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. Read Elme Communities (ELME) financial obligations for a breakdown of total debt and financial obligations.
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. See shareholders equity of Elme Communities for net asset value and shareholders' equity analysis.
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. For market capitalisation and broader financial context, see Elme Communities market capitalisation.
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 |
|---|---|---|
|
UDR Inc
NYSE:UDR |
REIT - Residential | 0.01% |
|
Ingenia Communities Group
AU:INA |
REIT - Residential | 0.51% |
|
Domo Activos Socimi SA
MC:DOMO |
REIT - Residential | 4.89% |
|
US Masters Residential Property Fund
AU:URF |
REIT - Residential | 0.12% |
|
Killam Apartment Real Estate Investment Trust
TO:KMP-UN |
REIT - Residential | -0.01% |
|
Xior Student Housing NV
BR:XIOR |
REIT - Residential | 0.58% |
|
Home Invest Belgium - Sifi
BR:HOMI |
REIT - Residential | 0.02% |
|
Canadian Apartment Properties Real Estate Investment Trust
TO:CAR-UN |
REIT - Residential | 0.06% |
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 | -- |
About 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.