UMH Net Income vs Income Before Tax Analysis

UMH Stock  USD 17.67  0.04  0.23%   
UMH Properties financial indicator trend analysis is much more than just breaking down UMH Properties prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UMH Properties is a good investment. Please check the relationship between UMH Properties Net Income and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UMH Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in UMH Stock please use our How to Invest in UMH Properties guide.

Net Income vs Income Before Tax

Net Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UMH Properties Net Income account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between UMH Properties' Net Income and Income Before Tax is 0.86. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of UMH Properties, assuming nothing else is changed. The correlation between historical values of UMH Properties' Net Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of UMH Properties are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income i.e., UMH Properties' Net Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in UMH Properties financial statement analysis. It represents the amount of money remaining after all of UMH Properties operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on UMH Properties income statement and is an important metric when analyzing UMH Properties profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from UMH Properties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UMH Properties current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UMH Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in UMH Stock please use our How to Invest in UMH Properties guide.As of now, UMH Properties' Selling General Administrative is increasing as compared to previous years. The UMH Properties' current Sales General And Administrative To Revenue is estimated to increase to 0.11, while Issuance Of Capital Stock is projected to decrease to under 180.7 M.
 2022 2023 2024 2025 (projected)
Total Revenue195.8M220.9M240.6M252.6M
Interest Expense26.4M32.5M27.3M28.7M

UMH Properties fundamental ratios Correlations

0.840.980.91-0.841.00.810.980.960.890.960.370.60.270.970.770.650.930.6-0.84-0.090.93-0.081.00.270.97
0.840.760.85-0.830.820.70.740.870.560.880.40.650.170.740.590.640.70.65-0.8-0.130.830.340.830.710.72
0.980.760.79-0.80.970.820.980.870.920.880.40.560.220.950.860.710.940.46-0.81-0.060.93-0.170.980.230.97
0.910.850.79-0.80.920.670.850.990.690.990.240.560.320.880.460.460.790.78-0.74-0.180.780.070.890.280.83
-0.84-0.83-0.8-0.8-0.84-0.67-0.78-0.83-0.62-0.83-0.26-0.62-0.26-0.79-0.57-0.51-0.75-0.610.780.05-0.75-0.11-0.84-0.45-0.76
1.00.820.970.92-0.840.780.980.960.890.970.370.590.310.980.750.60.940.61-0.84-0.090.89-0.130.990.230.98
0.810.70.820.67-0.670.780.80.730.740.740.290.47-0.330.830.690.610.740.53-0.65-0.070.820.10.830.320.79
0.980.740.980.85-0.780.980.80.910.950.920.370.580.290.990.80.560.970.54-0.8-0.020.87-0.240.980.121.0
0.960.870.870.99-0.830.960.730.910.781.00.30.580.310.930.60.540.860.74-0.81-0.160.850.040.950.290.9
0.890.560.920.69-0.620.890.740.950.780.780.410.50.270.930.860.450.960.43-0.750.090.78-0.360.89-0.080.97
0.960.880.880.99-0.830.970.740.921.00.780.320.60.320.930.610.540.860.74-0.81-0.130.860.040.950.30.9
0.370.40.40.24-0.260.370.290.370.30.410.320.460.190.340.490.180.480.27-0.570.210.370.010.350.220.39
0.60.650.560.56-0.620.590.470.580.580.50.60.460.30.550.50.350.630.53-0.670.610.590.140.590.390.56
0.270.170.220.32-0.260.31-0.330.290.310.270.320.190.30.220.15-0.070.350.12-0.330.170.1-0.350.22-0.160.29
0.970.740.950.88-0.790.980.830.990.930.930.930.340.550.220.730.520.950.6-0.8-0.070.85-0.210.970.110.98
0.770.590.860.46-0.570.750.690.80.60.860.610.490.50.150.730.670.820.22-0.770.130.81-0.130.790.220.82
0.650.640.710.46-0.510.60.610.560.540.450.540.180.35-0.070.520.670.460.15-0.48-0.190.860.220.680.540.55
0.930.70.940.79-0.750.940.740.970.860.960.860.480.630.350.950.820.460.54-0.830.090.82-0.250.920.090.98
0.60.650.460.78-0.610.610.530.540.740.430.740.270.530.120.60.220.150.54-0.63-0.020.530.420.60.180.52
-0.84-0.8-0.81-0.740.78-0.84-0.65-0.8-0.81-0.75-0.81-0.57-0.67-0.33-0.8-0.77-0.48-0.83-0.63-0.08-0.78-0.12-0.82-0.35-0.8
-0.09-0.13-0.06-0.180.05-0.09-0.07-0.02-0.160.09-0.130.210.610.17-0.070.13-0.190.09-0.02-0.08-0.07-0.08-0.09-0.12-0.01
0.930.830.930.78-0.750.890.820.870.850.780.860.370.590.10.850.810.860.820.53-0.78-0.070.130.940.420.86
-0.080.34-0.170.07-0.11-0.130.1-0.240.04-0.360.040.010.14-0.35-0.21-0.130.22-0.250.42-0.12-0.080.13-0.060.63-0.26
1.00.830.980.89-0.840.990.830.980.950.890.950.350.590.220.970.790.680.920.6-0.82-0.090.94-0.060.280.97
0.270.710.230.28-0.450.230.320.120.29-0.080.30.220.39-0.160.110.220.540.090.18-0.35-0.120.420.630.280.09
0.970.720.970.83-0.760.980.791.00.90.970.90.390.560.290.980.820.550.980.52-0.8-0.010.86-0.260.970.09
Click cells to compare fundamentals

