In addition, Kimco's active development and redevelopment pipeline is encouraging. Balance Sheet Strength: The company maintains a solid balance-sheet position with ample liquidity. It exited third-quarter 2022 with $2 billion of immediate liquidity and a net debt to EBITDA of 5.9X. KIM also enjoys investment-grade credit ratings of BBB+ from S&P Global Ratings and Baa1 from Moody's, giving it favorable access to the debt market. Its well-laddered debt maturity schedule and strong financial flexibility have positioned it well to capitalize on long-term growth opportunities.