Independence Realty Trust Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Property, Plant & Equipment	5,778	5,742	5,777	6,299	6,261	1,711
Cash & Equivalents	23.29	21.23	22.85	16.08	35.97	8.75
Other Intangible Assets	5.45	3.64	0.07	0.4	53.27	0.79
Restricted Cash	27.64	22.22	27.88	27.93	29.7	4.86
Other Current Assets	107.18	110.11	296.33	35.78	61.56	-
Trading Asset Securities	11.87	29.3	29.94	41.11	2.49	-
Other Long-Term Assets	138.81	129.69	125.88	111.99	63.05	9.69
Total Assets	6,093	6,058	6,280	6,532	6,507	1,735
Current Portion of Long-Term Debt	6.37	47.85	-	-	6.46	0.69
Long-Term Debt	2,290	2,286	2,549	2,632	2,711	974.83
Long-Term Leases	3.23	2.12	2.7	3.4	-	3
Accounts Payable	119.51	94.67	109.07	109.68	106.33	25.42
Accrued Expenses	10.27	8.63	7.92	7.71	7.18	1.98
Other Current Liabilities	41.59	37.83	36.86	32.19	16.79	12.26
Other Long-Term Liabilities	6.53	5.91	7.02	9.6	17.09	3.95
Total Liabilities	2,477	2,483	2,713	2,794	2,865	1,022
Common Stock	2.39	2.31	2.25	2.24	2.21	1.02
Additional Paid-In Capital	4,022	3,868	3,752	3,751	3,679	919.62
Retained Earnings	-548.32	-454.1	-348.41	-191.74	-188.41	-178.75
Comprehensive Income & Other	9.1	26.07	25.51	35.1	-11.94	-33.82
Total Common Equity	3,485	3,442	3,431	3,597	3,481	708.06
Minority Interest	129.78	132.8	135.9	141.2	161.32	4.71
Shareholders' Equity	3,615	3,575	3,567	3,738	3,642	712.77
Total Liabilities & Equity	6,093	6,058	6,280	6,532	6,507	1,735
Total Debt	2,299	2,336	2,552	2,635	2,717	978.53
Net Cash (Debt)	-2,264	-2,285	-2,499	-2,578	-2,679	-969.78
Net Cash Per Share	-9.78	-10.13	-11.14	-11.55	-24.39	-10.24
Filing Date Shares Outstanding	238.73	230.55	224.49	224.09	220.7	101.52
Total Common Shares Outstanding	238.72	230.48	224.42	223.83	220.48	101.46
Book Value Per Share	14.60	14.94	15.29	16.07	15.79	6.98
Tangible Book Value	3,480	3,439	3,431	3,596	3,427	707.27
Tangible Book Value Per Share	14.58	14.92	15.29	16.07	15.55	6.97
Land	573.03	564.97	540.95	579.09	567.51	251.37
Buildings	5,442	5,323	5,289	5,696	5,622	1,528
Construction In Progress	65.63	116.86	98.37	105.52	41.78	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q