This company has been acquired
Urstadt Biddle Properties Balance Sheet Health
Financial Health criteria checks 3/6
Urstadt Biddle Properties has a total shareholder equity of $620.9M and total debt of $337.7M, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are $986.6M and $365.7M respectively. Urstadt Biddle Properties's EBIT is $56.3M making its interest coverage ratio 4.1. It has cash and short-term investments of $24.1M.
Key information
54.4%
Debt to equity ratio
US$337.66m
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$24.13m |
| Equity | US$620.94m |
| Total liabilities | US$365.65m |
| Total assets | US$986.59m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: UBP's short term assets ($67.2M) exceed its short term liabilities ($5.7M).
Long Term Liabilities: UBP's short term assets ($67.2M) do not cover its long term liabilities ($360.0M).
Debt to Equity History and Analysis
Debt Level: UBP's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: UBP's debt to equity ratio has increased from 49.1% to 54.4% over the past 5 years.
Debt Coverage: UBP's debt is well covered by operating cash flow (23.6%).
Interest Coverage: UBP's interest payments on its debt are well covered by EBIT (4.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/08/20 04:56 |
| End of Day Share Price | 2023/08/17 00:00 |
| Earnings | 2023/04/30 |
| Annual Earnings | 2022/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Urstadt Biddle Properties Inc. is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Lucas | Baird |
| Paul Adornato | BMO Capital Markets Equity Research |
| Craig Kucera | B. Riley Securities, Inc. |