Summit Hotel Properties Stock Equity Positions Weight

INN Stock

USD 6.58 0.06 0.92%

Summit Hotel Properties fundamentals help investors to digest information that contributes to Summit Hotel's financial success or failures. It also enables traders to predict the movement of Summit Stock. The fundamental analysis module provides a way to measure Summit Hotel's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Summit Hotel stock.

Non Current Assets Total Net Debt

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Summit Hotel Properties Company Equity Positions Weight Analysis

Summit Hotel's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.

Stock Percentage

% of Equities

in the fund

More About Equity Positions Weight | All Equity Analysis

Summit Equity Positions Weight Driver Correlations

Understanding the fundamental principles of building solid financial models for Summit Hotel is extremely important. It helps to project a fair market value of Summit Stock properly, considering its historical fundamentals such as Equity Positions Weight. Since Summit Hotel's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Summit Hotel's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Summit Hotel's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Total Permanent Equity	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Net Debt	Current Deferred Revenue	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.84	0.76	0.77	0.38	0.22	0.98	0.67	0.55	0.98	0.72	0.82	0.5	0.74	-0.4	0.68	0.9	0.47	0.92	0.73	0.89	0.85	0.51	0.37	-0.37	0.23
Total Stockholder Equity	0.84		0.9	0.63	0.46	0.4	0.78	0.81	0.33	0.74	0.53	0.62	0.21	0.71	-0.45	0.38	0.93	0.31	0.59	0.84	0.54	0.63	0.21	0.05	-0.39	0.03
Net Tangible Assets	0.76	0.9		0.66	0.08	0.42	0.67	0.73	0.21	0.67	0.41	0.54	0.16	0.57	-0.09	0.4	0.84	0.35	0.48	0.69	0.49	0.61	0.22	0.09	-0.32	0.08
Total Permanent Equity	0.77	0.63	0.66		0.21	0.07	0.75	0.69	0.44	0.77	0.48	0.8	0.51	0.34	-0.23	0.76	0.68	0.41	0.75	0.44	0.79	0.93	0.49	0.39	-0.45	0.5
Retained Earnings	0.38	0.46	0.08	0.21		0.35	0.39	0.34	0.15	0.34	0.32	0.35	0.13	0.43	-1.0	0.21	0.49	0.17	0.37	0.67	0.27	0.27	0.12	0.07	-0.16	0.09
Accounts Payable	0.22	0.4	0.42	0.07	0.35		0.11	0.1	-0.13	0.11	0.09	-0.09	-0.22	0.13	-0.34	0.05	0.4	0.28	-0.02	0.63	-0.05	0.02	0.06	0.07	0.23	-0.01
Long Term Debt	0.98	0.78	0.67	0.75	0.39	0.11		0.66	0.65	0.99	0.75	0.86	0.6	0.71	-0.41	0.66	0.86	0.4	0.96	0.67	0.91	0.84	0.5	0.35	-0.45	0.24
Net Receivables	0.67	0.81	0.73	0.69	0.34	0.1	0.66		0.35	0.62	0.37	0.66	0.2	0.39	-0.33	0.33	0.69	0.15	0.54	0.54	0.5	0.62	0.03	0.05	-0.62	0.0
Short Term Investments	0.55	0.33	0.21	0.44	0.15	-0.13	0.65	0.35		0.61	0.43	0.5	0.68	0.22	-0.16	0.18	0.4	-0.25	0.65	0.24	0.53	0.44	0.26	0.06	-0.65	0.04
Total Liab	0.98	0.74	0.67	0.77	0.34	0.11	0.99	0.62	0.61		0.75	0.86	0.6	0.69	-0.37	0.71	0.85	0.45	0.96	0.65	0.95	0.87	0.54	0.41	-0.41	0.28
Deferred Long Term Liab	0.72	0.53	0.41	0.48	0.32	0.09	0.75	0.37	0.43	0.75		0.72	0.47	0.56	-0.35	0.44	0.65	0.28	0.7	0.51	0.7	0.62	0.63	0.13	-0.22	0.22
Long Term Investments	0.82	0.62	0.54	0.8	0.35	-0.09	0.86	0.66	0.5	0.86	0.72		0.57	0.6	-0.38	0.73	0.77	0.42	0.84	0.56	0.85	0.82	0.52	0.43	-0.5	0.55
Short Long Term Debt	0.5	0.21	0.16	0.51	0.13	-0.22	0.6	0.2	0.68	0.6	0.47	0.57		0.14	-0.16	0.33	0.41	-0.09	0.61	0.24	0.61	0.55	0.21	0.0	-0.65	0.27
Total Current Assets	0.74	0.71	0.57	0.34	0.43	0.13	0.71	0.39	0.22	0.69	0.56	0.6	0.14		-0.44	0.43	0.77	0.48	0.61	0.72	0.56	0.43	0.41	0.26	-0.02	0.12
Short Term Debt	-0.4	-0.45	-0.09	-0.23	-1.0	-0.34	-0.41	-0.33	-0.16	-0.37	-0.35	-0.38	-0.16	-0.44		-0.24	-0.5	-0.2	-0.4	-0.68	-0.3	-0.3	-0.14	-0.1	0.16	-0.13
Intangible Assets	0.68	0.38	0.4	0.76	0.21	0.05	0.66	0.33	0.18	0.71	0.44	0.73	0.33	0.43	-0.24		0.54	0.82	0.76	0.35	0.82	0.81	0.57	0.82	0.02	0.75
Common Stock	0.9	0.93	0.84	0.68	0.49	0.4	0.86	0.69	0.4	0.85	0.65	0.77	0.41	0.77	-0.5	0.54		0.44	0.71	0.91	0.68	0.7	0.35	0.23	-0.38	0.28
Property Plant Equipment	0.47	0.31	0.35	0.41	0.17	0.28	0.4	0.15	-0.25	0.45	0.28	0.42	-0.09	0.48	-0.2	0.82	0.44		0.45	0.38	0.5	0.46	0.38	0.81	0.46	0.59
Net Debt	0.92	0.59	0.48	0.75	0.37	-0.02	0.96	0.54	0.65	0.96	0.7	0.84	0.61	0.61	-0.4	0.76	0.71	0.45		0.5	0.97	0.86	0.55	0.5	-0.37	0.32
Current Deferred Revenue	0.73	0.84	0.69	0.44	0.67	0.63	0.67	0.54	0.24	0.65	0.51	0.56	0.24	0.72	-0.68	0.35	0.91	0.38	0.5		0.45	0.44	0.21	0.14	-0.23	0.19
Long Term Debt Total	0.89	0.54	0.49	0.79	0.27	-0.05	0.91	0.5	0.53	0.95	0.7	0.85	0.61	0.56	-0.3	0.82	0.68	0.5	0.97	0.45		0.91	0.62	0.54	-0.34	0.4
Capital Surpluse	0.85	0.63	0.61	0.93	0.27	0.02	0.84	0.62	0.44	0.87	0.62	0.82	0.55	0.43	-0.3	0.81	0.7	0.46	0.86	0.44	0.91		0.59	0.41	-0.4	0.43
Cash And Equivalents	0.51	0.21	0.22	0.49	0.12	0.06	0.5	0.03	0.26	0.54	0.63	0.52	0.21	0.41	-0.14	0.57	0.35	0.38	0.55	0.21	0.62	0.59		0.36	0.1	0.41
Net Invested Capital	0.37	0.05	0.09	0.39	0.07	0.07	0.35	0.05	0.06	0.41	0.13	0.43	0.0	0.26	-0.1	0.82	0.23	0.81	0.5	0.14	0.54	0.41	0.36		0.31	0.69
Net Working Capital	-0.37	-0.39	-0.32	-0.45	-0.16	0.23	-0.45	-0.62	-0.65	-0.41	-0.22	-0.5	-0.65	-0.02	0.16	0.02	-0.38	0.46	-0.37	-0.23	-0.34	-0.4	0.1	0.31		0.05
Capital Stock	0.23	0.03	0.08	0.5	0.09	-0.01	0.24	0.0	0.04	0.28	0.22	0.55	0.27	0.12	-0.13	0.75	0.28	0.59	0.32	0.19	0.4	0.43	0.41	0.69	0.05

