Independence Realty Trust (IRT) Interest Coverage Ratio (2011 - 2024)

Independence Realty Trust's (IRT) quarterly Interest Coverage Ratio came in at 1.52 in Q4 2024, up 14.01% year-on-year from 1.34 in Q1 2024, and down 6.03% 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 1.52 for Q4 2024.

  • On a quarterly basis, Interest Coverage Ratio rose 14.01% year-over-year to 1.52 in Q4 2024; TTM through Dec 2024 was 1.67, a 34.72% increase from a year earlier, with the FY2024 full-year figure at 1.51, down 0.82% from the prior year.
  • Interest Coverage Ratio retreated to 1.52 in Q4 2024 per IRT's latest filing, from 1.62 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 1.76 in Q3 2023 and bottomed at 0.73 in Q1 2020.
  • The 3-year median for Interest Coverage Ratio is 1.52 (2024), against an average of 1.45.
  • Across the five-year window, Interest Coverage Ratio sank 41.96% in 2020 and climbed 14.01% in 2024, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 0.73 in 2020, then soared by 82.22% to 1.34 in 2023, then increased by 14.01% to 1.52 in 2024.
  • Per Business Quant, the three latest IRT Interest Coverage Ratio figures stand at 1.52 (Q4 2024), 1.62 (Q3 2024), and 1.64 (Q2 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Avalonbay Communities 26.48 Bn 26.48 Bn - 5.59
2 Equity Residential 25.80 Bn 25.80 Bn - 2.45
3 Invitation Homes 18.05 Bn 18.05 Bn 694.98 Mn 0.42
4 Mid America Apartment Communities 15.67 Bn 15.54 Bn 537.05 Mn 6.80
5 Sun Communities 14.96 Bn 14.96 Bn 491.20 Mn 0.18
6 Udr 13.01 Bn 12.98 Bn 416.43 Mn 4.73
7 Equity Lifestyle Properties 12.85 Bn 12.85 Bn 378.95 Mn 3.34
8 American Homes 4 Rent 12.22 Bn 12.22 Bn - -
9 Camden Property Trust 11.94 Bn 11.94 Bn - 2.21
10 Independence Realty Trust 3.93 Bn 3.93 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 1.52
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