UMH Properties (XTAE:UMH) Debt-to-Asset : 0.48 (As of Dec. 2023)

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What is UMH Properties Debt-to-Asset?

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 ₪2,625.1 Mil. UMH Properties's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was ₪5,431.1 Mil. UMH Properties's debt to asset for the quarter that ended in Dec. 2023 was 0.48.

UMH Properties Debt-to-Asset Historical Data

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

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UMH Properties Debt-to-Asset Chart

UMH Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.45

0.51

0.39

0.57

0.48

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-Asset	Get a 7-Day Free Trial															0.57	0.55	0.52	0.49	0.48

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

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

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

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

UMH Properties Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

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

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	2625.098)	/	5431.068
	=	0.48

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

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	2625.098)	/	5431.068
	=	0.48

UMH Properties (XTAE:UMH) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

UMH Properties Debt-to-Asset Related Terms

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UMH Properties (XTAE:UMH) Business Description

Industry

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

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:USA

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.