KPIs & Operating Metrics(New)

Independence Realty Trust (IRT) Interest Coverage Ratio (2016 - 2024)

Independence Realty Trust (IRT) has 12 years of Interest Coverage Ratio data on record, last reported at 1.62 in Q3 2024.

  • For Q3 2024, Interest Coverage Ratio fell 7.9% year-over-year to 1.62; the TTM value through Sep 2024 reached 1.44, up 93.6%, while the annual FY2023 figure was 1.62, 51.62% up from the prior year.
  • Interest Coverage Ratio reached 1.62 in Q3 2024 per IRT's latest filing, down from 1.68 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.
  • Average Interest Coverage Ratio over 3 years is 1.45, with a median of 1.65 recorded in 2024.
  • Peak YoY movement for Interest Coverage Ratio: tumbled 31.91% in 2020, then decreased 7.9% in 2024.
  • A 3-year view of Interest Coverage Ratio shows it stood at 0.73 in 2020, then soared by 129.45% to 1.68 in 2023, then fell by 3.64% to 1.62 in 2024.
  • Per Business Quant database, its latest 3 readings for Interest Coverage Ratio were 1.62 in Q3 2024, 1.68 in Q4 2023, and 1.76 in Q3 2023.