• Kimco Realty average debt/equity ratio for 2023 was 0.75, a 1.35% increase from 2022.
• Kimco Realty average debt/equity ratio for 2022 was 0.74, a 10.84% increase from 2021.
• Kimco Realty average debt/equity ratio for 2021 was 0.83, a 17.82% decline from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.