UMH Properties Balance Sheet Health
Financial Health criteria checks 2/6
UMH Properties has a total shareholder equity of $858.4M and total debt of $614.9M, which brings its debt-to-equity ratio to 71.6%. Its total assets and total liabilities are $1.5B and $643.1M respectively. UMH Properties's EBIT is $43.5M making its interest coverage ratio 2. It has cash and short-term investments of $66.7M.
Key information
71.6%
Debt to equity ratio
US$614.94m
Debt
| Interest coverage ratio | 2x |
| Cash | US$66.70m |
| Equity | US$858.39m |
| Total liabilities | US$643.15m |
| Total assets | US$1.50b |
Recent financial health updates
No updates
Recent updates
UMH Properties: The 6.9% Yielding Preferred Shares Enjoy Good Coverage
Nov 27UMH Properties: Riding Long-Term Housing Demand, 7% Preferred Yield
Jun 02UMH Properties: A Housing Play With Promise
May 14UMH Properties: Appears Expensive But Worth Paying Up For FFO Growth
Apr 02UMH Properties: Growth With A Margin Of Safety
Jan 02UMH Properties Has The Potential To Become A High-Quality REIT
Sep 08UMH Properties: Good Days Ahead, But Watch Red Flags
Jun 22UMH Properties acquires manufactured home community in Georgia for $3.65M
Jan 19UMH Properties raises quarterly dividend by 2.5% to $0.205/share
Jan 11UMH Properties Is Cheap Enough After 40% Drop
Jan 03UMH Properties acquires newly developed community in Florida
Dec 27UMH Properties: Improving The Renter's Lot In Appalachia
Oct 24UMH Properties reports minimal damage from hurricane Ian
Oct 10UMH Properties declares $0.20 dividend
Oct 03UMH Properties completes adding 2 tranches to Fannie Mae credit facility
Sep 26UMH Properties acquires South Carolina community for $5.2M
Aug 11Financial Position Analysis
Short Term Liabilities: UMH's short term assets ($200.5M) exceed its short term liabilities ($15.3M).
Long Term Liabilities: UMH's short term assets ($200.5M) do not cover its long term liabilities ($627.9M).
Debt to Equity History and Analysis
Debt Level: UMH's net debt to equity ratio (63.9%) is considered high.
Reducing Debt: UMH's debt to equity ratio has reduced from 84.2% to 71.6% over the past 5 years.
Debt Coverage: UMH's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: UMH's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:37 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
UMH Properties, Inc. is covered by 22 analysts. 5 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 |
|---|---|
| Gaurav Mehta | Alliance Global Partners |
| Paula Poskon | Baird |
| Keegan Carl | Berenberg |