Kite Realty Group Trust (FRA:FGC1) LT-Debt-to-Total-Asset : 0.47 (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Kite Realty Group Trust LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Kite Realty Group Trust's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.47.

Kite Realty Group Trust's long-term debt to total assets ratio increased from Mar. 2023 (0.43) to Mar. 2024 (0.47). It may suggest that Kite Realty Group Trust is progressively becoming more dependent on debt to grow their business.

Kite Realty Group Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kite Realty Group Trust's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kite Realty Group Trust LT-Debt-to-Total-Asset Chart

Kite Realty Group Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.46

0.47

0.44

0.45

0.44

Kite Realty Group Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.43	0.44	0.44	0.44	0.47

Kite Realty Group Trust LT-Debt-to-Total-Asset Calculation

Kite Realty Group Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	2803.797	/	6367.72
	=	0.44

Kite Realty Group Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	3119.237	/	6628.134
	=	0.47

Kite Realty Group Trust (FRA:FGC1) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Kite Realty Group Trust LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Kite Realty Group Trust's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Kite Realty Group Trust (FRA:FGC1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Kite Realty Group Trust (FRA:FGC1) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

KRG:USA

Address

30 South Meridian Street, Suite 1100, Indianapolis, IN, USA, 46204

Website

https://www.kiterealty.com

Kite Realty Group Trust that owns mainly community shopping centers concentrated in Indiana (39% of base rent), Florida (10.9%), Maryland (6.8%), New York (6%), North Carolina (5.4%) and Texas (25.7%). At year-end 2022, Kite owned interests in 183 retail operating properties and three commercial properties, representing 8.9 million of gross leasable area. It also had eight properties under development or redevelopment.

Kite Realty Group Trust (FRA:FGC1) Headlines

No Headlines