Summit Hotel Properties Stock Z Score

INN Stock

USD 6.53 0.03 0.46%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Summit Hotel Piotroski F Score and Summit Hotel Valuation analysis.

At this time, Summit Hotel's Additional Paid In Capital is very stable compared to the past year. As of the 16th of February 2025, Change In Working Capital is likely to grow to about 1.1 M, while Capital Surpluse is likely to drop about 1.2 B. At this time, Summit Hotel's Selling General Administrative is very stable compared to the past year. As of the 16th of February 2025, Non Recurring is likely to grow to about 9.9 M, while Gross Profit is likely to drop about 195.7 M.

Summit Hotel Properties Company Z Score Analysis

Summit Hotel's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Summit Z Score 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 Z Score. 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		0.81	0.71	0.77	0.36	0.22	0.98	0.64	0.42	0.86	0.73	0.82	0.54	0.77	-0.39	0.74	0.86	0.55	0.94	0.69	0.93	0.87	0.57	0.56	-0.31	0.48
Total Stockholder Equity	0.81		0.9	0.65	0.46	0.4	0.77	0.81	0.3	0.62	0.55	0.64	0.24	0.71	-0.46	0.42	0.94	0.35	0.59	0.84	0.57	0.67	0.26	0.15	-0.37	0.15
Net Tangible Assets	0.71	0.9		0.65	0.08	0.43	0.64	0.74	0.21	0.56	0.41	0.53	0.17	0.55	-0.09	0.38	0.83	0.34	0.45	0.69	0.46	0.6	0.22	0.14	-0.33	0.16
Total Permanent Equity	0.77	0.65	0.65		0.21	0.08	0.76	0.69	0.41	0.83	0.5	0.81	0.54	0.38	-0.24	0.76	0.66	0.44	0.74	0.45	0.78	0.93	0.51	0.43	-0.45	0.49
Retained Earnings	0.36	0.46	0.08	0.21		0.35	0.37	0.34	0.14	0.31	0.33	0.35	0.14	0.42	-1.0	0.21	0.49	0.17	0.35	0.67	0.27	0.27	0.12	0.08	-0.16	0.08
Accounts Payable	0.22	0.4	0.43	0.08	0.35		0.12	0.11	-0.14	0.11	0.1	-0.08	-0.21	0.14	-0.35	0.07	0.41	0.29	0.0	0.63	-0.02	0.04	0.08	0.08	0.23	0.03
Long Term Debt	0.98	0.77	0.64	0.76	0.37	0.12		0.63	0.54	0.87	0.77	0.86	0.62	0.75	-0.4	0.72	0.84	0.48	0.96	0.65	0.94	0.87	0.56	0.51	-0.39	0.44
Net Receivables	0.64	0.81	0.74	0.69	0.34	0.11	0.63		0.33	0.51	0.39	0.67	0.21	0.39	-0.33	0.34	0.7	0.17	0.51	0.54	0.5	0.63	0.06	0.09	-0.62	0.06
Short Term Investments	0.42	0.3	0.21	0.41	0.14	-0.14	0.54	0.33		0.34	0.38	0.45	0.62	0.16	-0.15	0.12	0.39	-0.28	0.5	0.22	0.43	0.39	0.21	-0.07	-0.64	-0.1
Total Liab	0.86	0.62	0.56	0.83	0.31	0.11	0.87	0.51	0.34		0.66	0.92	0.57	0.64	-0.35	0.91	0.74	0.68	0.87	0.6	0.9	0.87	0.6	0.68	-0.28	0.7
Deferred Long Term Liab	0.73	0.55	0.41	0.5	0.33	0.1	0.77	0.39	0.38	0.66		0.74	0.5	0.59	-0.35	0.48	0.66	0.32	0.72	0.52	0.71	0.63	0.64	0.28	-0.21	0.35
Long Term Investments	0.82	0.64	0.53	0.81	0.35	-0.08	0.86	0.67	0.45	0.92	0.74		0.6	0.63	-0.38	0.74	0.74	0.45	0.83	0.57	0.85	0.82	0.54	0.47	-0.5	0.54
Short Long Term Debt	0.54	0.24	0.17	0.54	0.14	-0.21	0.62	0.21	0.62	0.57	0.5	0.6		0.21	-0.17	0.38	0.41	-0.01	0.63	0.26	0.64	0.58	0.26	0.17	-0.62	0.33
Total Current Assets	0.77	0.71	0.55	0.38	0.42	0.14	0.75	0.39	0.16	0.64	0.59	0.63	0.21		-0.44	0.51	0.76	0.54	0.66	0.71	0.63	0.49	0.47	0.42	0.0	0.35
Short Term Debt	-0.39	-0.46	-0.09	-0.24	-1.0	-0.35	-0.4	-0.33	-0.15	-0.35	-0.35	-0.38	-0.17	-0.44		-0.25	-0.5	-0.21	-0.38	-0.68	-0.31	-0.31	-0.16	-0.12	0.16	-0.13
Intangible Assets	0.74	0.42	0.38	0.76	0.21	0.07	0.72	0.34	0.12	0.91	0.48	0.74	0.38	0.51	-0.25		0.5	0.84	0.8	0.36	0.84	0.82	0.61	0.82	0.01	0.75
Common Stock	0.86	0.94	0.83	0.66	0.49	0.41	0.84	0.7	0.39	0.74	0.66	0.74	0.41	0.76	-0.5	0.5		0.4	0.67	0.91	0.64	0.66	0.34	0.19	-0.38	0.2
Property Plant Equipment	0.55	0.35	0.34	0.44	0.17	0.29	0.48	0.17	-0.28	0.68	0.32	0.45	-0.01	0.54	-0.21	0.84	0.4		0.53	0.39	0.56	0.49	0.43	0.78	0.43	0.64
Net Debt	0.94	0.59	0.45	0.74	0.35	0.0	0.96	0.51	0.5	0.87	0.72	0.83	0.63	0.66	-0.38	0.8	0.67	0.53		0.49	0.99	0.87	0.61	0.65	-0.3	0.55
Current Deferred Revenue	0.69	0.84	0.69	0.45	0.67	0.63	0.65	0.54	0.22	0.6	0.52	0.57	0.26	0.71	-0.68	0.36	0.91	0.39	0.49		0.45	0.45	0.23	0.17	-0.23	0.18
Long Term Debt Total	0.93	0.57	0.46	0.78	0.27	-0.02	0.94	0.5	0.43	0.9	0.71	0.85	0.64	0.63	-0.31	0.84	0.64	0.56	0.99	0.45		0.91	0.65	0.69	-0.3	0.63
Capital Surpluse	0.87	0.67	0.6	0.93	0.27	0.04	0.87	0.63	0.39	0.87	0.63	0.82	0.58	0.49	-0.31	0.82	0.66	0.49	0.87	0.45	0.91		0.61	0.56	-0.4	0.61
Cash And Equivalents	0.57	0.26	0.22	0.51	0.12	0.08	0.56	0.06	0.21	0.6	0.64	0.54	0.26	0.47	-0.16	0.61	0.34	0.43	0.61	0.23	0.65	0.61		0.51	0.09	0.56
Net Invested Capital	0.56	0.15	0.14	0.43	0.08	0.08	0.51	0.09	-0.07	0.68	0.28	0.47	0.17	0.42	-0.12	0.82	0.19	0.78	0.65	0.17	0.69	0.56	0.51		0.23	0.88
Net Working Capital	-0.31	-0.37	-0.33	-0.45	-0.16	0.23	-0.39	-0.62	-0.64	-0.28	-0.21	-0.5	-0.62	0.0	0.16	0.01	-0.38	0.43	-0.3	-0.23	-0.3	-0.4	0.09	0.23		0.06
Capital Stock	0.48	0.15	0.16	0.49	0.08	0.03	0.44	0.06	-0.1	0.7	0.35	0.54	0.33	0.35	-0.13	0.75	0.2	0.64	0.55	0.18	0.63	0.61	0.56	0.88	0.06

