Kimco Realty Balance Sheet Health
Financial Health criteria checks 2/6
Kimco Realty has a total shareholder equity of $10.8B and total debt of $7.7B, which brings its debt-to-equity ratio to 71.1%. Its total assets and total liabilities are $19.5B and $8.7B respectively. Kimco Realty's EBIT is $624.8M making its interest coverage ratio 2.3. It has cash and short-term investments of $127.6M.
Key information
71.1%
Debt to equity ratio
US$7.67b
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$127.56m |
| Equity | US$10.80b |
| Total liabilities | US$8.71b |
| Total assets | US$19.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KIM *'s short term assets ($434.3M) exceed its short term liabilities ($258.5M).
Long Term Liabilities: KIM *'s short term assets ($434.3M) do not cover its long term liabilities ($8.4B).
Debt to Equity History and Analysis
Debt Level: KIM *'s net debt to equity ratio (69.9%) is considered high.
Reducing Debt: KIM *'s debt to equity ratio has reduced from 91% to 71.1% over the past 5 years.
Debt Coverage: KIM *'s debt is not well covered by operating cash flow (11.8%).
Interest Coverage: KIM *'s interest payments on its debt are not well covered by EBIT (2.3x coverage).