Summit Hotel Properties
Cash Flow
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Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Summit Hotel Properties generated cash of $153,641,000, which is less than the previous year. Cash used in financing activities reached the amount of -$65,723,000 last year. Net change in cash is therefore -$14,040,000.
Cash Flow
| 2014 | 102.13M | -200.54M | 90.28M |
|---|---|---|---|
| 2015 | 132.21M | -131.11M | -10.35M |
| 2016 | 137.93M | -154.44M | 21.87M |
| 2017 | 146.92M | -515.52M | 370.44M |
| 2018 | 161.65M | -63.05M | -92.04M |
| 2019 | 148.47M | -182.16M | 30.96M |
| 2020 | -42.05M | -30.71M | 41.82M |
| 2021 | 66.05M | -74.24M | 66.24M |
| 2022 | 169.61M | -290.51M | 85.76M |
| 2023 | 153.64M | -101.95M | -65.72M |
INN Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 61.80M | 96.94M | 38.89M | 69.83M | 72.55M | 66.00M | 34.69M | 29.32M | 38.58M | 46.70M |
Operating activities | ||||||||||
Net income | -9.48M | 1.21M | -68.58M | -149.24M | 82.34M | 91.12M | 99.52M | 108.26M | 125.25M | 20.92M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 150.92M | 150.16M | 105.95M | 109.61M | 99.44M | 101.01M | 85.92M | 72.40M | 64.05M | 65.32M |
Stock-based compensation expense | 7.74M | 8.44M | 10.68M | 6.47M | 6.21M | 6.66M | 5.88M | 4.22M | 4.75M | 3.52M |
| Deferred income tax benefit | 7.74M | 8.44M | 10.68M | 6.47M | 6.21M | 6.66M | 5.88M | 4.22M | 4.75M | 3.52M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -334K | -7.25M | -2.70M | 1.28M | 511K | 2.78M | -5.03M | -2.65M | -1.72M | -419K |
Inventories | 1 | 0 | 0 | 0 | 0 | -71.54M | -2.45M | -626K | 28K | 3.61M |
Accounts payable | -380K | -438K | 1.85M | -1.42M | -314K | -424K | 4.10M | 4.47M | 714K | 1.07M |
Cash generated by operating activities | 153.64M | 169.61M | 66.05M | -42.05M | 148.47M | 161.65M | 146.92M | 137.93M | 132.21M | 102.13M |
Investing activities | ||||||||||
Purchases Of Investments | -50.01M | -288.89M | -79.68M | -9.90M | -290.92M | -100.67M | -631.56M | -275.21M | -239.22M | 0 |
Investments In Property Plant And Equipment | -89.58M | -76.46M | -20.35M | -22.63M | -59.26M | -66.61M | -37.19M | -42.43M | -43.19M | -42.68M |
Acquisitions Net | 0 | 204.79M | 115.54M | 622K | 68.71M | 0 | 0 | -244.71M | -236.51M | -8.23M |
Cash generated by investing activities | -101.95M | -290.51M | -74.24M | -30.71M | -182.16M | -63.05M | -515.52M | -154.44M | -131.11M | -200.54M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 96.61M | 202.5M | 0 | 0 | 318.30M | 161.34M | 0 | 0 |
Payments for dividends | -45.77M | -28.38M | -15.52M | -33.75M | -90.78M | -92.24M | -85.63M | -66.71M | -57.60M | -56.55M |
Repurchases of common stock | -1.80M | -2.45M | -77.69M | -469K | -839K | -2.72M | -961K | -50M | 0 | 0 |
Repayments of term debt | -17.28M | -398K | -351.93M | -123.74M | 57.71M | -91.90M | 215.55M | -424.54M | 50.25M | -115.82M |
Cash used in financing activities | -65.72M | 85.76M | 66.24M | 41.82M | 30.96M | -92.04M | 370.44M | 21.87M | -10.35M | 90.28M |
Net Change In Cash | -14.04M | -35.13M | 58.04M | -30.93M | -2.72M | 6.54M | 1.85M | 5.36M | -9.25M | -8.12M |
Cash at end of period | 47.76M | 61.80M | 96.94M | 38.89M | 69.83M | 72.55M | 36.54M | 34.69M | 29.32M | 38.58M |
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