Summit Hotel Properties, Inc.INN
Market cap
$576.82M
P/E ratio
| Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Investments in lodging property, net | - | - | - | - | - | - | - | - | - | - | - | 2,793 | 2,729 | 2,746 |
| Land Available for Development | 20 | 16 | 14 | 8 | 6 | 6 | 3 | 2 | 2 | 2 | 2 | - | 1 | 8 |
| Assets held for sale, net | - | - | 12 | 0 | 133 | 63 | 1 | 8 | 0 | 0 | 0 | 79 | 74 | 2 |
| Cash and cash equivalents | 11 | 14 | 47 | 39 | 29 | 35 | 37 | 44 | 42 | 21 | 64 | 51 | 38 | 41 |
| Restricted cash | 1 | 4 | 38 | 34 | 23 | 25 | 29 | 28 | 28 | 18 | 32 | 11 | 10 | 8 |
| Right-of-use assets, net | - | - | - | - | - | - | - | - | 30 | 28 | 27 | 35 | 35 | 33 |
| Trade receivables, net | 3 | 5 | 7 | 8 | 9 | 12 | 17 | 14 | 13 | 12 | 14 | 21 | 21 | 19 |
| Prepaid expenses and other | 4 | 5 | 9 | 6 | 15 | 6 | 9 | 10 | 9 | 10 | 24 | 8 | 9 | 10 |
| Deferred Costs, Net | - | - | 10 | 10 | 9 | - | 5 | 5 | 5 | 4 | 4 | 7 | 7 | 6 |
| Other assets | 4 | 4 | 7 | 14 | 22 | 12 | 12 | 15 | 12 | 8 | 4 | 18 | 16 | 24 |
| Total assets | 554 | 811 | 1,294 | 1,459 | 1,581 | 1,719 | 2,210 | 2,222 | 2,356 | 2,233 | 2,265 | 3,022 | 2,939 | 2,896 |
| Long-Term Debt | - | - | 436 | 627 | 677 | 652 | 868 | 959 | 1,016 | 1,095 | 1,070 | 1,452 | 1,431 | 1,397 |
| Lease liabilities, net | - | - | - | - | - | - | - | - | 20 | 18 | 17 | 25 | 26 | 25 |
| Accounts payable | 2 | 5 | 8 | 7 | 3 | 5 | 8 | 5 | 5 | 3 | 4 | 6 | 5 | 7 |
| Accrued expenses and other | - | - | - | - | 42 | - | 56 | 66 | 72 | 65 | 66 | 81 | 81 | 82 |
| Total liabilities | 235 | 337 | 472 | 674 | 724 | 705 | 932 | 1,030 | 1,112 | 1,181 | 1,158 | 1,564 | 1,543 | 1,511 |
| Redeemable non-controlling interests | - | - | - | - | - | - | - | - | - | - | - | 50 | 50 | 50 |
| 6.25% Series E Preferred Stock | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 5.875% Series F Preferred Stock | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 |
| Preferred stock | 20,000 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock, Value, Issued | 272,780 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Additional paid-in capital | 289 | 469 | 883 | 888 | 894 | 1,011 | 1,263 | 1,185 | 1,191 | 1,197 | 1,225 | 1,232 | 1,239 | 1,246 |
| Accumulated other comprehensive income | - | -1 | -1 | -2 | -2 | -1 | 1 | -1 | -16 | -31 | -16 | 15 | 11 | 9 |
| Retained Earnings (Accumulated Deficit) | -11,020,151 | -32 | -73 | -108 | - | - | 9 | 5 | -2 | -179 | -263 | -288 | -340 | -347 |
| Total stockholders’ equity | 319 | 474 | 822 | 785 | 857 | 1,013 | 1,277 | 1,192 | 1,243 | 1,052 | 1,107 | 1,408 | 1,346 | 1,335 |
| Non-controlling interests | 41 | 37 | - | - | - | - | - | - | - | - | - | 448 | 435 | 425 |
| Total equity | 319 | 474 | 822 | 785 | 857 | 1,013 | 1,277 | 1,192 | 1,243 | 1,052 | 1,107 | 1,408 | 1,346 | 1,335 |
| Total liabilities, redeemable non-controlling interests and equity | 554 | 811 | 1,294 | 1,459 | 1,581 | 1,719 | 2,210 | 2,222 | 2,356 | 2,233 | 2,265 | 3,022 | 2,939 | 2,896 |