Elme Communities (ELME) Financials

$15.92 -0.28 (-1.70%)

Closing price 03:59 PM Eastern

Extended Trading

$15.90 -0.02 (-0.13%)

As of 04:20 PM Eastern

Annual Income Statements for Elme Communities

This table shows Elme Communities' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	112	90	119	20	26	329	-16	16	-31	-53	-13
Consolidated Net Income / (Loss)	112	89	119	20	26	384	-16	16	-31	-53	-13
Net Income / (Loss) Continuing Operations	5.07	89	119	-3.57	1.15	-4.25	-40	-53	-31	-53	-13
Total Pre-Tax Income	5.19	89	119	-3.65	1.15	-5.02	-40	-53	-31	-53	-13
Total Operating Income	64	148	172	43	53	49	-2.42	-4.59	-1.72	-23	23
Total Gross Profit	289	306	198	175	186	177	176	169	209	228	242
Total Revenue	289	306	313	280	292	177	176	169	209	228	242
Operating Revenue	289	306	313	280	292	177	176	169	209	228	242
Total Cost of Revenue	0.00	0.00	115	105	106	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	224	158	27	132	133	127	178	174	211	251	218
Selling, General & Admin Expense	20	20	20	23	22	26	24	28	28	26	25
Depreciation Expense	96	109	108	101	112	83	70	73	92	89	96
Other Operating Expenses / (Income)	104	112	-	0.00	0.00	69	84	74	91	94	98
Impairment Charge	0.00	5.91	-0.68	33	1.89	8.37	-	0.00	0.00	42	0.00
Total Other Income / (Expense), net	-59	-59	-53	-46	-52	-54	-38	-49	-29	-30	-37
Interest Expense	60	60	53	47	52	54	37	47	30	30	38
Other Income / (Expense), net	0.83	0.71	0.30	0.51	0.00	0.00	-0.56	-1.76	0.71	0.57	1.41
Basic Earnings per Share	$1.67	$1.31	$1.65	$0.25	$0.32	$4.75	($0.20)	$0.19	($0.36)	($0.61)	($0.15)
Weighted Average Basic Shares Outstanding	66.80M	68.18M	72.16M	76.82M	78.96M	80.26M	82.35M	84.54M	87.39M	87.74M	87.92M
Diluted Earnings per Share	$1.67	$1.31	$1.65	$0.25	$0.32	$4.75	($0.20)	$0.19	($0.36)	($0.61)	($0.15)
Weighted Average Diluted Shares Outstanding	66.84M	68.31M	72.34M	76.82M	79.04M	80.26M	82.35M	84.54M	87.39M	87.74M	87.92M
Weighted Average Basic & Diluted Shares Outstanding	68.13M	68.19M	74.71M	78.50M	79.93M	82.12M	84.56M	87.42M	87.70M	87.87M	88.03M
Cash Dividends to Common per Share	$1.20	$1.20	$1.20	$1.20	$1.20	$1.20	$1.20	$0.94	$0.68	$0.72	$0.72

This table shows Elme Communities' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-11	-3.53	-3.64	-2.61	-44	-3.11	-3.65	-3.47	-2.97	-3.02
Consolidated Net Income / (Loss)	-11	-3.53	-3.64	-2.61	-44	-3.11	-3.65	-3.47	-2.97	-3.02
Net Income / (Loss) Continuing Operations	-11	-3.53	-3.64	-2.61	-44	-3.11	-3.65	-3.47	-2.97	-3.02
Total Pre-Tax Income	-11	-3.53	-3.64	-2.61	-44	-3.11	-3.65	-3.47	-2.97	-3.02
Total Operating Income	0.69	2.76	3.24	3.61	-36	6.28	4.44	5.91	6.73	6.39
Total Gross Profit	55	56	56	50	57	66	60	52	61	69
Total Revenue	55	56	56	57	57	59	60	60	61	61
Operating Revenue	55	56	56	57	57	59	60	60	61	61
Total Cost of Revenue	0.00	-	0.00	6.93	0.00	-6.93	0.00	7.99	0.00	-7.99
Total Operating Expenses	54	53	53	46	93	60	55	46	54	63
Selling, General & Admin Expense	6.40	7.26	6.84	6.68	6.37	6.00	6.20	6.14	6.35	6.28
Depreciation Expense	24	22	22	21	22	24	25	24	23	24
Other Operating Expenses / (Income)	24	24	24	18	23	29	24	16	24	33
Total Other Income / (Expense), net	-11	-6.29	-6.89	-6.23	-7.42	-9.39	-8.08	-9.38	-9.70	-9.40
Interest Expense	11	6.55	6.89	6.79	7.42	9.39	9.49	9.38	9.70	9.40
Basic Earnings per Share	($0.12)	($0.05)	($0.04)	($0.03)	($0.50)	($0.04)	($0.04)	($0.04)	($0.03)	($0.04)
Weighted Average Basic Shares Outstanding	87.45M	87.39M	87.65M	87.74M	87.76M	87.74M	87.89M	87.91M	87.93M	87.92M
Diluted Earnings per Share	($0.12)	($0.05)	($0.04)	($0.03)	($0.50)	($0.04)	($0.04)	($0.04)	($0.03)	($0.04)
Weighted Average Diluted Shares Outstanding	87.45M	87.39M	87.65M	87.74M	87.76M	87.74M	87.89M	87.91M	87.93M	87.92M
Weighted Average Basic & Diluted Shares Outstanding	87.52M	87.70M	87.72M	87.82M	87.83M	87.87M	88.00M	88.01M	88.01M	88.03M

