Independence Average Assets vs Invested Capital Analysis

IRT Stock  USD 16.01  0.37  2.37%   
Trend analysis of Independence Realty Trust balance sheet accounts such as Total Stockholder Equity of 3.6 B or Net Debt of 2.5 B provides information on Independence Realty's total assets, liabilities, and equity, which is the actual value of Independence Realty Trust to its prevalent stockholders. By breaking down trends over time using Independence Realty balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independence Realty Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Independence Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Independence Realty Trust at a specified time, usually calculated after every quarter, six months, or one year. Independence Realty Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Independence Realty and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Independence currently owns. An asset can also be divided into two categories, current and non-current.

Independence Realty Balance Sheet Chart

Independence Realty Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Independence Realty Trust uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Independence Realty's Other Stockholder Equity is comparatively stable compared to the past year. Total Liabilities is likely to gain to about 2.8 B in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 971.7 M in 2024.

Total Assets

Total assets refers to the total amount of Independence Realty assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Independence Realty Trust books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Independence Realty balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Independence Realty Trust are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash And Short Term Investments

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. 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.
Most indicators from Independence Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Independence Realty Trust current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independence Realty Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Selling General Administrative is likely to gain to about 23.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 53.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit147.5M372.2M167.4M103.4M
Total Revenue250.3M628.5M661.0M694.0M

Independence Realty fundamental ratios Correlations

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-0.40.12-0.39-0.70.230.030.03-0.35-0.38-0.40.06-0.4-0.48-0.68-0.74-0.22-0.33-0.39-0.41-0.39-0.51-0.64-0.080.45-0.4
0.850.120.860.6-0.810.830.830.850.860.830.870.820.710.50.490.870.880.860.840.860.620.550.14-0.620.66
1.0-0.390.860.92-0.870.740.740.971.00.980.780.970.910.830.850.920.991.01.01.00.830.850.26-0.80.82
0.93-0.70.60.92-0.740.570.570.890.910.920.570.910.880.940.970.810.880.920.930.920.790.950.31-0.80.75
-0.880.23-0.81-0.87-0.74-0.73-0.73-0.95-0.89-0.89-0.86-0.93-0.94-0.7-0.64-0.82-0.9-0.88-0.87-0.88-0.82-0.7-0.420.88-0.8
0.770.030.830.740.57-0.731.00.780.750.790.870.750.690.530.470.730.780.770.750.770.620.550.26-0.50.7
0.770.030.830.740.57-0.731.00.780.750.790.870.750.690.530.470.730.780.770.750.770.620.550.26-0.50.7
0.98-0.350.850.970.89-0.950.780.780.980.980.831.00.960.830.80.920.980.980.980.980.830.840.41-0.880.82
1.0-0.380.861.00.91-0.890.750.750.980.980.80.980.920.820.840.920.991.01.01.00.830.850.27-0.820.82
0.99-0.40.830.980.92-0.890.790.790.980.980.770.990.920.880.860.940.970.980.990.990.780.90.38-0.860.77
0.780.060.870.780.57-0.860.870.870.830.80.770.780.810.460.430.680.850.80.760.790.770.470.31-0.560.84
0.98-0.40.820.970.91-0.930.750.751.00.980.990.780.950.870.840.930.960.970.980.980.80.880.43-0.90.78
0.92-0.480.710.910.88-0.940.690.690.960.920.920.810.950.80.790.780.930.920.920.920.920.80.41-0.850.9
0.85-0.680.50.830.94-0.70.530.530.830.820.880.460.870.80.970.790.780.830.860.840.641.00.46-0.840.6
0.86-0.740.490.850.97-0.640.470.470.80.840.860.430.840.790.970.760.80.840.870.850.690.970.3-0.770.64
0.93-0.220.870.920.81-0.820.730.730.920.920.940.680.930.780.790.760.90.920.930.930.610.830.31-0.840.58
0.99-0.330.880.990.88-0.90.780.780.980.990.970.850.960.930.780.80.90.990.980.990.860.80.25-0.780.86
1.0-0.390.861.00.92-0.880.770.770.981.00.980.80.970.920.830.840.920.991.01.00.830.850.25-0.810.82
1.0-0.410.841.00.93-0.870.750.750.981.00.990.760.980.920.860.870.930.981.01.00.810.880.3-0.830.79
1.0-0.390.861.00.92-0.880.770.770.981.00.990.790.980.920.840.850.930.991.01.00.820.870.29-0.820.81
0.81-0.510.620.830.79-0.820.620.620.830.830.780.770.80.920.640.690.610.860.830.810.820.630.12-0.640.98
0.87-0.640.550.850.95-0.70.550.550.840.850.90.470.880.81.00.970.830.80.850.880.870.630.44-0.850.58
0.3-0.080.140.260.31-0.420.260.260.410.270.380.310.430.410.460.30.310.250.250.30.290.120.44-0.540.14
-0.830.45-0.62-0.8-0.80.88-0.5-0.5-0.88-0.82-0.86-0.56-0.9-0.85-0.84-0.77-0.84-0.78-0.81-0.83-0.82-0.64-0.85-0.54-0.55
0.8-0.40.660.820.75-0.80.70.70.820.820.770.840.780.90.60.640.580.860.820.790.810.980.580.14-0.55
Click cells to compare fundamentals

