What does longview, TX — assets held for sale, net mean?

Represents the net book value of hotel properties in the specified geographic area that have been identified for divestiture and meet the accounting criteria for held-for-sale classification. This metric provides insight into the company's near-term liquidity plans and the potential reduction in asset base within a specific market. It serves as a key indicator of management's intent to prune the portfolio and reallocate capital.

Summit Hotel Properties INN Longview, TX — Assets held for sale, net

Other geography segments

Dallas (Arlington South), TX

$18.41M—

Similar metrics at other companies

NGSMidland Texas — Assets Held for Sale

$8.8M—

XIFRAssets Held for Sale

$0-100%

GOGOAssets Held for Sale

$26.27M+58.0%

AVBAssets Held for Sale

$0-100%

ABATAsset, Held-for-Sale, Not Part of Disposal Group, Other

$800K-78.9%

HOVHome Building — Inventory Land Held For Sale

$0-100%

Other financials

Income statement

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Revenue$185.1M+0.3%

Operating income$14.1M-28.7%

Net income-$5.9M-1,049%

EPS (diluted)-$0.10-150%

Balance sheet

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Cash & equivalents$50.4M-10.5%

Total debt$1.4B-1.5%

Total equity$840.4M-8.7%

Total assets$2.8B-4.9%

Cash flow

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Operating cash flow$28.1M+8.7%

CapEx$11.9M-24.1%

Free cash flow$16.2M+59.6%

Valuation

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Market cap$741.22M+35.6%

Enterprise value$2.11B+9.2%

P/S1×+0.3×

Profitability

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Gross margin36.8%—

Operating margin8.2%-5.5pp

Net margin-2.5%-6.9pp

FCF margin10.9%+0.3pp

Returns & leverage

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Return on equity-2.1%-5.6pp

Debt / equity1.7×+0.1×

Where this comes from

Reported directly by Summit Hotel Properties in its filing.

Tagged under the XBRL concept us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperation.

The official record: Summit Hotel Properties’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Summit Hotel Properties's longview, TX — assets held for sale, net?: Summit Hotel Properties (INN) reported longview, TX — assets held for sale, net of $0 in Q1 2026.
What does longview, TX — assets held for sale, net mean?: Represents the net book value of hotel properties in the specified geographic area that have been identified for divestiture and meet the accounting criteria for held-for-sale classification. This metric provides insight into the company's near-term liquidity plans and the potential reduction in asset base within a specific market. It serves as a key indicator of management's intent to prune the portfolio and reallocate capital.