Kite Realty Group Trust Balance Sheet Health
Financial Health criteria checks 3/6
Kite Realty Group Trust has a total shareholder equity of $3.4B and total debt of $3.2B, which brings its debt-to-equity ratio to 94.1%. Its total assets and total liabilities are $7.1B and $3.7B respectively. Kite Realty Group Trust's EBIT is $164.3M making its interest coverage ratio 1.4. It has cash and short-term investments of $127.7M.
Key information
94.1%
Debt to equity ratio
US$3.24b
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$127.74m |
| Equity | US$3.45b |
| Total liabilities | US$3.68b |
| Total assets | US$7.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FGC1's short term assets ($767.8M) exceed its short term liabilities ($189.1M).
Long Term Liabilities: FGC1's short term assets ($767.8M) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: FGC1's net debt to equity ratio (90.4%) is considered high.
Reducing Debt: FGC1's debt to equity ratio has increased from 90.4% to 94.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable FGC1 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FGC1 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.1% per year.