Summit Hotel Properties, Inc. Financial Ratios — INN-PF

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	920.64	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	-0.56	-0.16	0.56	1.52	8.2	6.55	5.05	4.1	3.61	-6.25	-2.92	0.06	-0.32	1.5	-0.18
Return on Capital (%)	- -	- -	5.33	10.72	26.5	- -	16.67	- -	11.89	- -	- -	1.21	- -	- -	- -
Return on Invested Capital (%)	- -	- -	2.14	4.18	5.53	- -	4.32	- -	3.36	- -	- -	0.54	- -	- -	- -
Gross Margin (%)	29.72	58.93	59.79	61.2	62.49	37.61	36.82	36.55	36.33	11.85	29.69	35.29	35.05	35.48	33.36
EBITDA Margin (%)	27.38	28.39	29.99	30.26	31.59	33.54	33.02	32.76	32.03	0.85	22.29	30.9	30.8	31.12	28.86
Operating Margin (%)	5.19	6.83	12.83	14.46	17.77	18.26	16.35	14.95	13.93	-45.91	-6.99	8.68	10.3	11.11	8.35
Incremental Operating Margin (%)	-68.84	14.87	19.9	19.1	40.09	39.93	-5.57	1.06	46.26	- -	- -	26.75	28.4	-126.91	881.52
Pretax Margin (%)	-4.84	-4.75	3.85	5.25	27.15	22.54	19.64	15.9	15.26	-63.07	-18.54	0.71	-3.44	4.12	-1.49
Profit Margin (%)	-2.19	-0.67	1.97	5.17	26.85	22.75	19.25	16.03	15.04	-61.14	-18.12	0.22	-1.29	5.96	-0.69
Net Income to Common Margin (%)	-2.49	-3.53	-2.91	1.06	23.27	18.9	15.87	13.09	12.34	-67.46	-22.38	-2.13	-3.45	3.79	-2.87
Effective Tax Rate (%)	- -	- -	42.49	3.51	0.44	- -	1.65	- -	1.79	- -	- -	74.79	- -	- -	- -
Dvd Payout Ratio (%)	-322.53	-144.45	-415.35	1,025.98	37.46	53.58	82.78	101.22	112.93	-11.13	-0.1	-83.95	-47.75	217.91	-122.69
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	-11.27	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Debt	217	313	436	627	672	652	868	959	1,036	1,113	1,431	1,477	1,457	1,422	1,418
ST Debt	- -	58	75	200	170	200	165	315	215	498	344	215	200	210	210
LT Debt	217	255	361	427	502	452	703	644	821	616	1,087	1,262	1,257	1,212	1,208
Total Debt/EBITDA	5.9	6.81	4.86	5.13	4.59	4.1	5.1	5.16	5.89	561.08	17.74	7.08	6.42	6.24	6.74
Net Debt/EBITDA	5.62	6.5	4.34	4.82	4.39	3.89	4.89	4.92	5.54	541.34	16.72	6.71	6.14	5.95	6.45
Total Debt/EBIT	31.17	28.32	11.36	10.74	8.15	7.54	10.31	11.31	13.54	-10.34	-56.55	25.19	19.22	17.48	23.27
Net Debt/EBIT	29.66	27.05	10.14	10.08	7.8	7.14	9.87	10.79	12.73	-9.98	-53.32	23.89	18.38	16.68	22.28
EBITDA to Interest Expense	2.79	3.08	4.08	4.28	4.81	5.66	5.73	4.43	4.29	0.05	1.86	3.18	2.61	2.76	2.61
EBITDA-CapEx/Interest Expense	2.79	3.08	3.95	4.28	4.81	5.66	5.73	4.43	4.29	0.05	1.86	3.18	2.61	2.76	2.61
EBIT to Interest Expense	0.53	0.74	1.74	2.05	2.71	3.08	2.84	2.02	1.86	-2.49	-0.58	0.89	0.87	0.98	0.76
Interest Expense	13	15	22	29	30	28	30	42	41	43	43	66	87	83	81
Common Equity/Total Assets	-1.94	-3.89	-5.54	-7.33	-2.52	-0.03	0.46	0.26	-0.05	-7.97	-11.55	-9.5	-11.53	-11.95	-14.57
Long-Term Debt/Equity (%)	67.96	53.77	43.85	54.32	58.53	44.64	55.05	54	66.01	58.52	98.18	86.57	89.96	87.48	94.83
Long-Term Debt/Capital (%)	87.67	80.1	95.78	81.2	78.85	69.02	79.78	66.57	74.33	61.65	81.84	74.75	78.37	78.1	84.75
Long-Term Debt/Total Assets (%)	39.19	31.4	27.86	29.23	31.84	26.33	31.82	28.97	34.84	27.57	47.99	41.77	42.75	41.83	43.52
Total Debt/Equity (%)	67.96	66.02	52.97	79.79	78.37	64.37	67.97	80.42	83.3	105.81	129.2	101.31	104.28	102.64	111.31
Total Debt/Capital (%)	87.67	98.35	115.7	119.27	105.58	99.54	98.5	99.14	93.8	111.47	107.71	87.49	90.84	91.64	99.48
Total Debt/Total Assets (%)	39.19	38.56	33.65	42.94	42.63	37.96	39.29	43.14	43.97	49.85	63.16	48.88	49.55	49.08	51.08
Net Debt to Equity	64.66	63.06	47.29	74.88	74.94	60.95	65.11	76.72	78.33	102.09	121.82	96.05	99.72	97.91	106.59
Net Debt/Capital (%)	87.12	98.27	117.92	120.8	105.85	99.51	98.43	99.1	91.71	109.83	106.74	85.54	88.97	89.77	97.73
EBITDA	37	46	90	122	146	159	170	186	176	2	81	209	227	228	211
EBITDA-CapEx	37	46	87	122	146	159	170	186	176	2	81	209	227	228	211
Operating Income (Loss)	7	11	38	58	82	87	84	85	77	-108	-25	59	76	81	61

