Mid-America Apartment Communities Balance Sheet Health
Financial Health criteria checks 2/6
Mid-America Apartment Communities has a total shareholder equity of $6.3B and total debt of $4.5B, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are $11.5B and $5.2B respectively. Mid-America Apartment Communities's EBIT is $688.9M making its interest coverage ratio 4.6. It has cash and short-term investments of $41.3M.
Key information
72.3%
Debt to equity ratio
US$4.54b
Debt
Interest coverage ratio | 4.6x |
Cash | US$41.31m |
Equity | US$6.28b |
Total liabilities | US$5.20b |
Total assets | US$11.48b |
Recent financial health updates
No updates
Recent updates
Mid-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 27Mid-America Apartment Communities: Have Orlando Renters Had Enough?
Aug 25Mid America Apartment Communities reports Q2 results
Jul 27Do Mid-America Apartment Communities' (NYSE:MAA) Earnings Warrant Your Attention?
Jul 22Mid-America Apartment Communities: One Of My Buys During This Sell-Off
Jun 14Mid-America Apartment Communities: Great Core Holding And Inflation Hedge, At The Right Price
Apr 29Do Mid-America Apartment Communities's (NYSE:MAA) Earnings Warrant Your Attention?
Apr 11Financial Position Analysis
Short Term Liabilities: MAA's short term assets ($87.0M) do not cover its short term liabilities ($1.5B).
Long Term Liabilities: MAA's short term assets ($87.0M) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: MAA's net debt to equity ratio (71.6%) is considered high.
Reducing Debt: MAA's debt to equity ratio has increased from 71.1% to 72.3% over the past 5 years.
Debt Coverage: MAA's debt is well covered by operating cash flow (25%).
Interest Coverage: MAA's interest payments on its debt are well covered by EBIT (4.6x coverage).