Mid-America Apartment Communities, Inc.

NYSE:MAA Stock Report

Market Cap: US$19.0b

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 ratio4.1x
CashUS$50.23m
EquityUS$6.13b
Total liabilitiesUS$5.62b
Total assetsUS$11.76b

Recent financial health updates

No updates

Recent updates

Mid-America Apartment: Elevated New Deliveries Make Me Cautious

Oct 08

Mid-America Apartment: Good News For 2026, But 2025 Likely Gets Rough

Sep 27

Mid-America Apartment: A Sunbelt Gem With Dividend Power And Growth Potential

Sep 19

Interest Rate-Driven Rally Leaves Mid-America Apartment Less Attractive (Rating Downgrade)

Sep 12

Mid-America Apartment: No Reason To Wait For Supply Demand Inflection Point, Buy Now

Aug 09

Mid-America Apartment Communities: Prospect Of Lower Rates Is Not Enough Of A Catalyst For Me (Rating Downgrade)

Jul 18

Mid-American Apartment Communities: The Upside Is Now Over 15% Annually

Jul 01

Mid-America Apartment Communities: Strong Dividend Growth Accompanied By Upside Potential

Jun 10

Mid-America Apartment Communities: Still A Buy Despite Short-Term Headwinds

May 06

Mid-America Apartment Communities: The True Inflation Story

Apr 18

Mid-America Apartment Communities: Sunbelt Superstar

Mar 28

Mid-America Apartments Q4: Attractive Even With 2024 Headwinds

Mar 01

Mid-America Apartment Communities: Great Quality At A Great Price

Jan 26

Mid-America Apartment Communities: I'm Buying The Correction (Rating Upgrade)

Dec 21

Mid-America Apartment Communities: The Preferred Shares Don't Make Much Sense

Nov 23

Mid-America Apartment Communities: A Sunbelt SWAN

Nov 05

Mid-America Apartment Communities: Advantages Being Ignored Amid Supply Glut

Oct 13

Mid-America Apartment Can Withstand Rental Market Slowing

Sep 25

Mid-America Apartment Communities: 4% Yielder Positioned For A Solid Performance

Sep 12

The Answer Is 7

Aug 30

Mid-America Apartment Communities: Sunbelt Multifamily Properties May Not Remain So Resilient

Aug 12

Mid-America Apartment Communities: Attractively Priced With A Fortress Balance Sheet

Aug 04

Mid-America Apartment Communities Could Be Pressured From A Weakening Economy (Rating Downgrade)

Jul 03

Why Mid-America Apartment Is A Superior REIT

Jun 06

Mid-America Apartment Communities: Market Level Returns With A Higher Dividend

May 31

Mid-America Apartment Communities Can Withstand Years Of High Interest Rates

Feb 24

Mid-America Apartment Communities: Be Selective With Entry Points Now

Feb 13

With EPS Growth And More, Mid-America Apartment Communities (NYSE:MAA) Makes An Interesting Case

Feb 12
With EPS Growth And More, Mid-America Apartment Communities (NYSE:MAA) Makes An Interesting Case

Mid-America Apartment: Sunbelt Compounder At A Discount

Jan 20

Mid-America Apartment: Sunny Outlook In The Sunbelt

Jan 09

Mid-America Apartment Communities: An Extraordinary Dividend Increase

Dec 30

Mid America Apartment Communities increases dividend by ~12%

Dec 13

Mid-America Apartment Communities: Buy, DRIP, And Profit

Dec 08

We Ran A Stock Scan For Earnings Growth And Mid-America Apartment Communities (NYSE:MAA) Passed With Ease

Oct 24
We Ran A Stock Scan For Earnings Growth And Mid-America Apartment Communities (NYSE:MAA) Passed With Ease

Mid-America Apartment Communities: Being The Landlord Helps Beat Inflation

Oct 14

Mid America Apartment Communities declares $1.25 dividend

Sep 27

Financial 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).


Balance Sheet


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