What is SITE Centers Corporation's impairment charges?

SITE Centers Corporation (SITC) reported impairment charges of $17.45M in Q1 2026.

What does impairment charges mean?

Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.

SITE Centers Corporation SITC Impairment Charges

Impairment Charges at other companies

Kimco RealtyKIM

$50K-90.6%

Other financials

Income statement

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Revenue$13.0M-69.5%

Net income$938.0K-69.6%

EPS (diluted)$0.02-66.7%

Balance sheet

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Cash & equivalents$193.5M+233%

Total debt$34.3M-89.8%

Total equity$336.0M-35.3%

Total assets$401.9M-56.8%

Cash flow

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Operating cash flow-$4.3M-175%

Valuation

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Market cap$235.61M-65.4%

P/E1.3×-0.5×

P/S2.5×-1.5×

Profitability

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Net margin186.8%-62.8pp

Returns & leverage

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Return on equity41.1%-1.6pp

Debt / equity0.1×-0.5×

Where this comes from

Reported directly by SITE Centers Corporation in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The official record: SITE Centers Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SITE Centers Corporation's impairment charges?: SITE Centers Corporation (SITC) reported impairment charges of $17.45M in Q1 2026.
What does impairment charges mean?: Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.