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INNPB_CL.PFD (Summit Hotel Properties) Total Liabilities : $1,529.62 Mil (As of Mar. 2025)


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What is Summit Hotel Properties Total Liabilities?

Summit Hotel Properties's Total Liabilities for the quarter that ended in Mar. 2025 was $1,529.62 Mil.

Summit Hotel Properties's quarterly Total Liabilities increased from Sep. 2024 ($1,463.78 Mil) to Dec. 2024 ($1,511.18 Mil) and increased from Dec. 2024 ($1,511.18 Mil) to Mar. 2025 ($1,529.62 Mil).

Summit Hotel Properties's annual Total Liabilities declined from Dec. 2022 ($1,564.10 Mil) to Dec. 2023 ($1,542.55 Mil) and declined from Dec. 2023 ($1,542.55 Mil) to Dec. 2024 ($1,511.18 Mil).


Summit Hotel Properties Total Liabilities Historical Data

The historical data trend for Summit Hotel Properties's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Summit Hotel Properties Total Liabilities Chart

Summit Hotel Properties Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,180.96 1,157.71 1,564.10 1,542.55 1,511.18

Summit Hotel Properties Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,566.44 1,461.70 1,463.78 1,511.18 1,529.62

Summit Hotel Properties Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Summit Hotel Properties's Total Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=299.603+(1211.581+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=1,511.18

Total Liabilities=Total Assets (A: Dec. 2024 )-Total Equity (A: Dec. 2024 )
=2896.23-1385.046
=1,511.18

Summit Hotel Properties's Total Liabilities for the quarter that ended in Mar. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=87.348+(1442.274+2.2737367544323E-13
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=1,529.62

Total Liabilities=Total Assets (Q: Mar. 2025 )-Total Equity (Q: Mar. 2025 )
=2897.459-1367.837
=1,529.62

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Summit Hotel Properties Total Liabilities Related Terms

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Summit Hotel Properties Business Description

Traded in Other Exchanges
Address
13215 Bee Cave Parkway, Suite B-300, Austin, TX, USA, 78738
Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.