Summit Hotel Properties (INN)

Net assets on the balance sheet as of June 2024 : A$2.14 Billion

According to Summit Hotel Properties's latest financial reports the company has A$2.14 Billion 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	$A$2.05 B	-4.33%
2022-12-31	$A$2.14 B	40.31%
2021-12-31	$A$1.52 B	11.62%
2020-12-31	$A$1.36 B	-22.96%
2019-12-31	$A$1.77 B	4.94%
2018-12-31	$A$1.69 B	3.43%
2017-12-31	$A$1.63 B	16.37%
2016-12-31	$A$1.40 B	19.53%
2015-12-31	$A$1.17 B	22.6%
2014-12-31	$A$0.95 B	4.06%
2013-12-31	$A$0.92 B	102.33%
2012-12-31	$A$0.45 B	46.26%
2011-12-31	$A$0.31 B	428.82%
2010-12-31	$A$58.91 M	-34.9%
2009-12-31	$A$90.5 M	-27.24%
2008-12-31	$A$0.12 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Physicians Realty Trust DOC	A$14.00 B	554.26%	🇺🇸 USA
Simon Property Group SPG	A$5.44 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 : A$2.14 Billion