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Summit Hotel Properties INN Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets at other companies

RLJ Lodging Trust logo
RLJ Lodging TrustRLJ
$25.68M+10.4%
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$210M+166%
Chatham Lodging Trust logo
Chatham Lodging TrustCLDT
$4.33M-22.9%
Pebblebrook Hotel Trust logo
Pebblebrook Hotel TrustPEB
-$6.47M-58.7%
Hyatt Hotels logo
Hyatt HotelsH
Corpay logo
CorpayCPAY

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:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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 increase (decrease) in prepaid expense and other assets?
Summit Hotel Properties (INN) reported increase (decrease) in prepaid expense and other assets of $7.57M in Q1 2026.
How has Summit Hotel Properties's increase (decrease) in prepaid expense and other assets changed year-over-year?
Summit Hotel Properties's increase (decrease) in prepaid expense and other assets increased by 23.2% year-over-year, from $6.15M to $7.57M.
What is the long-term trend for Summit Hotel Properties's increase (decrease) in prepaid expense and other assets?
Over 2 years (2021 to 2025), Summit Hotel Properties's increase (decrease) in prepaid expense and other assets has grown at a 25.7% compound annual growth rate (CAGR), from $1.36M to -$2.15M.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.