Kite Realty Group Trust Balance Sheet Health
Financial Health criteria checks 2/6
Kite Realty Group Trust has a total shareholder equity of $3.6B and total debt of $3.2B, which brings its debt-to-equity ratio to 87.8%. Its total assets and total liabilities are $7.2B and $3.6B respectively. Kite Realty Group Trust's EBIT is $139.0M making its interest coverage ratio 1.3. It has cash and short-term investments of $83.6M.
Key information
87.8%
Debt to equity ratio
US$3.17b
Debt
Interest coverage ratio | 1.3x |
Cash | US$83.58m |
Equity | US$3.61b |
Total liabilities | US$3.60b |
Total assets | US$7.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FGC1's short term assets ($603.8M) exceed its short term liabilities ($171.6M).
Long Term Liabilities: FGC1's short term assets ($603.8M) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: FGC1's net debt to equity ratio (85.5%) is considered high.
Reducing Debt: FGC1's debt to equity ratio has reduced from 112.5% to 87.8% over the past 5 years.
Debt Coverage: FGC1's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: FGC1's interest payments on its debt are not well covered by EBIT (1.3x coverage).