Elme Communities

Elme Communitiesverified

ELME

Price:

$18.275

Market Cap:

$1.61B

Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company's portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation's most competitive real estate markets.[Read more]

Industry

REIT - Office

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

ELME

The Current Ratio as of September 2024 (TTM) for Elme Communities (ELME) is 0.10

According to Elme Communities’s latest financial reports and current stock price. The company's current Current Ratio is 0.10. This represents a change of -11.50% compared to the average of 0.11 of the last 4 quarters.

Elme Communities (ELME) Historical Current Ratio (quarterly & annually)

How has ELME Current Ratio performed in the past?

The mean historical Current Ratio of Elme Communities over the last ten years is 1.35. The current 0.10 Current Ratio has changed 608.38% with respect to the historical average. Over the past ten years (40 quarters), ELME's Current Ratio was at its highest in in the September 2021 quarter at 6.47. The Current Ratio was at its lowest in in the March 2024 quarter at 0.09.

Quarterly (TTM)
Annual

Average

1.35

Median

1.06

Minimum

0.12

Maximum

4.94

Elme Communities (ELME) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Elme Communities Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 378.75%

Maximum Annual Current Ratio = 4.94

Minimum Annual Increase = -94.99%

Minimum Annual Current Ratio = 0.12

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.12-51.26%
20220.25-94.99%
20214.94378.75%
20201.03-29.97%
20191.4795.25%
20180.75-30.13%
20171.0817.16%
20160.92-19.39%
20151.14-35.44%
20141.77-68.64%

Elme Communities (ELME) Average Current Ratio

How has ELME Current Ratio performed in the past?

The current Current Ratio of Elme Communities (ELME) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.77

5-year avg

1.56

10-year avg

1.35

Elme Communities (ELME) Current Ratio vs. Peers

How is ELME’s Current Ratio compared to its peers?

Elme Communities’s Current Ratio is less than BRT Apartments Corp. (0), less than NexPoint Residential Trust, Inc. (0.90), less than Centerspace (2.50), less than Veris Residential, Inc. (0.15), less than Apartment Income REIT Corp. (0.36), less than Clipper Realty Inc. (0.20), less than Equity LifeStyle Properties, Inc. (2.47), less than Sun Communities, Inc. (0.13), less than UDR, Inc. (0.29), less than UMH Properties, Inc. (0.33), less than American Homes 4 Rent (10.04), less than null (2.07),

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