Independence Realty Trust (IRT) Interest Coverage Ratio (2011 - 2024)
Independence Realty Trust (IRT) recorded quarterly Interest Coverage Ratio of 1.87 in Q4 2024, up 15.24% quarter-over-quarter from 1.62 in Q3 2024, and up 11.04% on a YoY basis from 1.68 in Q1 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 11.04% year-over-year to 1.87; the TTM figure through Dec 2024 stood at 1.77 (up 33.57% YoY), while the FY2024 annual figure was 1.6, down 1.67% from the prior year.
- Interest Coverage Ratio was 1.87 for Q4 2024 at Independence Realty Trust, up from 1.62 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 1.87 in Q4 2024 to a low of 0.73 in Q1 2020.
- Historically, Interest Coverage Ratio has averaged 1.55 across 3 years, with a median of 1.64 in 2024.
- The sharpest annual moves came in 2020 and 2024: Interest Coverage Ratio sank 41.96% in 2020, then grew 11.04% in 2024.
- A 3-year view of Interest Coverage Ratio shows it stood at 0.73 in 2020, then jumped by 129.45% to 1.68 in 2023, then gained by 11.04% to 1.87 in 2024.
- The last three Interest Coverage Ratio figures came in at 1.87 (Q4 2024), 1.62 (Q3 2024), and 1.64 (Q2 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | 5.59 |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | -1.37 |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn | 0.42 |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn | 6.80 |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | 0.18 |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | 4.73 |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | 3.34 |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | 2.21 |
| 10 | Independence Realty Trust | 3.73 Bn | 3.86 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 | 1.68 |
| 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 | 1.61 |
| Sep 30, 2017 | 1.58 |
| Jun 30, 2017 | 1.57 |
| Mar 31, 2017 | 1.58 |
| Dec 31, 2016 | 1.38 |