This table details how cash moves in and out of Elme Communities' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-115	11	-20	-5.00	-4.98	7.11	-6.46	226	-224	-1.31	0.07
Net Cash From Operating Activities	83	109	115	131	147	131	113	89	73	85	95
Net Cash From Continuing Operating Activities	83	109	115	131	147	131	113	89	73	85	95
Net Income / (Loss) Continuing Operations	112	89	119	20	26	384	-16	16	-31	-53	-13
Consolidated Net Income / (Loss)	112	89	119	20	26	384	-16	16	-31	-53	-13
Depreciation Expense	96	109	108	112	121	141	120	96	92	89	96
Amortization Expense	3.59	3.49	3.19	1.90	2.10	3.20	2.79	4.33	4.05	4.22	4.42
Non-Cash Adjustments To Reconcile Net Income	-100	-79	-98	14	9.45	-382	29	-17	15	52	9.12
Changes in Operating Assets and Liabilities, net	-28	-14	-18	-17	-11	-15	-23	-10	-7.08	-7.81	-1.13
Net Cash From Investing Activities	-108	-90	-63	-196	-39	61	66	702	-241	-146	-44
Net Cash From Continuing Investing Activities	-108	-90	-63	-196	-39	61	66	702	-241	-146	-44
Purchase of Property, Plant & Equipment	-254	-196	-285	-64	-72	-69	-58	-32	-38	-39	-48
Acquisitions	-	0.00	0.00	-145	-106	-529	0.00	-155	-204	-108	0.00
Other Investing Activities, net	-45	-31	-22	-18	-35	-47	-29	-8.41	1.53	0.00	3.86
Net Cash From Financing Activities	-90	-8.41	-71	61	-113	-185	-185	-565	-56	60	-51
Net Cash From Continuing Financing Activities	-90	-8.41	-71	61	-113	-185	-185	-565	-56	60	-51
Repayment of Debt	-104	-155	-270	-53	-320	-463	-597	-462	-22	2.00	0.00
Repurchase of Common Equity	-0.74	-5.10	-1.59	-0.32	-5.65	-1.30	-3.28	-4.86	-0.04	-0.84	-5.68
Payment of Dividends	-84	-62	-86	-96	-95	-96	-99	-91	-59	-64	-64
Issuance of Debt	70	210	115	96	272	318	486	-42	0.00	125	19
Issuance of Common Equity	31	5.22	173	113	35	55	48	40	27	0.00	0.00
Other Financing Activities, net	-2.42	-2.07	-1.26	0.29	-0.08	2.64	-21	-6.36	-2.26	-1.58	-1.11
Cash Interest Paid	58	57	51	46	49	51	38	27	21	24	32

This table details how cash moves in and out of Elme Communities' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-37	-0.02	-1.32	-1.09	2.74	-1.65	-1.64	0.99	-0.69	1.41
Net Cash From Operating Activities	17	22	16	30	16	23	21	29	21	25
Net Cash From Continuing Operating Activities	17	22	16	30	16	23	21	29	21	25
Net Income / (Loss) Continuing Operations	-11	-3.53	-3.64	-2.61	-44	-3.11	-3.65	-3.47	-2.97	-3.02
Consolidated Net Income / (Loss)	-11	-3.53	-3.64	-2.61	-44	-3.11	-3.65	-3.47	-2.97	-3.02
Depreciation Expense	24	22	22	21	22	24	25	24	23	24
Amortization Expense	1.08	0.97	1.05	1.05	1.06	1.06	1.06	1.06	1.15	1.15
Non-Cash Adjustments To Reconcile Net Income	7.31	2.50	1.95	2.22	45	3.46	1.13	2.14	3.22	2.62
Changes in Operating Assets and Liabilities, net	-3.80	-0.03	-4.60	7.88	-8.44	-2.66	-2.27	5.23	-4.21	0.12
Net Cash From Investing Activities	-6.12	-18	-5.79	-4.39	-120	-16	-9.76	-7.92	-12	-14
Net Cash From Continuing Investing Activities	-6.12	-18	-5.79	-4.39	-120	-16	-9.76	-7.92	-12	-14
Purchase of Property, Plant & Equipment	-9.00	-17	-5.79	-4.39	-13	-16	-14	-7.92	-12	-14
Net Cash From Financing Activities	-48	-3.86	-12	-27	107	-8.56	-13	-20	-9.42	-8.98
Net Cash From Continuing Financing Activities	-48	-3.86	-12	-27	107	-8.56	-13	-20	-9.42	-8.98
Repayment of Debt	-77	55	-120	-11	31	102	3.00	-4.00	12	-11
Repurchase of Common Equity	-	-	-0.84	-	-	-	0.00	-	-5.50	-0.18
Payment of Dividends	-15	-15	-15	-16	-18	-16	-16	-16	-16	-16
Issuance of Debt	43	-43	125	-	94	-94	0.00	-	-	19
Other Financing Activities, net	0.26	-0.93	-1.06	0.20	-0.00	-0.72	-0.18	-0.01	-0.01	-0.91
Cash Interest Paid	8.79	2.46	8.95	1.54	9.57	3.44	12	4.17	12	4.08

This table presents Elme Communities' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	2,108	2,191	2,254	2,359	2,417	2,628	2,410	1,876	1,873	1,900	1,846
Total Current Assets	191	197	179	205	194	173	49	283	52	53	50
Cash & Equivalents	16	24	11	9.85	6.02	13	7.70	234	8.39	5.98	6.14
Restricted Cash	-	-	-	-	-	-	-	-	1.46	2.55	2.47
Accounts Receivable	60	63	64	70	64	65	12	15	16	18	13
Prepaid Expenses	116	110	103	125	124	95	30	34	26	27	29
Plant, Property, & Equipment, net	-97	-131	-84	-96	-143	-127	-33	-80	4,092	4,191	4,179
Plant, Property & Equipment, gross	544	561	573	588	527	567	302	323	2,271	2,344	2,383
Accumulated Depreciation	640	693	657	684	669	694	335	403	482	528	618
Total Noncurrent Assets	2,014	2,126	2,159	2,250	2,366	2,582	2,394	1,673	31	31	31
Other Noncurrent Operating Assets	2,014	2,126	2,159	2,250	2,348	2,575	2,306	1,673	31	31	31
Total Liabilities & Shareholders' Equity	2,108	2,191	2,254	2,359	2,417	2,628	2,410	1,876	1,873	1,900	1,846
Total Liabilities	1,286	1,354	1,202	1,264	1,349	1,216	1,089	559	609	746	764
Total Current Liabilities	54	66	69	85	82	96	69	55	49	55	52
Accounts Payable	54	45	47	62	58	71	44	41	34	39	36
Dividends Payable	0.00	20	22	24	24	25	25	15	15	16	16
Total Noncurrent Liabilities	1,232	1,288	1,132	1,179	1,267	1,120	1,019	504	560	691	711
Long-Term Debt	1,210	1,266	1,112	1,155	1,232	1,100	987	497	552	679	699
Noncurrent Deferred Revenue	13	13	12	12	9.97	9.35	2.46	2.08	1.58	5.25	6.26
Other Noncurrent Operating Liabilities	8.90	9.38	8.80	9.15	9.50	11	4.22	4.67	5.56	6.23	6.28
Total Equity & Noncontrolling Interests	822	837	1,052	1,095	1,068	1,412	1,321	1,317	1,264	1,154	1,082
Total Preferred & Common Equity	820	836	1,051	1,095	1,068	1,412	1,321	1,317	1,263	1,154	1,082
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	820	836	1,051	1,095	1,068	1,412	1,321	1,317	1,263	1,154	1,082
Common Stock	1,185	1,194	1,369	1,485	1,527	1,593	1,650	1,698	1,731	1,736	1,741
Accumulated Other Comprehensive Income / (Loss)	0.00	-0.55	7.61	9.42	9.84	1.82	-31	-19	-14	-13	-13
Other Equity Adjustments	-	-	-	-	-469	-183	-299	-362	-453	-569	-646
Noncontrolling Interest	2.67	1.36	1.12	0.37	0.35	0.34	0.32	0.31	0.30	0.29	0.28

