Independence Realty Trust (IRT) Debt to Equity (2011 - 2024)

Independence Realty Trust (IRT) recorded quarterly Debt to Equity of $0.64 in Q4 2024, down 2.93% quarter-over-quarter from $0.66 in Q3 2024, and down 6.48% on a YoY basis from $0.68 in Q1 2024.

Independence Realty Trust (IRT) Debt to Equity (2011 - 2024) Analysis & Trends

Independence Realty Trust's Debt to Equity history runs 13 years deep, the most recent figure standing at $0.64 for Q4 2024.

  • In Q4 2024, Debt to Equity fell 6.48% year-over-year to $0.64; the TTM figure through Dec 2024 stood at $0.64 (down 6.48% YoY), while the FY2024 annual figure was $0.64, down 6.48% from the prior year.
  • Debt to Equity was $0.64 for Q4 2024 at Independence Realty Trust, down from $0.66 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.39 in Q4 2020 to a low of $0.08 in Q3 2020.
  • Historically, Debt to Equity has averaged $0.7 across 5 years, with a median of $0.68 in 2022.
  • The sharpest annual moves came in 2020 and 2022: Debt to Equity jumped 10526.12% in 2020, then slumped 50.93% in 2022.
  • A 5-year view of Debt to Equity shows it stood at $1.39 in 2020, then tumbled by 46.74% to $0.74 in 2021, then dropped by 5.22% to $0.7 in 2022, then decreased by 3.37% to $0.68 in 2023, then slipped by 6.48% to $0.64 in 2024.
  • The last three Debt to Equity figures came in at $0.64 (Q4 2024), $0.66 (Q3 2024), and $0.62 (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Avalonbay Communities 24.79 Bn 25.01 Bn - -
2 Equity Residential 24.35 Bn 24.48 Bn - 0.14
3 Invitation Homes 17.23 Bn 17.27 Bn 694.98 Mn 0.48
4 Mid America Apartment Communities 15.51 Bn 15.59 Bn 537.05 Mn 0.06
5 Sun Communities 14.54 Bn 14.65 Bn 491.20 Mn 0.26
6 American Homes 4 Rent 13.37 Bn 13.94 Bn - -
7 Udr 12.30 Bn 12.30 Bn 416.43 Mn 0.29
8 Equity Lifestyle Properties 12.06 Bn 12.12 Bn 393.79 Mn 0.05
9 Camden Property Trust 11.45 Bn 11.53 Bn - 0.08
10 Independence Realty Trust 3.73 Bn 3.86 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 0.64
Sep 30, 2024 0.66
Jun 30, 2024 0.62
Mar 31, 2024 0.62
Dec 31, 2023 0.68
Sep 30, 2023 0.73
Jun 30, 2023 0.71
Mar 31, 2023 0.71
Dec 31, 2022 0.70
Sep 30, 2022 0.71
Jun 30, 2022 0.68
Mar 31, 2022 0.67
Dec 31, 2021 0.74
Sep 30, 2021 1.33
Jun 30, 2021 1.39
Mar 31, 2021 0.09
Dec 31, 2020 1.39
Sep 30, 2020 0.08
Jun 30, 2020 0.12
Dec 31, 2019 0.01