Independence Realty Trust (IRT) Debt Ratio (2011 - 2024)
Independence Realty Trust's quarterly Debt Ratio came in at 0.38 in Q4 2024, down 2.83% year-on-year from 0.39 in Q1 2024, and down 2.33% quarter-over-quarter from 0.38 in Q3 2024.
Independence Realty Trust has reported Debt Ratio for 13 years, with the latest figure at 0.38 in Q4 2024.
- For the quarter ending Q4 2024, Debt Ratio fell 2.83% year-over-year to 0.38; the trailing twelve-month figure through Dec 2024 stood at 0.38 (down 2.83% YoY), and the FY2024 full-year result was 0.38, down 2.83% 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 0.57 in Q4 2020, with the low at 0.03 in Q3 2020.
- Average Debt Ratio over 5 years is 0.36, with a median of 0.39 recorded in 2022.
- Year-over-year, Debt Ratio soared 11622.23% in 2020 and declined 29.03% in 2022.
- Tracing IRT's Debt Ratio over 5 years: stood at 0.57 in 2020, then retreated by 27.44% to 0.42 in 2021, then slipped by 3.1% to 0.4 in 2022, then dropped by 4.09% to 0.39 in 2023, then declined 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 | 25.91 Bn | 26.13 Bn | - | - |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | 0.08 |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 0.24 |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 0.14 |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 0.03 |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | - |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 0.09 |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 0.02 |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | 0.04 |
| 10 | Independence Realty Trust | 3.99 Bn | 4.11 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 |
| Dec 31, 2018 | 0.00 |
| Dec 31, 2017 | 0.00 |
| Dec 31, 2016 | 0.00 |
| Jun 30, 2016 | 0.00 |
| Mar 31, 2016 | 0.70 |
| Dec 31, 2015 | 0.70 |
| Sep 30, 2015 | 0.70 |
| Dec 31, 2014 | 0.60 |
| Mar 31, 2012 | 0.61 |
| Dec 31, 2011 | 0.63 |
| Sep 30, 2011 | 0.62 |
| Jun 30, 2011 | 0.62 |