This table presents Elme Communities' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	1,880	1,855	1,838	1,910	1,877	1,861	1,853
Total Current Assets	53	49	46	60	46	41	47
Cash & Equivalents	8.44	7.04	5.55	8.08	4.20	5.63	4.84
Restricted Cash	-	1.49	1.89	2.10	2.70	-	2.36
Accounts Receivable	16	16	16	15	13	13	13
Prepaid Expenses	28	24	23	34	26	23	27
Plant, Property, & Equipment, net	1,794	1,775	1,793	4,176	4,181	4,178	4,176
Plant, Property & Equipment, gross	2,287	2,277	373	2,326	2,350	2,360	2,370
Accumulated Depreciation	461	502	523	506	550	573	596
Total Noncurrent Assets	1.44	31	1,943	31	31	33	31
Other Noncurrent Operating Assets	1.44	31	1,943	31	31	33	31
Total Liabilities & Shareholders' Equity	1,880	1,855	1,838	1,910	1,877	1,861	1,853
Total Liabilities	598	609	608	737	740	743	754
Total Current Liabilities	51	44	77	57	47	53	52
Accounts Payable	36	29	37	41	31	37	36
Dividends Payable	15	16	16	16	16	16	16
Total Noncurrent Liabilities	547	564	531	681	693	690	702
Long-Term Debt	540	557	522	671	683	679	691
Noncurrent Deferred Revenue	1.49	1.80	2.95	3.37	4.36	5.07	4.80
Other Noncurrent Operating Liabilities	5.46	5.67	5.91	6.17	6.24	6.33	6.27
Total Equity & Noncontrolling Interests	1,281	1,246	1,231	1,173	1,136	1,118	1,099
Total Preferred & Common Equity	1,281	1,246	1,231	1,173	1,136	1,118	1,099
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,280	1,246	1,231	1,173	1,136	1,118	1,099
Common Stock	1,729	1,733	1,734	1,736	1,737	1,739	1,740
Accumulated Other Comprehensive Income / (Loss)	-14	-14	-13	-12	-12	-13	-14
Other Equity Adjustments	-435	-473	-491	-550	-589	-608	-627
Noncontrolling Interest	0.30	0.30	0.29	0.29	0.29	0.29	0.28

