Summit Hotel Properties, Inc. (INN) Balance Sheet
INN balance sheet, 2025
December 31, 2025 · U.S. dollars$2.78B assets = $1.50B liabilities + $1.27B equity
Both columns are drawn to the same scale: what INN owns equals what it owes plus shareholders’ equity. Hover a block for its value.
INN financial health
Descriptive bands, not a rating. Fiscal 2025.
INN balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.72B2016 | $2.78B2025 | +5.5%/yr | |
| Total liabilities | $705.0M2016 | $1.50B2025 | +8.8%/yr | |
| Shareholders’ equity | $1.01B2016 | $862.2M2025 | −1.8%/yr | |
| Cash & short-term investments | $34.7M2016 | $36.1M2025 | +0.4%/yr | |
| Total debt | $853.5M2016 | $1.42B2025 | +5.8%/yr | |
| Net cash (debt) | −$818.8M2016 | −$1.38B2025 | −$563.2M | |
| Working capital | $106.6M2016 | −$219.1M2025 | −$325.7M | |
| Book value per share | $11.602016 | $8.072025 | −4.0%/yr | |
| Current ratio | 3.072016 | 0.252025 | −2.82 | |
| Debt / equity | 0.842016 | 1.642025 | +0.80 | |
| Shares outstanding | 87.3M2016 | 106.8M2025 | +2.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
INN assets
INN liabilities and equity
INN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
INN balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $36.1M | $40.6M | $37.8M | $51.3M | $64.5M | $20.7M | $42.2M | $44.1M | $36.5M | $34.7M |
| Cash & equivalents | $36.1M | $40.6M | $37.8M | $51.3M | $64.5M | $20.7M | $42.2M | $44.1M | $36.5M | $34.7M |
| Short-term investments | $2.64B | $2.75B | $14.0M | $2.79B | $2.09B | — | — | $3.5M | $29.5M | $24.9M |
| Receivables | $17.3M | $19.8M | $21.3M | $21.0M | $14.5M | $35.5M | $44.2M | $44.7M | $29.3M | $29.4M |
| Inventory | $0 | $0 | −$14.0M | $89.1M | $54.1M | $25.7M | $33.6M | $36.1M | $30.7M | $87.6M |
| Other current assets | $20.9M | $13.9M | $94.7M | $0 | $3.3M | $2.6M | $3.3M | $10.1M | $9.5M | $6.5M |
| Total current assets | $74.4M | $74.3M | $139.9M | $115.3M | $136.3M | $84.5M | $123.3M | $135.0M | $106.0M | $158.1M |
| Property, plant & equipment (net) | $32.0M | $33.3M | $34.8M | $35.0M | $26.9M | $28.4M | $29.9M | $2.04B | $2.05B | $1.52B |
| Goodwill & intangible assets | $32.3M | $32.3M | $40.0M | $40.0M | $10.8M | $11.2M | $11.2M | $2.0M | $22.8M | $6.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $30.9M | $30.7M | $12.4M | $17.6M |
| Other non-current assets | $2.64B | $2.76B | $2.72B | $2.83B | $2.09B | $2.11B | $2.16B | $10.0M | $14.0M | $14.5M |
| Total assets | $2.78B | $2.90B | $2.94B | $3.02B | $2.26B | $2.23B | $2.36B | $2.22B | $2.21B | $1.72B |
| Liabilities | ||||||||||
| Accounts payable | $7.5M | $7.5M | $4.8M | $5.5M | $4.5M | $2.7M | $4.8M | $5.4M | $7.8M | $4.6M |
| Short-term debt | $210.0M | $210.0M | $200.0M | $215.0M | $343.5M | $497.5M | $415.0M | $315.0M | $165.0M | $200.0M |
| Deferred revenue | $5.8M | $6.8M | $6.3M | — | — | — | — | $19.6M | −$108.7M | $11.2M |
| Total current liabilities | $293.4M | $299.6M | $286.0M | $301.8M | $70.7M | $67.8M | $76.5M | $71.4M | $64.3M | $51.5M |
| Long-term debt | $1.39B | $1.40B | $1.43B | $1.45B | $1.07B | $1.09B | $1.02B | $958.7M | $868.2M | $653.5M |
| Lease obligations | $24.1M | $24.9M | $25.8M | $25.5M | $17.2M | $18.4M | $19.6M | — | — | — |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $17.2M | $18.4M | $19.6M | $0 | $0 | $0 |
| Total liabilities | $1.50B | $1.51B | $1.54B | $1.56B | $1.16B | $1.18B | $1.11B | $1.03B | $932.5M | $705.0M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.0M | $1.26B | $1.01B |
| Retained earnings (deficit) | −$405.6M | −$347.0M | −$339.8M | −$288.2M | −$262.6M | −$179.0M | −$2.3M | $4.8M | $9.2M | −$1.4M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | $2.1M | $9.2M | $11.0M | $14.5M | −$15.6M | −$30.7M | −$16.0M | −$1.4M | $1.5M | −$977,000 |
