Kimco Realty Balance Sheet Health
Financial Health criteria checks 3/6
Kimco Realty has a total shareholder equity of $9.9B and total debt of $7.2B, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are $18.0B and $8.1B respectively. Kimco Realty's EBIT is $577.3M making its interest coverage ratio 30.4. It has cash and short-term investments of $329.2M.
Key information
72.4%
Debt to equity ratio
US$7.15b
Debt
Interest coverage ratio | 30.4x |
Cash | US$329.18m |
Equity | US$9.88b |
Total liabilities | US$8.08b |
Total assets | US$17.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KIM *'s short term assets ($636.2M) exceed its short term liabilities ($208.4M).
Long Term Liabilities: KIM *'s short term assets ($636.2M) do not cover its long term liabilities ($7.9B).
Debt to Equity History and Analysis
Debt Level: KIM *'s net debt to equity ratio (69.1%) is considered high.
Reducing Debt: KIM *'s debt to equity ratio has reduced from 92.4% to 72.4% over the past 5 years.
Debt Coverage: KIM *'s debt is not well covered by operating cash flow (14.1%).
Interest Coverage: KIM *'s interest payments on its debt are well covered by EBIT (30.4x coverage).