Mid-America Apartment Communities

MAA US Real Estate Multi-Family Residential REITs
S&P 500

Balance Sheet

Assets vs Liabilities

Figures in US$
05B10B15BFY2021 — $11.29BFY2021 — $5.1BFY21FY2022 — $11.24BFY2022 — $5.03BFY22FY2023 — $11.48BFY2023 — $5.19BFY23FY2024 — $11.81BFY2024 — $5.66BFY24FY2025 — $11.98BFY2025 — $6.14BFY25
Total AssetsTotal Liabilities

How to read this: total assets are everything the company owns; total liabilities are everything it owes. The gap between the two bars is the shareholders' stake (net worth). Assets growing faster than liabilities over time generally means the net worth is building up.

Cash vs Long-term Debt

Figures in US$
020M40M60M80MFY2021 — $54.3MFY21FY2022 — $38.66MFY22FY2023 — $41.31MFY23FY2024 — $43.02MFY24FY2025 — $60.26MFY25
Cash & EquivalentsLong-term Debt

How to read this: the bars compare the cash the company holds against its long-term debt. When the cash bar is taller than the debt bar, the company could in principle cover its long-term borrowings with cash on hand; when debt towers over cash, it relies more on borrowed money. Watching the two over time shows whether the balance is improving.

PeriodTotal AssetsTotal LiabilitiesStockholders EquityCash & Equivalents
FY2012$2.75B$1.80B$914.05M$8.89M
FY2013$6.84B
FY2016$6.64B$121.80M
FY2017$6.57B$10.75M
FY2018$11.32B$4.94B$6.15B$34.26M
FY2019$11.23B$4.93B$6.07B$20.48M
FY2020$11.19B$5.09B$5.87B$25.20M
FY2021$11.29B$5.10B$5.97B$54.30M
FY2022$11.24B$5.03B$6.01B$38.66M
FY2023$11.48B$5.19B$6.09B$41.31M
FY2024$11.81B$5.66B$5.94B$43.02M
FY2025$11.98B$6.14B$5.66B$60.26M

Figures in USD. Educational data only.

Understanding these terms

Plain-English explanations of each figure in the table above, and what a beginner typically looks at. These are educational descriptions only, not advice.

Total Assets
Everything the company owns — fixed assets, investments, cash, inventory, and receivables combined.How a beginner reads it: A beginner reads total assets to gauge the size of the business and, alongside profit, how efficiently those assets generate earnings.
Total Liabilities
Everything the company owes — borrowings plus all other obligations combined.How a beginner reads it: A beginner reads total liabilities against total assets to see how much of the company is financed by what it owes versus what shareholders own.
Stockholders Equity
The shareholders' total stake in the company — assets minus liabilities. Includes paid-in capital plus accumulated retained earnings.How a beginner reads it: A beginner views this as the company's net worth on the books. Steady growth in equity over years usually reflects retained profits building up.
Cash & Equivalents
Cash on hand plus highly liquid holdings that can be converted to cash almost immediately.How a beginner reads it: A beginner views cash as a cushion and a source of flexibility. Comparing cash to borrowings gives a quick sense of net debt — how much debt remains after cash is netted off.
Educational data only. Not a recommendation to buy, sell or hold any security.