Independence Realty Trust (IRT) Interest Coverage Ratio (2011 - 2024)
Independence Realty Trust (IRT) posted quarterly Interest Coverage Ratio of 1.87 for Q4 2024, up 39.82% year-over-year from 1.34 in Q1 2024, and up 15.24% quarter-over-quarter from 1.62 in Q3 2024.
Independence Realty Trust (IRT) Interest Coverage Ratio (2011 - 2024) Analysis & Trends
Independence Realty Trust's Interest Coverage Ratio history runs 12 years deep, the most recent figure standing at 1.87 for Q4 2024.
- In Q4 2024, Interest Coverage Ratio rose 39.82% year-over-year to 1.87; the TTM figure through Dec 2024 stood at 1.77 (up 42.64% YoY), while the FY2024 annual figure was 1.51, down 0.82% from the prior year.
- Interest Coverage Ratio for Q4 2024 stood at 1.87, up from 1.62 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 1.87 in Q4 2024, with the low at 0.73 in Q1 2020.
- The 3-year median for Interest Coverage Ratio is 1.62 (2024), against an average of 1.5.
- The sharpest annual moves came in 2020 and 2024: Interest Coverage Ratio plunged 41.96% in 2020, then jumped 39.82% in 2024.
- Independence Realty Trust's Interest Coverage Ratio stood at 0.73 in 2020, then surged by 82.22% to 1.34 in 2023, then surged by 39.82% to 1.87 in 2024.
- Business Quant data shows IRT's Interest Coverage Ratio at 1.87 in Q4 2024, 1.62 in Q3 2024, and 1.64 in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 3.24 |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | 2.46 |
| 3 | Invitation Homes | 17.84 Bn | 17.84 Bn | 705.34 Mn | 0.51 |
| 4 | Mid America Apartment Communities | 15.28 Bn | 15.15 Bn | 537.17 Mn | 5.99 |
| 5 | Sun Communities | 14.91 Bn | 14.91 Bn | 460.10 Mn | 0.67 |
| 6 | Equity Lifestyle Properties | 12.61 Bn | 12.61 Bn | 375.97 Mn | 2.94 |
| 7 | American Homes 4 Rent | 12.35 Bn | 12.35 Bn | - | - |
| 8 | Udr | 12.14 Bn | 12.14 Bn | 412.43 Mn | 2.43 |
| 9 | Camden Property Trust | 11.02 Bn | 11.02 Bn | - | 1.53 |
| 10 | Independence Realty Trust | 3.91 Bn | 3.91 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 1.87 |
| Sep 30, 2024 | 1.62 |
| Jun 30, 2024 | 1.64 |
| Dec 31, 2023 | 1.34 |
| Sep 30, 2023 | 1.76 |
| Jun 30, 2023 | 1.52 |
| Mar 31, 2020 | 0.73 |
| Dec 31, 2019 | 1.14 |
| Sep 30, 2019 | 1.06 |
| Jun 30, 2019 | 1.07 |
| Mar 31, 2019 | 1.26 |
| Dec 31, 2018 | 1.41 |
| Sep 30, 2018 | 1.53 |
| Jun 30, 2018 | 1.41 |
| Mar 31, 2018 | 1.40 |
| Dec 31, 2017 | 1.97 |
| Sep 30, 2017 | 1.58 |
| Jun 30, 2017 | 1.57 |
| Mar 31, 2017 | 1.58 |
| Dec 31, 2016 | -0.39 |