Independence Financial Statements From 2010 to 2025

IRT Stock  USD 21.36  0.46  2.20%   
Independence Realty financial statements provide useful quarterly and yearly information to potential Independence Realty Trust investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Independence Realty financial statements helps investors assess Independence Realty's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Independence Realty's valuation are summarized below:
Gross Profit
371.3 M
Profit Margin
(0.0003)
Market Capitalization
4.9 B
Enterprise Value Revenue
11.1462
Revenue
641.6 M
There are currently one hundred twenty fundamental trends for Independence Realty Trust that can be evaluated and compared over time across competitors. All traders should confirm Independence Realty's regular fundamentals against the performance from 2010 to 2025 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 4.7 B in 2025. Enterprise Value is likely to gain to about 7.1 B in 2025

Independence Realty Total Revenue

672.04 Million

Check Independence Realty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Independence Realty's main balance sheet or income statement drivers, such as Interest Expense of 79.9 M, Selling General Administrative of 25.5 M or Total Revenue of 672 M, as well as many indicators such as Price To Sales Ratio of 6.62, Dividend Yield of 0.0524 or PTB Ratio of 1.23. Independence financial statements analysis is a perfect complement when working with Independence Realty Valuation or Volatility modules.
  
Check out the analysis of Independence Realty Correlation against competitors.

Independence Realty Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets6.4 B6.1 B2.6 B
Slightly volatile
Total Current Liabilities982.6 M935.8 M269.4 M
Slightly volatile
Total Stockholder Equity3.6 B3.4 B1.3 B
Slightly volatile
Cash14.8 M21.2 M14.4 M
Slightly volatile
Cash And Short Term Investments14.8 M21.2 M14.4 M
Slightly volatile
Liabilities And Stockholders Equity6.4 B6.1 B2.6 B
Slightly volatile
Other Stockholder Equity4.1 B3.9 B1.5 B
Slightly volatile
Total Liabilities2.6 B2.5 B1.2 B
Slightly volatile
Total Current Assets161.2 M153.6 M74.8 M
Slightly volatile
Common Stock Shares Outstanding236.9 M225.6 M94.4 M
Slightly volatile
Non Current Liabilities TotalB1.5 B933.4 M
Slightly volatile
Short and Long Term Debt Total1.6 B2.3 B1.4 B
Slightly volatile
Other Liabilities11.6 M11 M5.6 M
Slightly volatile
Net Tangible Assets4.3 B4.1 B1.4 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity170.5 M162.4 M68.3 M
Slightly volatile
Accounts Payable99.4 M94.7 M41.2 M
Slightly volatile
Non Current Assets Total6.2 B5.9 B2.6 B
Slightly volatile
Non Currrent Assets Other6.1 B5.8 B2.5 B
Slightly volatile
Other Assets6.3 BB1.7 B
Slightly volatile
Long Term Debt1.1 B1.5 B955.6 M
Slightly volatile
Net Receivables4.1 M4.5 M3.7 M
Slightly volatile
Short Term Investments36.1 M34.4 M10.9 M
Slightly volatile
Long Term Debt Total3.2 BB1.1 B
Slightly volatile
Capital Surpluse4.5 B4.3 B1.5 B
Slightly volatile
Non Current Liabilities Other6.2 MM5.3 M
Slightly volatile
Short Term Debt435.4 M794.7 M324.5 M
Slightly volatile
Short and Long Term Debt766.9 M794.7 M632 M
Slightly volatile
Cash And Equivalents17.4 M18.5 M18 M
Pretty Stable
Net Invested Capital4.2 B5.8 B2.8 B
Slightly volatile
Capital Stock1.9 M2.3 M1.3 M
Slightly volatile
Property Plant And Equipment Net2.2 M2.2 M2.7 M
Slightly volatile

Independence Realty Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative25.5 M24.2 M11.9 M
Slightly volatile
Total Revenue672 M640 M248.6 M
Slightly volatile
Gross Profit672 M640 M164.2 M
Slightly volatile
Other Operating Expenses171 M235.6 M156.5 M
Slightly volatile
Operating Income424.7 M404.4 M86.4 M
Slightly volatile
EBITDA353.9 M337 M128.7 M
Slightly volatile
Total Operating Expenses247.4 M235.6 M99.8 M
Slightly volatile
Depreciation And Amortization123.2 M220.9 M105.8 M
Slightly volatile
Cost Of Revenue278.8 M265.5 M118.6 M
Slightly volatile
Non Recurring8.6 M6.3 M14.5 M
Slightly volatile
Non Operating Income Net Other134.2 M127.8 M46.9 M
Slightly volatile
Interest Income105 M100 M43.6 M
Slightly volatile
Reconciled Depreciation131.8 M220.9 M83.1 M
Slightly volatile

