INN
Price:
$6.37
Market Cap:
$690.62M
Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of November 3, 2020, the Company's portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.[Read more]
Industry
REIT - Hotel & Motel
IPO Date
2011-02-09
Stock Exchange
NYSE
Ticker
INN
According to Summit Hotel Properties, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 26.67. This represents a change of 251.08% compared to the average of 7.60 of the last 4 quarters.
The mean historical Current Ratio of Summit Hotel Properties, Inc. over the last ten years is 1.90. The current 26.67 Current Ratio has changed 140.21% with respect to the historical average. Over the past ten years (40 quarters), INN's Current Ratio was at its highest in in the September 2024 quarter at 26.67. The Current Ratio was at its lowest in in the March 2015 quarter at 0.34.
Average
1.90
Median
1.77
Minimum
0.41
Maximum
4.66
Discovering the peaks and valleys of Summit Hotel Properties, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.03%
Maximum Annual Current Ratio = 4.66
Minimum Annual Increase = -87.39%
Minimum Annual Current Ratio = 0.41
Year | Current Ratio | Change |
---|---|---|
2023 | 0.58 | -70.25% |
2022 | 1.96 | 1.37% |
2021 | 1.93 | 54.62% |
2020 | 1.25 | -22.58% |
2019 | 1.61 | -14.71% |
2018 | 1.89 | 14.55% |
2017 | 1.65 | -46.28% |
2016 | 3.07 | -34.11% |
2015 | 4.66 | 1.03% |
2014 | 0.41 | -87.39% |
The current Current Ratio of Summit Hotel Properties, Inc. (INN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.49
5-year avg
1.47
10-year avg
1.90
Summit Hotel Properties, Inc.’s Current Ratio is greater than DiamondRock Hospitality Company (0.24), greater than RLJ Lodging Trust (1.93), greater than Pebblebrook Hotel Trust (2.24), greater than Sunstone Hotel Investors, Inc. (0.22), greater than RLJ Lodging Trust (1.93), greater than Ryman Hospitality Properties, Inc. (1.16), less than Chatham Lodging Trust (0), greater than Hersha Hospitality Trust (0.59), greater than null (3.46),
Company | Current Ratio | Market cap |
---|---|---|
0.24 | $1.90B | |
1.93 | $1.49B | |
2.24 | $1.62B | |
0.22 | $2.08B | |
1.93 | $1.52B | |
1.16 | $6.93B | |
0 | $450.47M | |
0.59 | $482.85M | |
3.46 | $0 |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Summit Hotel Properties, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Summit Hotel Properties, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Summit Hotel Properties, Inc.'s Current Ratio?
How is the Current Ratio calculated for Summit Hotel Properties, Inc. (INN)?
What is the highest Current Ratio for Summit Hotel Properties, Inc. (INN)?
What is the 3-year average Current Ratio for Summit Hotel Properties, Inc. (INN)?
What is the 5-year average Current Ratio for Summit Hotel Properties, Inc. (INN)?
How does the current Current Ratio for Summit Hotel Properties, Inc. (INN) compare to its historical average?