Mid-America Apartment Communities Balance Sheet Health
Financial Health criteria checks 2/6
Mid-America Apartment Communities has a total shareholder equity of $6.1B and total debt of $4.9B, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are $11.8B and $5.6B respectively. Mid-America Apartment Communities's EBIT is $671.2M making its interest coverage ratio 4.1. It has cash and short-term investments of $50.2M.
Key information
79.5%
Debt to equity ratio
US$4.88b
Debt
Interest coverage ratio | 4.1x |
Cash | US$50.23m |
Equity | US$6.13b |
Total liabilities | US$5.62b |
Total assets | US$11.76b |
Recent financial health updates
No updates
Recent updates
Mid-America Apartment: Elevated New Deliveries Make Me Cautious
Oct 08Mid-America Apartment: Good News For 2026, But 2025 Likely Gets Rough
Sep 27Mid-America Apartment: A Sunbelt Gem With Dividend Power And Growth Potential
Sep 19Interest Rate-Driven Rally Leaves Mid-America Apartment Less Attractive (Rating Downgrade)
Sep 12Mid-America Apartment: No Reason To Wait For Supply Demand Inflection Point, Buy Now
Aug 09Mid-America Apartment Communities: Prospect Of Lower Rates Is Not Enough Of A Catalyst For Me (Rating Downgrade)
Jul 18Mid-American Apartment Communities: The Upside Is Now Over 15% Annually
Jul 01Mid-America Apartment Communities: Strong Dividend Growth Accompanied By Upside Potential
Jun 10Mid-America Apartment Communities: Still A Buy Despite Short-Term Headwinds
May 06Mid-America Apartment Communities: The True Inflation Story
Apr 18Mid-America Apartment Communities: Sunbelt Superstar
Mar 28Mid-America Apartments Q4: Attractive Even With 2024 Headwinds
Mar 01Mid-America Apartment Communities: Great Quality At A Great Price
Jan 26Mid-America Apartment Communities: I'm Buying The Correction (Rating Upgrade)
Dec 21Mid-America Apartment Communities: The Preferred Shares Don't Make Much Sense
Nov 23Mid-America Apartment Communities: A Sunbelt SWAN
Nov 05Mid-America Apartment Communities: Advantages Being Ignored Amid Supply Glut
Oct 13Mid-America Apartment Can Withstand Rental Market Slowing
Sep 25Mid-America Apartment Communities: 4% Yielder Positioned For A Solid Performance
Sep 12The Answer Is 7
Aug 30Mid-America Apartment Communities: Sunbelt Multifamily Properties May Not Remain So Resilient
Aug 12Mid-America Apartment Communities: Attractively Priced With A Fortress Balance Sheet
Aug 04Mid-America Apartment Communities Could Be Pressured From A Weakening Economy (Rating Downgrade)
Jul 03Why Mid-America Apartment Is A Superior REIT
Jun 06Mid-America Apartment Communities: Market Level Returns With A Higher Dividend
May 31Mid-America Apartment Communities Can Withstand Years Of High Interest Rates
Feb 24Mid-America Apartment Communities: Be Selective With Entry Points Now
Feb 13With EPS Growth And More, Mid-America Apartment Communities (NYSE:MAA) Makes An Interesting Case
Feb 12Mid-America Apartment: Sunbelt Compounder At A Discount
Jan 20Mid-America Apartment: Sunny Outlook In The Sunbelt
Jan 09Mid-America Apartment Communities: An Extraordinary Dividend Increase
Dec 30Mid America Apartment Communities increases dividend by ~12%
Dec 13Mid-America Apartment Communities: Buy, DRIP, And Profit
Dec 08We Ran A Stock Scan For Earnings Growth And Mid-America Apartment Communities (NYSE:MAA) Passed With Ease
Oct 24Mid-America Apartment Communities: Being The Landlord Helps Beat Inflation
Oct 14Mid America Apartment Communities declares $1.25 dividend
Sep 27Financial Position Analysis
Short Term Liabilities: MAA's short term assets ($96.9M) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: MAA's short term assets ($96.9M) do not cover its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: MAA's net debt to equity ratio (78.7%) is considered high.
Reducing Debt: MAA's debt to equity ratio has increased from 71.9% to 79.5% over the past 5 years.
Debt Coverage: MAA's debt is well covered by operating cash flow (23.1%).
Interest Coverage: MAA's interest payments on its debt are well covered by EBIT (4.1x coverage).