Summit Hotel Properties Inc (INN) - Net Assets
Based on the latest financial reports, Summit Hotel Properties Inc (INN) has net assets worth $1.30 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.85 Billion) and total liabilities ($1.55 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Summit Hotel Properties Inc's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.30 Billion |
| % of Total Assets | 45.62% |
| Annual Growth Rate | N/A |
| 5-Year Change | 31.65% |
| 10-Year Change | 61.63% |
| Growth Volatility | 105.96 |
Summit Hotel Properties Inc - Net Assets Trend (2007–2024)
This chart illustrates how Summit Hotel Properties Inc's net assets have evolved over time, based on quarterly financial data. Also explore Summit Hotel Properties Inc (INN) total assets for the complete picture of this company's asset base.
Annual Net Assets for Summit Hotel Properties Inc (2007–2024)
The table below shows the annual net assets of Summit Hotel Properties Inc from 2007 to 2024. For live valuation and market cap data, see Summit Hotel Properties Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.39 Billion | -0.83% |
| 2023-12-31 | $1.40 Billion | -4.22% |
| 2022-12-31 | $1.46 Billion | +31.70% |
| 2021-12-31 | $1.11 Billion | +5.24% |
| 2020-12-31 | $1.05 Billion | -15.39% |
| 2019-12-31 | $1.24 Billion | +4.30% |
| 2018-12-31 | $1.19 Billion | -6.67% |
| 2017-12-31 | $1.28 Billion | +26.04% |
| 2016-12-31 | $1.01 Billion | +18.27% |
| 2015-12-31 | $856.93 Million | +9.13% |
| 2014-12-31 | $785.20 Million | -4.52% |
| 2013-12-31 | $822.38 Million | +32.35% |
| 2012-12-31 | $621.35 Million | +94.51% |
| 2011-12-31 | $319.45 Million | +433.81% |
| 2010-12-31 | $59.84 Million | -26.39% |
| 2009-12-31 | $81.30 Million | -7.36% |
| 2008-12-31 | $87.76 Million | -- |
| 2007-12-31 | $0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Summit Hotel Properties Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 34704100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.08 Million | 0.12% |
| Other Comprehensive Income | $9.17 Million | 1.01% |
| Other Components | $1.25 Billion | 137.03% |
| Total Equity | $909.54 Million | 100.00% |
Summit Hotel Properties Inc Competitors by Market Cap
The table below lists competitors of Summit Hotel Properties Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rusoro Mining Ltd
V:RML
|
$489.65 Million |
|
Beijing Bashi Media Co Ltd
SHG:600386
|
$489.71 Million |
|
Leaguer Shenzhen MicroElectronics Corp
SHG:688589
|
$489.76 Million |
|
QingCloud Technologies Corp.
SHG:688316
|
$489.93 Million |
|
MNRB Holdings Bhd
KLSE:6459
|
$489.55 Million |
|
Zhejiang Jinfei Kaida Wheel Co Ltd
SHE:002863
|
$489.50 Million |
|
Shanghai Jinfeng Wine Co Ltd
SHG:600616
|
$489.48 Million |
|
Korla Pear
SHG:600506
|
$489.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Summit Hotel Properties Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 911,195,000 to 909,545,000, a change of -1,650,000 (-0.2%).
- Net income of 43,642,000 contributed positively to equity growth.
- Dividend payments of 55,676,000 reduced retained earnings.
- Share repurchases of 939,000 reduced equity.
- Other comprehensive income decreased equity by 1,794,000.