Independence Realty Account Relationship Matchups

Independence Realty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.7B6.5B6.5B6.3B6.6B
Other Current Liab(463.7M)(467.6M)24.0M(1.9B)(66.8M)(70.2M)
Total Current Liabilities44.1M39.6M1.0B149.6M993.3M1.0B
Total Stockholder Equity613.3M708.1M3.5B3.6B3.4B3.6B
Net Debt975.7M936.9M2.7B4.6B2.4B2.5B
Retained Earnings(141.5M)(178.8M)(188.4M)(191.7M)(348.4M)(331.0M)
Cash9.9M8.8M36.0M16.1M50.7M53.3M
Cash And Short Term Investments9.9M8.8M36.0M16.1M50.7M53.3M
Common Stock Total Equity911K1.0M2.2M2.2M2.6M2.7M
Liabilities And Stockholders Equity1.7B1.7B6.5B6.5B6.3B6.6B
Other Stockholder Equity766.0M919.6M3.7B3.8B3.8B3.9B
Total Liab1.0B1.0B2.9B2.8B2.7B2.8B
Total Current Assets14.4M13.6M127.2M79.8M347.1M364.4M
Common Stock911K1.0M2.2M2.2M2.2M2.4M
Common Stock Shares Outstanding90.4M94.7M109.8M223.1M224.4M235.6M
Non Current Liabilities Total1.0B982.5M1.8B2.6B1.7B971.7M
Short Long Term Debt Total985.6M945.7M2.7B4.6B2.4B1.3B
Other Liab3.7M6.9M17.1M9.6M11.0M11.6M
Net Tangible Assets612.9M707.3M3.4B3.6B4.1B4.3B
Noncontrolling Interest In Consolidated Entity6.5M4.7M161.3M141.2M162.4M170.5M
Accounts Payable25.4M25.4M106.3M109.7M109.1M114.5M
Non Current Assets Total1.6B1.7B6.4B6.5B5.9B6.2B
Non Currrent Assets Other1.6B1.7B6.3B6.4B6.3B6.6B
Other Assets7.6M1.7B253.8M6.5B6.3B6.6B
Long Term Debt993.3M975.5M2.1B2.6B1.7B1.1B
Retained Earnings Total Equity(141.5M)(178.8M)(188.4M)(191.7M)(172.6M)(163.9M)
Long Term Debt Total993.3M975.5M11.9M2.6B3.0B3.2B
Capital Surpluse766.0M919.6M3.7B3.8B4.3B4.5B
Other Current Assets(14.4M)(13.6M)(65.7M)63.7M(50.7M)(48.2M)
Long Term Investments953K0.025.0M80.2M89.0M57.9M
Accumulated Other Comprehensive Income(12.1M)(33.8M)(11.9M)35.1M25.5M21.6M
Non Current Liabilities Other6.9M6.9M17.1M13.0M9.7M6.0M
Intangible Assets410K792K53.3M1.1M66K62.7K
Property Plant Equipment1.6B1.7B6.2B6.3B7.2B7.6B

Independence Realty Investors Sentiment

The influence of Independence Realty's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Independence. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Independence Realty's public news can be used to forecast risks associated with an investment in Independence. The trend in average sentiment can be used to explain how an investor holding Independence can time the market purely based on public headlines and social activities around Independence Realty Trust. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Independence Realty's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Independence Realty's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Independence Realty's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Independence Realty.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Independence Realty in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Independence Realty's short interest history, or implied volatility extrapolated from Independence Realty options trading.

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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independence Realty Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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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.