Summit Interest Income from 2010 to 2026
| INN Stock | USD 4.46 0.13 2.83% |
Interest Income | First Reported 2019-03-31 | Previous Quarter 301 K | Current Value 259 K | Quarterly Volatility 7.5 M |
Check Summit Hotel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Hotel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 155.4 M, Interest Expense of 99.8 M or Total Revenue of 439.6 M, as well as many indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.041 or PTB Ratio of 0.87. Summit financial statements analysis is a perfect complement when working with Summit Hotel Valuation or Volatility modules.
Summit | Interest Income | Build AI portfolio with Summit Stock |
Latest Summit Hotel's Interest Income Growth Pattern
Below is the plot of the Interest Income of Summit Hotel Properties over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Summit Hotel's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit Hotel's overall financial position and show how it may be relating to other accounts over time.
| Interest Income | 10 Years Trend |
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Interest Income |
| Timeline |
Summit Interest Income Regression Statistics
| Arithmetic Mean | 28,377,884 | |
| Geometric Mean | 17,424,513 | |
| Coefficient Of Variation | 62.55 | |
| Mean Deviation | 12,571,693 | |
| Median | 30,414,000 | |
| Standard Deviation | 17,751,230 | |
| Sample Variance | 315.1T | |
| Range | 64M | |
| R-Value | (0.37) | |
| Mean Square Error | 291.2T | |
| R-Squared | 0.13 | |
| Significance | 0.15 | |
| Slope | (1,285,667) | |
| Total Sum of Squares | 5041.7T |
Summit Interest Income History
Other Fundumenentals of Summit Hotel Properties
Summit Hotel Interest Income component correlations
Click cells to compare fundamentals
About Summit Hotel Financial Statements
Summit Hotel investors utilize fundamental indicators, such as Interest Income, to predict how Summit Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Interest Income | 1.7 M | 1.6 M | |
| Net Interest Income | -72.7 M | -76.3 M |
Pair Trading with Summit Hotel
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Summit Hotel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Summit Hotel will appreciate offsetting losses from the drop in the long position's value.Moving against Summit Stock
| 0.65 | BRK-B | Berkshire Hathaway | PairCorr |
| 0.57 | TUXS | Tuxis | PairCorr |
| 0.56 | HYMTF | Hyundai Motor | PairCorr |
| 0.52 | XHR | Xenia Hotels Resorts | PairCorr |
| 0.52 | MOJO | Mojo Organics | PairCorr |
The ability to find closely correlated positions to Summit Hotel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Summit Hotel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Summit Hotel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Summit Hotel Properties to buy it.
The correlation of Summit Hotel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Summit Hotel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Summit Hotel Properties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Summit Hotel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Summit Hotel Correlation against competitors. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Will Hotel & Resort REITs sector continue expanding? Could Summit diversify its offerings? Factors like these will boost the valuation of Summit Hotel. Market participants price Summit higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Summit Hotel data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.79) | Dividend Share 0.32 | Earnings Share (0.17) | Revenue Per Share | Quarterly Revenue Growth 0.002 |
Understanding Summit Hotel Properties requires distinguishing between market price and book value, where the latter reflects Summit's accounting equity. The concept of intrinsic value—what Summit Hotel's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Summit Hotel's price substantially above or below its fundamental value.
Please note, there is a significant difference between Summit Hotel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Hotel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Summit Hotel's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.