KREF (KKR Real Estate Finance Trust) Liabilities-to-Assets : 0.83 (As of Mar. 2026)


KREF KKR Real Estate Finance Trust Inc KREF
51 GF Score
Price $7.10
GF Value $7.11
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is KKR Real Estate Finance Trust Liabilities-to-Assets?

KKR Real Estate Finance Trust KREF +0.85% 51 Liabilities-to-Assets is 0.83 as of Mar. 2026. GuruFocus rates KREF with a GF Score™ of 51/100 and a GF Value™ of $7.11 (Fairly Valued). The stock has 3 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. KKR Real Estate Finance Trust's Total Liabilities for the quarter that ended in Mar. 2026 was $5,797.2 Mil. KKR Real Estate Finance Trust's Total Assets for the quarter that ended in Mar. 2026 was $6,950.1 Mil. Therefore, KKR Real Estate Finance Trust's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.83.


KKR Real Estate Finance Trust  (NYSE:KREF) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


KKR Real Estate Finance Trust Liabilities-to-Assets Related Terms


KKR Real Estate Finance Trust Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for KKR Real Estate Finance Trust's Liabilities-to-Assets 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.

KKR Real Estate Finance Trust Liabilities-to-Assets Chart

KKR Real Estate Finance Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.80 0.81 0.78 0.81

KKR Real Estate Finance Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Liabilities-to-Assets Get a 7-Day Free Trial 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 0.79 0.81 0.80 0.81 0.83

KREF vs CMTG, RWT, RC: Liabilities-to-Assets Comparison

For the REIT - Mortgage subindustry, KKR Real Estate Finance Trust's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


KKR Real Estate Finance Trust Liabilities-to-Assets vs REITs Industry

For the REITs industry and Real Estate sector, KKR Real Estate Finance Trust's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where KKR Real Estate Finance Trust's Liabilities-to-Assets falls into.


KREF
51GF Score
KKR Real Estate Finance Trust Inc KREF
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KKR Real Estate Finance Trust Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

KKR Real Estate Finance Trust's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Liabilities-to-Assets (A: Dec. 2025 )=Total Liabilities/Total Assets
=5239.439/6464.643
=0.81

KKR Real Estate Finance Trust's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 is calculated as

Liabilities-to-Assets (Q: Mar. 2026 )=Total Liabilities/Total Assets
=5797.207/6950.095
=0.83

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.83 mean?
KKR Real Estate Finance Trust (KREF) has a Liabilities-to-Assets of 0.83 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on KKR Real Estate Finance Trust and its competitors.
Is KKR Real Estate Finance Trust's Liabilities-to-Assets too high?
KKR Real Estate Finance Trust's current Liabilities-to-Assets is 0.83. Overall, KKR Real Estate Finance Trust has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KKR Real Estate Finance Trust's Liabilities-to-Assets compare to CMTG and RWT?
KKR Real Estate Finance Trust's Liabilities-to-Assets of 0.83 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a REITs company?
A good Liabilities-to-Assets depends on the REITs industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on KKR Real Estate Finance Trust and its competitors. KKR Real Estate Finance Trust's current Liabilities-to-Assets is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KKR Real Estate Finance Trust stock overvalued right now?
Based on GuruFocus' analysis, KKR Real Estate Finance Trust (KREF) is currently considered Fairly Valued. The stock's GF Value™ is $7.11, compared to a current price of $7.10 — trading 0.1% below its estimated fair value. The current Liabilities-to-Assets is 0.83. KKR Real Estate Finance Trust's overall GF Score™ is 51/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For KKR Real Estate Finance Trust (KREF), the current Liabilities-to-Assets is 0.83 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is KKR Real Estate Finance Trust (KREF) Overvalued in 2026?

Based on GuruFocus' analysis, KKR Real Estate Finance Trust stock appears to be undervalued. The current stock price of $7.10 is trading 0.1% below its estimated GF Value™ of $7.11. GuruFocus considers KKR Real Estate Finance Trust to be Fairly Valued.

Key valuation signals for KREF:

  • Liabilities-to-Assets: 0.83
  • GF Value™: $7.11 vs. price of $7.10 (0.1% below fair value)
  • GF Score™: 51/100 with 3 warning signs

No single metric tells the full story. See the KREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KKR Real Estate Finance Trust Business Description

Industry Real EstateREITs
Other Exchanges KREFpA.PFD:USA8KR:Germany
Address 30 Hudson Yards, Suite 7500, New York, NY, USA, 10001
KKR Real Estate Finance Trust Inc is a real estate finance company that focuses on originating and acquiring senior mortgage loans secured by CRE assets. The investment is to originate or acquire senior mortgage loans collateralized by institutional-quality CRE assets that are owned and operated by experienced and well-capitalized sponsors and located in liquid markets with underlying fundamentals. KKR manages investments across multiple asset classes, including private equity, real estates, energy, infrastructure, credit, and hedge funds. The company's investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, through dividends.
51GF Score

Get the complete analysis for KREF

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.10
Price
$7.11
GF Value