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Kimco Realty (Kimco Realty) Debt-to-EBITDA

: 6.09 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Kimco Realty's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Kimco Realty's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7,726.78 Mil. Kimco Realty's annualized EBITDA for the quarter that ended in Dec. 2023 was $1,269.44 Mil. Kimco Realty's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.09.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Kimco Realty's Debt-to-EBITDA or its related term are showing as below:

KIMPRHCL.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.88   Med: 6.98   Max: 9.37
Current: 5.5

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kimco Realty was 9.37. The lowest was 3.88. And the median was 6.98.

KIMPRHCL.PFD's Debt-to-EBITDA is ranked better than
64.38% of 511 companies
in the REITs industry
Industry Median: 7.15 vs KIMPRHCL.PFD: 5.50

Kimco Realty Debt-to-EBITDA Historical Data

The historical data trend for Kimco Realty's Debt-to-EBITDA 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.

Kimco Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.05 3.88 5.65 9.37 5.51

Kimco Realty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.16 3.74 5.81 6.25 6.09

Competitive Comparison

For the REIT - Retail subindustry, Kimco Realty's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kimco Realty Debt-to-EBITDA Distribution

For the REITs industry and Real Estate sector, Kimco Realty's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kimco Realty's Debt-to-EBITDA falls into.



Kimco Realty Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Kimco Realty's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 7726.781) / 1401.38
=5.51

Kimco Realty's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 7726.781) / 1269.44
=6.09

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


Kimco Realty  (NYSE:KIMPRHCL.PFD) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Kimco Realty Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Kimco Realty's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Kimco Realty (Kimco Realty) Business Description

Address
500 North Broadway, Suite 201, Jericho, NY, USA, 11753
One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 5,282 shopping centers throughout major markets in the U.S., representing roughly 77 million square feet.