Independence Financial Statements From 2010 to 2026

IRT Stock  USD 17.09  0.08  0.47%   
Analyzing historical trends in various income statement and balance sheet accounts from Independence Realty's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Independence Realty's valuation are summarized below:
Gross Profit
397.1 M
Profit Margin
0.0336
Market Capitalization
B
Enterprise Value Revenue
9.79
Revenue
662.9 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 2026 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 3.2 B in 2026. Enterprise Value is likely to gain to about 5.6 B in 2026

Independence Realty Total Revenue

772.84 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 91.9 M, Selling General Administrative of 29.3 M or Total Revenue of 772.8 M, as well as many indicators such as Price To Sales Ratio of 7.61, Dividend Yield of 0.0524 or PTB Ratio of 1.42. Independence financial statements analysis is a perfect complement when working with Independence Realty Valuation or Volatility modules.
  
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Independence Realty Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.3 BB2.9 B
Slightly volatile
Total Current Liabilities1.1 B1.1 B374 M
Slightly volatile
Total Stockholder Equity4.2 BB1.5 B
Slightly volatile
Cash14.8 M24.4 M15 M
Slightly volatile
Cash And Short Term Investments14.8 M24.4 M15 M
Slightly volatile
Liabilities And Stockholders Equity7.3 BB2.9 B
Slightly volatile
Other Stockholder Equity4.7 B4.4 B1.7 B
Slightly volatile
Total LiabilitiesB2.9 B1.4 B
Slightly volatile
Total Current Assets185.4 M176.6 M82.2 M
Slightly volatile
Common Stock Shares Outstanding272.4 M259.4 M106.2 M
Slightly volatile
Non Current Liabilities Total959.8 M1.8 B931 M
Slightly volatile
Short and Long Term Debt Total1.4 B2.7 B1.3 B
Slightly volatile
Other Liabilities11.6 M11 M5.8 M
Slightly volatile
Net Tangible Assets4.3 B4.1 B1.6 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity170.5 M162.4 M72.6 M
Slightly volatile
Accounts Payable114.3 M108.9 M46.1 M
Slightly volatile
Non Current Assets Total7.1 B6.8 B2.9 B
Slightly volatile
Non Currrent Assets OtherB6.7 B2.8 B
Slightly volatile
Other Assets7.3 B6.9 BB
Slightly volatile
Long Term Debt1.1 B1.8 BB
Slightly volatile
Net Receivables4.1 M4.5 M3.7 M
Slightly volatile
Short Term Investments36.1 M34.4 M12.4 M
Slightly volatile
Long Term Debt Total2.8 B2.6 B1.1 B
Slightly volatile
Capital Surpluse4.7 B4.4 B1.7 B
Slightly volatile
Non Current Liabilities Other6.2 M9.2 M5.6 M
Slightly volatile
Property Plant And Equipment Net2.1 M2.2 M399 M
Slightly volatile
Short Term Debt959.6 M913.9 M368.1 M
Slightly volatile
Short and Long Term Debt766.9 M913.9 M648.6 M
Slightly volatile
Cash And Equivalents18.9 M24.4 M19 M
Very volatile
Net Invested Capital4.2 B6.6 BB
Slightly volatile
Capital Stock1.9 M2.7 M1.4 M
Slightly volatile

Independence Realty Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative29.3 M27.9 M13 M
Slightly volatile
Total Revenue772.8 M736 M283.2 M
Slightly volatile
Gross Profit452.2 M430.7 M164.4 M
Slightly volatile
Other Operating Expenses616.6 M587.2 M223.5 M
Slightly volatile
Operating Income156.3 M148.8 M61.2 M
Slightly volatile
EBITDA423 M402.8 M154.8 M
Slightly volatile
Total Operating Expenses296 M281.9 M104.8 M
Slightly volatile
Depreciation And Amortization266.7 M254 M107.6 M
Slightly volatile
Cost Of Revenue320.6 M305.3 M119 M
Slightly volatile
Non Recurring8.6 M6.3 M14 M
Slightly volatile
Non Operating Income Net Other134.2 M127.8 M50.7 M
Slightly volatile
Interest Income50.3 M87.2 M41.9 M
Slightly volatile
Reconciled Depreciation131.8 M254 M93.2 M
Slightly volatile

