UMH Properties Balance Sheet Health
Financial Health criteria checks 4/6
UMH Properties has a total shareholder equity of $706.8M and total debt of $690.0M, which brings its debt-to-equity ratio to 97.6%. Its total assets and total liabilities are $1.4B and $720.8M respectively. UMH Properties's EBIT is $36.6M making its interest coverage ratio 1.5. It has cash and short-term investments of $57.3M.
Key information
97.6%
Debt to equity ratio
US$690.02m
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$57.32m |
| Equity | US$706.79m |
| Total liabilities | US$720.78m |
| Total assets | US$1.43b |
Recent financial health updates
No updates
Recent updates
UMH 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 ($178.4M) exceed its short term liabilities ($18.1M).
Long Term Liabilities: UMH's short term assets ($178.4M) do not cover its long term liabilities ($702.7M).
Debt to Equity History and Analysis
Debt Level: UMH's net debt to equity ratio (89.5%) is considered high.
Reducing Debt: UMH's debt to equity ratio has reduced from 103.4% to 97.6% 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 5.1% per year.