Independence Realty Trust (IRT) Debt Ratio (2011 - 2024)
Independence Realty Trust (IRT) posted quarterly Debt Ratio of 0.38 for Q4 2024, down 2.33% quarter-over-quarter from 0.38 in Q3 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 changed N/A year-over-year to 0.38; the TTM figure through Dec 2024 stood at 0.38 (changed N/A YoY), while the FY2024 annual figure was 0.38, changed N/A from the prior year.
- Debt Ratio for Q4 2024 stood at 0.38, down from 0.38 in the prior quarter.
- The five-year high for Debt Ratio was 0.64 in Q4 2020, with the low at 0.11 in Q1 2020.
- The 5-year median for Debt Ratio is 0.4 (2023), against an average of 0.44.
- The sharpest annual moves came in 2020 and 2021: Debt Ratio slumped 71.16% in 2020, then soared 428.36% in 2021.
- Independence Realty Trust's Debt Ratio stood at 0.64 in 2020, then slumped by 34.91% to 0.42 in 2021, then retreated by 3.1% to 0.4 in 2022, then rose by 0.95% to 0.41 in 2023, then retreated by 7.67% to 0.38 in 2024.
- Business Quant data shows IRT's Debt Ratio at 0.38 in Q4 2024, 0.38 in Q3 2024, and 0.37 in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 0.33 |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | 0.30 |
| 3 | Invitation Homes | 17.84 Bn | 17.84 Bn | 705.34 Mn | 0.24 |
| 4 | Mid America Apartment Communities | 15.28 Bn | 15.15 Bn | 537.17 Mn | 0.44 |
| 5 | Sun Communities | 14.91 Bn | 14.91 Bn | 460.10 Mn | 0.16 |
| 6 | Equity Lifestyle Properties | 12.61 Bn | 12.61 Bn | 375.97 Mn | 0.47 |
| 7 | American Homes 4 Rent | 12.35 Bn | 12.35 Bn | - | 0.36 |
| 8 | Udr | 12.14 Bn | 12.14 Bn | 412.43 Mn | 0.48 |
| 9 | Camden Property Trust | 11.02 Bn | 11.02 Bn | - | 0.48 |
| 10 | Independence Realty Trust | 3.91 Bn | 3.91 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.38 |
| Sep 30, 2024 | 0.38 |
| Jun 30, 2024 | 0.37 |
| Mar 31, 2024 | 0.38 |
| Sep 30, 2023 | 0.41 |
| Jun 30, 2023 | 0.41 |
| Mar 31, 2023 | 0.40 |
| Dec 31, 2022 | 0.40 |
| Sep 30, 2022 | 0.40 |
| Jun 30, 2022 | 0.39 |
| Mar 31, 2022 | 0.40 |
| Dec 31, 2021 | 0.42 |
| Sep 30, 2021 | 0.54 |
| Jun 30, 2021 | 0.55 |
| Mar 31, 2021 | 0.57 |
| Dec 31, 2020 | 0.64 |
| Sep 30, 2020 | 0.63 |
| Jun 30, 2020 | 0.59 |
| Mar 31, 2020 | 0.11 |
| Dec 31, 2019 | 0.60 |