Summit Hotel Financials

INN Stock  USD 6.52  0.02  0.31%   
Based on the analysis of Summit Hotel's profitability, liquidity, and operating efficiency, Summit Hotel Properties is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Summit Hotel's Other Assets are very stable compared to the past year. As of the 28th of November 2024, Common Stock Shares Outstanding is likely to grow to about 144 M, while Total Assets are likely to drop about 1.7 B. Key indicators impacting Summit Hotel's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.941.5701
Fairly Up
Very volatile
Current Ratio0.550.5818
Notably Down
Pretty Stable
The financial analysis of Summit Hotel is a critical element in measuring its lifeblood. Investors should not minimize Summit Hotel's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

46.2 Million

  
Understanding current and past Summit Hotel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Summit Hotel's financial statements are interrelated, with each one affecting the others. For example, an increase in Summit Hotel's assets may result in an increase in income on the income statement.

Summit Hotel Stock Summary

Summit Hotel competes with Diamondrock Hospitality, RLJ Lodging, Pebblebrook Hotel, Sunstone Hotel, and RLJ Lodging. Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of November 3, 2020, the Companys portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states. Summit Hotel operates under REITHotel Motel classification in the United States and is traded on New York Stock Exchange. It employs 63 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8660821005
CUSIP866082100
LocationTexas; U.S.A
Business Address13215 Bee Cave
SectorDiversified REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.shpreit.com
Phone512 538 2300
CurrencyUSD - US Dollar

Summit Hotel Key Financial Ratios

Summit Hotel Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.2B2.3B3.0B2.9B1.7B
Other Current Liab(343.2M)(432.4M)(277.3M)(246.2M)235.4M247.2M
Other Liab8.2M2.8M4.8M9.9M8.9M9.9M
Net Tangible Assets1.2B988.6M948.0M924.9M1.1B912.2M
Retained Earnings(2.3M)(179.0M)(262.6M)(288.2M)(339.8M)(356.8M)
Accounts Payable4.8M2.7M4.5M5.5M4.8M5.2M
Cash42.2M20.7M64.5M51.3M37.8M33.1M
Other Assets40.3M2.2B94.0M2.9B3.4B3.5B
Long Term Debt1.0B1.1B1.1B1.5B1.2B713.1M
Net Receivables44.2M35.5M14.5M21.0M21.3M19.3M
Inventory33.6M25.7M54.1M89.1M(14.0M)(13.3M)
Other Current Assets3.3M2.6M3.3M47.8M93.3M97.9M
Total Liab1.1B1.2B1.2B1.6B1.5B839.8M
Short Long Term Debt16.2M497.5M343.5M215M200M117.5M
Total Current Assets123.3M84.5M136.3M169.8M166.4M105.2M
Short Term Debt415M497.5M343.5M217.2M19.2M18.2M
Common Stock1.1M1.1M1.1M1.1M1.1M1.0M
Net Debt993.5M1.1B1.0B1.6B1.4B816.6M

Summit Hotel Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense41.0M43.3M43.4M65.6M86.8M91.1M
Total Revenue549.3M234.5M361.9M675.7M736.1M416.7M
Gross Profit216.2M34.1M117.3M255.9M258.0M195.7M
Operating Income82.0M(102.8M)(15.8M)67.8M58.8M40.8M
Ebit(291.4M)(340.1M)(308.0M)(409.8M)61.5M64.6M
Ebitda181.4M2.0M83.1M208.0M212.4M124.9M
Cost Of Revenue333.2M200.4M244.6M419.8M478.1M502.0M
Income Before Tax83.8M(147.9M)(67.1M)4.8M(25.3M)(24.1M)
Net Income82.6M(149.2M)(68.6M)1.5M(9.5M)(9.0M)
Income Tax Expense1.5M1.4M1.5M3.6M2.8M1.6M
Research Development0.150.630.190.010.030.0285
Non Recurring1.1M2.5M1.8M8.2M9.4M9.9M
Minority Interest(262K)(5.9M)(3.0M)249K18.6M19.6M
Tax Provision1.5M1.4M1.5M3.6M2.8M2.9M
Interest Income41.0M43.3M43.4M65.6M1.7M1.6M
Net Interest Income(41.0M)(43.3M)(43.4M)(65.6M)(85.1M)(80.9M)

Summit Hotel Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(2.7M)(30.9M)58.0M(35.1M)(14.0M)(13.3M)
Free Cash Flow148.5M(42.1M)66.1M169.6M64.1M59.3M
Depreciation99.4M109.6M106.0M150.2M150.9M82.3M
Other Non Cash Items(41.5M)6.8M5.4M(3.6M)3.7M3.9M
Capital Expenditures341.8M22.6M20.4M286.7M89.6M80.0M
Net Income82.3M(149.2M)(68.6M)1.2M(9.5M)(9.0M)
End Period Cash Flow69.8M38.9M96.9M61.8M47.8M43.5M
Dividends Paid90.8M34.2M15.5M28.4M45.8M49.6M
Investments(6.1M)(5.9M)15.8M(290.5M)(102.0M)(96.9M)
Change Receivables2.8M511K1.3M(2.7M)(3.1M)(3.0M)
Net Borrowings53.9M75.9M(31.6M)(398K)(358.2K)(340.3K)
Change To Netincome(36.2M)15.5M12.6M(6.4M)(7.3M)(7.7M)

Summit Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Summit Hotel's current stock value. Our valuation model uses many indicators to compare Summit Hotel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Summit Hotel competition to find correlations between indicators driving Summit Hotel's intrinsic value. More Info.
Summit Hotel Properties is rated fifth overall in return on equity category among its peers. It is rated third overall in return on asset category among its peers reporting about  1.53  of Return On Asset per Return On Equity. At this time, Summit Hotel's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Summit Hotel's earnings, one of the primary drivers of an investment's value.

Summit Hotel Properties Systematic Risk

Summit Hotel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Summit Hotel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Summit Hotel Properties correlated with the market. If Beta is less than 0 Summit Hotel generally moves in the opposite direction as compared to the market. If Summit Hotel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Summit Hotel Properties is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Summit Hotel is generally in the same direction as the market. If Beta > 1 Summit Hotel moves generally in the same direction as, but more than the movement of the benchmark.

Summit Hotel Thematic Clasifications

Summit Hotel Properties is part of several thematic ideas from Investing to Hotels. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Summit Hotel Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Summit Hotel's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Summit Hotel growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0384

At this time, Summit Hotel's Price Earnings To Growth Ratio is very stable compared to the past year.

Summit Hotel November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Summit Hotel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Summit Hotel Properties. We use our internally-developed statistical techniques to arrive at the intrinsic value of Summit Hotel Properties based on widely used predictive technical indicators. In general, we focus on analyzing Summit Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Summit Hotel's daily price indicators and compare them against related drivers.
When determining whether Summit Hotel Properties offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit Hotel's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Summit Hotel Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit Hotel Properties Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Summit Hotel Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Hotel & Resort REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Hotel. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Hotel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.79)
Dividend Share
0.28
Earnings Share
0.05
Revenue Per Share
6.957
Quarterly Revenue Growth
(0.03)
The market value of Summit Hotel Properties is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Hotel's value that differs from its market value or its book value, called intrinsic value, which is Summit Hotel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Hotel's market value can be influenced by many factors that don't directly affect Summit Hotel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Hotel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Hotel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Hotel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.