Urban Edge Properties Balance Sheet Health
Financial Health criteria checks 2/6
Urban Edge Properties has a total shareholder equity of $1.3B and total debt of $1.5B, which brings its debt-to-equity ratio to 113.2%. Its total assets and total liabilities are $3.2B and $1.9B respectively. Urban Edge Properties's EBIT is $95.9M making its interest coverage ratio 1.2. It has cash and short-term investments of $67.9M.
Key information
113.2%
Debt to equity ratio
US$1.52b
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$67.92m |
| Equity | US$1.34b |
| Total liabilities | US$1.87b |
| Total assets | US$3.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3UE's short term assets ($231.7M) exceed its short term liabilities ($119.2M).
Long Term Liabilities: 3UE's short term assets ($231.7M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: 3UE's net debt to equity ratio (108.1%) is considered high.
Reducing Debt: 3UE's debt to equity ratio has reduced from 149.4% to 113.2% over the past 5 years.
Debt Coverage: 3UE's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: 3UE's interest payments on its debt are not well covered by EBIT (1.2x coverage).