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Predict Summit Hotel

According to the company disclosure, Summit Hotel Properties has an Equity Positions Weight of 0.0%. This indicator is about the same for the Diversified REITs average (which is currently at 0.0) sector and about the same as Real Estate (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

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Summit Hotel ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Summit Hotel's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Summit Hotel's managers, analysts, and investors.

Environmental

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Summit Fundamentals

	Return On Equity	0.0118
	Return On Asset	0.018
	Profit Margin	0.04 %
	Operating Margin	0.09 %
	Current Valuation	2.02 B
	Shares Outstanding	108.42 M
	Shares Owned By Insiders	3.02 %
	Shares Owned By Institutions	94.29 %
	Number Of Shares Shorted	3.03 M
	Price To Earning	14.60 X
	Price To Book	0.78 X
	Price To Sales	0.97 X
	Revenue	736.13 M
	Gross Profit	305.82 M
	EBITDA	212.4 M
	Net Income	(9.49 M)
	Cash And Equivalents	51.26 M
	Cash Per Share	1.03 X
	Total Debt	1.46 B
	Debt To Equity	1.04 %
	Current Ratio	1.92 X
	Book Value Per Share	8.40 X
	Cash Flow From Operations	153.64 M
	Short Ratio	4.56 X
	Earnings Per Share	0.05 X
	Target Price	7.63
	Number Of Employees	78
	Beta	2.05
	Market Capitalization	713.39 M
	Total Asset	2.94 B
	Retained Earnings	(339.85 M)
	Working Capital	(134.52 M)
	Current Asset	103.54 M
	Current Liabilities	678.8 M
	Annual Yield	0.05 %
	Five Year Return	5.51 %
	Net Asset	2.94 B
	Last Dividend Paid	0.28

About Summit Hotel Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Summit Hotel Properties's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Summit Hotel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Summit Hotel Properties based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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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 Correlation Correlation 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:

How To Invest In Summit

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Is Summit Stock a good investment?

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What is Summit Hotel's Net Worth?

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Largest Hotel & Resort REITs Companies

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Largest Equity Real Estate Investment Trusts (REITs) Companies

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Check out Summit Hotel Piotroski F Score and Summit Hotel Altman Z Score analysis.

You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Is Hotel & Resort REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Hotel. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Hotel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.79)

Dividend Share

0.28

Earnings Share

0.05

Revenue Per Share

6.957

Quarterly Revenue Growth

(0.03)

The market value of Summit Hotel Properties is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Hotel's value that differs from its market value or its book value, called intrinsic value, which is Summit Hotel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Hotel's market value can be influenced by many factors that don't directly affect Summit Hotel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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. However, Summit Hotel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Summit Hotel Properties Stock Equity Positions Weight

Summit Hotel Properties Company Equity Positions Weight Analysis

Stock Percentage

% of Equities

in the fund

Summit Equity Positions Weight Driver Correlations

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Summit Hotel ESG Sustainability

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Pair Trading with Summit Hotel

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