Independence Realty Trust (IRT) Debt Ratio (2011 - 2024)
Independence Realty Trust's (IRT) Debt Ratio stood at 0.38 in Q4 2024, down 2.8% from 0.39 a year earlier and down 2.3% from the prior quarter.
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Analysis
Independence Realty Trust (IRT) Debt Ratio (2011 - 2024) Analysis & Trends
Starting with Q2 2011, Independence Realty Trust's Debt Ratio history includes 24 quarters.
- Annual Debt Ratio has declined for four straight years.
- Across earlier years, Debt Ratio came in at 0.39 in FY2023 (-4.1%), 0.40 in FY2022 (-3.1%), 0.42 in FY2021 (-23.7%) and 0.55 in FY2020.
- Quarterly Debt Ratio has ranged from 0.37 in Q1 2024 to 0.55 in Q2 2021 over the past five years.
- On a year-over-year basis, Debt Ratio has declined for five consecutive quarters, with an average decline of 2.7% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 3.6% in Q1 2023, against a decline of 29.0% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.38 (Q3 2024), 0.37 (Q2 2024) and 0.37 (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 0.20 |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 0.00 |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 0.05 |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | - |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | - |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 0.15 |
| 10 | Independence Realty Trust | 3.43 Bn | 3.55 Bn | - | - |
Historic Data
Download Data
Historic 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 |
| Dec 31, 2020 | 0.55 |
| Mar 31, 2016 | 0.70 |
| Dec 31, 2015 | 0.70 |
| Sep 30, 2015 | 0.70 |
| Dec 31, 2014 | 0.60 |
API Access
Independence Realty Trust Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=IRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "IRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=IRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();