Independence Realty Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow61.3 M58.3 M24.7 M
Slightly volatile
End Period Cash Flow52.5 M50 M26 M
Slightly volatile
Depreciation266.7 M254 M92.4 M
Slightly volatile
Dividends Paid173.9 M165.6 M63.5 M
Slightly volatile
Stock Based Compensation4.1 M8.1 M3.4 M
Slightly volatile
Issuance Of Capital Stock122.5 M128 M70.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio7.618.01898
Slightly volatile
Dividend Yield0.05240.03710.0445
Very volatile
PTB Ratio1.421.4981.0027
Slightly volatile
Days Sales Outstanding18.7719.3217.5424
Pretty Stable
Book Value Per Share9.0914.3111.3971
Slightly volatile
Stock Based Compensation To Revenue0.01010.010.0108
Slightly volatile
Capex To Depreciation0.430.710.5369
Slightly volatile
PB Ratio1.421.4981.0027
Slightly volatile
EV To Sales11.5612.17901
Slightly volatile
ROIC0.01890.01970.0223
Very volatile
Payables Turnover3.533.233.2117
Slightly volatile
Sales General And Administrative To Revenue0.06470.04360.0587
Slightly volatile
Capex To Revenue0.260.250.1581
Slightly volatile
Cash Per Share0.10.110.2611
Slightly volatile
Interest Coverage1.061.531.3008
Slightly volatile
Days Payables Outstanding106117129
Pretty Stable
Intangibles To Total Assets7.0E-47.0E-40.0016
Pretty Stable
Current Ratio0.180.196.0469
Slightly volatile
Tangible Book Value Per Share9.0314.311.3383
Slightly volatile
Receivables Turnover27.8424.9823.6229
Very volatile
Graham Number6.856.988.0498
Slightly volatile
Shareholders Equity Per Share8.2613.7810.4149
Slightly volatile
Debt To Equity0.740.78114
Slightly volatile
Capex Per Share0.740.70.3948
Slightly volatile
Revenue Per Share1.842.562.2898
Slightly volatile
Interest Debt Per Share16.2312.3314.3367
Very volatile
Debt To Assets0.590.440.5445
Slightly volatile
Enterprise Value Over EBITDA21.1222.23992
Slightly volatile
Short Term Coverage Ratios0.360.389.511
Very volatile
Price Book Value Ratio1.421.4981.0027
Slightly volatile
Days Of Payables Outstanding106117129
Pretty Stable
Operating Profit Margin0.310.230.2742
Slightly volatile
Effective Tax Rate0.00150.00160.0157
Slightly volatile
Company Equity Multiplier1.922.0293.5902
Slightly volatile
Long Term Debt To Capitalization0.650.360.6014
Slightly volatile
Total Debt To Capitalization0.670.460.6281
Slightly volatile
Return On Capital Employed0.02020.02270.0239
Very volatile
Debt Equity Ratio0.740.78114
Slightly volatile
Ebit Per Revenue0.310.230.2742
Slightly volatile
Quick Ratio0.180.196.078
Slightly volatile
Cash Ratio0.02480.02615.3725
Slightly volatile
Days Of Sales Outstanding18.7719.3217.5424
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.730.370.6403
Slightly volatile
Price To Book Ratio1.421.4981.0027
Slightly volatile
Fixed Asset Turnover81.0277.1629.5497
Slightly volatile
Enterprise Value Multiple21.1222.23992
Slightly volatile
Debt Ratio0.590.440.5445
Slightly volatile
Price Sales Ratio7.618.01898
Slightly volatile
Asset Turnover0.07460.09510.0923
Pretty Stable
Gross Profit Margin0.450.530.5432
Slightly volatile
Price Fair Value1.421.4981.0027
Slightly volatile

Independence Realty Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.2 B3.1 B1.5 B
Slightly volatile
Enterprise Value5.6 B5.4 B2.7 B
Slightly volatile

Independence Fundamental Market Drivers

Forward Price Earnings84.7458
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 Revenue736 M772.8 M
Cost Of Revenue305.3 M320.6 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.04  0.06 
Capex To Revenue 0.25  0.26 
Revenue Per Share 2.56  1.84 
Ebit Per Revenue 0.23  0.31 

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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.