SELECT * FROM `stock_list` WHERE `symbol` = "IRT" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 SELECT * FROM `stock_list` where symbol='IRT' AND exchange = 'NYSE' limit 0,1 SELECT * FROM `stock_list` WHERE `symbol` = "IRT" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
IRT (Independence Realty Trust) Market Cap
Independence Realty Trust's quarterly market cap
increased
from Sep. 2023 ($3,161.5 Mil) to Dec. 2023 ($3,438.0 Mil) and
increased
from Dec. 2023 ($3,438.0 Mil) to Mar. 2024 ($3,630.4 Mil).
Independence Realty Trust's annual market cap
declined
from Dec. 2021 ($5,702.1 Mil) to Dec. 2022 ($3,777.7 Mil) and
declined
from Dec. 2022 ($3,777.7 Mil) to Dec. 2023 ($3,438.0 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Independence Realty Trust's Enterprise Value for Today is $5,805.2 Mil.
Independence Realty Trust Market Cap Historical Data
* 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.
Competitive Comparison of Independence Realty Trust's Market Cap
For the REIT - Residential subindustry, Independence Realty Trust's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Independence Realty Trust's Market Cap distribution charts can be found below:
* The bar in red indicates where Independence Realty Trust's Market Cap falls into.
Independence Realty Trust Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 (NYSE:IRT) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Independence Realty Trust Market Cap Related Terms
Thank you for viewing the detailed overview of Independence Realty Trust's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Independence Realty Trust (Independence Realty Trust) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
IRT has been successfully added to your 