Independence Realty Trust (IRT) Debt Ratio (2011 - 2024)
Independence Realty Trust's (IRT) quarterly Debt Ratio came in at 0.38 in 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.
- On a quarterly basis, Debt Ratio changed N/A year-over-year to 0.38 in Q4 2024; TTM through Dec 2024 was 0.38, a N/A change from a year earlier, with the FY2024 full-year figure at 0.38, changed N/A from the prior year.
- Debt Ratio fell to 0.38 in Q4 2024 per IRT's latest filing, from 0.38 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.64 in Q4 2020 and bottomed at 0.11 in Q1 2020.
- The 5-year median for Debt Ratio is 0.4 (2023), against an average of 0.44.
- Across the five-year window, Debt Ratio tumbled 71.16% in 2020 and soared 428.36% in 2021, its largest moves.
- Year by year, Debt Ratio stood at 0.64 in 2020, then sank by 34.91% to 0.42 in 2021, then decreased by 3.1% to 0.4 in 2022, then gained by 0.95% to 0.41 in 2023, then decreased by 7.67% to 0.38 in 2024.
- Per Business Quant, the three latest IRT Debt Ratio figures stand at 0.38 (Q4 2024), 0.38 (Q3 2024), and 0.37 (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.48 Bn | 26.48 Bn | - | 0.36 |
| 2 | Equity Residential | 25.80 Bn | 25.80 Bn | - | 0.08 |
| 3 | Invitation Homes | 18.05 Bn | 18.05 Bn | 694.98 Mn | 0.07 |
| 4 | Mid America Apartment Communities | 15.67 Bn | 15.54 Bn | 537.05 Mn | 0.42 |
| 5 | Sun Communities | 14.96 Bn | 14.96 Bn | 491.20 Mn | 0.14 |
| 6 | Udr | 13.01 Bn | 12.98 Bn | 416.43 Mn | 0.46 |
| 7 | Equity Lifestyle Properties | 12.85 Bn | 12.85 Bn | 378.95 Mn | 0.08 |
| 8 | American Homes 4 Rent | 12.22 Bn | 12.22 Bn | - | 0.03 |
| 9 | Camden Property Trust | 11.94 Bn | 11.94 Bn | - | 0.04 |
| 10 | Independence Realty Trust | 3.93 Bn | 3.93 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 |