Kite Realty Group Trust Balance Sheet Health
Financial Health criteria checks 2/6
Kite Realty Group Trust has a total shareholder equity of $3.6B and total debt of $2.8B, which brings its debt-to-equity ratio to 77.9%. Its total assets and total liabilities are $6.9B and $3.3B respectively. Kite Realty Group Trust's EBIT is $130.1M making its interest coverage ratio 1.2. It has cash and short-term investments of $59.5M.
Key information
77.9%
Debt to equity ratio
US$2.84b
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$59.48m |
| Equity | US$3.64b |
| Total liabilities | US$3.30b |
| Total assets | US$6.94b |
Recent financial health updates
No updates
Recent updates
Kite 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 10Kite Realty FFO of $0.49 beats by $0.06, revenue of $202.61M beats by $14.07M
Aug 02Kite Realty Group Trust: A Sunbelt REIT With Attractive Upside
Jul 19Kite Realty: Fly High With This Discounted REIT
Jun 24Kite Realty Group: Post-Merger Value Assimilation In The Grocery Space
Mar 23Kite And Retail Properties Of America - A Great Match
Sep 02Kite Realty Group Trust: You Can Find Better
May 09Increases to CEO Compensation Might Be Put On Hold For Now at Kite Realty Group Trust (NYSE:KRG)
May 06
Financial Position Analysis
Short Term Liabilities: KRG's short term assets ($272.6M) exceed its short term liabilities ($212.4M).
Long Term Liabilities: KRG's short term assets ($272.6M) do not cover its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: KRG's net debt to equity ratio (76.3%) is considered high.
Reducing Debt: KRG's debt to equity ratio has reduced from 106.3% to 77.9% over the past 5 years.
Debt Coverage: KRG's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: KRG's interest payments on its debt are not well covered by EBIT (1.2x coverage).