Kimco Realty Balance Sheet Health
Financial Health criteria checks 3/6
Kimco Realty has a total shareholder equity of $9.7B and total debt of $7.6B, which brings its debt-to-equity ratio to 78.3%. Its total assets and total liabilities are $18.3B and $8.5B respectively. Kimco Realty's EBIT is $593.7M making its interest coverage ratio 12.5. It has cash and short-term investments of $783.8M.
Key information
78.3%
Debt to equity ratio
US$7.62b
Debt
| Interest coverage ratio | 12.5x |
| Cash | US$783.76m |
| Equity | US$9.73b |
| Total liabilities | US$8.55b |
| Total assets | US$18.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KIM.PRM's short term assets ($1.1B) exceed its short term liabilities ($257.8M).
Long Term Liabilities: KIM.PRM's short term assets ($1.1B) do not cover its long term liabilities ($8.3B).
Debt to Equity History and Analysis
Debt Level: KIM.PRM's net debt to equity ratio (70.3%) is considered high.
Reducing Debt: KIM.PRM's debt to equity ratio has reduced from 89.7% to 78.3% over the past 5 years.
Debt Coverage: KIM.PRM's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: KIM.PRM's interest payments on its debt are well covered by EBIT (12.5x coverage).