Independence Cash And Short Term Investments from 2010 to 2024

IRT Stock  USD 15.76  0.09  0.57%   
Independence Realty Cash And Short Term Investments yearly trend continues to be comparatively stable with very little volatility. Cash And Short Term Investments are likely to outpace its year average in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2010-03-31
Previous Quarter
17.2 M
Current Value
50.7 M
Quarterly Volatility
12.4 M
 
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 main balance sheet or income statement drivers, such as Interest Expense of 114.6 M, Selling General Administrative of 23.9 M or Total Revenue of 694 M, as well as many exotic 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.
  
This module can also supplement Independence Realty's financial leverage analysis and stock options assessment as well as various Independence Realty Technical models . Check out the analysis of Independence Realty Correlation against competitors.

Latest Independence Realty's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Independence Realty Trust over the last few years. Short Term Investments is an account in the current assets section of Independence Realty Trust balance sheet. This account contains Independence Realty investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Independence Realty Trust fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Independence Realty's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Independence Cash And Short Term Investments Regression Statistics

Arithmetic Mean18,342,151
Geometric Mean9,199,034
Coefficient Of Variation96.85
Mean Deviation14,327,313
Median9,985,000
Standard Deviation17,765,276
Sample Variance315.6T
Range53.1M
R-Value0.70
Mean Square Error172.3T
R-Squared0.49
Significance0
Slope2,789,498
Total Sum of Squares4418.5T

Independence Cash And Short Term Investments History

202453.3 M
202350.7 M
202216.1 M
202136 M
20208.8 M
20199.9 M
20189.3 M

About Independence Realty Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Independence Realty income statement, its balance sheet, and the statement of cash flows. Independence Realty investors use historical funamental indicators, such as Independence Realty's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Independence Realty investors may use each financial statement separately, they are all related. The changes in Independence Realty's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Independence Realty's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Independence Realty Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Independence Realty. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments50.7 M53.3 M

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When determining whether Independence Realty Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Independence Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Independence Realty Trust Stock. Highlighted below are key reports to facilitate an investment decision about Independence Realty Trust Stock:
Check out the analysis of Independence Realty Correlation against competitors.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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Is Independence Realty's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independence Realty. If investors know Independence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independence Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.75)
Dividend Share
0.62
Earnings Share
(0.08)
Revenue Per Share
2.925
Quarterly Revenue Growth
0.016
The market value of Independence Realty Trust is measured differently than its book value, which is the value of Independence that is recorded on the company's balance sheet. Investors also form their own opinion of Independence Realty's value that differs from its market value or its book value, called intrinsic value, which is Independence Realty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independence Realty's market value can be influenced by many factors that don't directly affect Independence Realty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independence Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independence Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independence Realty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.