Summit Total Liab vs Total Stockholder Equity Analysis

INN Stock

USD 6.04 0.06 0.98%

Summit Hotel financial indicator trend analysis is much more than just breaking down Summit Hotel Properties prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Summit Hotel Properties is a good investment. Please check the relationship between Summit Hotel Total Liab and its Total Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Summit Hotel Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Liab vs Total Stockholder Equity

Total Liab vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Summit Hotel Properties Total Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.

The correlation between Summit Hotel's Total Liab and Total Stockholder Equity is 0.74. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Summit Hotel Properties, assuming nothing else is changed. The correlation between historical values of Summit Hotel's Total Liab and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Summit Hotel Properties are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Liab i.e., Summit Hotel's Total Liab and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Summit Hotel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Summit Hotel Properties current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Summit Hotel Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Summit Hotel's Discontinued Operations is very stable compared to the past year. As of the 7th of June 2024, Tax Provision is likely to grow to about 2.9 M, while Selling General Administrative is likely to drop about 29.1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	43.4M	65.6M	98.4M	103.3M
Depreciation And Amortization	106.0M	143.6M	150.9M	82.7M

Interest Expense Depreciation And Amortization

Summit Hotel fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Total Permanent Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Common Stock Total Equity	Retained Earnings Total Equity	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Additional Paid In Capital	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Preferred Stock Total Equity
Total Assets		-0.19	0.39	0.84	-0.2	0.76	0.77	0.38	0.22	0.77	0.52	0.98	0.67	0.89	-0.61	-0.54	0.6	0.2	-0.24	-0.3	0.98	0.77	0.72	0.82	0.5	0.9
Other Current Liab	-0.19		0.48	-0.37	0.09	-0.2	-0.01	-0.17	0.13	-0.16	0.42	-0.28	-0.49	-0.35	0.08	0.13	-0.67	-0.45	-0.71	0.13	-0.18	-0.01	-0.19	-0.15	-0.3	-0.17
Total Current Liabilities	0.39	0.48		0.19	0.2	0.23	0.37	0.19	0.17	0.34	0.66	0.37	0.16	0.35	-0.5	-0.23	-0.16	-0.35	-0.81	-0.18	0.43	0.37	0.56	0.6	0.17	0.38
Total Stockholder Equity	0.84	-0.37	0.19		-0.01	0.9	0.63	0.46	0.4	0.72	0.12	0.78	0.81	0.95	-0.39	-0.64	0.46	0.33	0.05	-0.35	0.74	0.63	0.53	0.62	0.21	0.93
Other Liab	-0.2	0.09	0.2	-0.01		0.07	-0.47	-0.16	0.58	0.12	-0.3	-0.27	-0.17	-0.02	0.27	-0.39	-0.35	-0.04	0.19	0.17	-0.27	-0.47	-0.01	-0.37	-0.45	-0.01
Net Tangible Assets	0.76	-0.2	0.23	0.9	0.07		0.66	0.08	0.42	0.61	0.15	0.67	0.73	0.82	-0.14	-0.83	0.34	0.14	-0.06	0.03	0.67	0.66	0.41	0.54	0.16	0.82
