Summit Hotel Properties (INN)

Net assets on the balance sheet as of June 2024 : NZ$2.27 B

According to Summit Hotel Properties's latest financial reports the company has NZ$2.27 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Summit Hotel Properties - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$2.20 B	-3.84%
2022-12-31	$NZ$2.29 B	42.06%
2021-12-31	$NZ$1.61 B	10.52%
2020-12-31	$NZ$1.46 B	-20.64%
2019-12-31	$NZ$1.84 B	3.76%
2018-12-31	$NZ$1.77 B	-1.23%
2017-12-31	$NZ$1.79 B	22.93%
2016-12-31	$NZ$1.46 B	16.72%
2015-12-31	$NZ$1.25 B	25.23%
2014-12-31	$NZ$1.00 B	-0.04%
2013-12-31	$NZ$1.00 B	73.36%
2012-12-31	$NZ$0.57 B	41.11%
2011-12-31	$NZ$0.40 B	425.56%
2010-12-31	$NZ$77.88 M	-30.93%
2009-12-31	$NZ$0.11 B	-25.88%
2008-12-31	$NZ$0.15 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Physicians Realty Trust DOC	NZ$15.22 B	568.22%	🇺🇸 USA
Simon Property Group SPG	NZ$5.79 B	154.46%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Summit Hotel Properties (INN) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$2.27 B