Summit Interest Income from 2010 to 2026

INN Stock  USD 4.46  0.13  2.83%   
Summit Hotel Interest Income yearly trend continues to be very stable with very little volatility. Interest Income is likely to drop to about 1.6 M. Interest Income 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. View All Fundamentals
 
Interest Income  
First Reported
2019-03-31
Previous Quarter
301 K
Current Value
259 K
Quarterly Volatility
7.5 M
 
Covid
 
Interest Hikes
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.
  
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Check out the analysis of Summit Hotel Correlation against competitors.

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 Income10 Years Trend
Slightly volatile
   Interest Income   
       Timeline  

Summit Interest Income Regression Statistics

Arithmetic Mean28,377,884
Geometric Mean17,424,513
Coefficient Of Variation62.55
Mean Deviation12,571,693
Median30,414,000
Standard Deviation17,751,230
Sample Variance315.1T
Range64M
R-Value(0.37)
Mean Square Error291.2T
R-Squared0.13
Significance0.15
Slope(1,285,667)
Total Sum of Squares5041.7T

Summit Interest Income History

20261.6 M
20251.7 M
20241.9 M
20231.7 M
202265.6 M
202143.4 M
202043.3 M

Other Fundumenentals of Summit Hotel Properties

Summit Hotel Interest Income component correlations

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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 ReportedProjected for Next Year
Interest Income1.7 M1.6 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

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  0.52MOJO Mojo OrganicsPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Summit Hotel Properties offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit Hotel's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Summit Hotel Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit Hotel Properties Stock:
Check out the analysis of Summit Hotel Correlation against competitors.
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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
6.806
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.