UMH Properties Balance Sheet Health
Financial Health criteria checks 4/6
UMH Properties has a total shareholder equity of $706.8M and total debt of $690.0M, which brings its debt-to-equity ratio to 97.6%. Its total assets and total liabilities are $1.4B and $720.8M respectively. UMH Properties's EBIT is $36.6M making its interest coverage ratio 1.5. It has cash and short-term investments of $57.3M.
Key information
97.6%
Debt to equity ratio
US$690.02m
Debt
Interest coverage ratio | 1.5x |
Cash | US$57.32m |
Equity | US$706.79m |
Total liabilities | US$720.78m |
Total assets | US$1.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WXE's short term assets ($178.4M) exceed its short term liabilities ($18.1M).
Long Term Liabilities: WXE's short term assets ($178.4M) do not cover its long term liabilities ($702.7M).
Debt to Equity History and Analysis
Debt Level: WXE's net debt to equity ratio (89.5%) is considered high.
Reducing Debt: WXE's debt to equity ratio has reduced from 103.4% to 97.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable WXE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WXE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.1% per year.