- Other factors increased equity by 13,117,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $43.64 Million | +4.8% |
| Dividends Paid | $55.68 Million | -6.12% |
| Share Repurchases | $939.00K | -0.1% |
| Other Comprehensive Income | $-1.79 Million | -0.2% |
| Other Changes | $13.12 Million | +1.44% |
| Total Change | $- | -0.18% |
Book Value vs Market Value Analysis
This analysis compares Summit Hotel Properties Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.76x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $0.00 | $5.19 | x |
| 2008-12-31 | $0.48 | $5.19 | x |
| 2009-12-31 | $0.48 | $5.19 | x |
| 2010-12-31 | $0.33 | $5.19 | x |
| 2011-12-31 | $2.24 | $5.19 | x |
| 2012-12-31 | $17.34 | $5.19 | x |
| 2013-12-31 | $11.52 | $5.19 | x |
| 2014-12-31 | $9.11 | $5.19 | x |
| 2015-12-31 | $9.79 | $5.19 | x |
| 2016-12-31 | $11.56 | $5.19 | x |
| 2017-12-31 | $12.77 | $5.19 | x |
| 2018-12-31 | $11.46 | $5.19 | x |
| 2019-12-31 | $11.29 | $5.19 | x |
| 2020-12-31 | $9.49 | $5.19 | x |
| 2021-12-31 | $9.07 | $5.19 | x |
| 2022-12-31 | $9.13 | $5.19 | x |
| 2023-12-31 | $8.63 | $5.19 | x |
| 2024-12-31 | $6.87 | $5.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Summit Hotel Properties Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.96%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 3.18x
- Recent ROE (4.80%) is above the historical average (-0.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 14.63% | 9.68% | 0.27x | 5.54x | $4.14 Million |
| 2009 | -19.67% | -13.46% | 0.23x | 6.25x | $-24.61 Million |
| 2010 | -34.03% | -15.42% | 0.28x | 8.02x | $-27.07 Million |
| 2011 | -1.06% | -2.19% | 0.24x | 1.99x | $-30.75 Million |
| 2012 | 0.43% | 0.98% | 0.26x | 1.70x | $-55.95 Million |
| 2013 | 0.73% | 1.97% | 0.23x | 1.60x | $-75.11 Million |
| 2014 | 2.68% | 5.17% | 0.28x | 1.87x | $-57.09 Million |
| 2015 | 14.59% | 26.85% | 0.29x | 1.85x | $39.17 Million |
| 2016 | 10.67% | 22.75% | 0.28x | 1.70x | $6.80 Million |
| 2017 | 7.78% | 19.25% | 0.23x | 1.73x | $-28.24 Million |
| 2018 | 7.64% | 16.03% | 0.26x | 1.87x | $-28.06 Million |
| 2019 | 7.04% | 15.04% | 0.23x | 2.01x | $-34.77 Million |
| 2020 | -14.50% | -61.14% | 0.10x | 2.26x | $-242.21 Million |
| 2021 | -6.92% | -18.12% | 0.16x | 2.39x | $-160.38 Million |
| 2022 | 0.15% | 0.22% | 0.22x | 3.15x | $-94.52 Million |
| 2023 | -1.04% | -1.29% | 0.25x | 3.23x | $-100.61 Million |
| 2024 | 4.80% | 5.96% | 0.25x | 3.18x | $-47.31 Million |
Industry Comparison
This section compares Summit Hotel Properties Inc's net assets metrics with peer companies in the REIT - Hotel & Motel industry.
Industry Context
- Industry: REIT - Hotel & Motel
- Average net assets among peers: $2,199,339,202
- Average return on equity (ROE) among peers: -15.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Summit Hotel Properties Inc (INN) | $1.30 Billion | 14.63% | 1.19x | $489.64 Million |
| Ashford Hospitality Trust Inc (AHT) | $749.27 Million | -8.94% | 5.23x | $19.23 Million |
| Apple Hospitality REIT Inc (APLE) | $3.01 Billion | 0.23% | 0.25x | $2.91 Billion |
| Braemar Hotel & Resorts Inc (BHR) | $523.87 Million | -5.09% | 2.59x | $164.83 Million |
| Chatham Lodging Trust REIT (CLDT) | $775.02 Million | 2.41% | 0.86x | $370.84 Million |
| Diamondrock Hospitality Company Common Stock (DRH) | $1.02 Billion | 5.20% | 1.07x | $1.89 Billion |
| Host Hotels & Resorts Inc (HST) | $6.43 Billion | -11.38% | 1.00x | $13.73 Billion |
| InnSuites Hospitality Trust (IHT) | $4.55 Million | -166.11% | 4.40x | $10.31 Million |
| Pebblebrook Hotel Trust (PEB) | $1.31 Billion | 1.99% | 0.41x | $1.48 Billion |
| Park Hotels & Resorts Inc (PK) | $5.96 Billion | 44.03% | 0.63x | $2.16 Billion |
About Summit Hotel Properties Inc
Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded lodging facilities with efficient operating models primarily in the upscale segment of the lodging industry. As of November 4, 2025, the Company's portfolio consisted of 95 assets, 52 of which are wholly owned, with a total of 14,347 guestrooms located in 24 states.