UMH Properties Balance Sheet Health
Financial Health criteria checks 4/6
UMH Properties has a total shareholder equity of $717.2M and total debt of $671.6M, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are $1.4B and $699.3M respectively. UMH Properties's EBIT is $38.7M making its interest coverage ratio 1.6. It has cash and short-term investments of $39.9M.
Key information
93.6%
Debt to equity ratio
US$671.58m
Debt
Interest coverage ratio | 1.6x |
Cash | US$39.87m |
Equity | US$717.16m |
Total liabilities | US$699.28m |
Total assets | US$1.42b |
Recent financial health updates
No updates
Recent updates
UMH 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 11UMH Properties' True Earnings Are Higher Than What The Market Is Seeing
Jul 27UMH Properties declares $0.20 dividend
Jul 01UMH Properties: Then And Now
Jun 23Financial Position Analysis
Short Term Liabilities: UMH's short term assets ($163.2M) exceed its short term liabilities ($14.9M).
Long Term Liabilities: UMH's short term assets ($163.2M) do not cover its long term liabilities ($684.3M).
Debt to Equity History and Analysis
Debt Level: UMH's net debt to equity ratio (88.1%) is considered high.
Reducing Debt: UMH's debt to equity ratio has reduced from 102.2% to 93.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable UMH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: UMH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 9.9% per year.