Independence Realty Trust Inc (IRT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Independence Realty Trust Inc (IRT) has a cash flow conversion efficiency ratio of 0.022x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($79.34 Million) by net assets ($3.62 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Independence Realty Trust Inc - Cash Flow Conversion Efficiency Trend (2010–2024)
This chart illustrates how Independence Realty Trust Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read IRT total liabilities for a breakdown of total debt and financial obligations.
Independence Realty Trust Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Independence Realty Trust Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Xiamen Faratronic Co Ltd
SHG:600563
|
0.037x |
|
Carnival Plc ADS
NYSE:CUK
|
0.097x |
|
FLSmidth & Co.
CO:FLS
|
0.047x |
|
Air Canada
TO:AC
|
0.163x |
|
Golar LNG Limited
F:G2O
|
0.040x |
|
Grupo Cementos de Chihuahua S.A.B. de C.V
MX:GCC
|
-91.732x |
|
Great Wall Motor Company Limited
F:GRV
|
0.068x |
|
Narayana Hrudayalaya Ltd.
NSE:NH
|
0.390x |
Annual Cash Flow Conversion Efficiency for Independence Realty Trust Inc (2010–2024)
The table below shows the annual cash flow conversion efficiency of Independence Realty Trust Inc from 2010 to 2024. For the full company profile with market capitalisation and key ratios, see Independence Realty Trust Inc stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $3.58 Billion | $259.75 Million | 0.073x | -1.14% |
| 2023-12-31 | $3.57 Billion | $262.17 Million | 0.073x | +10.09% |
| 2022-12-31 | $3.74 Billion | $249.54 Million | 0.067x | +365.28% |
| 2021-12-31 | $3.64 Billion | $52.26 Million | 0.014x | -86.36% |
| 2020-12-31 | $712.77 Million | $74.96 Million | 0.105x | -13.10% |
| 2019-12-31 | $619.76 Million | $75.00 Million | 0.121x | +11.26% |
| 2018-12-31 | $630.04 Million | $68.53 Million | 0.109x | +29.37% |
| 2017-12-31 | $646.12 Million | $54.32 Million | 0.084x | +690.08% |
| 2016-12-31 | $528.69 Million | $-7.53 Million | -0.014x | -129.68% |
| 2015-12-31 | $390.03 Million | $18.73 Million | 0.048x | -19.69% |
| 2014-12-31 | $263.03 Million | $15.72 Million | 0.060x | -25.59% |
| 2013-12-31 | $74.91 Million | $6.02 Million | 0.080x | -8.89% |
| 2012-12-31 | $50.85 Million | $4.48 Million | 0.088x | +88.96% |
| 2011-12-31 | $47.06 Million | $2.20 Million | 0.047x | +156.95% |
| 2010-12-31 | $206.92K | $3.76K | 0.018x | -- |
About Independence Realty Trust Inc
Independence Realty Trust, Inc. (NYSE: IRT), an S&P 400 MidCap Company, is a real estate investment trust ("REIT") that owns and operates multifamily communities, across non-gateway U.S. markets. IRT's investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT's main objective is to… Read more