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Independence Realty Trust (Independence Realty Trust) Scaled Net Operating Assets : 0.93 (As of Dec. 2023)


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What is Independence Realty Trust Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Independence Realty Trust's operating assets for the quarter that ended in Dec. 2023 was $6,257.3 Mil. Independence Realty Trust's operating liabilities for the quarter that ended in Dec. 2023 was $163.6 Mil. Independence Realty Trust's Total Assets for the quarter that ended in Sep. 2023 was $6,577.8 Mil. Therefore, Independence Realty Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.93.


Independence Realty Trust Scaled Net Operating Assets Historical Data

The historical data trend for Independence Realty Trust's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Independence Realty Trust Scaled Net Operating Assets Chart

Independence Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.99 3.64 0.98 0.93

Independence Realty Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.98 0.98 0.93 0.93

Competitive Comparison of Independence Realty Trust's Scaled Net Operating Assets

For the REIT - Residential subindustry, Independence Realty Trust's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Independence Realty Trust's Scaled Net Operating Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Independence Realty Trust's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Independence Realty Trust's Scaled Net Operating Assets falls into.



Independence Realty Trust Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Independence Realty Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(6257.323-163.572)/6532.095
=0.93

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6280.175 - 22.852
=6257.323

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2712.981 - 1709.948 - 839.461
=163.572

Independence Realty Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(6257.323-163.572)/6577.79
=0.93

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6280.175 - 22.852
=6257.323

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2712.981 - 1709.948 - 839.461
=163.572

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Independence Realty Trust Scaled Net Operating Assets Related Terms

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Independence Realty Trust (Independence Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
1835 Market Street, Suite 2601, Philadelphia, PA, USA, 19103
Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Louisville, Memphis, Atlanta, and Raleigh. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and employment centers.
Executives
Michele R. Weisbaum other: General Counsel C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Scott Schaeffer director, officer: Chairman, CEO & President C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Ella S Neyland director, officer: Chief Operating Officer
Stephen R. Bowie director 18100 VON KARMAN AVENUE, SUITE 500, IRVINE CA 92612
Thomas H. Purcell director 18100 VON KARMAN AVENUE, SUITE 500, IRVINE CA 92612
Ned Brines director 18100 VON KARMAN AVENUE, SUITE 500, IRVINE CA 92612
Del Rio Ana Marie director 18100 VON KARMAN AVE, SUITE 500, IRVINE CA 92612
Lisa Washington director 311 ROUSER ROAD, MOON TOWNSHIP PA 15108
Richard H Ross director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
James J Sebra officer: CFO & Treasurer C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
William C Dunkelberg director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Jessica K Norman officer: EVP, General Counsel 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Jason R Delozier officer: CAO and Controller C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Richard D Gebert director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Melinda H Mcclure director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103