UDR
0.0 %
15.82 %
Yet to be announced
Company Overview
UDR, Inc. is a leading multifamily real estate investment trust. As of September 30, 2020, UDR owned or had an ownership position in 51,649 apartment homes.
Revenue Sources
After analyzing UDR's revenue sources, the company generates its income primarily from apartment rentals, property management services, and related real estate activities. These are halal sources of revenue as they involve the exchange of real assets and services. No significant revenue is derived from prohibited activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $420.16m | $400.52m | - | $50.21m | 0.00% | 12.54% |
| June 30, 2024 | $415.32m | $394.46m | - | $47.81m | 0.00% | 12.12% |
| March 31, 2024 | $413.63m | $381.94m | - | $48.06m | 0.00% | 12.58% |
| Dec. 31, 2023 | $413.27m | $366.37m | - | $47.35m | 0.00% | 12.92% |
Based on the financial data from the last four quarters, interest expense consistently represents a significant portion of the company's total expenses. The interest expense ratios for the past four quarters have been materially high, indicating that interest plays a substantial role in the company's operations. This is typical for REITs due to their capital-intensive nature and reliance on debt financing for property acquisitions and development.
Operational Ethics
Based on available information from SEC filings and company disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in the United States.
Login to join the discussion