Irish Residential Properties REIT Plc

Irish Residential Properties REIT Plcverified

IRES.IR

Price:

$0.873

Market Cap:

$462.32M

Irish Residential Properties REIT Plc (“I•RES” registration # 529737) is an Irish REIT focused on consolidating the fragmented Irish rental market by targeting quality multi-unit residential real estate in Dublin and other major centres. I•RES is externally managed by certain subsidiaries of CAPREIT (TSX:CAR.UN). Through its arrangements with CAPREIT, I•RES's operational strategy is to deliver superior customer service, enhance tenant retention, and deliver quality homes by leveraging CAPREIT's hands-on experience, and proven operating philosophies. I•RES was listed on the Irish Stock Exchange (now Euronext Dublin) in April 2014.[Read more]

Industry

REIT - Residential

IPO Date

2014-04-16

Stock Exchange

EURONEXT

Ticker

IRES.IR

The Current Ratio as of September 2024 (TTM) for Irish Residential Properties REIT Plc (IRES.IR) is 0.73

According to Irish Residential Properties REIT Plc’s latest financial reports and current stock price. The company's current Current Ratio is 0.73. This represents a change of -69.04% compared to the average of 2.36 of the last 4 quarters.

Irish Residential Properties REIT Plc (IRES.IR) Historical Current Ratio (quarterly & annually)

How has IRES.IR Current Ratio performed in the past?

The mean historical Current Ratio of Irish Residential Properties REIT Plc over the last ten years is 0.96. The current 0.73 Current Ratio has changed 7.52% with respect to the historical average. Over the past ten years (40 quarters), IRES.IR's Current Ratio was at its highest in in the June 2014 quarter at 44.26. The Current Ratio was at its lowest in in the March 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

0.96

Median

0.99

Minimum

0.26

Maximum

1.43

Irish Residential Properties REIT Plc (IRES.IR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Irish Residential Properties REIT Plc Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.59%

Maximum Annual Current Ratio = 1.43

Minimum Annual Increase = -79.64%

Minimum Annual Current Ratio = 0.26

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.735.27%
20220.70-36.59%
20211.10-23.22%
20201.4332.21%
20191.08-22.96%
20181.4055.88%
20170.9021.52%
20160.74186.76%
20150.26-79.64%
20141.273.59%

Irish Residential Properties REIT Plc (IRES.IR) Average Current Ratio

How has IRES.IR Current Ratio performed in the past?

The current Current Ratio of Irish Residential Properties REIT Plc (IRES.IR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.84

5-year avg

1.01

10-year avg

0.96

Irish Residential Properties REIT Plc (IRES.IR) Current Ratio vs. Peers

How is IRES.IR’s Current Ratio compared to its peers?

Irish Residential Properties REIT Plc’s Current Ratio is greater than Dalata Hotel Group plc (0.69), greater than Bank of Ireland Group plc (0), less than Kingspan Group plc (1.65), greater than Irish Continental Group plc (0.55), less than AIB Group plc (51.56),

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Frequently asked questions❓

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