Urban Edge Properties Balance Sheet Health
Financial Health criteria checks 2/6
Urban Edge Properties has a total shareholder equity of $1.3B and total debt of $1.5B, which brings its debt-to-equity ratio to 113.2%. Its total assets and total liabilities are $3.2B and $1.9B respectively. Urban Edge Properties's EBIT is $95.9M making its interest coverage ratio 1.2. It has cash and short-term investments of $67.9M.
Key information
113.2%
Debt to equity ratio
US$1.52b
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$67.92m |
| Equity | US$1.34b |
| Total liabilities | US$1.87b |
| Total assets | US$3.21b |
Recent financial health updates
No updates
Recent updates
Urban Edge Properties: Improving Quality But High Valuation
Nov 10Urban Edge Properties: A Small-Cap REIT Poised To Benefit From Lower Interest Rates
Oct 09Urban Edge Properties: An Undercovered REIT Gem That Should Be On Your Radar
Jun 30Urban Edge: Pick Up This Real Estate Gem While It's Undervalued
Jan 05Urban Edge: Large Tenants, Impressive Redevelopment Pipeline, And Cheap
Oct 09Urban Edge: Best To Wait For A Discount
Sep 18Urban Edge: Positive Catalysts Support Upside Potential Of Over 15% (Ratings Upgrade)
Jun 05Urban Edge: Unlikely To Edge Significantly Higher In 2023
Feb 23Urban Edge AFFO of $0.33 beats by $0.03, revenue of $101.59M beats by $3.84M
Feb 14Urban Edge Properties achieves record leasing activity for 2022; occupancy climbs
Jan 10Urban Edge goes ex-dividend tomorrow
Dec 13Urban Edge Properties: Reasonably Valued In The Current Environment
Nov 09Urban Edge appoints Jeffrey Mooallem as COO
Oct 19Urban Edge adds advertising exec to board, names Norman Jenkins lead trustee
Aug 25Urban Edge AFFO of $0.30 beats by $0.02, revenue of $97.85M beats by $1.94M
Aug 03Financial Position Analysis
Short Term Liabilities: UE's short term assets ($231.7M) exceed its short term liabilities ($119.2M).
Long Term Liabilities: UE's short term assets ($231.7M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: UE's net debt to equity ratio (108.1%) is considered high.
Reducing Debt: UE's debt to equity ratio has reduced from 149.4% to 113.2% over the past 5 years.
Debt Coverage: UE's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: UE's interest payments on its debt are not well covered by EBIT (1.2x coverage).