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Summit Hotel Properties INN Lease Liability Payments - Due Year Four

Lease Liability Payments - Due Year Four at other companies

Xenia Hotels & Resorts logo
Xenia Hotels & ResortsXHR
$914K-29.5%
Red Rock Resorts, Inc. logo
Red Rock Resorts, Inc.RRR
$11.31M

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:LesseeOperatingLeaseLiabilityPaymentsDueYearFour.

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 four?
Summit Hotel Properties (INN) reported lease liability payments - due year four of $1.39M in Q1 2026.
How has Summit Hotel Properties's lease liability payments - due year four changed year-over-year?
Summit Hotel Properties's lease liability payments - due year four decreased by 31.3% year-over-year, from $2.02M to $1.39M.
What does lease liability payments - due year four mean?
The contractual cash obligations for operating and finance leases due in the fourth year following the balance sheet date. This is part of the long-term lease maturity schedule that helps investors assess the company's future fixed cost burden. It allows for better modeling of long-term capital allocation and cash flow stability.