RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Summit Hotel Properties Debt 2024

Summit Hotel Properties Debt

1,392.83 USD

Summit Hotel Properties Dividend yield

3.67 %

Ticker

INN

ISIN

US8660821005

WKN

A1H7RF

In 2024, Summit Hotel Properties's total debt was 1,392.83 USD, a -0.55% change from the 1,400.5 USD total debt recorded in the previous year.

Summit Hotel Properties Aktienanalyse

What does Summit Hotel Properties do?

Summit Hotel Properties Inc is a real estate investment trust (REIT) specializing in the acquisition, ownership, and management of high-quality hotels in the US. The company was founded in 2011 and is headquartered in Austin, Texas. It is publicly traded on the New York Stock Exchange under the ticker symbol INN. The business model of Summit Hotel Properties is to grow by acquiring established hotels in strategically favorable locations. The company focuses on broad diversification through the acquisition of hotels in different market segments. The funds used for these acquisitions come from the sale of shares to private and institutional investors. Summit Hotel Properties operates hotels in various market segments, including full-service, select-service, and extended-stay hotels. Full-service hotels offer all the amenities and services to provide guests with a convenient and enjoyable experience. Select-service hotels offer fewer amenities and services than full-service hotels but are still of high quality. Extended-stay hotels provide a special type of accommodation designed for longer stays. Currently, Summit Hotel Properties operates over 70 hotels in 24 states. The company collaborates with renowned hotel brands such as Marriott, Hilton, and Hyatt to leverage the best of their offerings. In addition to hotel management, Summit Hotel Properties also engages in a range of real estate development projects. The company invests in creating new hotels that meet market demands and can provide a high level of comfort through modern facilities and technology. The goal is to continuously expand the hotel portfolio and grow the business. Summit Hotel Properties is a dynamic company with a strong focus on quality and customer satisfaction. It aims to continue its growth trajectory and operate and develop high-quality hotels in the US. Overall, Summit Hotel Properties is a significant force in the US hotel market, constantly striving to provide guests with a high-quality and enjoyable experience. With its broad diversification and solid business model, Summit Hotel Properties remains a leading player in the US hotel market. Summit Hotel Properties ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Summit Hotel Properties's Debt Structure

Summit Hotel Properties's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Summit Hotel Properties's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Summit Hotel Properties’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Summit Hotel Properties’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Summit Hotel Properties Stock

What is the debt of Summit Hotel Properties this year?

Summit Hotel Properties has a debt level of 1,392.83 USD this year.

What was the debt of Summit Hotel Properties compared to the previous year?

The debt of Summit Hotel Properties has increased by -0.55% compared to the previous year dropped.

What are the consequences of high debt for investors in Summit Hotel Properties?

High debt can pose a risk for investors of Summit Hotel Properties, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Summit Hotel Properties?

Low debt means that Summit Hotel Properties has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Summit Hotel Properties affect the company?

An increase in debt of Summit Hotel Properties can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Summit Hotel Properties affect the company?

A reduction in debt of Summit Hotel Properties can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Summit Hotel Properties?

Some factors that can influence the debt of Summit Hotel Properties include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Summit Hotel Properties so important for investors?

The debts of Summit Hotel Properties are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Summit Hotel Properties take to change the debt?

To change the debt, Summit Hotel Properties can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Summit Hotel Properties pay?

Over the past 12 months, Summit Hotel Properties paid a dividend of 0.22 USD . This corresponds to a dividend yield of about 3.67 %. For the coming 12 months, Summit Hotel Properties is expected to pay a dividend of 0.22 USD.

What is the dividend yield of Summit Hotel Properties?

The current dividend yield of Summit Hotel Properties is 3.67 %.

When does Summit Hotel Properties pay dividends?

Summit Hotel Properties pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Summit Hotel Properties?

Summit Hotel Properties paid dividends every year for the past 0 years.

What is the dividend of Summit Hotel Properties?

For the upcoming 12 months, dividends amounting to 0.22 USD are expected. This corresponds to a dividend yield of 3.67 %.

In which sector is Summit Hotel Properties located?

Summit Hotel Properties is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Summit Hotel Properties kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Summit Hotel Properties from 5/31/2024 amounting to 0.08 USD, you needed to have the stock in your portfolio before the ex-date on 5/16/2024.

When did Summit Hotel Properties pay the last dividend?

The last dividend was paid out on 5/31/2024.

What was the dividend of Summit Hotel Properties in the year 2023?

In the year 2023, Summit Hotel Properties distributed 0.08 USD as dividends.

In which currency does Summit Hotel Properties pay out the dividend?

The dividends of Summit Hotel Properties are distributed in USD.

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Andere Kennzahlen von Summit Hotel Properties

Our stock analysis for Summit Hotel Properties Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Summit Hotel Properties Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.