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Summit Hotel

According to the company's disclosures, Summit Hotel Properties has a Z Score of 0.0. This is 100.0% lower than that of the Diversified REITs sector and about the same as Real Estate (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Summit Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Summit Hotel's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Summit Hotel could also be used in its relative valuation, which is a method of valuing Summit Hotel by comparing valuation metrics of similar companies.

Summit Hotel is currently under evaluation in z score category among its peers.

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

Governance

Social

Summit Hotel Institutional Holders

Institutional Holdings refers to the ownership stake in Summit Hotel that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Summit Hotel's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Summit Hotel's value.

		Shares
Deutsche Bank Ag	2024-09-30	1.6 M
Charles Schwab Investment Management Inc	2024-12-31	1.6 M
Dimensional Fund Advisors, Inc.	2024-09-30	1.6 M
Barclays Plc	2024-09-30	1.2 M
Northern Trust Corp	2024-09-30	1.2 M
Grace & White Inc	2024-12-31	1.1 M
Systematic Financial Management Lp	2024-09-30	1 M
Globeflex Capital, L.p. Usd	2024-09-30	919.7 K
Globeflex Capital, L.p. Usd	2024-09-30	919.7 K
Blackrock Inc	2024-09-30	21.1 M
Vanguard Group Inc	2024-09-30	15.5 M

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	3.03 %
	Shares Owned By Institutions	95.42 %
	Number Of Shares Shorted	3.51 M
	Price To Earning	14.60 X
	Price To Book	0.78 X
	Price To Sales	0.96 X
	Revenue	736.13 M
	Gross Profit	332.97 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	6.57 X
	Earnings Per Share	0.05 X
	Target Price	8.13
	Number Of Employees	78
	Beta	2.02
	Market Capitalization	707.97 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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0.47	O	Realty Income Earnings Call This Week	Pair Corr
0.44	CCI	Crown Castle	Pair Corr
0.43	REGCP	Regency Centers	Pair Corr

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

Details

Is Summit Stock a good investment?

Details

What is Summit Hotel's Net Worth?

Details

Largest Hotel & Resort REITs Companies

View

Largest Equity Real Estate Investment Trusts (REITs) Companies

View

Check out Summit Hotel Piotroski F Score and Summit Hotel Valuation analysis.

You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Summit Hotel Properties Stock Z Score

Summit Hotel Properties Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Summit Z Score Driver Correlations

Summit Z Score Peer Comparison

Summit Hotel ESG Sustainability

Summit Hotel Institutional Holders

Summit Fundamentals

About Summit Hotel Fundamental Analysis

Pair Trading with Summit Hotel

Moving against Summit Stock

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