Summit Hotel Properties (INN) - Cash on Hand

Cash on Hand as of September 2024 : NZ$87.2 Million

According to Summit Hotel Properties's latest financial reports the company has NZ$87.2 Million in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Summit Hotel Properties - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$59.83 M	-25.89%
2022-12-31	NZ$80.72 M	-14.49%
2021-12-31	NZ$94.4 M	228.78%
2020-12-31	NZ$28.71 M	-54.21%
2019-12-31	NZ$62.71 M	-4.58%
2018-12-31	NZ$65.72 M	27.73%
2017-12-31	NZ$51.45 M	2.74%
2016-12-31	NZ$50.08 M	16.89%
2015-12-31	NZ$42.84 M	-12.98%
2014-12-31	NZ$49.24 M	-13.36%
2013-12-31	NZ$56.83 M	234.45%
2012-12-31	NZ$16.99 M	25.87%
2011-12-31	NZ$13.5 M	30.57%
2010-12-31	NZ$10.34 M	-8.85%
2009-12-31	NZ$11.34 M	-63.74%
2008-12-31	NZ$31.28 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
New Senior Investment Group SNR	N/A	N/A	🇺🇸 USA
Physicians Realty Trust DOC	NZ$0.30 B	249.01%	🇺🇸 USA
Simon Property Group SPG	NZ$4.27 B	4,802.38%	🇺🇸 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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