Thomas Grimes - Mid America Ex COO

MAA-PI Preferred Stock  USD 58.50  0.01  0.02%   

Insider

Thomas Grimes is Ex COO of Mid America Apartment Communities
Age 54
Phone901-682-6600
Webhttps://www.maac.com

Mid America Management Efficiency

The company has return on total asset (ROA) of 0.0349 % which means that it generated a profit of $0.0349 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1061 %, meaning that it generated $0.1061 on every $100 dollars invested by stockholders. Mid America's management efficiency ratios could be used to measure how well Mid America manages its routine affairs as well as how well it operates its assets and liabilities.
Mid America Apartment Communities has accumulated 4.41 B in total debt with debt to equity ratio (D/E) of 72.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Mid America Apartment has a current ratio of 0.11, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Mid America until it has trouble settling it off, either with new capital or with free cash flow. So, Mid America's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mid America Apartment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mid to invest in growth at high rates of return. When we think about Mid America's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

INSIDER Age

James LykinsUMH Properties
N/A
Philip IrbyAmerican Homes 4
N/A
Nancy AndersenCenterspace
46
David CPAAmerican Homes 4
63
Emily GreenCenterspace
63
David CPAAmerican Homes 4
62
Jeffrey CairaCenterspace
63
John CPAAmerican Homes 4
64
John CPAAmerican Homes 4
63
Nelli MaddenUMH Properties
N/A
Megan GrabosAmerican Homes 4
N/A
David CPAAmerican Homes 4
62
John CPAAmerican Homes 4
63
Terrance MaxwellCenterspace
59
Kristin LangleyUMH Properties
N/A
Brett TaftUMH Properties
33
Kevin NickelberryUDR Inc
50
Christopher LauAmerican Homes 4
41
Diane MorefieldUDR Inc
62
Philip IrbyAmerican Homes 4
N/A
Michael LacyUDR Inc
42
MAA, an SP 500 company, is a real estate investment trust, or REIT, focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities in the Southeast, Southwest, and Mid-Atlantic regions of the United States. As of March 31, 2019, MAA had ownership interest in 101,954 apartment units, including communities currently in development, across 17 states and the District of Columbia. Mid America operates under REIT - Residential classification in USA and is traded on New York Stock Exchange. It employs 2508 people. Mid America Apartment Communities (MAA-PI) is traded on New York Stock Exchange in USA. It is located in 6815 Poplar Avenue, Germantown, TN, United States, 38138 and employs 10 people. Mid America is listed under Trading category by Fama And French industry classification.

Management Performance

Mid America Apartment Leadership Team

Elected by the shareholders, the Mid America's board of directors comprises two types of representatives: Mid America inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mid. The board's role is to monitor Mid America's management team and ensure that shareholders' interests are well served. Mid America's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mid America's outside directors are responsible for providing unbiased perspectives on the board's policies.
Warren Davis, Sales Revenue
Adrian Hill, Ex Officer
Joseph CPA, Chief VP
Eric Bolton, Pres Chairman
JD Esq, Chief VP
Thomas Grimes, Ex COO
Albert III, Ex CFO
Clay Holder, VP Officer
Jennifer Patrick, Investor Contact
Leslie Wolfgang, Chief VP

Mid Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is Mid America a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Mid Preferred Stock

Mid America financial ratios help investors to determine whether Mid Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mid with respect to the benefits of owning Mid America security.