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Summit Hotel Properties (INN-PE) Asset Writedowns and Impairment (2018 - 2023)

Historic Asset Writedowns and Impairment for Summit Hotel Properties (INN-PE) over the last 9 years, with Q2 2023 value amounting to $250000.0.

  • Summit Hotel Properties' Asset Writedowns and Impairment rose 20000.0% to $250000.0 in Q2 2023 from the same period last year, while for Jun 2023 it was $10.4 million, marking a year-over-year increase of 15108.43%. This contributed to the annual value of $6.7 million for FY2024, which is 5964.83% down from last year.
  • As of Q2 2023, Summit Hotel Properties' Asset Writedowns and Impairment stood at $250000.0, which was up 20000.0% from $10.4 million recorded in Q4 2022.
  • In the past 5 years, Summit Hotel Properties' Asset Writedowns and Impairment ranged from a high of $10.4 million in Q4 2022 and a low of -$250000.0 during Q2 2022
  • In the last 5 years, Summit Hotel Properties' Asset Writedowns and Impairment had a median value of $836000.0 in 2019 and averaged $2.1 million.
  • As far as peak fluctuations go, Summit Hotel Properties' Asset Writedowns and Impairment crashed by 9616.9% in 2021, and later surged by 2661794.87% in 2022.
  • Over the past 5 years, Summit Hotel Properties' Asset Writedowns and Impairment (Quarter) stood at $836000.0 in 2019, then grew by 21.77% to $1.0 million in 2020, then plummeted by 96.17% to $39000.0 in 2021, then soared by 26617.95% to $10.4 million in 2022, then plummeted by 97.6% to $250000.0 in 2023.
  • Its Asset Writedowns and Impairment stands at $250000.0 for Q2 2023, versus $10.4 million for Q4 2022 and -$250000.0 for Q2 2022.