This table displays calculated financial ratios and metrics derived from Elme Communities' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	9.74%	6.16%	2.23%	-10.53%	4.08%	-39.41%	-0.42%	-3.89%	23.78%	8.85%	6.15%
EBITDA Growth	-2.14%	58.84%	8.41%	-44.57%	12.14%	10.04%	-38.18%	-21.95%	1.31%	-25.42%	77.20%
EBIT Growth	-1.73%	129.31%	15.31%	-74.89%	22.46%	-6.34%	-106.02%	-113.16%	84.08%	-2,124.93%	210.60%
NOPAT Growth	37.40%	136.13%	16.44%	-82.69%	77.03%	-34.44%	-104.89%	-89.87%	62.49%	-1,238.54%	201.76%
Net Income Growth	198.83%	-20.08%	33.75%	-83.56%	30.69%	1,396.49%	-104.09%	204.49%	-288.40%	-71.62%	75.27%
EPS Growth	203.64%	-21.56%	25.95%	-84.85%	28.00%	1,384.38%	-104.21%	195.00%	-289.47%	-69.44%	75.41%
Operating Cash Flow Growth	-26.65%	31.52%	4.95%	13.86%	12.82%	-11.16%	-13.71%	-21.09%	-17.88%	15.65%	12.49%
Free Cash Flow Firm Growth	-159.06%	135.68%	50.05%	-163.35%	106.62%	-4,217.68%	250.25%	163.22%	-480.25%	95.70%	127.50%
Invested Capital Growth	13.81%	4.12%	3.57%	4.21%	2.15%	8.76%	-10.10%	-29.53%	158.52%	2.25%	-0.32%
Revenue Q/Q Growth	2.72%	1.57%	-0.68%	-12.61%	8.96%	-38.85%	56.45%	24.25%	5.46%	1.45%	1.01%
EBITDA Q/Q Growth	3.33%	32.31%	-18.05%	-13.62%	11.63%	21.51%	-31.33%	2.98%	6.57%	8.60%	-0.22%
EBIT Q/Q Growth	5.76%	66.61%	-25.85%	-38.44%	43.34%	116.13%	-106.88%	66.46%	80.38%	12.66%	0.42%
NOPAT Q/Q Growth	47.86%	66.94%	-25.48%	-57.23%	43.34%	116.13%	-105.58%	70.46%	81.94%	13.24%	0.45%
Net Income Q/Q Growth	-12.95%	203.35%	-32.21%	-13.61%	15.04%	14.48%	-131.64%	157.56%	-576.80%	0.80%	0.68%
EPS Q/Q Growth	-12.11%	197.73%	-32.65%	-26.47%	23.08%	13.91%	-133.33%	375.00%	-20.00%	1.61%	0.00%
Operating Cash Flow Q/Q Growth	0.49%	13.34%	-3.49%	6.26%	7.15%	-4.97%	-8.79%	-6.29%	-1.37%	1.31%	1.76%
Free Cash Flow Firm Q/Q Growth	-326.09%	181.98%	-50.51%	-27.61%	193.12%	24.40%	36.69%	-26.14%	-733.62%	95.52%	29.38%
Invested Capital Q/Q Growth	2.59%	-1.59%	0.31%	-0.87%	-0.53%	-1.88%	-6.14%	6.34%	129.50%	0.22%	0.06%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	63.29%	62.39%	63.80%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	57.02%	85.31%	90.46%	56.05%	60.38%	109.68%	68.09%	55.30%	45.26%	31.01%	51.76%
Operating Margin	22.22%	48.39%	54.75%	15.21%	18.11%	28.00%	-1.37%	-2.72%	-0.82%	-10.12%	9.70%
EBIT Margin	22.51%	48.62%	54.84%	15.39%	18.11%	28.00%	-1.69%	-3.75%	-0.48%	-9.87%	10.28%
Profit (Net Income) Margin	38.66%	29.11%	38.08%	7.00%	8.79%	217.00%	-8.91%	9.69%	-14.74%	-23.24%	-5.42%
Tax Burden Percent	2,151.55%	99.85%	100.52%	-537.02%	2,222.90%	-7,645.01%	38.92%	-30.83%	100.00%	100.00%	100.00%
Interest Burden Percent	7.98%	59.95%	69.08%	-8.47%	2.18%	-10.14%	1,352.27%	836.85%	3,053.21%	235.52%	-52.67%
Effective Tax Rate	2.26%	0.15%	-0.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	3.31%	7.19%	8.07%	1.34%	2.31%	1.43%	-0.07%	-0.17%	-0.04%	-0.39%	0.39%
ROIC Less NNEP Spread (ROIC-NNEP)	7.74%	2.40%	3.61%	0.45%	0.06%	31.10%	-1.44%	3.05%	-1.93%	-1.63%	-0.57%
Return on Net Nonoperating Assets (RNNOA)	10.80%	3.56%	4.56%	0.48%	0.06%	29.49%	-1.08%	1.41%	-2.35%	-3.99%	-1.56%
Return on Equity (ROE)	14.11%	10.75%	12.63%	1.83%	2.37%	30.92%	-1.15%	1.24%	-2.39%	-4.38%	-1.17%
Cash Return on Invested Capital (CROIC)	-9.61%	3.16%	4.56%	-2.78%	0.18%	-6.96%	10.57%	34.48%	-88.47%	-2.61%	0.71%
Operating Return on Assets (OROA)	3.18%	6.93%	7.73%	1.87%	2.21%	1.96%	-0.12%	-0.30%	-0.05%	-1.19%	1.33%
Return on Assets (ROA)	5.47%	4.15%	5.37%	0.85%	1.07%	15.20%	-0.62%	0.76%	-1.65%	-2.81%	-0.70%
Return on Common Equity (ROCE)	14.05%	10.72%	12.61%	1.83%	2.37%	30.92%	-1.15%	1.24%	-2.39%	-4.38%	-1.17%
Return on Equity Simple (ROE_SIMPLE)	13.62%	10.67%	11.35%	1.79%	2.40%	27.17%	-1.19%	1.24%	-2.44%	-4.59%	-1.21%
Net Operating Profit after Tax (NOPAT)	63	148	172	30	53	35	-1.69	-3.22	-1.21	-16	16
NOPAT Margin	21.72%	48.32%	55.03%	10.65%	18.11%	19.60%	-0.96%	-1.90%	-0.58%	-7.08%	6.79%
Net Nonoperating Expense Percent (NNEP)	-4.43%	4.79%	4.45%	0.89%	2.25%	-29.66%	1.37%	-3.21%	1.89%	1.24%	0.96%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-0.07%	-0.88%	0.92%
Cost of Revenue to Revenue	0.00%	0.00%	36.71%	37.61%	36.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	6.81%	6.57%	6.24%	8.06%	7.57%	14.75%	13.61%	16.28%	13.50%	11.36%	10.32%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	77.78%	51.61%	8.54%	47.18%	45.70%	72.00%	101.37%	102.72%	100.82%	110.12%	90.30%
Earnings before Interest and Taxes (EBIT)	65	149	172	43	53	49	-2.98	-6.35	-1.01	-22	25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	165	261	283	157	176	194	120	94	95	71	125
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.50	1.54	1.69	1.68	1.35	1.37	1.17	1.50	1.12	1.06	1.24
Price to Tangible Book Value (P/TBV)	1.50	1.54	1.69	1.68	1.35	1.37	1.17	1.50	1.12	1.06	1.24
Price to Revenue (P/Rev)	4.26	4.20	5.65	6.57	4.96	10.94	8.77	11.65	6.78	5.37	5.55
Price to Earnings (P/E)	11.00	14.35	14.84	93.64	56.43	5.88	0.00	120.28	0.00	0.00	0.00
Dividend Yield	6.51%	6.35%	5.05%	5.11%	6.62%	5.00%	6.40%	4.04%	4.19%	5.17%	4.72%
Earnings Yield	9.09%	6.97%	6.74%	1.07%	1.77%	17.02%	0.00%	0.83%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.20	1.21	1.32	1.32	1.15	1.20	1.11	1.40	0.48	0.45	0.48
Enterprise Value to Revenue (EV/Rev)	8.40	8.26	9.17	10.66	9.16	17.09	14.34	13.21	9.37	8.31	8.41
Enterprise Value to EBITDA (EV/EBITDA)	14.74	9.68	10.14	19.02	15.17	15.58	21.06	23.89	20.70	26.80	16.25
Enterprise Value to EBIT (EV/EBIT)	37.34	16.99	16.72	69.25	50.58	61.04	0.00	0.00	0.00	0.00	81.78
Enterprise Value to NOPAT (EV/NOPAT)	38.69	17.10	16.66	100.11	50.58	87.20	0.00	0.00	0.00	0.00	123.84
Enterprise Value to Operating Cash Flow (EV/OCF)	29.18	23.16	25.04	22.87	18.13	23.07	22.34	25.06	26.79	22.37	21.36
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	38.98	29.48	0.00	654.19	0.00	9.98	3.36	0.00	0.00	68.02
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.47	1.51	1.06	1.05	1.15	0.78	0.75	0.38	0.44	0.59	0.65
Long-Term Debt to Equity	1.47	1.51	1.06	1.05	1.15	0.78	0.75	0.38	0.44	0.59	0.65
Financial Leverage	1.40	1.48	1.26	1.07	1.12	0.95	0.75	0.46	1.22	2.45	2.76
