UMH Properties (UMH Properties) Debt-to-Equity : 0.98 (As of Dec. 2023)

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What is UMH Properties Debt-to-Equity?

UMH Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. UMH Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $690.0 Mil. UMH Properties's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $704.7 Mil. UMH Properties's debt to equity for the quarter that ended in Dec. 2023 was 0.98.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

UMH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.67 Med: 1.07 Max: 1.39
Current: 0.98

During the past 13 years, the highest Debt-to-Equity Ratio of UMH Properties was 1.39. The lowest was 0.67. And the median was 1.07.

UMH's Debt-to-Equity is ranked worse than
65.82% of 673 companies
in the REITs industry
Industry Median: 0.78 vs UMH: 0.98

UMH Properties Debt-to-Equity Historical Data

The historical data trend for UMH Properties's Debt-to-Equity 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.

* Premium members only.

UMH Properties Debt-to-Equity Chart

UMH Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.84

1.11

0.67

1.39

0.98

UMH Properties Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.39	1.28	1.14	1.02	0.98

Competitive Comparison of UMH Properties's Debt-to-Equity

For the REIT - Residential subindustry, UMH Properties's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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's Debt-to-Equity Distribution in the REITs Industry

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

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

UMH Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	690.017)	/	704.72
	=	0.98

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	690.017)	/	704.72
	=	0.98

UMH Properties (NYSE:UMH) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

UMH Properties Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of UMH Properties's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

UMH Properties (UMH Properties) Business Description

Industry

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

Comparable Companies

AIV ELME CSR VRE NXRT BRT FREVS CLPR BHM IRT AVB EQR INVH SUI ESS MAA AMH UDR ELS CPT

Traded in Other Exchanges

UMHpD.PFD: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.

Executives

Quigley Kenneth K Jr	director
Jeffrey A Carus	director	3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Kiernan Conway	director	3499 RT. 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Samuel A Landy	director, officer: President	3499 ROUTE 9 NORTH, STE 3C, FREEDHOLD NJ 07728
Daniel O. Landy	other: EVP and President of OZ Fund	3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Matthew I Hirsch	director	3499 ROUTE 9 NORTH, STE 3C, FREEDHOLD NJ 07728
Brett Taft	officer: EVP and COO	3499 ROUTE 9 , SUITE 3C, FREEHOLD NJ 07728
Craig Koster	officer: EVP and General Counsel	3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Amy Lynn Butewicz	director	3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Stuart Levy	director	3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Angela D. Pruitt	director	3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
William Edward Mitchell	director	3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Steven B Wolgin	director
Michael P Landy	officer: Vice President - Investments	3499 ROUTE 9 N STE 3-C, FREEHOLD NJ 07728
Eugene W Landy	director, 10 percent owner, officer: Chairman of the Board	3499 ROUTE 9 NORTH SUITE 3C, FREEHOLD NJ 07728