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Summit Hotel Properties INN Lease Liability Payments - Due Year Three

Lease Liability Payments - Due Year Three at other companies

Xenia Hotels & Resorts logo
Xenia Hotels & ResortsXHR
$953K-43.5%
Red Rock Resorts, Inc. logo
Red Rock Resorts, Inc.RRR
$15.25M

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/S+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:LesseeOperatingLeaseLiabilityPaymentsDueYearThree.

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 lease liability payments - due year three?
Summit Hotel Properties (INN) reported lease liability payments - due year three of $2.06M in Q1 2026.
How has Summit Hotel Properties's lease liability payments - due year three changed year-over-year?
Summit Hotel Properties's lease liability payments - due year three decreased by 3.9% year-over-year, from $2.14M to $2.06M.
What does lease liability payments - due year three mean?
The contractual cash obligations for operating and finance leases due in the third year following the balance sheet date. This metric helps in mapping out the long-term fixed cost profile of the company. It is essential for evaluating the sustainability of lease-related cash outflows over a multi-year horizon.