.57	18.63	21.35	21.02	14.48	11.78
Other Receivables	-	1.16	-	-	-	-
Receivables	23.57	19.78	21.35	21.02	14.48	11.78
Prepaid Expenses	15.68	4.52	5.05	3.35	8.4	6.75
Restricted Cash	8.14	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	104.41	90.72	158.41	136.87	132.38	68.02
Property, Plant & Equipment	2,745	2,761	2,743	2,842	2,108	2,123
Other Intangible Assets	26.19	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	10.63	6.46	6.86	7.41	11.11	4.43
Other Long-Term Assets	11.44	0.49	0.72	1	2.45	2.51
Total Assets	2,897	2,896	2,939	3,022	2,265	2,233
Accounts Payable	8.76	7.45	4.83	5.52	4.46	2.67
Accrued Expenses	78.59	74.8	74.63	71.44	45.7	31.46
Current Portion of Long-Term Debt	333.09	-	-	-	-	-
Current Portion of Leases	1.75	2.33	-	-	-	-
Total Current Liabilities	422.19	84.58	79.45	76.96	50.16	34.13
Long-Term Debt	1,085	1,397	1,431	1,452	1,086	1,126
Long-Term Leases	22.83	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	1,530	1,511	1,543	1,564	1,158	1,181
Common Stock	1.12	1.08	1.08	1.07	1.06	1.06
Additional Paid-In Capital	1,273	1,246	1,239	1,232	1,225	1,197
Retained Earnings	-360.4	-347.04	-339.85	-288.2	-262.64	-179.01
Comprehensive Income & Other	6.45	9.17	10.97	14.54	-15.64	-30.72
Total Common Equity	920.34	909.44	911.09	959.71	947.97	988.65
Minority Interest	447.4	475.5	485.5	498.36	159.12	63.32
Shareholders' Equity	1,368	1,385	1,397	1,458	1,107	1,052
Total Liabilities & Equity	2,897	2,896	2,939	3,022	2,265	2,233
Total Debt	1,442	1,422	1,457	1,477	1,103	1,144
Net Cash (Debt)	-1,386	-1,369	-1,405	-1,409	-1,038	-1,123
Net Cash Per Share	-10.43	-10.35	-13.31	-13.40	-9.94	-10.79
Filing Date Shares Outstanding	109.28	109.78	107.59	106.9	106.34	105.71
Total Common Shares Outstanding	109.28	108.44	107.59	106.9	106.34	105.71
Working Capital	-317.78	6.14	78.96	59.92	82.21	33.89
Book Value Per Share	8.42	8.39	8.47	8.98	8.91	9.35
Tangible Book Value	894.15	882.87	880.39	924.87	937.14	977.73
Tangible Book Value Per Share	8.18	8.14	8.18	8.65	8.81	9.25
Land	415.57	415.15	375.41	373.11	323.28	319.6
Buildings	2,875	2,867	2,799	2,816	2,128	2,067
Machinery	299.58	296.48	269.68	252.84	167.25	173.35
Construction In Progress	52.68	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