Urban Edge Properties Balance Sheet Health
Financial Health criteria checks 2/6
Urban Edge Properties has a total shareholder equity of $1.2B and total debt of $1.7B, which brings its debt-to-equity ratio to 141.7%. Its total assets and total liabilities are $3.3B and $2.1B respectively. Urban Edge Properties's EBIT is $114.8M making its interest coverage ratio 1.6. It has cash and short-term investments of $101.1M.
Key information
141.7%
Debt to equity ratio
US$1.73b
Debt
Interest coverage ratio | 1.6x |
Cash | US$101.12m |
Equity | US$1.22b |
Total liabilities | US$2.06b |
Total assets | US$3.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3UE's short term assets ($262.8M) exceed its short term liabilities ($190.9M).
Long Term Liabilities: 3UE's short term assets ($262.8M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: 3UE's net debt to equity ratio (133.4%) is considered high.
Reducing Debt: 3UE's debt to equity ratio has reduced from 154.1% to 141.7% over the past 5 years.
Debt Coverage: 3UE's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 3UE's interest payments on its debt are not well covered by EBIT (1.6x coverage).