Summit Hotel Properties (INN) Asset Writedowns and Impairment (2018 - 2026)
Summit Hotel Properties (INN) has disclosed Asset Writedowns and Impairment for 9 consecutive years, with $3.6 million as the latest value for Q1 2026.
- For Q1 2026, Asset Writedowns and Impairment changed N/A year-over-year to $3.6 million; the TTM value through Mar 2026 reached $25.4 million, up 16.76%, while the annual FY2025 figure was $1.8 million, 72.74% down from the prior year.
- Asset Writedowns and Impairment hit $3.6 million in Q1 2026 for Summit Hotel Properties, down from $11.3 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $11.3 million in Q4 2023 and bottomed at $3.6 million in Q1 2026.
- Average Asset Writedowns and Impairment over 3 years is $8.5 million, with a median of $10.4 million recorded in 2022.
- On a YoY basis, Asset Writedowns and Impairment climbed as much as 8.45% in 2023 and fell as far as 8.45% in 2023.
- Summit Hotel Properties' Asset Writedowns and Impairment stood at $10.4 million in 2022, then grew by 8.45% to $11.3 million in 2023, then crashed by 67.78% to $3.6 million in 2026.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods came in at $3.6 million, $11.3 million, and $10.4 million for Q1 2026, Q4 2023, and Q4 2022 respectively.