Kite Realty Group Trust Balance Sheet Health
Financial Health criteria checks 1/6
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 94.7%. Its total assets and total liabilities are $7.1B and $3.7B respectively. Kite Realty Group Trust's EBIT is $178.5M making its interest coverage ratio 1.4. It has cash and short-term investments of $138.7M.
Key information
94.7%
Debt to equity ratio
US$3.23b
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$138.66m |
| Equity | US$3.41b |
| Total liabilities | US$3.68b |
| Total assets | US$7.09b |
Recent financial health updates
No updates
Recent updates
Kite Realty: Top-Tier REIT With A Superior Balance Sheet And Sunbelt Focus
Feb 10Kite Realty Group: Balanced Growth And Risk Prospects (Rating Downgrade)
Nov 20Kite Realty Group: Evaluating Risks Amid Potential
Oct 23Kite Realty Group: Evaluating Market Perception Vs. Intrinsic Value
Aug 09Kite Realty: Near 52-Week Low With 5% Yield Makes It A Buy
Apr 16Kite Realty: The Yield Is Low, But There Is Potential Here
Feb 03Kite Realty's Mark-To-Market Growth Is Not Priced In
Nov 28Kite Realty: Why This REIT Is A Top Pick For Income Investors
Nov 20Kite Realty: Get It While It's Hot
Sep 07Kite Realty: Undervalued And Underappreciated
Jun 23Kite Realty Q4 2022 Earnings Preview
Feb 12Kite Realty: Quality Shopping Centers At A Discount
Jan 29Kite Realty: An Overlooked REIT Set To Deliver
Dec 27Kite Realty upgraded to Buy at BofA on leasing strength, Sunbelt exposure
Nov 09Kite Realty: Market Is Overlooking Its Potential
Oct 14Kite Realty declares $0.22 dividend
Aug 10Financial Position Analysis
Short Term Liabilities: KRG's short term assets ($787.5M) exceed its short term liabilities ($657.7M).
Long Term Liabilities: KRG's short term assets ($787.5M) do not cover its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: KRG's net debt to equity ratio (90.6%) is considered high.
Reducing Debt: KRG's debt to equity ratio has increased from 86.7% to 94.7% over the past 5 years.
Debt Coverage: KRG's debt is not well covered by operating cash flow (13%).
Interest Coverage: KRG's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 10:10 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Kite Realty Group Trust is covered by 29 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wesley Golladay | Baird |
| Anthony Powell | Barclays |
| Anthony Powell | Barclays |