Independence Realty Trust (IRT) Non-Current Debt (2011 - 2024)
Independence Realty Trust (IRT) recorded Non-Current Debt of $2.27 billion in Q4 2024, down 6.3% from $2.43 billion a year earlier and down 0.5% from the prior quarter.
Independence Realty Trust (IRT) Non-Current Debt (2011 - 2024) Analysis & Trends
Starting with Q2 2011, Independence Realty Trust's Non-Current Debt history includes 24 quarters.
- Annual Non-Current Debt has declined for three straight years, though with a four-year compound annual growth rate of 24.5% (FY2020 to FY2024).
- Across earlier years, Non-Current Debt came in at $2.43 billion in FY2023 (-7.8%), $2.63 billion in FY2022 (-2.7%), $2.71 billion in FY2021 (+186.1%) and $945.69 million in FY2020.
- Quarterly Non-Current Debt has ranged from $945.69 million in Q4 2020 to $2.71 billion in Q4 2021 over the past five years.
- On a year-over-year basis, Non-Current Debt has declined for five consecutive quarters, with an average decline of 6.3% over the last eight quarters.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 186.1% in Q4 2021, against a decline of 15.8% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.29 billion (Q3 2024), $2.2 billion (Q2 2024) and $2.21 billion (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 14.30 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 24.60 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 2.76 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | - |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | - |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 1.59 Bn |
| 10 | Independence Realty Trust | 3.43 Bn | 3.55 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 2.27 Bn |
| Sep 30, 2024 | 2.29 Bn |
| Jun 30, 2024 | 2.20 Bn |
| Mar 31, 2024 | 2.21 Bn |
| Dec 31, 2023 | 2.43 Bn |
| Sep 30, 2023 | 2.68 Bn |
| Jun 30, 2023 | 2.61 Bn |
| Mar 31, 2023 | 2.63 Bn |
| Dec 31, 2022 | 2.63 Bn |
| Sep 30, 2022 | 2.67 Bn |
| Jun 30, 2022 | 2.51 Bn |
| Mar 31, 2022 | 2.50 Bn |
| Dec 31, 2021 | 2.71 Bn |
| Sep 30, 2021 | 996.27 Mn |
| Jun 30, 2021 | 1.04 Bn |
| Dec 31, 2020 | 945.69 Mn |
| Mar 31, 2016 | 940.34 Mn |
| Dec 31, 2015 | 966.61 Mn |
| Sep 30, 2015 | 993.91 Mn |
| Dec 31, 2014 | 418.90 Mn |
Independence Realty Trust Non-Current Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=IRT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "IRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=IRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();