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 ratio | 1.5x |
Cash | US$67.30m |
Equity | US$1.22b |
Total liabilities | US$1.99b |
Total assets | US$3.21b |
Recent financial health updates
No updates
Recent updates
Urban 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 03Urban Edge Properties: A Lot Has Changed, But The Picture Remains The Same
Aug 10Rainbows and Unicorns: Urban Edge Properties (NYSE:UE) Analysts Just Became A Lot More Optimistic
May 06Urban Edge declares $0.15 dividend
May 05Urban Edge FFO beats by $0.04, beats on revenue
May 03Don't Ignore The Fact That This Insider Just Sold Some Shares In Urban Edge Properties (NYSE:UE)
Mar 12Financial 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).