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
Kimco: 4% Yield And A Dividend Hike Is On The Cards
Nov 08Kimco: Good Market Dynamics But Fairly Valued
Sep 07Kimco Realty: I Bought This 4.2% Dividend Yield
Aug 26Kimco Realty: A Lack Of Positive Catalysts
Jul 30Kimco Realty: A 5% Yield I Am Piling Excess Cash Into Right Now
Jun 05Kimco 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 10Financial Position Analysis
Short Term Liabilities: KIM's short term assets ($1.1B) exceed its short term liabilities ($354.4M).
Long Term Liabilities: KIM's short term assets ($1.1B) do not cover its long term liabilities ($9.0B).
Debt to Equity History and Analysis
Debt Level: KIM's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: KIM's debt to equity ratio has reduced from 106.3% to 77.4% over the past 5 years.
Debt Coverage: KIM's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: KIM's interest payments on its debt are not well covered by EBIT (2.3x coverage).