Summit Hotel Properties (FRA:SDP) Other Long Term Assets : €2,488.7 Mil (As of Mar. 2024)

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What is Summit Hotel Properties Other Long Term Assets?

Summit Hotel Properties's other long-term assets for the quarter that ended in Mar. 2024 was €2,488.7 Mil.

Summit Hotel Properties's quarterly other long-term assets declined from Sep. 2023 (€2,661.1 Mil) to Dec. 2023 (€2,487.8 Mil) but then increased from Dec. 2023 (€2,487.8 Mil) to Mar. 2024 (€2,488.7 Mil).

Summit Hotel Properties's annual other long-term assets increased from Dec. 2021 (€1,856.3 Mil) to Dec. 2022 (€2,668.9 Mil) but then declined from Dec. 2022 (€2,668.9 Mil) to Dec. 2023 (€2,487.8 Mil).

Summit Hotel Properties Other Long Term Assets Historical Data

The historical data trend for Summit Hotel Properties's Other Long Term Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Summit Hotel Properties Other Long Term Assets Chart

Summit Hotel Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Long Term Assets

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1,972.12

1,733.45

1,856.33

2,668.93

2,487.78

Summit Hotel Properties Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Long Term Assets	Get a 7-Day Free Trial															2,594.22	2,643.41	2,661.15	2,487.78	2,488.69

Summit Hotel Properties Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.

Summit Hotel Properties (FRA:SDP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Summit Hotel Properties Inc (FRA:SDP) » Definitions » Other Long Term Assets

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Address

13215 Bee Cave Parkway, Suite B-300, Austin, TX, USA, 78738

Website

https://www.shpreit.com

Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.