Leverage Ratio	2.58	2.59	2.35	2.15	2.21	2.03	1.84	1.62	1.45	1.56	1.67
Compound Leverage Factor	0.21	1.55	1.63	-0.18	0.05	-0.21	24.93	13.60	44.35	3.67	-0.88
Debt to Total Capital	59.55%	60.20%	51.38%	51.34%	53.55%	43.78%	42.77%	27.39%	30.41%	37.05%	39.24%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	59.55%	60.20%	51.38%	51.34%	53.55%	43.78%	42.77%	27.39%	30.41%	37.05%	39.24%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.13%	0.06%	0.05%	0.02%	0.02%	0.01%	0.01%	0.02%	0.02%	0.02%	0.02%
Common Equity to Total Capital	40.32%	39.73%	48.57%	48.65%	46.44%	56.20%	57.21%	72.59%	69.57%	62.94%	60.74%
Debt to EBITDA	7.35	4.84	3.92	7.36	6.99	5.67	8.24	5.31	5.83	9.61	5.58
Net Debt to EBITDA	7.26	4.75	3.88	7.29	6.96	5.61	8.17	2.82	5.72	9.49	5.51
Long-Term Debt to EBITDA	7.35	4.84	3.92	7.36	6.99	5.67	8.24	5.31	5.83	9.61	5.58
Debt to NOPAT	19.30	8.55	6.45	38.72	23.31	31.75	-583.10	-154.57	-457.97	-42.08	42.55
Net Debt to NOPAT	19.05	8.39	6.38	38.39	23.20	31.38	-578.56	-81.91	-449.80	-41.55	42.02
Long-Term Debt to NOPAT	19.30	8.55	6.45	38.72	23.31	31.75	-583.10	-154.57	-457.97	-42.08	42.55
Altman Z-Score	0.65	0.78	1.13	0.88	0.89	1.12	0.91	2.34	1.51	1.06	1.23
Noncontrolling Interest Sharing Ratio	0.45%	0.24%	0.13%	0.07%	0.03%	0.03%	0.02%	0.02%	0.02%	0.02%	0.03%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.52	2.99	2.58	2.40	2.36	1.81	0.71	5.12	1.05	0.97	0.95
Quick Ratio	1.39	1.32	1.09	0.94	0.85	0.82	0.28	4.50	0.50	0.43	0.36
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-182	65	97	-62	4.09	-168	253	665	-2,530	-109	30
Operating Cash Flow to CapEx	131.51%	186.48%	274.44%	388.96%	0.00%	0.00%	0.00%	0.00%	191.37%	219.20%	200.08%
Free Cash Flow to Firm to Interest Expense	-3.04	1.09	1.83	-1.32	0.08	-3.09	6.77	14.22	-84.73	-3.57	0.79
Operating Cash Flow to Interest Expense	1.39	1.83	2.16	2.79	2.85	2.40	3.03	1.91	2.45	2.78	2.51
Operating Cash Flow Less CapEx to Interest Expense	0.33	0.85	1.37	2.07	4.83	14.09	5.56	20.40	1.17	1.51	1.25
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.14	0.14	0.14	0.12	0.12	0.07	0.07	0.08	0.11	0.12	0.13
Accounts Receivable Turnover	5.32	5.00	4.93	4.18	4.36	2.74	4.56	12.55	13.33	13.41	16.05
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.06	0.06
Accounts Payable Turnover	0.00	0.00	2.49	1.94	1.77	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	68.60	73.04	74.11	87.31	83.66	133.43	79.99	29.08	27.38	27.22	22.75
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	146.51	187.92	206.56	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	68.60	73.04	-72.40	-100.62	-122.90	133.43	79.99	29.08	27.38	27.22	22.75
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,017	2,100	2,175	2,266	2,315	2,518	2,264	1,595	4,123	4,216	4,203
Invested Capital Turnover	0.15	0.15	0.15	0.13	0.13	0.07	0.07	0.09	0.07	0.05	0.06
Increase / (Decrease) in Invested Capital	245	83	75	92	49	203	-254	-668	2,528	93	-13
Enterprise Value (EV)	2,426	2,532	2,873	2,988	2,672	3,020	2,524	2,234	1,962	1,894	2,035
Market Capitalization	1,229	1,288	1,771	1,842	1,446	1,933	1,544	1,971	1,419	1,223	1,344
Book Value per Share	$12.29	$12.26	$14.09	$13.95	$13.38	$17.52	$16.03	$15.56	$14.44	$13.14	$12.29
Tangible Book Value per Share	$12.29	$12.26	$14.09	$13.95	$13.38	$17.52	$16.03	$15.56	$14.44	$13.14	$12.29
Total Capital	2,033	2,103	2,164	2,251	2,300	2,512	2,308	1,814	1,816	1,834	1,781
Total Debt	1,210	1,266	1,112	1,155	1,232	1,100	987	497	552	679	699
Total Long-Term Debt	1,210	1,266	1,112	1,155	1,232	1,100	987	497	552	679	699
Net Debt	1,195	1,242	1,100	1,146	1,226	1,087	980	263	543	671	690
Capital Expenditures (CapEx)	63	59	42	34	-102	-637	-95	-865	38	39	48
Debt-free, Cash-free Net Working Capital (DFCFNWC)	121	107	98	110	106	65	-28	-6.30	-7.24	-10	-11
Debt-free Net Working Capital (DFNWC)	137	131	110	120	112	78	-20	227	2.61	-1.91	-2.44
Net Working Capital (NWC)	137	131	110	120	112	78	-20	227	2.61	-1.91	-2.44
Net Nonoperating Expense (NNE)	-49	59	53	10	27	-349	14	-20	30	37	30
Net Nonoperating Obligations (NNO)	1,195	1,263	1,123	1,171	1,247	1,106	942	278	2,860	3,062	3,121
Total Depreciation and Amortization (D&A)	100	112	112	114	123	144	123	100	96	93	100
Debt-free, Cash-free Net Working Capital to Revenue	41.96%	34.88%	31.41%	39.14%	36.22%	36.55%	-15.88%	-3.73%	-3.46%	-4.58%	-4.57%
Debt-free Net Working Capital to Revenue	47.45%	42.65%	35.02%	42.66%	38.28%	43.87%	-11.51%	134.38%	1.25%	-0.84%	-1.01%
Net Working Capital to Revenue	47.45%	42.65%	35.02%	42.66%	38.28%	43.87%	-11.51%	134.38%	1.25%	-0.84%	-1.01%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.67	$1.31	$1.65	$0.25	$0.32	$4.75	($0.20)	$0.19	($0.36)	($0.61)	($0.15)
Adjusted Weighted Average Basic Shares Outstanding	66.80M	68.18M	72.16M	76.82M	78.96M	80.26M	82.35M	84.54M	87.39M	87.74M	87.92M
Adjusted Diluted Earnings per Share	$1.67	$1.31	$1.65	$0.25	$0.32	$4.75	($0.20)	$0.19	($0.36)	($0.61)	($0.15)
Adjusted Weighted Average Diluted Shares Outstanding	66.84M	68.31M	72.34M	76.94M	79.04M	80.34M	82.35M	84.54M	87.39M	87.74M	87.92M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	68.13M	68.19M	74.71M	78.50M	79.93M	82.12M	84.56M	87.42M	87.70M	87.87M	88.03M
Normalized Net Operating Profit after Tax (NOPAT)	68	65	49	36	37	-1.47	-1.69	-3.22	-1.21	13	16
Normalized NOPAT Margin	23.46%	21.22%	15.71%	12.71%	12.53%	-0.83%	-0.96%	-1.90%	-0.58%	5.77%	6.79%
Pre Tax Income Margin	1.80%	29.15%	37.88%	-1.30%	0.40%	-2.84%	-22.89%	-31.42%	-14.74%	-23.24%	-5.42%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.09	2.50	3.23	0.92	1.02	0.91	-0.08	-0.14	-0.03	-0.74	0.66
NOPAT to Interest Expense	1.05	2.48	3.24	0.64	1.02	0.64	-0.05	-0.07	-0.04	-0.53	0.43
EBIT Less CapEx to Interest Expense	0.03	1.51	2.45	0.20	3.00	12.60	2.46	18.36	-1.32	-2.01	-0.60
NOPAT Less CapEx to Interest Expense	-0.01	1.50	2.46	-0.08	3.00	12.33	2.49	18.43	-1.32	-1.80	-0.82
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	75.02%	68.96%	71.96%	488.81%	370.94%	25.13%	-631.98%	553.85%	-192.34%	-121.45%	-485.73%
Augmented Payout Ratio	75.68%	74.67%	73.30%	490.43%	392.99%	25.47%	-652.92%	583.50%	-192.47%	-123.05%	-529.05%

