Independence Net Debt To E B I T D A from 2010 to 2024

IRT Stock  USD 21.73  0.01  0.05%   
Independence Realty Net Debt To EBITDA yearly trend continues to be comparatively stable with very little volatility. Net Debt To EBITDA will likely drop to 8.02 in 2024. Net Debt To EBITDA is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). View All Fundamentals
 
Net Debt To EBITDA  
First Reported
2010-12-31
Previous Quarter
8.26790045
Current Value
8.02
Quarterly Volatility
15.59381607
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 94.4 M, Selling General Administrative of 23.9 M or Total Revenue of 694 M, as well as many indicators such as Price To Sales Ratio of 4.93, Dividend Yield of 0.0537 or PTB Ratio of 0.95. 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.

Latest Independence Realty's Net Debt To E B I T D A Growth Pattern

Below is the plot of the Net Debt To E B I T D A of Independence Realty Trust over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Independence Realty's Net Debt To EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Independence Realty's overall financial position and show how it may be relating to other accounts over time.
Net Debt To E B I T D A10 Years Trend
Pretty Stable
   Net Debt To E B I T D A   
       Timeline  

Independence Net Debt To E B I T D A Regression Statistics

Arithmetic Mean9.90
Coefficient Of Variation157.55
Mean Deviation7.64
Median10.42
Standard Deviation15.59
Sample Variance243.17
Range68.4052
R-Value0.22
Mean Square Error249.08
R-Squared0.05
Significance0.43
Slope0.77
Total Sum of Squares3,404

Independence Net Debt To E B I T D A History

2024 8.02
2023 8.27
2022 13.28
2021 12.09
2020 8.91
2019 18.47
2018 10.06

About Independence Realty Financial Statements

Independence Realty shareholders use historical fundamental indicators, such as Net Debt To E B I T D A, 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
Net Debt To EBITDA 8.27  8.02 

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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.