Elme Communities

Elme Communitiesverified

ELME

Price:

$14.975

Market Cap:

$1.32B

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 December 2024 (TTM) for Elme Communities (ELME) is 0.09

According to Elme Communities’s latest financial reports and current stock price. The company's current Current Ratio is 0.09. This represents a change of -11.24% compared to the average of 0.10 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 1.36. The current 0.09 Current Ratio has changed 549.86% 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 September 2024 quarter at 0.09.

Quarterly (TTM)
Annual

Average

1.36

Median

1.06

Minimum

0.23

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 = 0.23

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.23-7.94%
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

1.81

5-year avg

1.58

10-year avg

1.36

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. (1.94), less than Centerspace (4.65), greater than Veris Residential, Inc. (0.05), greater than Apartment Income REIT Corp. (0.09), less than Clipper Realty Inc. (0.20), less than Equity LifeStyle Properties, Inc. (2.43), less than Sun Communities, Inc. (0.14), less than UDR, Inc. (0.37), less than UMH Properties, Inc. (0.42), less than American Homes 4 Rent (12.07), less than null (0.75),

Build a custom stock screener for Elme Communities (ELME) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Elme Communities using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Elme Communities (ELME) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Elme Communities or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Elme Communities's Current Ratio?

How is the Current Ratio calculated for Elme Communities (ELME)?

What is the highest Current Ratio for Elme Communities (ELME)?

What is the 3-year average Current Ratio for Elme Communities (ELME)?

What is the 5-year average Current Ratio for Elme Communities (ELME)?

How does the current Current Ratio for Elme Communities (ELME) compare to its historical average?