Elme Communities
Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. The Company is a multifamily real estate investment trust that owns and operates approximately 9,400 apartment homes in the Washington, DC metro and the Atlanta metro regions, and owns approximately 300,000 square feet of commercial space.
Elme Communities - Asset Resilience Ratio
Elme Communities (ELME) has an Asset Resilience Ratio of 0.03% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1989–2023)
This chart shows how Elme Communities's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Elme Communities's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $521.00K | 0.03% |
| Total Liquid Assets | $521.00K | 0.03% |
Asset Resilience Insights
- Limited Liquidity: Elme Communities maintains only 0.03% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Elme Communities Industry Peers by Asset Resilience Ratio
Compare Elme Communities's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Igis Residence Reit Co Ltd
KO:350520 |
REIT - Residential | 3.38% |
|
Kwang Hee Self-Administered Real Estate
KO:140910 |
REIT - Residential | 21.90% |
|
Apartment Investment and Management Co
NYSE:AIV |
REIT - Residential | 19.47% |
|
Alliance Developpement Capital SIIC SE
PA:ALDV |
REIT - Residential | 2.10% |
|
American Homes 4 Rent
NYSE:AMH |
REIT - Residential | 0.34% |
|
BSR Real Estate Investment Trust
PINK:BSRTF |
REIT - Residential | 0.25% |
|
Altarea SCA
PINK:ATRRF |
REIT - Residential | 0.30% |
|
AvalonBay Communities Inc
NYSE:AVB |
REIT - Residential | 0.56% |
Annual Asset Resilience Ratio for Elme Communities (1989–2023)
The table below shows the annual Asset Resilience Ratio data for Elme Communities.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.06% | $1.23 Million | $1.90 Billion | -0.04pp |
| 2022-12-31 | 0.11% | $2.00 Million | $1.87 Billion | -0.10pp |
| 2019-12-31 | 0.21% | $5.55 Million | $2.63 Billion | -0.23pp |
| 2018-12-31 | 0.44% | $10.64 Million | $2.42 Billion | +0.04pp |
| 2017-12-31 | 0.40% | $9.42 Million | $2.36 Billion | +0.06pp |
| 2016-12-31 | 0.34% | $7.61 Million | $2.25 Billion | -0.46pp |
| 1994-12-31 | 0.80% | $1.43 Million | $178.81 Million | -9.26pp |
| 1993-12-31 | 10.06% | $16.30 Million | $162.00 Million | -18.91pp |
| 1992-12-31 | 28.97% | $53.80 Million | $185.70 Million | +16.17pp |
| 1990-12-31 | 12.80% | $13.70 Million | $107.00 Million | -7.01pp |
| 1989-12-31 | 19.81% | $21.10 Million | $106.50 Million | -- |