Summit Hotel Properties Inc (INN) — Defensive Interval Ratio
Summit Hotel Properties Inc (INN) has a Defensive Interval Ratio of 9722 days as of September 2025. Defensive assets of $2.74 Billion (cash $41.13 Million, short-term investments $2.68 Billion, receivables $19.02 Million) cover 9722 days of daily cash needs of $281.55K/day. Check Summit Hotel Properties Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Summit Hotel Properties Inc Defensive Interval Ratio (2008–2024)
This chart shows how Summit Hotel Properties Inc's Defensive Interval Ratio has evolved across 17 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 9722 days, meaning defensive assets of $2.74 Billion can fund 9722 days of operations without new revenue. Also explore net asset momentum of Summit Hotel Properties Inc to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Summit Hotel Properties Inc (2008–2024)
The table below presents the year-by-year Defensive Interval Ratio for Summit Hotel Properties Inc from 2008 to 2024, covering 17 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Summit Hotel Properties Inc market cap and net worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 3419 days | $2.81 Billion | $820.83K/day | $40.64 Million | $2.75 Billion | ▲ +3326 days |
| 2023 | 93 days | $73.14 Million | $783.68K/day | $37.84 Million | $13.96 Million | ▼ -3371 days |
| 2022 | 3465 days | $2.86 Billion | $826.91K/day | $51.26 Million | $2.79 Billion | ▼ -7746 days |
| 2021 | 11211 days | $2.17 Billion | $193.65K/day | $64.48 Million | $2.09 Billion | ▲ +10908 days |
| 2020 | 303 days | $56.18 Million | $185.68K/day | $20.72 Million | $- | ▼ -110 days |
| 2019 | 412 days | $86.45 Million | $209.66K/day | $42.24 Million | $- | ▼ -59 days |
| 2018 | 471 days | $92.23 Million | $195.73K/day | $44.09 Million | $3.46 Million | ▼ -70 days |
| 2017 | 542 days | $95.35 Million | $176.06K/day | $36.55 Million | $29.46 Million | ▼ -89 days |
| 2016 | 631 days | $88.97 Million | $141.10K/day | $34.69 Million | $24.88 Million | ▲ +368 days |
| 2015 | 263 days | $32.51 Million | $123.62K/day | $- | $23.07 Million | ▲ +184 days |
| 2014 | 79 days | $52.85 Million | $672.15K/day | $- | $34.40 Million | ▼ -402 days |
| 2013 | 480 days | $45.73 Million | $95.17K/day | $- | $38.50 Million | ▲ +378 days |
| 2012 | 102 days | $9.10 Million | $89.16K/day | $- | $3.62 Million | ▼ -1 days |
| 2011 | 103 days | $4.92 Million | $47.82K/day | $- | $1.46 Million | ▲ +86 days |
| 2010 | 17 days | $8.48 Million | $492.99K/day | $- | $1.19 Million | ▲ +8 days |
| 2009 | 10 days | $4.36 Million | $456.42K/day | $- | $1.75 Million | ▼ -7 days |
| 2008 | 17 days | $2.62 Million | $153.88K/day | $- | $0.00 | — |