Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Elme Communities's interest expense for the
three
months ended in Mar. 2026 was $ 0.0 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-28.6 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Elme Communities's Operating Income for the
three
months ended in Mar. 2026 was $ 0.0 Mil. Elme Communities's Interest Expense for the
three
months ended in Mar. 2026 was $ 0.0 Mil.
Elme Communities has no long-term debt (1).
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
Elme Communities's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as
Elme Communities had no long-term debt (1).
* 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.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Elme Communitiess earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
Elme Communities Interest Expense Historical Data
* Premium members only.
The historical data trend for Elme Communities's Interest Expense 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.
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-28.6 Mil.
* 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.
Elme Communities (ELME) has a Interest Expense of $-28.6 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Elme Communities and its competitors.
Is Elme Communities' Interest Expense too high?
Elme Communities' current Interest Expense is $-28.6 Mil. Overall, Elme Communities has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elme Communities' Interest Expense compare to FREVS and MRTI?
Elme Communities' Interest Expense of $-28.6 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a REITs company?
A good Interest Expense depends on the REITs industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Elme Communities and its competitors. Elme Communities's current Interest Expense is $-28.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elme Communities stock overvalued right now?
Based on GuruFocus' analysis, Elme Communities (ELME) is currently considered Possible Value Trap. The stock's GF Value™ is $8.33, compared to a current price of $1.59 — trading 80.9% below its estimated fair value. The current Interest Expense is $-28.6 Mil. Elme Communities' overall GF Score™ is 36/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Elme Communities (ELME), the current Interest Expense is $-28.6 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Elme Communities (ELME) Overvalued in 2026?
Based on GuruFocus' analysis, Elme Communities stock appears to be undervalued.
The current stock price of $1.59 is trading 80.9% below its estimated GF Value™ of $8.33.
GuruFocus considers Elme Communities to be Possible Value Trap.
Key valuation signals for ELME:
Interest Expense: $-28.6 Mil
GF Value™: $8.33 vs. price of $1.59 (80.9% below fair value)
No single metric tells the full story. See the ELME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elme Communities is a real estate investment trust engaged in owning and operating properties in the greater Washington DC metropolitan area. The company's real estate portfolio is comprised of office, retail, and multifamily properties located near transportation nodes. It derives nearly all of its income in the form of rental revenue from tenants organized into long-term leases. The company's office assets contribute the majority of this income, while the rest is split fairly evenly between its retail and multifamily locations. Elme Communities' tenants are banking, consulting, law, and financial services firms. The company operates in a single reportable segment which includes the ownership, development, redevelopment and acquisition of apartment communities.
36GF Score
Get the complete analysis for ELME
Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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