Summit Hotel Properties (INN)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2024 | 12-2023 | 12-2022 | 12-2021 | 12-2020 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 38,891 | -28,116 | 1,217 | -68,584 | -149,245 |
| Depreciation Amortization | 153,018 | 156,834 | 155,868 | 110,308 | 111,886 |
| Income taxes - deferred | 762 | 84 | -59 | -19 | 2,056 |
| Accounts receivable | 2,724 | -334 | -7,257 | -2,701 | 1,286 |
| Other Working Capital | 2,073 | 672 | 13,491 | 12,586 | -17,722 |
| Other Operating Activity | -31,145 | 24,501 | 6,355 | 14,461 | 9,687 |
| Operating Cash Flow | $166,323 | $153,641 | $169,615 | $66,051 | $-42,052 |
| Cash Flows From Investing Activities | |||||
| Change In Deposits | -5,150 | -826 | N/A | N/A | N/A |
| PPE Investments | -76,193 | -99,018 | -289,442 | -79,392 | -22,632 |
| Sale Of Investment | N/A | 1,462 | 1,096 | 25,800 | 4,031 |
| Other Investing Activity | 9,844 | -3,576 | -2,167 | -20,652 | -12,109 |
| Investing Cash Flow | $-71,499 | $-101,958 | $-290,513 | $-74,244 | $-30,710 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | 115,000 | 75,000 | 531,500 | 516,767 | N/A |
| Debt Issued | 50,000 | N/A | N/A | N/A | 202,500 |
| Debt Repayment | -94,675 | -2,284 | -506,898 | -351,932 | -123,748 |
| Common Stock Issued | N/A | N/A | N/A | 96,617 | N/A |
| Common Stock Repurchased | -939 | -1,388 | -2,456 | -2,694 | -469 |
| Dividend Paid | -55,676 | -45,776 | -28,389 | -15,521 | -33,758 |
| Other Financing Activity | -107,944 | -91,275 | 92,005 | -176,996 | -2,700 |
| Financing Cash Flow | $-94,234 | $-65,723 | $85,762 | $66,241 | $41,825 |
| Beginning Cash Position | 47,768 | 61,808 | 96,944 | 38,896 | 69,833 |
| End Cash Position | 48,358 | 47,768 | 61,808 | 96,944 | 38,896 |
| Net Cash Flow | $590 | $-14,040 | $-35,136 | $58,048 | $-30,937 |
| Free Cash Flow | |||||
| Operating Cash Flow | 166,323 | 153,641 | 169,615 | 66,051 | -42,052 |
| Capital Expenditure | -185,635 | -134,194 | -363,200 | -79,392 | -22,632 |
| Free Cash Flow | -19,312 | 19,447 | -193,585 | -13,341 | -64,684 |