Liquidity (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Cash Ratio	0.6	0.17	0.43	0.16	0.14	0.14	0.16	0.12	0.15	0.04	1.17	0.17	0.13	0.14	0.12
Current Ratio	1.36	0.46	1.1	0.41	1.05	0.64	0.48	0.35	0.44	0.15	2.3	0.38	0.49	0.25	0.25
Quick Ratio	0.8	0.25	0.52	0.23	0.24	0.25	0.29	0.23	0.31	0.11	1.44	0.24	0.21	0.2	0.18
CFO/Avg Current Liab	0.24	0.7	0.76	0.58	0.57	0.59	0.62	0.53	0.45	-0.1	0.22	0.95	0.52	0.57	0.5
Common Equity/Total Assets	-1.94	-3.89	-5.54	-7.33	-2.52	-0.03	0.46	0.26	-0.05	-7.97	-11.55	-9.5	-11.53	-11.95	-14.57
Long-Term Debt/Equity (%)	67.96	53.77	43.85	54.32	58.53	44.64	55.05	54	66.01	58.52	98.18	86.57	89.96	87.48	94.83
Long-Term Debt/Capital (%)	87.67	80.1	95.78	81.2	78.85	69.02	79.78	66.57	74.33	61.65	81.84	74.75	78.37	78.1	84.75
Long-Term Debt/Total Assets (%)	39.19	31.4	27.86	29.23	31.84	26.33	31.82	28.97	34.84	27.57	47.99	41.77	42.75	41.83	43.52
Total Debt/Equity (%)	67.96	66.02	52.97	79.79	78.37	64.37	67.97	80.42	83.3	105.81	129.2	101.31	104.28	102.64	111.31
Total Debt/Capital (%)	87.67	98.35	115.7	119.27	105.58	99.54	98.5	99.14	93.8	111.47	107.71	87.49	90.84	91.64	99.48
Total Debt/Total Assets (%)	39.19	38.56	33.65	42.94	42.63	37.96	39.29	43.14	43.97	49.85	63.16	48.88	49.55	49.08	51.08
CFO/Total Liabilities	10.29	10.29	15.34	15.16	18.4	19.39	15.86	15.69	13.35	-3.56	5.71	10.84	9.96	11.01	9.92
CFO/CapEx	- -	- -	25.87	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	0.27	0.12	0.26	0.19	0.44	0.38	0.3	0.25	0.26	-0.41	- -	0.08	0.12	0.08	0.04

