Independence Realty Trust (IRT) Debt Ratio (2011 - 2024)

Independence Realty Trust (IRT) recorded quarterly Debt Ratio of 0.38 in Q4 2024, down 2.33% quarter-over-quarter from 0.38 in Q3 2024, and down 2.83% on a YoY basis from 0.39 in Q1 2024.

Independence Realty Trust (IRT) Debt Ratio (2011 - 2024) Analysis & Trends

Independence Realty Trust's Debt Ratio history runs 13 years deep, the most recent figure standing at 0.38 for Q4 2024.

  • In Q4 2024, Debt Ratio fell 2.83% year-over-year to 0.38; the TTM figure through Dec 2024 stood at 0.38 (down 2.83% YoY), while the FY2024 annual figure was 0.38, down 2.83% from the prior year.
  • Debt Ratio was 0.38 for Q4 2024 at Independence Realty Trust, down from 0.38 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.57 in Q4 2020 to a low of 0.03 in Q3 2020.
  • Historically, Debt Ratio has averaged 0.36 across 5 years, with a median of 0.39 in 2022.
  • The sharpest annual moves came in 2020 and 2022: Debt Ratio jumped 11622.23% in 2020, then slipped 29.03% in 2022.
  • A 5-year view of Debt Ratio shows it stood at 0.57 in 2020, then fell by 27.44% to 0.42 in 2021, then decreased by 3.1% to 0.4 in 2022, then slipped by 4.09% to 0.39 in 2023, then dropped by 2.83% to 0.38 in 2024.
  • The last three Debt Ratio figures came in at 0.38 (Q4 2024), 0.38 (Q3 2024), and 0.37 (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Avalonbay Communities 24.79 Bn 25.01 Bn - -
2 Equity Residential 24.35 Bn 24.48 Bn - 0.08
3 Invitation Homes 17.23 Bn 17.27 Bn 694.98 Mn 0.24
4 Mid America Apartment Communities 15.51 Bn 15.59 Bn 537.05 Mn 0.03
5 Sun Communities 14.54 Bn 14.65 Bn 491.20 Mn 0.14
6 American Homes 4 Rent 13.37 Bn 13.94 Bn - -
7 Udr 12.30 Bn 12.30 Bn 416.43 Mn 0.09
8 Equity Lifestyle Properties 12.06 Bn 12.12 Bn 393.79 Mn 0.02
9 Camden Property Trust 11.45 Bn 11.53 Bn - 0.04
10 Independence Realty Trust 3.73 Bn 3.86 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 0.38
Sep 30, 2024 0.38
Jun 30, 2024 0.37
Mar 31, 2024 0.37
Dec 31, 2023 0.39
Sep 30, 2023 0.41
Jun 30, 2023 0.40
Mar 31, 2023 0.40
Dec 31, 2022 0.40
Sep 30, 2022 0.40
Jun 30, 2022 0.39
Mar 31, 2022 0.39
Dec 31, 2021 0.42
Sep 30, 2021 0.54
Jun 30, 2021 0.55
Mar 31, 2021 0.04
Dec 31, 2020 0.57
Sep 30, 2020 0.03
Jun 30, 2020 0.04
Dec 31, 2019 0.00