This table displays calculated financial ratios and metrics derived from Elme Communities' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	28.48%	24.24%	16.75%	10.16%	3.75%	5.86%	6.64%	6.19%	7.77%	4.10%
EBITDA Growth	42.69%	29.22%	22.24%	19.37%	-151.97%	21.65%	23.32%	15.82%	336.90%	-0.87%
EBIT Growth	150.77%	369.73%	256.32%	253.90%	-4,863.16%	107.91%	80.35%	41.36%	118.60%	1.66%
NOPAT Growth	142.66%	188.23%	231.79%	232.97%	-5,331.21%	127.33%	36.86%	63.61%	118.60%	1.66%
Net Income Growth	-134.29%	-110.44%	52.84%	70.58%	-306.16%	12.06%	-0.11%	-32.94%	93.19%	2.90%
EPS Growth	-132.43%	-600.00%	55.56%	70.00%	-316.67%	20.00%	0.00%	-33.33%	94.00%	0.00%
Operating Cash Flow Growth	892.45%	-4.47%	88.29%	18.29%	-10.93%	5.05%	30.25%	-3.68%	32.76%	7.22%
Free Cash Flow Firm Growth	-132.54%	-479.19%	-118.50%	-568.24%	-721.96%	96.51%	-2,053.71%	75.65%	100.47%	120.35%
Invested Capital Growth	19.79%	158.52%	6.69%	105.77%	134.14%	2.25%	132.50%	12.61%	-0.16%	-0.32%
Revenue Q/Q Growth	6.27%	1.81%	0.39%	1.42%	0.09%	3.89%	1.12%	0.99%	1.58%	0.34%
EBITDA Q/Q Growth	14.08%	1.45%	-0.05%	3.19%	-149.67%	337.47%	1.32%	-3.08%	1.59%	-0.63%
EBIT Q/Q Growth	127.96%	297.50%	7.32%	29.03%	-965.41%	117.35%	-6.91%	1.13%	13.88%	-5.18%
NOPAT Q/Q Growth	125.46%	299.28%	17.34%	11.47%	-1,101.66%	117.35%	-29.36%	33.27%	13.88%	-5.18%
Net Income Q/Q Growth	-21.02%	67.12%	-3.17%	28.33%	-1,570.55%	92.88%	-17.46%	4.83%	14.43%	-1.52%
EPS Q/Q Growth	-20.00%	58.33%	20.00%	25.00%	-1,566.67%	92.00%	0.00%	0.00%	25.00%	-33.33%
Operating Cash Flow Q/Q Growth	-31.00%	24.48%	-25.13%	83.93%	-48.05%	46.81%	-7.16%	36.02%	-28.38%	18.57%
Free Cash Flow Firm Q/Q Growth	-172.50%	-752.71%	95.60%	-1,620.44%	-27.26%	96.38%	-2,615.27%	80.55%	102.46%	56.42%
Invested Capital Q/Q Growth	-0.83%	129.50%	-56.10%	105.92%	12.84%	0.22%	-0.17%	-0.26%	0.05%	0.06%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	87.75%	100.00%	111.78%	100.00%	86.71%	100.00%	113.04%
EBITDA Margin	46.65%	46.48%	46.28%	47.09%	-23.37%	53.41%	53.51%	51.36%	51.36%	50.86%
Operating Margin	1.27%	4.97%	5.81%	6.39%	-63.90%	10.67%	7.46%	9.84%	11.03%	10.42%
EBIT Margin	1.39%	5.43%	5.81%	7.39%	-63.90%	10.67%	9.82%	9.84%	11.03%	10.42%
Profit (Net Income) Margin	-19.67%	-6.35%	-6.53%	-4.61%	-76.99%	-5.28%	-6.13%	-5.78%	-4.86%	-4.92%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	-1,413.03%	-116.88%	-112.37%	-62.42%	120.49%	-49.43%	-62.37%	-58.70%	-44.10%	-47.22%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.11%	0.25%	0.50%	0.36%	-3.35%	0.41%	0.40%	0.41%	0.44%	0.42%
ROIC Less NNEP Spread (ROIC-NNEP)	-3.02%	-0.09%	-0.76%	0.02%	-4.38%	0.16%	0.03%	0.14%	0.19%	0.18%
Return on Net Nonoperating Assets (RNNOA)	-0.84%	-0.11%	-0.28%	0.02%	-6.33%	0.38%	0.05%	0.32%	0.51%	0.49%
Return on Equity (ROE)	-0.73%	0.14%	0.23%	0.38%	-9.68%	0.79%	0.45%	0.73%	0.95%	0.91%
Cash Return on Invested Capital (CROIC)	-18.41%	-88.47%	-6.31%	-68.92%	-80.91%	-2.61%	-80.21%	-12.21%	0.55%	0.71%
Operating Return on Assets (OROA)	0.15%	0.61%	0.68%	0.87%	-7.58%	1.29%	1.22%	1.25%	1.40%	1.35%
Return on Assets (ROA)	-2.09%	-0.71%	-0.76%	-0.54%	-9.13%	-0.64%	-0.76%	-0.73%	-0.62%	-0.64%
Return on Common Equity (ROCE)	-0.73%	0.14%	0.23%	0.38%	-9.67%	0.79%	0.45%	0.73%	0.95%	0.91%
Return on Equity Simple (ROE_SIMPLE)	0.51%	0.00%	-2.15%	-1.67%	-4.55%	0.00%	-4.66%	-4.82%	-1.20%	0.00%
Net Operating Profit after Tax (NOPAT)	0.48	1.93	2.27	2.53	-25	4.40	3.11	4.14	4.71	4.47
NOPAT Margin	0.89%	3.48%	4.07%	4.47%	-44.73%	7.47%	5.22%	6.89%	7.72%	7.30%
Net Nonoperating Expense Percent (NNEP)	3.12%	0.35%	1.26%	0.34%	1.03%	0.25%	0.37%	0.27%	0.25%	0.24%
Return On Investment Capital (ROIC_SIMPLE)	-	0.11%	-	-	-	0.24%	-	-	-	0.25%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	12.25%	0.00%	-11.78%	0.00%	13.29%	0.00%	-13.04%
SG&A Expenses to Revenue	11.73%	13.06%	12.26%	11.80%	11.24%	10.19%	10.41%	10.21%	10.41%	10.25%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	98.73%	95.03%	94.19%	81.37%	163.90%	101.11%	92.54%	76.87%	88.97%	102.61%
Earnings before Interest and Taxes (EBIT)	0.76	3.02	3.24	4.18	-36	6.28	5.85	5.91	6.73	6.39
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	25	26	26	27	-13	31	32	31	31	31
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.11	1.12	1.18	1.11	0.97	1.06	1.06	1.25	1.41	1.24
Price to Tangible Book Value (P/TBV)	1.11	1.12	1.18	1.11	0.97	1.06	1.06	1.25	1.41	1.24
Price to Revenue (P/Rev)	7.13	6.78	6.78	6.16	5.08	5.37	5.22	5.96	6.46	5.55
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	4.20%	4.19%	4.11%	4.48%	5.46%	5.17%	5.23%	4.52%	4.09%	4.72%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.08	0.48	1.12	0.51	0.43	0.45	0.45	0.49	0.53	0.48
Enterprise Value to Revenue (EV/Rev)	9.81	9.37	9.30	8.58	8.03	8.31	8.13	8.83	9.32	8.41
Enterprise Value to EBITDA (EV/EBITDA)	21.90	20.70	20.32	18.41	27.71	26.80	24.57	25.65	17.78	16.25
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	469.56	170.51	0.00	0.00	0.00	0.00	90.10	81.78
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	725.76	264.72	0.00	0.00	0.00	0.00	136.47	123.84
Enterprise Value to Operating Cash Flow (EV/OCF)	26.23	26.79	25.00	22.35	21.58	22.37	21.03	23.45	23.85	21.36
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	96.55	68.02
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.42	0.44	0.45	0.44	0.57	0.59	0.60	0.61	0.63	0.65
Long-Term Debt to Equity	0.42	0.44	0.45	0.42	0.57	0.59	0.60	0.61	0.63	0.65
Financial Leverage	0.28	1.22	0.36	1.19	1.45	2.45	1.53	2.37	2.70	2.76
Leverage Ratio	1.45	1.45	1.45	1.49	1.54	1.56	1.57	1.58	1.66	1.67
Compound Leverage Factor	-20.46	-1.70	-1.63	-0.93	1.86	-0.77	-0.98	-0.92	-0.73	-0.79
