Growth Metrics

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

Summit Hotel Properties (INN) has 6 years of Asset Writedowns and Impairment data on record, last reported at $10.4 million in Q4 2022.

  • For Q4 2022, Asset Writedowns and Impairment rose 26617.95% year-over-year to $10.4 million; the TTM value through Dec 2022 reached $14.8 million, up 236.82%, while the annual FY2025 figure was $1.8 million, 72.74% down from the prior year.
  • Asset Writedowns and Impairment reached $10.4 million in Q4 2022 per INN's latest filing, up from $39000.0 in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $10.4 million in Q4 2022 and bottomed at $39000.0 in Q4 2021.
  • Average Asset Writedowns and Impairment over 4 years is $2.7 million, with a median of $1.0 million recorded in 2020.
  • Peak YoY movement for Asset Writedowns and Impairment: crashed 96.1% in 2021, then skyrocketed 26617.95% in 2022.
  • A 4-year view of Asset Writedowns and Impairment shows it stood at $836000.0 in 2019, then grew by 19.62% to $1.0 million in 2020, then plummeted by 96.1% to $39000.0 in 2021, then surged by 26617.95% to $10.4 million in 2022.
  • Per Business Quant database, its latest 3 readings for Asset Writedowns and Impairment were $10.4 million in Q4 2022, $39000.0 in Q4 2021, and $4.4 million in Q3 2021.