Independence Realty Trust Q1 2025: Assets $3.16B, Debt $50M
Ticker: IRT · Form: 10-Q · Filed: May 1, 2025 · CIK: 1466085
| Field | Detail |
|---|---|
| Company | Independence Realty Trust, Inc. (IRT) |
| Form Type | 10-Q |
| Filed Date | May 1, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: real-estate, debt, financials, quarterly-report
TL;DR
**IRTX Q1 2025: Assets $3.16B, Liabilities $1.31B, Debt $50M. Interest rate 0.16%.**
AI Summary
Independence Realty Trust, Inc. reported its first quarter 2025 results, with total assets of $3,158 million and total liabilities of $1,305 million as of March 31, 2025. The company had $50,000,000 in debt outstanding and a weighted average effective interest rate of 0.16% for the period. The unsecured revolver had a total capacity of $750,000, with $197,892 outstanding.
Why It Matters
This filing provides a snapshot of Independence Realty Trust's financial health and debt levels at the end of Q1 2025, crucial for investors assessing its stability and leverage.
Risk Assessment
Risk Level: medium — The company has significant debt and interest rate exposure, which can be sensitive to market fluctuations.
Key Numbers
- $3,158M — Total Assets (As of March 31, 2025, indicating the company's overall size.)
- $1,305M — Total Liabilities (As of March 31, 2025, showing the company's financial obligations.)
- $50.0M — Debt Outstanding (Represents the company's leverage as of March 31, 2025.)
- 0.16% — Weighted Average Interest Rate (For the three months ended March 31, 2025, reflecting borrowing costs.)
- $197.9K — Unsecured Revolver Outstanding (As of March 31, 2025, showing a portion of available credit used.)
Key Players & Entities
- INDEPENDENCE REALTY TRUST, INC. (company) — Filer
- March 31, 2025 (date) — Reporting period end date
- $3,158 million (dollar_amount) — Total assets as of March 31, 2025
- $1,305 million (dollar_amount) — Total liabilities as of March 31, 2025
- $50,000,000 (dollar_amount) — Debt outstanding
- 0.16% (dollar_amount) — Weighted average effective interest rate
- $750,000 (dollar_amount) — Unsecured revolver total capacity
- $197,892 (dollar_amount) — Outstanding unsecured revolver balance
FAQ
What were Independence Realty Trust's total assets and liabilities as of March 31, 2025?
As of March 31, 2025, Independence Realty Trust had total assets of $3,158 million and total liabilities of $1,305 million.
How much debt was outstanding for Independence Realty Trust as of March 31, 2025?
Independence Realty Trust had $50,000,000 in debt outstanding as of March 31, 2025.
What was the weighted average effective interest rate for the period ending March 31, 2025?
The weighted average effective interest rate for the three months ended March 31, 2025, was 0.16%.
What is the total capacity of the unsecured revolver, and how much was outstanding?
The unsecured revolver has a total capacity of $750,000, of which $197,892 was outstanding as of March 31, 2025.
What is the company's fiscal year end?
Independence Realty Trust's fiscal year ends on December 31.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 1, 2025 regarding INDEPENDENCE REALTY TRUST, INC. (IRT).