What is KIP Real Estate Investment Trust Financial Strength?
KIP Real Estate Investment Trust has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
KIP Real Estate Investment Trust displays poor financial strength. Usually, this is caused by too much debt for the company.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
KIP Real Estate Investment Trust's Interest Coverage for the quarter that ended in Sep. 2024 was 2.98.
KIP Real Estate Investment Trust's debt to revenue ratio for the quarter that ended in Sep. 2024 was 4.23.
As of today, KIP Real Estate Investment Trust's Altman Z-Score is 1.32.
Competitive Comparison of KIP Real Estate Investment Trust's Financial Strength
For the REIT - Retail subindustry, KIP Real Estate Investment Trust's Financial Strength, along with its competitors' market caps and Financial Strength 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.
KIP Real Estate Investment Trust's Financial Strength Distribution in the REITs Industry
For the REITs industry and Real Estate sector, KIP Real Estate Investment Trust's Financial Strength distribution charts can be found below:
* The bar in red indicates where KIP Real Estate Investment Trust's Financial Strength falls into.
KIP Real Estate Investment Trust Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
KIP Real Estate Investment Trust has a Z-score of 1.32, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 1.32 is in distress zone. This implies bankruptcy possibility in the next two years.
* 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.
KIP Real Estate Investment Trust (XKLS:5280) Financial Strength Explanation
The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.
KIP Real Estate Investment Trust has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
KIP Real Estate Investment Trust Financial Strength Related Terms
Thank you for viewing the detailed overview of KIP Real Estate Investment Trust's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
KIP Real Estate Investment Trust Business Description
KIP Real Estate Investment Trust is a real estate investment trust. The company is engaged in the investment policy of investing, directly or indirectly in a portfolio of income-producing real estate used for retail purposes. The company's key objective is to provide unitholders with regular and stable distributions, sustainable long term Unit price and distributable income and capital growth while maintaining an appropriate capital structure. Some of its properties include AEON Mall Kinta City, KIPMall Kota Tinggi, and Other. The geographical segments of the company includes the Southern region, Northern Region, and Central region. The company generates maximum revenue from the Southern region segment.
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