Independence Realty Trust (IRT) Interest Coverage Ratio (2011 - 2024)
Independence Realty Trust (IRT) posted Interest Coverage Ratio of 1.87 for Q4 2024, up 15.24% on a QoQ basis from 1.62 in Q3 2024, and up 11.04% year-over-year from 1.68 in Q1 2024.
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Analysis
Independence Realty Trust (IRT) Interest Coverage Ratio (2011 - 2024) Analysis & Trends
Independence Realty Trust has reported Interest Coverage Ratio for 12 years, with the latest figure at 1.87 in Q4 2024.
- On a quarterly basis, Interest Coverage Ratio rose 11.04% year-over-year to 1.87 in Q4 2024; TTM through Dec 2024 was 1.77, a 33.57% increase from a year earlier, with the FY2024 full-year figure at 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.
- The five-year high for Interest Coverage Ratio was 1.87 in Q4 2024, with the low at 0.73 in Q1 2020.
- Average Interest Coverage Ratio over 3 years is 1.55, with a median of 1.64 recorded in 2024.
- The sharpest annual moves came in 2020 and 2024: Interest Coverage Ratio plunged 41.96% in 2020, then increased 11.04% in 2024.
- Over 3 years, Interest Coverage Ratio stood at 0.73 in 2020, then surged by 129.45% to 1.68 in 2023, then advanced 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Vivmark Residential | 24.37 Bn | 24.37 Bn | - | 2.46 |
| 2 | Invitation Homes | 16.34 Bn | 16.34 Bn | 705.34 Mn | 0.51 |
| 3 | Mid America Apartment Communities | 14.46 Bn | 14.33 Bn | 537.17 Mn | 5.99 |
| 4 | Sun Communities | 14.11 Bn | 14.11 Bn | 460.10 Mn | 0.67 |
| 5 | Equity Lifestyle Properties | 11.69 Bn | 11.69 Bn | 375.97 Mn | 2.94 |
| 6 | American Homes 4 Rent | 11.38 Bn | 11.38 Bn | - | - |
| 7 | Udr | 11.36 Bn | 11.36 Bn | 412.43 Mn | 2.43 |
| 8 | Camden Property Trust | 10.49 Bn | 10.49 Bn | - | 1.53 |
| 9 | Avalonbay Communities | 9.67 Bn | 9.87 Bn | - | 3.24 |
| 10 | Independence Realty Trust | 3.59 Bn | 3.59 Bn | - | - |
Historic Data
Download Data
Historic 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 |