Independence Realty Trust, Inc. balance sheet
At the end of fiscal 2025, Independence Realty Trust, Inc. had total assets of $6.02bn, total liabilities of $2.43bn and shareholders' equity of $3.46bn. It held $23.6m in cash against $2.28bn of debt: net debt of $2.26bn.
Balance sheet
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 0 | 1 | 3 | 3 | 15 | 38 | 21 | 9 | 9 | 10 | 9 | 36 | 16 | 23 | 21 | 24 | 23 |
| Receivables | 0 | 1 | 0 | 2 | 2 | 3 | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 0 | 131 | 146 | 182 | 694 | 1,383 | 1,294 | 1,451 | 1,659 | 1,664 | 1,735 | 6,507 | 6,532 | 6,280 | 6,058 | 6,022 | 6,092 |
| Long-term debt | — | — | 92 | 103 | 417 | 967 | 744 | 778 | 985 | 986 | 946 | 2,705 | 2,632 | 2,549 | 2,334 | 2,281 | 2,443 |
| Total debt | 0 | — | 92 | 103 | 419 | 976 | 750 | 785 | 991 | 991 | 950 | 2,705 | 2,632 | 2,549 | 2,334 | 2,281 | 2,443 |
| Total liabilities | 0 | 84 | 95 | 107 | 431 | 993 | 766 | 805 | 1,029 | 1,044 | 1,022 | 2,865 | 2,794 | 2,713 | 2,483 | 2,432 | 2,605 |
| Shareholders' equity | 0 | 0 | 3 | 75 | 251 | 364 | 507 | 624 | 623 | 613 | 708 | 3,481 | 3,597 | 3,431 | 3,442 | 3,460 | 3,359 |
| Non-controlling interests and other (assets − liabilities − equity) | — | 47 | 48 | — | — | — | — | — | — | — | — | 161 | 141 | 136 | 133 | 129 | 128 |
| Net debt (negative = net cash) | −0 | −1 | 90 | 100 | 404 | 937 | 729 | 775 | 982 | 981 | 941 | 2,669 | 2,616 | 2,527 | 2,312 | 2,258 | 2,421 |
| Shares outstanding | — | — | — | — | — | — | — | — | 178m | 182m | 204m | 221m | 224m | 225m | 231m | 237m | 236m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 5,948 | 6,058 | 5,983 | 5,963 | 6,093 | 6,022 | 6,099 | 6,092 |
| Long-term debt | 2,287 | 2,334 | 2,254 | 2,250 | 2,296 | 2,281 | 2,434 | 2,443 |
| Total debt | 2,287 | 2,334 | 2,254 | 2,250 | 2,296 | 2,281 | 2,434 | 2,443 |
| Total liabilities | 2,459 | 2,483 | 2,396 | 2,412 | 2,477 | 2,432 | 2,578 | 2,605 |
| Shareholders' equity | 3,355 | 3,442 | 3,455 | 3,420 | 3,485 | 3,460 | 3,393 | 3,359 |
| Non-controlling interests and other (assets − liabilities − equity) | 134 | 133 | 132 | 131 | 130 | 129 | 128 | 128 |
| Shares outstanding | 225m | 231m | 234m | 234m | 239m | 237m | 236m | 236m |
Compare with peers
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