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| Date | Value |
|---|---|
| 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 |