| Minority interest | $411.8M | $475.5M | $485.5M | $498.4M | $159.1M | $63.3M | $69.6M | $2.3M | $2.9M | $3.4M |
| Total shareholders' equity | $862.2M | $909.5M | $911.2M | $959.8M | $1.11B | $1.05B | $1.24B | $1.19B | $1.28B | $1.01B |
| Key figures | ||||||||||
| Total debt | $1.42B | $1.42B | $1.46B | $1.48B | $1.41B | $1.59B | $1.43B | $1.27B | $1.03B | $853.5M |
| Net cash (debt) | −$1.38B | −$1.38B | −$1.42B | −$1.43B | −$1.35B | −$1.57B | −$1.39B | −$1.23B | −$996.7M | −$818.8M |
| Working capital | −$219.1M | −$225.3M | −$146.1M | −$186.5M | $65.7M | $16.8M | $46.8M | $63.5M | $41.7M | $106.6M |
| Tangible book value | $829.9M | $877.3M | $871.2M | $919.9M | $1.10B | $1.04B | $1.23B | $1.19B | $1.25B | $1.01B |
| Book value per share | $8.07 | $6.87 | $8.63 | $9.13 | $10.60 | $10.10 | $11.96 | $11.48 | $12.80 | $11.60 |
| Shares outstanding | 106.8M | 132.4M | 105.5M | 105.1M | 104.5M | 104.1M | 103.9M | 103.8M | 99.8M | 87.3M |
| Current ratio | 0.25 | 0.25 | 0.49 | 0.38 | 1.93 | 1.25 | 1.61 | 1.89 | 1.65 | 3.07 |
| Quick ratio | 0.18 | 0.20 | 0.21 | 0.24 | 1.12 | 0.83 | 1.13 | 1.24 | 1.03 | 1.24 |
| Debt / equity | 1.64 | 1.56 | 1.60 | 1.54 | 1.28 | 1.51 | 1.15 | 1.07 | 0.81 | 0.84 |
| Equity / assets | 31.1% | 31.4% | 31.0% | 31.8% | 48.9% | 47.1% | 52.8% | 53.6% | 57.8% | 59.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $36.9M | $2.64B | $36.1M | $41.1M | $39.5M | $48.2M | $40.6M | $51.7M | $45.9M | $63.4M | $37.8M | $55.3M |
| Cash & equivalents | $36.9M | $44.8M | $36.1M | $41.1M | $39.5M | $48.2M | $40.6M | $51.7M | $45.9M | $63.4M | $37.8M | $55.3M |
| Short-term investments | $2.57B | $2.59B | $2.64B | $2.68B | $2.72B | — | $2.75B | $2.67B | $19.1M | $2.72B | $14.0M | $2.83B |
| Receivables | $22.2M | $23.5M | $17.3M | $19.0M | $22.6M | $23.6M | $19.8M | $20.7M | $28.0M | $28.0M | $21.3M | $24.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $79.8M | −$19.1M | $72.9M | −$14.0M | −$27.1M |
| Other current assets | $38.0M | $0 | $20.9M | $52.1M | $22.9M | $23.8M | $13.9M | $0 | $49.7M | $17.2M | $94.7M | $47.5M |
| Total current assets | $97.2M | $2.66B | $74.4M | $112.3M | $85.0M | $95.6M | $74.3M | $115.0M | $104.5M | $181.5M | $139.9M | $99.9M |
| Property, plant & equipment (net) | $31.7M | $31.6M | $32.0M | $32.5M | $32.9M | $32.9M | $33.3M | $33.5M | $33.9M | $34.2M | $34.8M | $35.2M |
| Goodwill & intangible assets | $24.2M | $24.6M | $32.3M | $32.3M | $32.3M | $32.3M | $32.3M | $32.3M | $40.0M | $40.0M | $40.0M | $40.0M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.58B | $37.8M | $2.64B | $2.67B | $2.72B | $2.74B | $2.76B | $2.66B | $2.69B | $2.71B | $2.72B | $2.84B |
| Total assets | $2.73B | $2.75B | $2.78B | $2.85B | $2.87B | $2.90B | $2.90B | $2.84B | $2.87B | $2.96B | $2.94B | $3.02B |
| Liabilities | ||||||||||||
| Accounts payable | $7.9M | $7.1M | $7.5M | $9.9M | $7.3M | $8.8M | $7.5M | $6.1M | $6.6M | $7.3M | $4.8M | $6.9M |
| Short-term debt | $130.0M | — | $210.0M | $0 | $287.5M | $0 | $210.0M | $0 | — | $7.4M | $200.0M | $3.1M |
| Deferred revenue | — | — | $5.8M | — | — | — | $6.8M | — | — | −$7.4M | $6.3M | −$3.1M |
| Total current liabilities | $221.5M | $7.1M | $293.4M | $102.8M | $88.4M | $87.3M | $299.6M | $102.8M | $91.0M | $89.0M | $286.0M | $99.1M |
| Long-term debt | $1.24B | $1.40B | $1.39B | $1.42B | $1.43B | $1.42B | $1.40B | $1.34B | $1.35B | $1.45B | $1.23B | $1.44B |
| Lease obligations | $24.0M | $23.7M | $24.1M | $24.4M | $24.8M | $24.6M | $24.9M | $24.9M | $25.2M | $25.4M | $25.8M | $26.1M |
| Other long-term liabilities | $24.0M | $101.4M | $0 | $24.4M | $24.8M | $24.6M | $0 | $24.9M | $25.2M | $25.4M | $25.8M | $26.1M |
