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
DateValue
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