Working Capital (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Accounts Receivable Turnover	44.1	36.32	47.05	54.11	54.15	44.62	35.8	36.64	40.31	18.72	27.57	38.08	34.75	36.61	40.56
Days Sales Outstanding	8.28	10.05	7.76	6.75	6.74	8.18	10.2	9.96	9.06	19.5	13.24	9.59	10.5	9.97	9
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	74.45	19.87	19.09	21.08	34.03	78.12	52.53	54.68	68.87	55.55	71.32	87.63	92.44	76.92	64.87
Accounts Payable Turnover Days	4.9	18.37	19.12	17.32	10.73	4.67	6.95	6.67	5.3	6.57	5.12	4.17	3.95	4.75	5.63
Cash Conversion Cycle	3.37	-8.32	-11.37	-10.57	-3.99	3.51	3.25	3.29	3.76	12.93	8.12	5.42	6.55	5.22	3.37
Inventory to Cash Days	8.28	10.05	7.76	6.75	6.74	8.18	10.2	9.96	9.06	19.5	13.24	9.59	10.5	9.97	9
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	11	14	47	39	29	35	37	44	42	21	64	51	38	41	36
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	41	37	13	6	4	3	3	2	70	63	159	498	486	476	412
+ Total Debt	217	313	436	627	672	652	868	959	1,036	1,113	1,431	1,477	1,457	1,422	1,418
Enterprise Value	248	335	402	594	647	621	835	917	1,063	1,156	1,525	1,924	1,904	1,857	1,794
Total Capital	248	318	376	525	636	655	881	967	1,104	999	1,328	1,689	1,603	1,551	1,425
Total Debt/Capital (%)	87.67	98.35	115.7	119.27	105.58	99.54	98.5	99.14	93.8	111.47	107.71	87.49	90.84	91.64	99.48
Total Debt / EV	0.88	0.93	1.08	1.06	1.04	1.05	1.04	1.05	0.97	0.96	0.94	0.77	0.76	0.77	0.79
EV/Sales	1.85	2.07	1.34	1.47	1.39	1.31	1.62	1.62	1.94	4.93	4.21	2.85	2.59	2.54	2.46
EV/EBITDA	6.74	7.31	4.48	4.86	4.42	3.91	4.9	4.94	6.04	582.6	18.91	9.22	8.4	8.15	8.52
EV/EBIT	35.59	30.38	10.47	10.18	7.85	7.18	9.91	10.81	13.9	- -	- -	32.82	25.12	22.83	29.44
EV/Cash Flow to Firm	7.6	6.96	4.72	4.58	3.98	3.76	4.71	4.49	5.63	700.14	13.82	10.34	7.62	6.8	7.6
EV/Free Cash Flow to Firm	7.6	6.96	4.57	4.58	3.98	3.76	4.71	4.49	5.63	700.14	13.82	10.34	7.62	6.8	7.6
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	248	335	402	594	647	621	835	917	1,063	1,156	1,525	1,924	1,904	1,857	1,794
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	134	162	299	403	463	474	515	567	549	234	362	676	736	732	729
TTM EBITDA	37	46	90	122	146	159	170	186	176	2	81	209	227	228	211
TTM Operating Income	7	11	38	58	82	87	84	85	77	-108	-25	59	76	81	61
TTM Cash Flow to Firm	33	48	85	130	162	165	177	204	189	2	110	186	250	273	236
TTM Free Cash Flow to Firm	33	48	88	130	162	165	177	204	189	2	110	186	250	273	236

Multiples (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	35.59	30.38	10.47	10.18	7.85	7.18	9.91	10.81	13.9	- -	- -	32.82	25.12	22.83	29.44
Enterprise Value	248	335	402	594	647	621	835	917	1,063	1,156	1,525	1,924	1,904	1,857	1,794
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	22.4	16.04	16.07	17.69	17.03
EV/Sales	1.85	2.07	1.34	1.47	1.39	1.31	1.62	1.62	1.94	4.93	4.21	2.85	2.59	2.54	2.46
EV/EBITDA	6.74	7.31	4.48	4.86	4.42	3.91	4.9	4.94	6.04	582.6	18.91	9.22	8.4	8.15	8.52
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales Average	1.85	2.07	1.34	1.47	1.39	1.31	1.62	1.62	1.94	4.93	4.21	2.85	2.59	2.54	2.46
EV/Sales High	1.85	2.07	1.34	1.47	1.39	1.31	1.62	1.62	1.94	4.93	4.21	2.85	2.59	2.54	2.46
EV/Sales Low	1.85	2.07	1.34	1.47	1.39	1.31	1.62	1.62	1.94	4.93	4.21	2.85	2.59	2.54	2.46
EV/EBITDA Average	6.74	7.31	4.48	4.86	4.42	3.91	4.9	4.94	6.04	582.6	18.91	9.22	8.4	8.15	8.52
EV/EBITDA High	6.74	7.31	4.48	4.86	4.42	3.91	4.9	4.94	6.04	582.6	18.91	9.22	8.4	8.15	8.52
EV/EBITDA Low	6.74	7.31	4.48	4.86	4.42	3.91	4.9	4.94	6.04	582.6	18.91	9.22	8.4	8.15	8.52
EV/EBIT Average	35.59	30.38	10.47	10.18	7.85	7.18	9.91	10.81	13.9	-10.74	-60.3	32.82	25.12	22.83	29.44
EV/EBIT High	35.59	30.38	10.47	10.18	7.85	7.18	9.91	10.81	13.9	-10.74	-60.3	32.82	25.12	22.83	29.44
EV/EBIT Low	35.59	30.38	10.47	10.18	7.85	7.18	9.91	10.81	13.9	-10.74	-60.3	32.82	25.12	22.83	29.44
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	25.75	17.13	20.9	20.3	18.1
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	27.02	26	24.3	22	21.5
Enterprise Value Average	248	335	402	594	647	621	835	917	1,063	1,156	1,525	1,924	1,904	1,857	1,794
Enterprise Value High	248	335	402	594	647	621	835	917	1,063	1,156	1,525	1,924	1,904	1,857	1,794
Enterprise Value Low	248	335	402	594	647	621	835	917	1,063	1,156	1,525	1,924	1,904	1,857	1,794

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Shares Outstanding	27	46	85	86	87	94	104	105	105	106	106	107	108	108	109
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Revenue per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash & Equivalents per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Tangible Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Summit Hotel Properties, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)