Summit Hotel Properties
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Summit Hotel Properties's balance sheet done over the years? Its assets were worth $2,939,248,000 last year, which is less than in the previous period. 52% of Summit Hotel Properties’s total assets is currently financed by debt. Its liabilities reached the amount of $1,542,552,000, which means an decrease by -1% compared compared to last year.
Debt to Assets
| 2014 | 1459024000 | 673.82M | 46.18% |
|---|---|---|---|
| 2015 | 1580954000 | 724.02M | 45.8% |
| 2016 | 1718505000 | 705.03M | 41.03% |
| 2017 | 2209874000 | 932.49M | 42.2% |
| 2018 | 2222297000 | 1.03B | 46.36% |
| 2019 | 2355683000 | 1.11B | 47.22% |
| 2020 | 2233019000 | 1.18B | 52.89% |
| 2021 | 2264902000 | 1.15B | 51.12% |
| 2022 | 3022270000 | 1.56B | 51.75% |
| 2023 | 2939248000 | 1.54B | 52.48% |
INN-PE Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 37.83M | 51.25M | 64.48M | 20.71M | 42.23M | 44.08M | 36.54M | 34.69M | 29.32M | 38.58M |
Short term investments | 13.95M | 2.79B | 0 | 0 | 0 | 0 | 1.50M | 0 | 0 | 66K |
Net receivables | 21.34M | 21.01M | 14.47M | 35.46M | 44.21M | 44.67M | 16.98M | 29.39M | 9.43M | 18.46M |
Inventory | 0 | 89.12M | 54.05M | 25.74M | 33.55M | 36.10M | 30.65M | 87.57M | 156.21M | 38.13M |
Other current assets | 93.26M | 8.37M | 3.32M | 2.62M | 3.31M | 10.11M | 46.39M | 6.47M | 171.49M | 44.31M |
Total current assets | 166.41M | 169.77M | 136.34M | 84.54M | 123.31M | 134.97M | 105.99M | 158.13M | 210.25M | 101.35M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 34.81M | 35.02M | 26.94M | 28.42M | 29.88M | 0 | 2.05B | 1.52B | 1.33B | 1.33B |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 39.95M | 39.95M | 10.83M | 11.23M | 11.23M | 0 | 22.76M | 6.25M | 6.12M | 0 |
Long term investments | 13.95M | 16.84M | 2.08B | 2.10B | 30.93M | 30.7M | 12.35M | 17.58M | -1.33B | 0 |
Other non-current assets | 2.68B | 2.76B | 3.79M | 8.17M | 2.15B | 2.05B | 12.43M | 12.03M | 1.36B | 17.82M |
Total non-current assets | 2.77B | 2.85B | 2.12B | 2.14B | 2.23B | 2.08B | 2.10B | 1.56B | 1.37B | 1.35B |
Total assets | 2.93B | 3.02B | 2.26B | 2.23B | 2.35B | 2.22B | 2.20B | 1.71B | 1.58B | 1.45B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 19.57M | -108.70M | 11.17M | 12.90M | 213.34M |
Short term debt | 19.19M | 215M | 343.5M | 497.5M | 415M | 315M | 0 | 200M | 0 | 0 |
Total current liabilities | 286.04M | 86.82M | 70.68M | 67.77M | 76.52M | 71.44M | 64.26M | 51.50M | 45.12M | 245.33M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.43B | 1.47B | 1.08B | 1.11B | 1.03B | 958.71M | 868.23M | 652.41M | 671.53M | 626.53M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | -183.07M | -1.58B | -1.17B | -1.19B | -1.13B | 0 | 0 | 1.11M | 7.50M | 40.01M |
Total non-current liabilities | 1.25B | 1.47B | 1.08B | 1.11B | 1.03B | 958.71M | 868.23M | 653.53M | 678.90M | 428.49M |
Total liabilities | 1.54B | 1.56B | 1.15B | 1.18B | 1.11B | 1.03B | 932.49M | 705.03M | 724.02M | 673.82M |
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