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 137.3%. Its total assets and total liabilities are $3.2B and $2.0B respectively. Urban Edge Properties's EBIT is $107.1M making its interest coverage ratio 1.5. It has cash and short-term investments of $67.3M.

Key information

137.3%

Debt to equity ratio

US$1.68b

Debt

Interest coverage ratio1.5x
CashUS$67.30m
EquityUS$1.22b
Total liabilitiesUS$1.99b
Total assetsUS$3.21b

Recent financial health updates

No updates

Recent updates

Urban Edge: Pick Up This Real Estate Gem While It's Undervalued

Jan 05

Urban Edge: Large Tenants, Impressive Redevelopment Pipeline, And Cheap

Oct 09

Urban Edge: Best To Wait For A Discount

Sep 18

Urban Edge: Positive Catalysts Support Upside Potential Of Over 15% (Ratings Upgrade)

Jun 05

Urban Edge: Unlikely To Edge Significantly Higher In 2023

Feb 23

Urban Edge AFFO of $0.33 beats by $0.03, revenue of $101.59M beats by $3.84M

Feb 14

Urban Edge Properties achieves record leasing activity for 2022; occupancy climbs

Jan 10

Urban Edge goes ex-dividend tomorrow

Dec 13

Urban Edge Properties: Reasonably Valued In The Current Environment

Nov 09

Urban Edge appoints Jeffrey Mooallem as COO

Oct 19

Urban Edge adds advertising exec to board, names Norman Jenkins lead trustee

Aug 25

Urban Edge AFFO of $0.30 beats by $0.02, revenue of $97.85M beats by $1.94M

Aug 03

Urban Edge Properties: A Lot Has Changed, But The Picture Remains The Same

Aug 10

Rainbows and Unicorns: Urban Edge Properties (NYSE:UE) Analysts Just Became A Lot More Optimistic

May 06
Rainbows and Unicorns: Urban Edge Properties (NYSE:UE) Analysts Just Became A Lot More Optimistic

Urban Edge declares $0.15 dividend

May 05

Urban Edge FFO beats by $0.04, beats on revenue

May 03

Don't Ignore The Fact That This Insider Just Sold Some Shares In Urban Edge Properties (NYSE:UE)

Mar 12
Don't Ignore The Fact That This Insider Just Sold Some Shares In Urban Edge Properties (NYSE:UE)

Financial Position Analysis

Short Term Liabilities: UE's short term assets ($171.5M) exceed its short term liabilities ($97.4M).

Long Term Liabilities: UE's short term assets ($171.5M) do not cover its long term liabilities ($1.9B).


Debt to Equity History and Analysis

Debt Level: UE's net debt to equity ratio (131.8%) is considered high.

Reducing Debt: UE's debt to equity ratio has reduced from 154% to 137.3% over the past 5 years.

Debt Coverage: UE's debt is not well covered by operating cash flow (9.7%).

Interest Coverage: UE's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


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