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
Kimco Realty: The 6.45% Preferred Shares Remain Attractive
Apr 05Kimco Realty: A Reliable Shopping-Center REIT Providing A 5.1% Yield
Mar 21Kimco Realty: Solid Fundamentals And Potential Double-Digit Upside
Feb 29Kimco Is Benefitting From Favorable Shopping Center Supply/Demand
Feb 16Kimco Realty: Not Shopping Here
Dec 15Kimco: RPT Realty's Preferreds To Get Credit Quality Boost After Acquisition
Nov 27Kimco Realty: 5.1% Yield, 58% Payout Ratio, 12x FFO Multiple
Nov 08Kimco Is Attractive For Income Seeking Investors
Oct 30Kimco Realty: Evaluating After RPT Acquisition Announcement
Oct 08Kimco Realty: 4.8% Yield, Strong Dividend Coverage, And A Catalyst
Sep 19Retail M&A Heats Up With Kimco/RPT Merger
Aug 31Kimco Realty: A Solid Buy In Shopping Center REITs
Aug 15Kimco Realty Corporation: Small Shop Risk Appears Manageable
Jun 12Kimco Realty Stock: Redeveloping A Core REIT Position
May 23Kimco Realty Q4 2022 Earnings Preview
Feb 08Kimco Realty: UPREIT And Away
Jan 13Kimco Realty announces reorganization into UPREIT structure
Dec 15Kimco Realty Q3 2022 Earnings Preview
Oct 26Kimco raises $300M in partial sale of its Albertsons stake
Oct 14Kimco Realty goes ex-dividend today
Sep 08Kimco Realty to redeem in full 3.50% notes due 2023 and 3.125% senior notes due 2023
Aug 10Kimco Realty FFO of $0.40 beats by $0.02, revenue of $427.2M beats by $7.35M
Jul 28Kimco Realty: Secure A Safe And Growing 4% Dividend Check
Jul 04Why Kimco Realty Is A 'No-Brainer' Bear Market Buy
Jun 14Kimco Realty: 3.1% Yield And Potential For Dividend Growth
Apr 03Revisiting Kimco Realty Thesis - And Why It's A 'Hold'
Mar 26Financial Position Analysis
Short Term Liabilities: KIM's short term assets ($1.1B) exceed its short term liabilities ($257.8M).
Long Term Liabilities: KIM's short term assets ($1.1B) do not cover its long term liabilities ($8.3B).
Debt to Equity History and Analysis
Debt Level: KIM's net debt to equity ratio (70.3%) is considered high.
Reducing Debt: KIM's debt to equity ratio has reduced from 89.7% to 78.3% 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 (12.5x coverage).