Debt to Total Capital	29.66%	30.41%	30.88%	30.73%	36.39%	37.05%	37.52%	37.77%	38.60%	39.24%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	1.35%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	29.66%	30.41%	30.88%	29.37%	36.39%	37.05%	37.52%	37.77%	38.60%	39.24%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Common Equity to Total Capital	70.28%	69.57%	69.11%	69.26%	63.59%	62.94%	62.46%	62.21%	61.38%	60.74%
Debt to EBITDA	6.08	5.83	5.60	5.26	10.31	9.61	8.90	8.39	5.50	5.58
Net Debt to EBITDA	5.98	5.72	5.51	5.19	10.16	9.49	8.81	8.32	5.45	5.51
Long-Term Debt to EBITDA	6.08	5.83	5.60	5.03	10.31	9.61	8.90	8.39	5.50	5.58
Debt to NOPAT	-80.90	-457.97	199.89	75.64	-36.07	-42.08	-44.59	-49.55	42.24	42.55
Net Debt to NOPAT	-79.64	-449.80	196.83	74.61	-35.52	-41.55	-44.14	-49.14	41.80	42.02
Long-Term Debt to NOPAT	-80.90	-457.97	199.89	72.32	-36.07	-42.08	-44.59	-49.55	42.24	42.55
Altman Z-Score	1.53	1.52	1.58	1.46	0.99	1.11	1.11	1.26	1.37	1.20
Noncontrolling Interest Sharing Ratio	0.06%	0.02%	0.02%	0.06%	0.06%	0.02%	0.02%	0.02%	0.03%	0.03%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.03	1.05	1.10	0.60	1.06	0.97	0.97	0.78	0.91	0.95
Quick Ratio	0.48	0.50	0.52	0.28	0.41	0.43	0.36	0.34	0.34	0.36
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-296	-2,527	-111	-1,914	-2,435	-88	-2,396	-466	11	18
Operating Cash Flow to CapEx	194.15%	126.36%	281.28%	682.17%	124.48%	143.39%	155.75%	364.17%	173.11%	173.57%
Free Cash Flow to Firm to Interest Expense	-25.77	-385.61	-16.16	-281.67	-328.31	-9.40	-252.33	-49.66	1.18	1.91
Operating Cash Flow to Interest Expense	1.52	3.32	2.37	4.41	2.10	2.43	2.23	3.08	2.13	2.61
Operating Cash Flow Less CapEx to Interest Expense	0.74	0.69	1.52	3.76	0.41	0.74	0.80	2.23	0.90	1.10
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.11	0.11	0.12	0.12	0.12	0.12	0.12	0.13	0.13	0.13
Accounts Receivable Turnover	12.89	13.33	13.50	13.75	14.31	13.41	15.98	16.60	17.12	16.05
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.13	0.12	0.08	0.06	0.08	0.08	0.06	0.06
Accounts Payable Turnover	0.00	0.00	0.00	0.18	0.18	0.00	0.00	0.03	0.03	0.00
Days Sales Outstanding (DSO)	28.31	27.38	27.05	26.55	25.50	27.22	22.84	21.98	21.32	22.75
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	2,021.90	2,023.87	0.00	0.00	12,860.44	13,338.44	0.00
Cash Conversion Cycle (CCC)	28.31	27.38	27.05	-1,995.34	-1,998.37	27.22	22.84	-12,838.46	-13,317.13	22.75
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,797	4,123	1,810	3,728	4,207	4,216	4,209	4,198	4,200	4,203
Invested Capital Turnover	0.12	0.07	0.12	0.08	0.07	0.05	0.08	0.06	0.06	0.06
Increase / (Decrease) in Invested Capital	297	2,528	114	1,916	2,410	93	2,399	470	-6.76	-13
Enterprise Value (EV)	1,947	1,962	2,021	1,911	1,803	1,894	1,884	2,075	2,232	2,035
Market Capitalization	1,415	1,419	1,473	1,372	1,142	1,223	1,208	1,402	1,548	1,344
Book Value per Share	$14.65	$14.44	$14.21	$14.03	$13.35	$13.14	$12.93	$12.70	$12.48	$12.29
Tangible Book Value per Share	$14.65	$14.44	$14.21	$14.03	$13.35	$13.14	$12.93	$12.70	$12.48	$12.29
Total Capital	1,821	1,816	1,803	1,777	1,844	1,834	1,819	1,797	1,790	1,781
Total Debt	540	552	557	546	671	679	683	679	691	699
Total Long-Term Debt	540	552	557	522	671	679	683	679	691	699
Net Debt	532	543	548	539	661	671	676	673	684	690
Capital Expenditures (CapEx)	9.00	17	5.79	4.39	13	16	14	7.92	12	14
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-6.82	-7.24	-3.96	-14	-7.00	-10	-8.14	-17	-12	-11
Debt-free Net Working Capital (DFNWC)	1.61	2.61	4.57	-6.86	3.18	-1.91	-1.24	-12	-4.89	-2.44
Net Working Capital (NWC)	1.61	2.61	4.57	-31	3.18	-1.91	-1.24	-12	-4.89	-2.44
Net Nonoperating Expense (NNE)	11	5.47	5.91	5.14	18	7.50	6.75	7.61	7.68	7.48
Net Nonoperating Obligations (NNO)	515	2,860	564	2,497	3,034	3,062	3,073	3,080	3,101	3,121
Total Depreciation and Amortization (D&A)	25	23	23	22	23	25	26	25	25	25
Debt-free, Cash-free Net Working Capital to Revenue	-3.44%	-3.46%	-1.82%	-6.42%	-3.12%	-4.58%	-3.52%	-7.43%	-5.05%	-4.57%
Debt-free Net Working Capital to Revenue	0.81%	1.25%	2.10%	-3.08%	1.42%	-0.84%	-0.54%	-5.03%	-2.04%	-1.01%
Net Working Capital to Revenue	0.81%	1.25%	2.10%	-13.86%	1.42%	-0.84%	-0.54%	-5.03%	-2.04%	-1.01%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.12)	($0.05)	($0.04)	($0.03)	($0.50)	($0.04)	($0.04)	($0.04)	($0.03)	($0.04)
Adjusted Weighted Average Basic Shares Outstanding	87.45M	87.39M	87.65M	87.74M	87.76M	87.74M	87.89M	87.91M	87.93M	87.92M
Adjusted Diluted Earnings per Share	($0.12)	($0.05)	($0.04)	($0.03)	($0.50)	($0.04)	($0.04)	($0.04)	($0.03)	($0.04)
Adjusted Weighted Average Diluted Shares Outstanding	87.45M	87.39M	87.65M	87.74M	87.76M	87.74M	87.89M	87.91M	87.93M	87.92M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	87.52M	87.70M	87.72M	87.82M	87.83M	87.87M	88.00M	88.01M	88.01M	88.03M
Normalized Net Operating Profit after Tax (NOPAT)	0.48	1.93	2.27	2.53	3.96	4.40	3.11	4.14	4.71	4.47
Normalized NOPAT Margin	0.89%	3.48%	4.07%	4.47%	6.99%	7.47%	5.22%	6.89%	7.72%	7.30%
Pre Tax Income Margin	-19.67%	-6.35%	-6.53%	-4.61%	-76.99%	-5.28%	-6.13%	-5.78%	-4.86%	-4.92%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.07	0.46	0.47	0.62	-4.88	0.67	0.62	0.63	0.69	0.68
NOPAT to Interest Expense	0.04	0.30	0.33	0.37	-3.42	0.47	0.33	0.44	0.49	0.48
EBIT Less CapEx to Interest Expense	-0.72	-2.17	-0.37	-0.03	-6.57	-1.03	-0.82	-0.21	-0.54	-0.82
NOPAT Less CapEx to Interest Expense	-0.74	-2.33	-0.51	-0.27	-5.10	-1.23	-1.11	-0.40	-0.74	-1.03
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	909.55%	-192.34%	-222.77%	-295.38%	-118.77%	-121.45%	-123.32%	-121.49%	-482.06%	-485.73%
Augmented Payout Ratio	910.61%	-192.47%	-225.92%	-299.49%	-120.35%	-123.05%	-123.32%	-121.49%	-523.75%	-529.05%

