Kimco Realty Balance Sheet Health
Financial Health criteria checks 2/6
Kimco Realty has a total shareholder equity of $10.7B and total debt of $8.3B, which brings its debt-to-equity ratio to 77.4%. Its total assets and total liabilities are $20.1B and $9.4B respectively. Kimco Realty's EBIT is $649.4M making its interest coverage ratio 2.3. It has cash and short-term investments of $790.0M.
Key information
77.4%
Debt to equity ratio
US$8.32b
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$790.04m |
| Equity | US$10.74b |
| Total liabilities | US$9.39b |
| Total assets | US$20.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KIC's short term assets ($1.1B) exceed its short term liabilities ($354.4M).
Long Term Liabilities: KIC's short term assets ($1.1B) do not cover its long term liabilities ($9.0B).
Debt to Equity History and Analysis
Debt Level: KIC's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: KIC's debt to equity ratio has reduced from 106.3% to 77.4% over the past 5 years.
Debt Coverage: KIC's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: KIC's interest payments on its debt are not well covered by EBIT (2.3x coverage).