FMP
Independence Realty Trust, Inc.
IRT
NYSE
Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
20.98 USD
0.41 (1.95%)
IRT Financial Statements
Year
2024
2023
2022
2021
Current Assets
153.56M
347.07M
79.79M
127.23M
Cash & Short Term Investments
21.23M
22.85M
16.08M
35.97M
Cash And Cash Equivalents
21.23M
22.85M
16.08M
35.97M
Short Term Investments
0
29.94M
41.11M
2.49M
Net Receivables
0
0
0
0
Inventory
0
0
0
0
Other Current Assets
132.34M
324.21M
63.71M
91.26M
Non-Current Assets
5.9B
5.93B
6.45B
6.38B
Property, Plant & Equipment
0
2.41M
3.08M
2.92M
Goodwill And Intangible Assets
3.64M
66k
399k
53.27M
Goodwill
0
0
-737k
0
Intangible Assets
3.64M
66k
1.14M
53.27M
Long Term Investments
91.97M
89.04M
80.22M
25M
Tax Assets
0
0
-3.08M
-2.92M
Other Non-Current Assets
5.81B
5.84B
6.37B
6.3B
Other Assets
0
0
0
0
Total Assets
6.06B
6.28B
6.53B
6.51B
-
-
-
-
Current Liabilities
935.85M
993.31M
149.58M
1.04B
Accounts Payable
94.67M
109.07M
109.68M
106.33M
Short Term Debt
794.72M
66.83M
1.97B
9.04M
Tax Payables
0
0
0
0
Deferred Revenue
0
0
0
0
Other Current Liabilities
46.46M
817.41M
-1.93B
927.06M
Total Current Liabilities
935.85M
993.31M
149.58M
1.04B
Total Non-Current Liabilities
1.55B
1.72B
2.64B
1.82B
Long-Term Debt
1.54B
1.71B
2.64B
2.7B
Deferred Revenue
0
0
2.79B
2.86B
Deferred Taxes Liabilities
0
0
3.4M
3.25M
Other Non Current liabilities
8.04M
7.02M
-815.22M
-874.11M
Total Liabilities
2.48B
2.71B
2.79B
2.86B
Other Liabilities
0
0
0
0
Stockholders Equity
3.44B
3.43B
3.6B
3.48B
Common Stock
2.31M
2.25M
2.24M
2.21M
Retained Earnings
-454.1M
-348.4M
-191.74M
-188.41M
Accumulated Other Comprehensive Income/Loss
26.07M
25.51M
35.1M
-11.94M
Other Shareholders Equity
3.87B
3.75B
3.75B
3.68B
Total Liabilities and Stockholders Equity
6.06B
6.28B
6.53B
6.51B
Retained Earning Schedule
Year
2024
2023
2022
2021
Retained Earnings (Previous Year)
-348.4M
-191.74M
-188.41M
-178.75M
Net Income
39.29M
-17.23M
33.7M
8.19M
Stock Repurchases
-2.6M
-5.16M
-5.97M
-2.93M
Dividend Paid
-144.02M
-134.87M
-105.83M
-49.83M
Retained Earnings
-454.1M
-348.4M
-191.74M
-188.41M
Other Distributions
-252.32M
-296.7M
-115.12M
-62.42M
PPE Schedule
Year
2024
2023
2022
2021
Gross PPE
0
2.41M
3.08M
2.92M
Annual Depreciation
220.85M
218.97M
538.17M
201.17M
Capital Expenditure
-175.06M
-146.63M
-83.98M
-42.97M
Net PPE
-45.79M
-69.93M
-451.11M
-155.28M
Intangible and Goodwill Schedule
Year
2024
2023
2022
2021
Acquisitions and Adjustments
0
737k
-737k
0
Goodwill (Previous Year)
0
-737k
0
0
Goodwill
0
0
-737k
0
All figures are in USD.
