Independence Realty Trust (IRT) Debt to Equity (2011 - 2024)
Independence Realty Trust's quarterly Debt to Equity came in at $0.64 in Q4 2024, down 6.48% year-on-year from $0.68 in Q1 2024, and down 2.93% quarter-over-quarter from $0.66 in Q3 2024.
Independence Realty Trust has reported Debt to Equity for 13 years, with the latest figure at $0.64 in Q4 2024.
- For the quarter ending Q4 2024, Debt to Equity fell 6.48% year-over-year to $0.64; the trailing twelve-month figure through Dec 2024 stood at $0.64 (down 6.48% YoY), and the FY2024 full-year result was $0.64, down 6.48% from the prior year.
- Debt to Equity for Q4 2024 stood at $0.64, down from $0.66 in the prior quarter.
- The five-year high for Debt to Equity was $1.39 in Q4 2020, with the low at $0.08 in Q3 2020.
- Average Debt to Equity over 5 years is $0.7, with a median of $0.68 recorded in 2022.
- Year-over-year, Debt to Equity soared 10526.12% in 2020 and slumped 50.93% in 2022.
- Tracing IRT's Debt to Equity over 5 years: stood at $1.39 in 2020, then slumped by 46.74% to $0.74 in 2021, then declined by 5.22% to $0.7 in 2022, then slipped by 3.37% to $0.68 in 2023, then dropped 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 | 25.91 Bn | 26.13 Bn | - | - |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | 0.14 |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 0.48 |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 0.26 |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 0.06 |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | - |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 0.29 |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 0.05 |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | 0.08 |
| 10 | Independence Realty Trust | 3.99 Bn | 4.11 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2018 | 0.01 |
| Dec 31, 2017 | 0.01 |
| Dec 31, 2016 | 0.01 |
| Jun 30, 2016 | 0.00 |
| Mar 31, 2016 | 2.47 |
| Dec 31, 2015 | 2.48 |
| Sep 30, 2015 | 2.70 |
| Dec 31, 2014 | 1.59 |
| Mar 31, 2012 | 26.40 |
| Dec 31, 2011 | 1.75 |
| Sep 30, 2011 | 547.25 |
| Jun 30, 2011 | 1.68 |