Non-Current Liabilities

Secured Debt

KKR Real Estate Finance Trust Secured Debt decreased by 0.2% to $631.48M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.8%, from $535.92M to $631.48M. Over 5 years (FY 2020 to FY 2025), Secured Debt shows an upward trend with a 17.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2016
Last reportedQ1 2026Apr 22, 2026

How to read this metric

Higher levels of secured debt may indicate limited access to unsecured credit markets or a strategy to lower interest costs by pledging collateral.

Detailed definition

This refers to debt obligations backed by specific company assets pledged as collateral. In the event of default, credit...

Peer comparison

Commonly used by industrial companies to finance heavy equipment or large-scale infrastructure projects.

Metric ID: secured_debt

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$287.42M$287.05M$338.55M$337.97M$337.61M$337.18M$336.83M$336.46M$336.11M$335.68M$335.33M$334.98M$334.62M$334.19M$333.85M$535.92M$535.05M$633.54M$632.52M$631.48M
QoQ Change-0.1%+17.9%-0.2%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%+60.5%-0.2%+18.4%-0.2%-0.2%
YoY Change+17.5%+17.5%-0.5%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%+60.0%+59.9%+89.6%+89.5%+17.8%
Range$287.05M$633.54M
CAGR+18.0%
Avg YoY Growth+21.7%
Median YoY Growth-0.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is KKR Real Estate Finance Trust's secured debt?
KKR Real Estate Finance Trust (KREF) reported secured debt of $631.48M in Q1 2026.
How has KKR Real Estate Finance Trust's secured debt changed year-over-year?
KKR Real Estate Finance Trust's secured debt increased by 17.8% year-over-year, from $535.92M to $631.48M.
What is the long-term trend for KKR Real Estate Finance Trust's secured debt?
Over 5 years (2020 to 2025), KKR Real Estate Finance Trust's secured debt has grown at a 17.0% compound annual growth rate (CAGR), from $288.03M to $632.52M.
What does secured debt mean?
Debt that is backed by specific assets the company owns.