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.
Summit Hotel Properties Inc (INN) - Total Liabilities
Latest total liabilities as of September 2025: $1.55 Billion USD
Based on the latest financial reports, Summit Hotel Properties Inc (INN) has total liabilities worth $1.55 Billion USD as of September 2025.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Summit Hotel Properties Inc - Total Liabilities Trend (2007–2024)
This chart illustrates how Summit Hotel Properties Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Summit Hotel Properties Inc Competitors by Total Liabilities
The table below lists competitors of Summit Hotel Properties Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Ningbo Runhe High-Tech Materials Co Ltd Class A
SHE:300727
|
China | CN¥454.61 Million |
|
Avidia Bancorp, Inc.
NYSE:AVBC
|
USA | $2.46 Billion |
|
Shandong Binzhou Bohai Piston Co Ltd
SHG:600960
|
China | CN¥2.66 Billion |
|
Perion Network
NASDAQ:PERI
|
USA | $229.23 Million |
|
Viettel Construction JSC
VN:CTR
|
Vietnam | ₫5.81 Trillion |
|
Camping World Holdings Inc
NYSE:CWH
|
USA | $4.52 Billion |
|
Innovative Solutions and Support
NASDAQ:ISSC
|
USA | $38.76 Million |
Liability Composition Analysis (2007–2024)
This chart breaks down Summit Hotel Properties Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.09 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 0.40 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.77 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.54 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Summit Hotel Properties Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Summit Hotel Properties Inc (2007–2024)
The table below shows the annual total liabilities of Summit Hotel Properties Inc from 2007 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $1.51 Billion | -2.03% |
| 2023-12-31 | $1.54 Billion | -1.38% |
| 2022-12-31 | $1.56 Billion | +35.10% |
| 2021-12-31 | $1.16 Billion | -1.97% |
| 2020-12-31 | $1.18 Billion | +6.17% |
| 2019-12-31 | $1.11 Billion | +7.97% |
| 2018-12-31 | $1.03 Billion | +10.47% |
| 2017-12-31 | $932.50 Million | +32.26% |
| 2016-12-31 | $705.03 Million | -2.62% |
| 2015-12-31 | $724.03 Million | +7.45% |
| 2014-12-31 | $673.82 Million | +42.73% |
| 2013-12-31 | $472.10 Million | +26.71% |
| 2012-12-31 | $372.59 Million | +58.85% |
| 2011-12-31 | $234.56 Million | -45.85% |
| 2010-12-31 | $433.16 Million | -0.87% |
| 2009-12-31 | $436.95 Million | +7.36% |
| 2008-12-31 | $406.99 Million | -- |
| 2007-12-31 | $0.00 | -- |