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Summit Hotel Properties inc   (INN)
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Summit Hotel Properties Inc 's Working Capital Ratio

INN's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Summit Hotel Properties Inc 's Current Assets grew by 49.89 % in the IV Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in Summit Hotel Properties Inc 's Working Capital Ratio to 27.54, Working Capital Ratio remained below Summit Hotel Properties inc average.

Within Real Estate Investment Trusts industry 4 other companies have achieved higher Working Capital Ratio than Summit Hotel Properties Inc in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 57, from total ranking in the third quarter 2023 at 328.

Explain Working Capital Ratio
How much in Current Assets INNīs has?
What is the value of INNīs Current Liabilities?


INN Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -12.51 % 16.59 % -34.24 % 2.23 % 23.64 %
Y / Y Current Assets Change -11.88 % -8.16 % -97.31 % -94.61 % -93.14 %
Working Capital Ratio MRQ 27.54 12.89 15.01 30.02 27.34
INN's Total Ranking # 57 # 328 # 180 # 38 # 114
Seq. Current Liabilities Change -29.84 % 25.57 % 0.35 % -1.03 % -6.51 %
Seq. Current Assets Change 49.89 % 7.86 % -49.84 % 8.67 % 56.23 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Real Estate Investment Trusts Industry # 5
Financial Sector # 27
Overall Market # 57


Working Capital Ratio Statistics
High Average Low
819.36 103.31 0.79
(Dec 31 2020)   (Dec 31 2012)




Financial Statements
Summit Hotel Properties Inc 's Current Liabilities $ 5 Millions Visit INN's Balance sheet
Summit Hotel Properties Inc 's Current Assets $ 133 Millions Visit INN's Balance sheet
Source of INN's Sales Visit INN's Sales by Geography


Cumulative Summit Hotel Properties Inc 's Working Capital Ratio

INN's Working Capital Ratio for the trailling 12 Months

INN Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -12.51 % 16.59 % -34.24 % 2.23 % 23.64 %
Y / Y Current Assets TTM Growth -11.88 % -8.16 % -97.31 % -94.61 % -93.14 %
Working Capital Ratio TTM 20.65 20.81 22.08 137.75 253.18
Total Ranking TTM # # # # #
Seq. Current Liabilities TTM Growth -29.84 % 25.57 % 0.35 % -1.03 % -6.51 %
Seq. Current Assets TTM Growth 49.89 % 7.86 % -49.84 % 8.67 % 56.23 %


On the trailing twelve months basis In spite of the year on year decrease in INN's Current Liabilities to $4.83 millions, cumulative Working Capital Ratio to 20.65 below the INN average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Real Estate Investment Trusts industry 4 other companies have achieved higher Working Capital Ratio than Summit Hotel Properties Inc . While Working Capital Ratio overall ranking has improved so far to 6, from total ranking during the twelve months ending third quarter 2023 at 181.

Explain Working Capital Ratio
How much in Current Assets INNīs has?
What is the value of INNīs Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Real Estate Investment Trusts Industry # 5
Financial Sector # 27
Within the Market # 57


trailing twelve months Working Capital Ratio Statistics
High Average Low
819.36 103.31 0.79
(Dec 31 2020)   (Dec 31 2012)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Real Estate Investment Trusts Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Nexpoint Diversified Real Estate Trust  67.84 $ 722.271  Millions$ 10.646  Millions
Summit Hotel Properties inc   27.54 $ 132.925  Millions$ 4.827  Millions
Seven Hills Realty Trust  23.07 $ 87.855  Millions$ 3.808  Millions
Transcontinental Realty Investors Inc   19.00 $ 260.985  Millions$ 13.735  Millions
Hannon Armstrong Sustainableinfrastructure Capital  16.91 $ 3,271.913  Millions$ 193.501  Millions
Ladder Capital Corp  15.61 $ 1,039.911  Millions$ 66.598  Millions
Lument Finance Trust Inc   12.85 $ 59.836  Millions$ 4.655  Millions
Ltc Properties Inc   12.78 $ 558.042  Millions$ 43.649  Millions
Great Ajax Corp  12.70 $ 119.832  Millions$ 9.437  Millions
Bluerock Homes Trust Inc   11.78 $ 119.343  Millions$ 10.129  Millions
Diversified Healthcare Trust  11.03 $ 252.020  Millions$ 22.847  Millions
Alexanders Inc  10.39 $ 537.931  Millions$ 51.750  Millions
Caretrust Reit Inc   8.67 $ 294.843  Millions$ 33.992  Millions
Umh Properties Inc   8.15 $ 172.897  Millions$ 21.223  Millions
Lightstone Value Plus Reit Ii Inc   6.62 $ 45.479  Millions$ 6.871  Millions
Medalist Diversified Reit inc   6.37 $ 13.344  Millions$ 2.095  Millions
Lxp Industrial Trust  5.77 $ 334.714  Millions$ 57.981  Millions

Date modified: 2024-02-29T16:55:24+00:00



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