Kite Realty Group Trust Balance Sheet Health

Financial Health criteria checks 3/6

Kite Realty Group Trust has a total shareholder equity of $3.4B and total debt of $3.2B, which brings its debt-to-equity ratio to 94.1%. Its total assets and total liabilities are $7.1B and $3.7B respectively. Kite Realty Group Trust's EBIT is $164.3M making its interest coverage ratio 1.4. It has cash and short-term investments of $127.7M.

Key information

94.1%

Debt to equity ratio

US$3.24b

Debt

Interest coverage ratio1.4x
CashUS$127.74m
EquityUS$3.45b
Total liabilitiesUS$3.68b
Total assetsUS$7.13b

Recent financial health updates

No updates

Recent updates

Kite Realty Group: Balanced Growth And Risk Prospects (Rating Downgrade)

Nov 20

Kite Realty Group: Evaluating Risks Amid Potential

Oct 23

Kite Realty Group: Evaluating Market Perception Vs. Intrinsic Value

Aug 09

Kite Realty: Near 52-Week Low With 5% Yield Makes It A Buy

Apr 16

Kite Realty: The Yield Is Low, But There Is Potential Here

Feb 03

Kite Realty's Mark-To-Market Growth Is Not Priced In

Nov 28

Kite Realty: Why This REIT Is A Top Pick For Income Investors

Nov 20

Kite Realty: Get It While It's Hot

Sep 07

Kite Realty: Undervalued And Underappreciated

Jun 23

Kite Realty Q4 2022 Earnings Preview

Feb 12

Kite Realty: Quality Shopping Centers At A Discount

Jan 29

Kite Realty: An Overlooked REIT Set To Deliver

Dec 27

Kite Realty upgraded to Buy at BofA on leasing strength, Sunbelt exposure

Nov 09

Kite Realty: Market Is Overlooking Its Potential

Oct 14

Kite Realty declares $0.22 dividend

Aug 10

Kite Realty FFO of $0.49 beats by $0.06, revenue of $202.61M beats by $14.07M

Aug 02

Kite Realty Group Trust: A Sunbelt REIT With Attractive Upside

Jul 19

Financial Position Analysis

Short Term Liabilities: KRG's short term assets ($767.8M) exceed its short term liabilities ($189.1M).

Long Term Liabilities: KRG's short term assets ($767.8M) do not cover its long term liabilities ($3.5B).


Debt to Equity History and Analysis

Debt Level: KRG's net debt to equity ratio (90.4%) is considered high.

Reducing Debt: KRG's debt to equity ratio has increased from 90.4% to 94.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable KRG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: KRG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.1% per year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 03:04
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Kite Realty Group Trust is covered by 30 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wesley GolladayBaird
Anthony PowellBarclays
Anthony PowellBarclays