Total Permanent Equity	0.77	-0.01	0.37	0.63	-0.47	0.66		0.21	0.07	0.48	0.57	0.75	0.69	0.64	-0.43	-0.32	0.52	-0.23	-0.46	-0.14	0.77	1.0	0.48	0.8	0.51	0.63
Retained Earnings	0.38	-0.17	0.19	0.46	-0.16	0.08	0.21		0.35	0.38	0.12	0.39	0.34	0.46	-0.45	0.13	0.18	0.25	-0.06	-0.99	0.34	0.21	0.32	0.35	0.13	0.48
Accounts Payable	0.22	0.13	0.17	0.4	0.58	0.42	0.07	0.35		0.39	-0.08	0.11	0.1	0.31	0.25	-0.53	-0.11	-0.03	0.05	-0.32	0.11	0.07	0.09	-0.09	-0.22	0.39
Cash	0.77	-0.16	0.34	0.72	0.12	0.61	0.48	0.38	0.39		0.19	0.74	0.39	0.81	-0.59	-0.54	0.45	0.28	-0.11	-0.31	0.73	0.48	0.73	0.59	0.26	0.8
Other Assets	0.52	0.42	0.66	0.12	-0.3	0.15	0.57	0.12	-0.08	0.19		0.54	0.13	0.31	-0.57	-0.12	0.18	-0.26	-0.76	-0.11	0.6	0.57	0.31	0.64	0.56	0.31
Long Term Debt	0.98	-0.28	0.37	0.78	-0.27	0.67	0.75	0.39	0.11	0.74	0.54		0.66	0.87	-0.69	-0.45	0.69	0.22	-0.2	-0.31	0.99	0.75	0.75	0.86	0.6	0.85
Net Receivables	0.67	-0.49	0.16	0.81	-0.17	0.73	0.69	0.34	0.1	0.39	0.13	0.66		0.72	-0.28	-0.36	0.57	0.03	0.01	-0.25	0.62	0.69	0.37	0.66	0.2	0.63
Common Stock Total Equity	0.89	-0.35	0.35	0.95	-0.02	0.82	0.64	0.46	0.31	0.81	0.31	0.87	0.72		-0.6	-0.66	0.51	0.35	-0.08	-0.36	0.83	0.64	0.67	0.75	0.4	0.95
Retained Earnings Total Equity	-0.61	0.08	-0.5	-0.39	0.27	-0.14	-0.43	-0.45	0.25	-0.59	-0.57	-0.69	-0.28	-0.6		-0.01	-0.39	-0.16	0.37	0.42	-0.67	-0.43	-0.69	-0.72	-0.57	-0.57
Common Stock Shares Outstanding	-0.54	0.13	-0.23	-0.64	-0.39	-0.83	-0.32	0.13	-0.53	-0.54	-0.12	-0.45	-0.36	-0.66	-0.01		-0.16	-0.24	0.0	-0.22	-0.47	-0.33	-0.31	-0.32	-0.14	-0.61
Short Term Investments	0.6	-0.67	-0.16	0.46	-0.35	0.34	0.52	0.18	-0.11	0.45	0.18	0.69	0.57	0.51	-0.39	-0.16		0.18	0.25	-0.13	0.64	0.52	0.42	0.58	0.57	0.35
Inventory	0.2	-0.45	-0.35	0.33	-0.04	0.14	-0.23	0.25	-0.03	0.28	-0.26	0.22	0.03	0.35	-0.16	-0.24	0.18		0.56	-0.22	0.14	-0.23	0.14	0.03	-0.08	0.29
Other Current Assets	-0.24	-0.71	-0.81	0.05	0.19	-0.06	-0.46	-0.06	0.05	-0.11	-0.76	-0.2	0.01	-0.08	0.37	0.0	0.25	0.56		0.07	-0.3	-0.45	-0.22	-0.48	-0.22	-0.15
Other Stockholder Equity	-0.3	0.13	-0.18	-0.35	0.17	0.03	-0.14	-0.99	-0.32	-0.31	-0.11	-0.31	-0.25	-0.36	0.42	-0.22	-0.13	-0.22	0.07		-0.27	-0.14	-0.27	-0.29	-0.11	-0.39
Total Liab	0.98	-0.18	0.43	0.74	-0.27	0.67	0.77	0.34	0.11	0.73	0.6	0.99	0.62	0.83	-0.67	-0.47	0.64	0.14	-0.3	-0.27		0.77	0.75	0.86	0.6	0.83
Additional Paid In Capital	0.77	-0.01	0.37	0.63	-0.47	0.66	1.0	0.21	0.07	0.48	0.57	0.75	0.69	0.64	-0.43	-0.33	0.52	-0.23	-0.45	-0.14	0.77		0.48	0.8	0.51	0.63
Deferred Long Term Liab	0.72	-0.19	0.56	0.53	-0.01	0.41	0.48	0.32	0.09	0.73	0.31	0.75	0.37	0.67	-0.69	-0.31	0.42	0.14	-0.22	-0.27	0.75	0.48		0.72	0.47	0.69
Long Term Investments	0.82	-0.15	0.6	0.62	-0.37	0.54	0.8	0.35	-0.09	0.59	0.64	0.86	0.66	0.75	-0.72	-0.32	0.58	0.03	-0.48	-0.29	0.86	0.8	0.72		0.57	0.66
Short Long Term Debt	0.5	-0.3	0.17	0.21	-0.45	0.16	0.51	0.13	-0.22	0.26	0.56	0.6	0.2	0.4	-0.57	-0.14	0.57	-0.08	-0.22	-0.11	0.6	0.51	0.47	0.57		0.34
Preferred Stock Total Equity	0.9	-0.17	0.38	0.93	-0.01	0.82	0.63	0.48	0.39	0.8	0.31	0.85	0.63	0.95	-0.57	-0.61	0.35	0.29	-0.15	-0.39	0.83	0.63	0.69	0.66	0.34

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Summit Hotel Account Relationship Matchups

