Summit Hotel Properties Inc (INN) - Total Assets
Based on the latest financial reports, Summit Hotel Properties Inc (INN) holds total assets worth $2.85 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check INN total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Summit Hotel Properties Inc - Total Assets Trend (2007–2024)
This chart illustrates how Summit Hotel Properties Inc's total assets have evolved over time, based on quarterly financial data. Explore Summit Hotel Properties Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.
Summit Hotel Properties Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Summit Hotel Properties Inc's total assets of $2.85 Billion consist of 2.6% current assets and 97.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $40.64 Million | 1.4% |
| Accounts Receivable | $19.78 Million | 0.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $2.78 Billion | 96.0% |
| Intangible Assets | $32.27 Million | 1.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Summit Hotel Properties Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Summit Hotel Properties Inc market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Summit Hotel Properties Inc's current assets represent 2.6% of total assets in 2024, an increase from 0.0% in 2007.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2024, up from 0.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is property, plant & equipment at 96.0% of total assets.
Summit Hotel Properties Inc Competitors by Total Assets
Key competitors of Summit Hotel Properties Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Covivio Hotels
PA:COVH
|
France | €6.80 Billion |
|
Apple Hospitality REIT Inc
NYSE:APLE
|
USA | $4.89 Billion |
|
Diamondrock Hospitality Company Common Stock
NYSE:DRH
|
USA | $3.01 Billion |
|
Atom Hoteles Socimi
MC:YATO
|
Spain | €634.38 Million |
|
R&R Real Estate Investment Trust
V:RRR-UN
|
Canada | CA$98.94 Million |
|
BLE KEDROS REIC EO 1
F:N67
|
Germany | €145.67 Million |
|
Kizilbuk Gayrimenkul Yatirim Ortakligi AS
IS:KZBGY
|
Turkey | TL30.88 Billion |
|
Mode Tour Real Estate Investment Trust Inc
KO:204210
|
Korea | ₩76.02 Billion |
Summit Hotel Properties Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.09 | 1.12 | 1.25 |
| Quick Ratio | 1.09 | 0.34 | 0.87 |
| Cash Ratio | 0.40 | 0.50 | 0.00 |
| Working Capital | $9.53 Million | $12.22 Million | $16.77 Million |
Summit Hotel Properties Inc - Advanced Valuation Insights
This section examines the relationship between Summit Hotel Properties Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.57 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -1.5% |
| Total Assets | $2.90 Billion |
| Market Capitalization | $489.64 Million USD |
Valuation Analysis
Below Book Valuation: The market values Summit Hotel Properties Inc's assets below their book value (0.17x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Summit Hotel Properties Inc's assets decreased by 1.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Summit Hotel Properties Inc (2007–2024)
The table below shows the annual total assets of Summit Hotel Properties Inc from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.90 Billion | -1.46% |
| 2023-12-31 | $2.94 Billion | -2.75% |
| 2022-12-31 | $3.02 Billion | +33.44% |
| 2021-12-31 | $2.26 Billion | +1.43% |
| 2020-12-31 | $2.23 Billion | -5.21% |
| 2019-12-31 | $2.36 Billion | +6.00% |
| 2018-12-31 | $2.22 Billion | +0.56% |
| 2017-12-31 | $2.21 Billion | +28.59% |
| 2016-12-31 | $1.72 Billion | +8.70% |
| 2015-12-31 | $1.58 Billion | +8.36% |
| 2014-12-31 | $1.46 Billion | +12.71% |
| 2013-12-31 | $1.29 Billion | +30.24% |
| 2012-12-31 | $993.93 Million | +79.41% |
| 2011-12-31 | $554.00 Million | +12.37% |
| 2010-12-31 | $493.01 Million | -4.87% |
| 2009-12-31 | $518.25 Million | +4.75% |
| 2008-12-31 | $494.76 Million | -- |
| 2007-12-31 | $0.00 | -- |
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.