UMH Properties (UMH Properties) Cash-to-Debt

: 0.13 (As of Dec. 2023)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. UMH Properties's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.13.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, UMH Properties couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for UMH Properties's Cash-to-Debt or its related term are showing as below:

UMHpC.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.26 Max: 0.46
Current: 0.13

During the past 13 years, UMH Properties's highest Cash to Debt Ratio was 0.46. The lowest was 0.09. And the median was 0.26.

UMHpC.PFD's Cash-to-Debt is ranked better than
60.95% of 804 companies
in the REITs industry
Industry Median: 0.09 vs UMHpC.PFD: 0.13

UMH Properties Cash-to-Debt Historical Data

The historical data trend for UMH Properties's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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UMH Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.28

0.21

0.46

0.09

0.13

UMH Properties Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.09	0.10	0.11	0.10	0.13

Competitive Comparison

For the REIT - Residential subindustry, UMH Properties's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

UMH Properties Cash-to-Debt Distribution

For the REITs industry and Real Estate sector, UMH Properties's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where UMH Properties's Cash-to-Debt falls into.

UMH Properties Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

UMH Properties's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	91.826	/	(0	+	690.017)
	=	0.13

UMH Properties's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	91.826	/	(0	+	690.017)
	=	0.13

UMH Properties (NYSE:UMHpC.PFD) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

UMH Properties Cash-to-Debt Related Terms

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UMH Properties (UMH Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » UMH Properties Inc (NYSE:UMHpC.PFD) » Definitions » Cash-to-Debt

Comparable Companies

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Traded in Other Exchanges

UMHpD.PFD:USA UMH:USA UMH:Israel

Address

3499 Route 9, Suite 3C, Freehold, NJ, USA, 07728

Website

https://www.umh.reit

UMH Properties Inc together with its subsidiaries is a real estate investment trust. It is engaged in the business of ownership and operation of manufactured home communities - leasing manufactured homesites to private manufactured home owners. It also leases homes to residents. The company also owns the land, utility connections, streets, lighting, driveways, common area amenities, and other capital improvements. It earns income from leasing, brokerage, and appreciation. It is located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, and Maryland.