UMH Properties Account Relationship Matchups

UMH Properties fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.1B1.3B1.3B1.4B1.6B1.6B
Short Long Term Debt Total1.0B951.9M914.8M690.0M614.7M645.5M
Total Stockholder Equity501.8M742.1M549.0M704.7M914.0M959.7M
Net Debt541.0M383.1M731.9M632.7M515.0M540.8M
Non Current Assets Total896.8M961.9M1.1B1.2B1.3B1.4B
Non Currrent Assets Other757.8M928.5M1.1B69.1M1.3B1.3B
Common Stock Shares Outstanding41.4M47.4M54.4M63.1M74.9M78.7M
Liabilities And Stockholders Equity1.1B1.3B1.3B1.4B1.6B1.6B
Non Current Liabilities Total563.7M507.2M770.2M699.6M624.7M656.0M
Other Stockholder Equity115.0M300.0M343.2M433.1M610.6M641.2M
Total Liab585.4M528.7M793.4M720.8M647.8M680.2M
Other Current Liab17.3M17.2M16.9M15.1M15.1M15.8M
Total Current Liabilities21.7M21.4M23.2M21.2M23.1M14.9M
Property Plant And Equipment Net22.6M24.4M26.7M1.2B6.4M6.0M
Accounts Payable4.4M4.3M6.4M6.1M8.0M8.4M
Cash15.3M116.2M29.8M57.3M99.7M104.7M
Cash And Short Term Investments118.5M229.9M72.0M91.8M131.6M138.2M
Net Receivables46.4M55.4M67.3M81.1M91.7M96.3M
Inventory25.5M23.7M88.5M32.9M35.0M18.2M
Other Current Assets(87.2M)(195.2M)(185.5M)(171.3M)(154.2M)(146.5M)
Property Plant And Equipment Gross4.9M24.4M26.7M29.1M31.5M30.2M
Total Current Assets190.4M308.9M227.7M205.8M258.3M271.2M
Other Assets20.8M61.1M61.7M(27.4M)(31.5M)(29.9M)
Common Stock Total Equity3.8M4.1M4.2M5.2M5.9M6.2M
Short Term Debt558.5M499.3M153.1M460K529K502.6K
Common Stock4.2M5.2M5.8M6.8M8.2M8.6M
Other Liab6.6M7.4M7.9M8.5M9.8M10.2M
Long Term Debt469.3M452.6M761.7M690.0M614.7M645.5M
Short Term Investments103.2M113.7M42.2M34.5M31.9M59.9M
Current Deferred Revenue(558.5M)(499.3M)(153.1M)(15.9M)(14.3M)(15.1M)
Property Plant Equipment803.6M858.2M913.5M1.1B1.2B621.8M
Net Tangible Assets546.3M501.8M742.1M323.6M372.1M382.3M
Long Term Debt Total373.7M469.3M452.6M761.7M875.9M919.7M
Capital Surpluse162.5M115.0M300.0M343.2M394.7M414.4M
Non Current Liabilities Other116.1M76.1M8.5M9.5M10.0M9.5M
Long Term Investments0.08.9M18.4M24.9M28.4M49.2M

Currently Active Assets on Macroaxis

When determining whether UMH Properties offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UMH Properties' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Umh Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Umh Properties Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UMH Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in UMH Stock please use our How to Invest in UMH Properties guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Single-Family Residential REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of UMH Properties. If investors know UMH will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about UMH Properties listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(1.00)
Dividend Share
0.85
Earnings Share
0.03
Revenue Per Share
3.241
Quarterly Revenue Growth
0.088
The market value of UMH Properties is measured differently than its book value, which is the value of UMH that is recorded on the company's balance sheet. Investors also form their own opinion of UMH Properties' value that differs from its market value or its book value, called intrinsic value, which is UMH Properties' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because UMH Properties' market value can be influenced by many factors that don't directly affect UMH Properties' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between UMH Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if UMH Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UMH Properties' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.