Independence Realty Trust, Inc. financial data

Symbol
IRT on NYSE
Industry
Real Estate Investment Trusts
Location
1835 Market Street, Suite 2601, Philadelphia, PA
State of incorporation
Maryland
Fiscal year end
December 31
Former names
EMPIRE AMERICAN REALTY TRUST INC (to 2/11/2011)
Latest financial report
10-Q - Q2 2024 - Aug 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 75.8 % -4.04%
Return On Equity -0.24 % -113%
Return On Assets -0.14 % -113%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 225M shares +0.18%
Common Stock, Shares, Outstanding 225M shares +0.19%
Entity Public Float 4.18B USD -11.1%
Common Stock, Value, Issued 2.25M USD +0.18%
Weighted Average Number of Shares Outstanding, Basic 225M shares +0.17%
Weighted Average Number of Shares Outstanding, Diluted 225M shares +0.15%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 655M USD +0.9%
General and Administrative Expense 23.3M USD -8.26%
Costs and Expenses 518M USD +4.09%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -8.65M USD -113%
Earnings Per Share, Basic -0.03 USD/shares -110%
Earnings Per Share, Diluted -0.03 USD/shares -110%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 21M USD +46.6%
Operating Lease, Right-of-Use Asset 2.09M USD -24.1%
Intangible Assets, Net (Excluding Goodwill) 0 USD
Assets 5.94B USD -8.86%
Liabilities 2.41B USD -14.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax 34.4M USD -11.4%
Retained Earnings (Accumulated Deficit) -393M USD -63.6%
Stockholders' Equity Attributable to Parent 3.4B USD -4.42%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 3.53B USD -4.37%
Liabilities and Equity 5.94B USD -8.86%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 44.1M USD -6.08%
Net Cash Provided by (Used in) Financing Activities -308M USD -743%
Net Cash Provided by (Used in) Investing Activities 255M USD
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 225M shares +0.19%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -8.83M USD +3.83%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 47.4M USD +11.5%
Operating Lease, Liability 2.36M USD -23.1%
Depreciation 217M USD +5.09%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -13.2M USD -115%
Lessee, Operating Lease, Liability, to be Paid 3.02M USD -40%
Lessee, Operating Lease, Liability, to be Paid, Year Two 482K USD -30.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 692K USD -18%
Lessee, Operating Lease, Liability, to be Paid, Year Three 480K USD -0.42%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 50M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 486K USD +1.25%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 398K USD -64.4%
Interest Expense 88.4M USD -0.17%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%