Summit Hotel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4B	2.2B	2.3B	3.0B	2.9B	1.7B
Other Current Liab	(343.2M)	(432.4M)	(277.3M)	(133.7M)	264.3M	277.5M
Total Current Liabilities	76.5M	67.8M	70.7M	86.8M	286.0M	300.3M
Total Stockholder Equity	1.2B	988.7M	948.1M	959.8M	911.2M	776.1M
Other Liab	8.2M	2.8M	4.8M	9.9M	8.9M	9.9M
Net Tangible Assets	1.2B	988.6M	948.0M	924.9M	1.1B	912.2M
Noncontrolling Interest In Consolidated Entity	2.3M	69.6M	63.3M	159.1M	143.2M	150.4M
Retained Earnings	(2.3M)	(179.0M)	(262.6M)	(288.2M)	(339.8M)	(356.8M)
Accounts Payable	4.8M	2.7M	4.5M	5.5M	4.8M	5.2M
Cash	42.2M	20.7M	64.5M	51.3M	47.8M	33.7M
Other Assets	40.3M	2.2B	94.0M	2.9B	3.4B	3.5B
Long Term Debt	1.0B	1.1B	1.1B	1.5B	1.2B	713.1M
Net Receivables	44.2M	35.5M	14.5M	21.0M	21.3M	19.3M
Common Stock Total Equity	1.0M	1.1M	1.1M	1.1M	956.7K	908.9K
Retained Earnings Total Equity	4.8M	(2.3M)	(179.0M)	(262.6M)	(236.4M)	(224.6M)
Common Stock Shares Outstanding	103.9M	104.1M	104.5M	105.1M	105.5M	144.0M
Inventory	33.6M	25.7M	54.1M	89.1M	(14.0M)	(13.3M)
Other Current Assets	3.3M	2.6M	3.3M	8.4M	(69.1M)	(65.7M)
Other Stockholder Equity	1.2B	1.2B	1.2B	1.2B	1.2B	1.1B
Total Liab	1.1B	1.2B	1.2B	1.6B	1.5B	839.8M
Deferred Long Term Liab	4.7M	4.4M	11.1M	7.4M	8.5M	4.3M
Short Long Term Debt	16.2M	497.5M	343.5M	215M	200M	117.5M
Total Current Assets	123.3M	84.5M	136.3M	169.8M	151.5M	104.2M
Accumulated Other Comprehensive Income	(16.0M)	(30.7M)	(15.6M)	14.5M	11.0M	11.5M
Short Term Debt	415M	497.5M	343.5M	215M	16.9M	16.1M
Common Stock	1.1M	1.1M	1.1M	1.1M	1.1M	1.0M
Property Plant Equipment	2.1B	2.1B	1.5M	2.8B	3.3B	3.4B
Short Long Term Debt Total	1.0B	1.1B	1.1B	1.7B	1.5B	851.8M
Net Debt	993.5M	1.1B	1.0B	1.6B	1.4B	815.9M
Non Current Assets Total	2.2B	2.1B	2.1B	2.9B	2.8B	1.7B
Non Currrent Assets Other	2.2B	8.2M	3.8M	2.8B	2.7B	2.8B
Cash And Short Term Investments	42.2M	20.7M	64.5M	51.3M	47.8M	35.8M
Liabilities And Stockholders Equity	2.4B	2.2B	2.3B	3.0B	2.9B	1.8B

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Additional Information and Resources on Investing in Summit Stock

When determining whether Summit Hotel Properties offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit Hotel's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Summit Hotel Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit Hotel Properties Stock:

How To Invest In Summit

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Is Summit Stock a good investment?

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What is Summit Hotel's Net Worth?

Details

Largest Hotel & Resort REITs Companies

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Largest Equity Real Estate Investment Trusts (REITs) Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Summit Hotel Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Is Hotel & Resort REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Hotel. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Hotel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.79)

Dividend Share

0.24

Earnings Share

(0.24)

Revenue Per Share

7.022

Quarterly Revenue Growth

0.032

The market value of Summit Hotel Properties is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Hotel's value that differs from its market value or its book value, called intrinsic value, which is Summit Hotel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Hotel's market value can be influenced by many factors that don't directly affect Summit Hotel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Summit Hotel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Hotel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Hotel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Summit Total Liab vs Total Stockholder Equity Analysis

Total Liab vs Total Stockholder Equity

Total Liab vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Total Liab

Total Stockholder Equity

Summit Hotel fundamental ratios Correlations

Summit Hotel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Summit Hotel fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in Summit Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Additional Paid In Capital	+ 1.0	Total Permanent Equity
Total Liab	+ 0.99	Long Term Debt
Long Term Debt	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets
Common Stock Total Equity	+ 0.95	Total Stockholder Equity
Preferred Stock Total Equity	+ 0.95	Common Stock Total Equity

Other Stockholder Equity	- 0.99	Retained Earnings
Common Stock Shares Outstanding	- 0.83	Net Tangible Assets
Other Current Assets	- 0.81	Total Current Liabilities
Other Current Assets	- 0.76	Other Assets
Long Term Investments	- 0.72	Retained Earnings Total Equity
Other Current Assets	- 0.71	Other Current Liab