Independence Realty Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow53.3 M50.7 M22.1 M
Slightly volatile
End Period Cash Flow24.9 M43.5 M22.7 M
Slightly volatile
Depreciation231.9 M220.9 M80.1 M
Slightly volatile
Stock Based Compensation4.1 M7.1 M3.1 M
Slightly volatile
Issuance Of Capital Stock122.5 M128 M68.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.626.9684954
Slightly volatile
Dividend Yield0.05240.03230.0449
Pretty Stable
PTB Ratio1.231.295785.9604
Slightly volatile
Days Sales Outstanding18.7719.3217.5888
Pretty Stable
Book Value Per Share9.0915.903411.215
Slightly volatile
Stock Based Compensation To Revenue0.01010.01110.0108
Slightly volatile
Capex To Depreciation0.420.79270.5102
Slightly volatile
PB Ratio1.231.295785.9604
Slightly volatile
EV To Sales10.0510.5814957
Slightly volatile
Payables Turnover3.745.23.5007
Pretty Stable
Sales General And Administrative To Revenue0.06470.03790.0597
Slightly volatile
Capex To Revenue0.290.27350.1481
Slightly volatile
Cash Per Share0.08970.09440.3088
Slightly volatile
Interest Coverage0.951.481.1683
Slightly volatile
Days Payables Outstanding10272.59122
Pretty Stable
Intangibles To Total Assets6.0E-46.0E-40.0017
Pretty Stable
Current Ratio0.160.16416.4569
Slightly volatile
Tangible Book Value Per Share9.0315.887211.1532
Slightly volatile
Receivables Turnover27.8424.9823.7414
Very volatile
Graham Number4.567.76015.6273
Slightly volatile
Shareholders Equity Per Share8.2615.312710.2046
Slightly volatile
Debt To Equity0.640.6779121
Slightly volatile
Capex Per Share0.820.77880.3633
Slightly volatile
Revenue Per Share1.842.84712.2729
Slightly volatile
Interest Debt Per Share16.8510.719915.0006
Pretty Stable
Debt To Assets0.620.38520.5694
Slightly volatile
Enterprise Value Over EBITDA19.0920.09471.1 K
Slightly volatile
Short Term Coverage Ratios0.310.32683.5682
Slightly volatile
Price Book Value Ratio1.231.295785.9604
Slightly volatile
Days Of Payables Outstanding10272.59122
Pretty Stable
Operating Profit Margin0.290.260.2632
Slightly volatile
Company Equity Multiplier1.671.759999.2977
Slightly volatile
Long Term Debt To Capitalization0.290.3090.6012
Slightly volatile
Total Debt To Capitalization0.680.4040.6467
Slightly volatile
Return On Capital Employed0.01780.02520.0222
Very volatile
Debt Equity Ratio0.640.6779121
Slightly volatile
Ebit Per Revenue0.290.260.2632
Slightly volatile
Quick Ratio0.160.16416.4898
Slightly volatile
Cash Ratio0.02150.02275.7237
Slightly volatile
Days Of Sales Outstanding18.7719.3217.5888
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.310.3260.6464
Slightly volatile
Price To Book Ratio1.231.295785.9604
Slightly volatile
Fixed Asset Turnover25924776.5039
Slightly volatile
Enterprise Value Multiple19.0920.09471.1 K
Slightly volatile
Debt Ratio0.620.38520.5694
Slightly volatile
Price Sales Ratio6.626.9684954
Slightly volatile
Asset Turnover0.07460.10570.0921
Pretty Stable
Gross Profit Margin0.280.290.4939
Slightly volatile
Price Fair Value1.231.295785.9604
Slightly volatile

Independence Realty Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap4.7 B4.5 B1.5 B
Slightly volatile
Enterprise Value7.1 B6.8 B2.8 B
Slightly volatile

Independence Fundamental Market Drivers

Forward Price Earnings99.0099
Cash And Short Term Investments21.2 M

Independence Upcoming Events

14th of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Independence Realty Financial Statements

Independence Realty shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Independence Realty investors may analyze each financial statement separately, they are all interrelated. The changes in Independence Realty's assets and liabilities, for example, are also reflected in the revenues and expenses on on Independence Realty's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred RevenueB1.1 B
Total Revenue640 M672 M
Cost Of Revenue265.5 M278.8 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.04  0.06 
Capex To Revenue 0.27  0.29 
Revenue Per Share 2.85  1.84 
Ebit Per Revenue 0.26  0.29 

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Additional Tools for Independence Stock Analysis

When running Independence Realty's price analysis, check to measure Independence Realty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independence Realty is operating at the current time. Most of Independence Realty's value examination focuses on studying past and present price action to predict the probability of Independence Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independence Realty's price. Additionally, you may evaluate how the addition of Independence Realty to your portfolios can decrease your overall portfolio volatility.