| Total liabilities | $1.49B | $1.50B | $1.50B | $1.55B | $1.54B | $1.53B | $1.51B | $1.46B | $1.46B | $1.57B | $1.54B | $1.57B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M |
| Retained earnings (deficit) | −$429.0M | −$424.4M | −$405.6M | −$390.9M | −$370.9M | −$360.4M | −$347.0M | −$339.0M | −$326.1M | −$348.3M | −$339.8M | −$316.8M |
| Accumulated other comprehensive income | $6.3M | $4.3M | $2.1M | $3.0M | $4.4M | $6.5M | $9.2M | $5.0M | $14.4M | $15.0M | $11.0M | $20.8M |
| Minority interest | $402.3M | $409.2M | $411.8M | $423.7M | $434.0M | — | — | — | — | — | — | — |
| Total shareholders' equity | $838.8M | $840.4M | $862.2M | $875.8M | $895.1M | $920.4M | $909.5M | $911.4M | $931.9M | $907.8M | $911.2M | $942.1M |
| Key figures | ||||||||||||
| Total debt | $1.40B | $1.42B | $1.42B | $1.45B | $1.45B | $1.44B | $1.42B | $1.36B | $1.37B | $1.48B | $1.46B | $1.47B |
| Net cash (debt) | −$1.36B | $1.22B | −$1.38B | −$1.41B | −$1.41B | −$1.39B | −$1.38B | −$1.31B | −$1.32B | −$1.41B | −$1.42B | −$1.42B |
| Working capital | −$124.3M | $2.65B | −$219.1M | $9.5M | −$3.5M | $8.2M | −$225.3M | $12.2M | $13.4M | $92.5M | −$146.1M | $858,000 |
| Tangible book value | $814.6M | $815.8M | $829.9M | $843.5M | $862.9M | $888.2M | $877.3M | $879.2M | $892.0M | $867.8M | $871.2M | $902.1M |
| Book value per share | $7.90 | $7.95 | $8.07 | $8.27 | $8.32 | $8.52 | $8.50 | $8.60 | $8.80 | $8.59 | $8.62 | $8.92 |
| Shares outstanding | 106.2M | 105.7M | 106.8M | 105.9M | 107.6M | 108.0M | 107.0M | 106.0M | 105.9M | 105.7M | 105.7M | 105.7M |
| Current ratio | 0.44 | 373.25 | 0.25 | 1.09 | 0.96 | 1.09 | 0.25 | 1.12 | 1.15 | 2.04 | 0.49 | 1.01 |
| Quick ratio | 0.27 | 373.25 | 0.18 | 0.59 | 0.70 | 0.82 | 0.20 | 0.70 | 0.81 | 1.03 | 0.21 | 0.80 |
| Debt / equity | 1.66 | 1.69 | 1.64 | 1.65 | 1.62 | 1.57 | 1.56 | 1.49 | 1.47 | 1.63 | 1.60 | 1.56 |
| Equity / assets | 30.7% | 30.5% | 31.1% | 30.7% | 31.2% | 31.8% | 31.4% | 32.1% | 32.5% | 30.7% | 31.0% | 31.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 25, 2026); data from EODHD.
INN financial position
At the end of fiscal 2025 (December 31, 2025), Summit Hotel Properties had total assets of $2.8 billion (down 4.2% from a year earlier), total liabilities of $1.5 billion and shareholders' equity of $862.2 million. It held $36.1 million in cash and short-term investments against $1.4 billion of debt, net debt of $1.4 billion. Its current ratio was 0.25. In the latest quarter (ended June 30, 2026) total assets were $2.7 billion and equity $838.8 million.
Related: INN income statement, INN cash flow statement, INN key metrics. See the INN stock overview for the latest quote and news.
INN balance sheet FAQ
What are Summit Hotel Properties's total assets?
Summit Hotel Properties reported total assets of $2.8 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.9 billion a year earlier.
How much debt does Summit Hotel Properties have?
Summit Hotel Properties had $1.4 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.64.
How much cash does Summit Hotel Properties have?
Summit Hotel Properties held $36.1 million in cash and short-term investments at the end of fiscal 2025; with $1.4 billion of debt that is net debt of $1.4 billion.
What is Summit Hotel Properties's book value?
Summit Hotel Properties's shareholders' equity (book value) was $862.2 million at the end of fiscal 2025, or $8.07 per share.
What is Summit Hotel Properties's current ratio?
Summit Hotel Properties had current assets of $74.4 million and current liabilities of $293.4 million, a current ratio of 0.25 (current liabilities exceed current assets).
How much goodwill does Summit Hotel Properties have?
Summit Hotel Properties carried $32.3 million of goodwill and intangible assets, 1.2% of total assets, at the end of fiscal 2025.