Independence Realty Net Worth
Independence Realty Net Worth Breakdown | IRT |
Independence Realty Net Worth Analysis
Independence Realty's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Independence Realty's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Independence Realty's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Independence Realty's net worth analysis. One common approach is to calculate Independence Realty's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Independence Realty's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Independence Realty's net worth. This approach calculates the present value of Independence Realty's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Independence Realty's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Independence Realty's net worth. This involves comparing Independence Realty's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Independence Realty's net worth relative to its peers.
Enterprise Value |
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To determine if Independence Realty is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Independence Realty's net worth research are outlined below:
| Independence Realty Trust has 2.43 B in debt with debt to equity (D/E) ratio of 0.68, which is OK given its current industry classification. Independence Realty Trust has a current ratio of 0.77, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Independence to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 660.98 M. Reported Net Loss for the year was (17.23 M) with profit before taxes, overhead, and interest of 371.27 M. | |
| Over 97.0% of Independence Realty shares are owned by institutional investors | |
| On 18th of October 2024 Independence Realty paid $ 0.16 per share dividend to its current shareholders | |
| Latest headline from investing.com: Independence Realty Trusts SWOT analysis stock poised for growth amid market shifts |
Independence Realty uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Independence Realty Trust. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Independence Realty's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 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 |
Know Independence Realty's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Independence Realty is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Independence Realty Trust backward and forwards among themselves. Independence Realty's institutional investor refers to the entity that pools money to purchase Independence Realty's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Frontier Capital Management Co Inc | 2024-09-30 | 3.6 M | Charles Schwab Investment Management Inc | 2024-09-30 | 3.5 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 3.3 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.1 M | Northern Trust Corp | 2024-09-30 | 2.8 M | Bank Of New York Mellon Corp | 2024-06-30 | 2.5 M | Goldman Sachs Group Inc | 2024-06-30 | 2.1 M | Fisher Asset Management, Llc | 2024-09-30 | 2 M | Aew Capital Management Lp | 2024-09-30 | 1.9 M | Blackrock Inc | 2024-06-30 | 33 M | Vanguard Group Inc | 2024-09-30 | 32.5 M |
Follow Independence Realty's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 4.87 B.Market Cap |
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Project Independence Realty's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.03 | 0.02 | |
| Return On Equity | (0.01) | (0.01) |
When accessing Independence Realty's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Independence Realty's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Independence Realty's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Independence Realty's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Independence Realty Trust. Check Independence Realty's Beneish M Score to see the likelihood of Independence Realty's management manipulating its earnings.
Evaluate Independence Realty's management efficiency
Independence Realty Trust has Return on Asset of 0.0128 % which means that on every $100 spent on assets, it made $0.0128 of profit. This is way below average. Independence Realty's management efficiency ratios could be used to measure how well Independence Realty manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.0026 in 2024. Return On Capital Employed is likely to drop to 0.02 in 2024. At this time, Independence Realty's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 6.6 B in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 971.7 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 15.90 | 8.82 | |
| Tangible Book Value Per Share | 15.90 | 8.78 | |
| Enterprise Value Over EBITDA | 20.06 | 19.06 | |
| Price Book Value Ratio | 1.00 | 0.95 | |
| Enterprise Value Multiple | 20.06 | 19.06 | |
| Price Fair Value | 1.00 | 0.95 | |
| Enterprise Value | 5.8 B | 6.1 B |
The strategic initiatives led by Independence Realty's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Enterprise Value Revenue 11.0823 | Revenue 641.6 M | Quarterly Revenue Growth (0.05) | Revenue Per Share 2.856 | Return On Equity (0.0001) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Independence Realty insiders, such as employees or executives, is commonly permitted as long as it does not rely on Independence Realty's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Independence Realty insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Independence Realty Corporate Filings
8K | 18th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 14th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 5th of September 2024 Other Reports | ViewVerify |
Independence Realty Earnings per Share Projection vs Actual
Independence Realty Corporate Directors
| Mack Pridgen | Independent Director | Profile | |
| Melinda McClure | Lead Independent Director | Profile | |
| William Dunkelberg | Independent Director | Profile | |
| Ella Neyland | Chief Operating Officer, Director | Profile |
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.