Frequently Asked Questions About Elme Communities' Financials

When does Elme Communities's financial year end?

According to the most recent income statement we have on file, Elme Communities' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Elme Communities' net income changed over the last 10 years?

Elme Communities' net income appears to be on a downward trend, with a most recent value of -$13.10 million in 2024, falling from $111.60 million in 2014. The previous period was -$52.98 million in 2023. Check out Elme Communities' forecast to explore projected trends and price targets.

What is Elme Communities's operating income?

Elme Communities's total operating income in 2024 was $23.47 million, based on the following breakdown:

Total Gross Profit: $241.94 million
Total Operating Expenses: $218.47 million

How has Elme Communities revenue changed over the last 10 years?

Over the last 10 years, Elme Communities' total revenue changed from $288.64 million in 2014 to $241.94 million in 2024, a change of -16.2%.

How much debt does Elme Communities have?

Elme Communities' total liabilities were at $763.68 million at the end of 2024, a 2.4% increase from 2023, and a 40.6% decrease since 2014.

How much cash does Elme Communities have?

In the past 10 years, Elme Communities' cash and equivalents has ranged from $5.98 million in 2023 to $233.60 million in 2021, and is currently $6.14 million as of their latest financial filing in 2024.

How has Elme Communities' book value per share changed over the last 10 years?

Over the last 10 years, Elme Communities' book value per share changed from 12.29 in 2014 to 12.29 in 2024, a change of 0.0%.

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This page (NYSE:ELME) was last updated on 5/5/2025 by MarketBeat.com Staff

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Elme Communities (ELME) Financials

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Elme Communities (ELME) Financials

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