Iradimed Financials

IRMD Stock  USD 52.85  0.80  1.54%   
Based on the measurements of operating efficiency obtained from Iradimed's historical financial statements, Iradimed Co may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Iradimed's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 327.3 K, whereas Short and Long Term Debt Total is forecasted to decline to about 147 K. Key indicators impacting Iradimed's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.140.2626
Way Down
Slightly volatile
Return On Assets0.170.1956
Fairly Down
Pretty Stable
Return On Equity0.20.2215
Moderately Down
Slightly volatile
Debt Equity Ratio0.00170.0018
Notably Down
Slightly volatile
Current Ratio6.918.8392
Significantly Down
Slightly volatile
The financial analysis of Iradimed is a critical element in measuring its lifeblood. Investors should not minimize Iradimed's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

20.2 Million

  
Understanding current and past Iradimed Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Iradimed's financial statements are interrelated, with each one affecting the others. For example, an increase in Iradimed's assets may result in an increase in income on the income statement.

Iradimed Co Earnings Geography

Please note, the presentation of Iradimed's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Iradimed's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Iradimed's management manipulating its earnings.

Iradimed Stock Summary

Iradimed competes with Pulmonx Corp, Orthofix Medical, Neuropace, Integer Holdings, and Glaukos Corp. IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging compatible medical devices, and related accessories and services in the United States and internationally. IRADIMED CORPORATION was incorporated in 1992 and is headquartered in Winter Springs, Florida. Iradimed operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 110 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS46266A1097
CUSIP46266A109
LocationFlorida; U.S.A
Business Address1025 Willa Springs
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.iradimed.com
Phone407 677 8022
CurrencyUSD - US Dollar

Iradimed Key Financial Ratios

Iradimed Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets71.1M82.9M85.5M92.2M98.3M58.6M
Other Current Liab2.0M3.1M3.0M11.1M4.0M2.8M
Other Liab2.6M2.3M1.7M1.4M1.6M1.4M
Net Debt(47.4M)(59.5M)(55.8M)(47.7M)(52.1M)(49.5M)
Retained Earnings37.7M47.0M47.3M43.3M56.8M30.2M
Accounts Payable657.1K782.9K1.8M1.9M1.9M1.1M
Cash50.1M62.0M58.0M49.8M52.2M34.9M
Other Assets6.4M966.4K1.3M1.01.151.09
Net Receivables4.6M5.1M13.3M12.2M10.6M6.3M
Inventory3.9M4.3M5.4M12.8M10.4M10.9M
Other Current Assets3.2M4.3M885.1K1.2M2.0M1.2M
Total Liab9.7M10.7M11.8M20.7M11.5M8.7M
Total Current Assets63.7M76.2M78.2M76.0M75.2M51.6M
Short Term Debt255.7K276.6K293.5K428.0K153.3K145.6K
Intangible Assets960.9K1.1M2.1M2.5M3.1M3.3M
Common Stock1.2K1.3K1.3K1.3K1.3K1.2K
Net Tangible Assets54.7M60.4M71.1M71.6M82.3M50.6M
Capital Surpluse19.2M23.7M25.2M26.4M30.4M20.7M
Net Invested Capital61.4M72.2M73.7M71.4M86.8M68.2M
Net Working Capital58.8M69.4M69.6M59.7M66.7M61.6M

Iradimed Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense395.9K139.2K18.6K581.9K669.1K702.6K
Total Revenue31.7M41.8M53.3M65.6M73.2M38.6M
Gross Profit23.6M32.0M41.3M50.2M56.3M29.8M
Operating Income(756.1K)9.8M15.6M20.0M22.0M23.1M
Ebit(20.9K)10.6M15.6M20.0M23.0M24.2M
Research Development1.9M1.9M2.3M2.9M2.8M1.9M
Ebitda582.7K11.2M16.3M20.0M22.0M23.1M
Cost Of Revenue8.1M9.8M12.0M15.4M16.9M8.8M
Income Before Tax(616.9K)9.8M16.2M21.7M24.3M25.5M
Net Income1.4M9.3M12.8M17.2M19.2M20.2M
Income Tax Expense(2.0M)510.8K3.4M4.5M5.0M5.3M
Tax Provision(2.0M)510.8K3.4M4.4M5.0M5.3M
Interest Income132.2K34.8K581.9K1.9M2.2M2.3M
Net Interest Income132.2K34.8K581.9K1.9M2.2M2.3M

Iradimed Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory(282.9K)(393.3K)(1.3M)(7.5M)3.1M3.3M
Change In Cash6.6M11.9M(4.0M)(8.2M)2.5M3.2M
Free Cash Flow5.2M10.5M8.2M5.5M17.6M18.5M
Depreciation1.3M1.4M670.7K765.2K817.7K805.7K
Other Non Cash Items(70.1K)119.0K148.7K402.3K(3.0K)(2.9K)
Capital Expenditures636.7K741.8K1.9M8.0M8.0M8.4M
Net Income1.4M9.3M12.8M17.2M19.2M20.2M
End Period Cash Flow50.1M62.0M58.0M49.8M52.2M34.9M
Investments883.7K1.4M500K(7.8M)(8.8M)(8.4M)
Change Receivables(3.1M)2.7M(575.5K)(8.2M)(7.4M)(7.0M)
Change To Netincome1.3M4.3M2.1M1.6M1.8M1.8M

Iradimed Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Iradimed's current stock value. Our valuation model uses many indicators to compare Iradimed value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Iradimed competition to find correlations between indicators driving Iradimed's intrinsic value. More Info.
Iradimed Co is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about  0.59  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Iradimed Co is roughly  1.69 . At present, Iradimed's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Iradimed by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Iradimed Systematic Risk

Iradimed's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Iradimed volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Iradimed correlated with the market. If Beta is less than 0 Iradimed generally moves in the opposite direction as compared to the market. If Iradimed Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Iradimed is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Iradimed is generally in the same direction as the market. If Beta > 1 Iradimed moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Iradimed Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Iradimed's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Iradimed growth as a starting point in their analysis.

Price Earnings To Growth Ratio

3.23

At present, Iradimed's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Iradimed March 19, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Iradimed help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Iradimed Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Iradimed Co based on widely used predictive technical indicators. In general, we focus on analyzing Iradimed Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Iradimed's daily price indicators and compare them against related drivers.

Complementary Tools for Iradimed Stock analysis

When running Iradimed's price analysis, check to measure Iradimed's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Iradimed is operating at the current time. Most of Iradimed's value examination focuses on studying past and present price action to predict the probability of Iradimed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iradimed's price. Additionally, you may evaluate how the addition of Iradimed to your portfolios can decrease your overall portfolio volatility.
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