IRhythm Technologies Financials

IRTC Stock  USD 104.49  0.15  0.14%   
Based on the key indicators related to IRhythm Technologies' liquidity, profitability, solvency, and operating efficiency, iRhythm Technologies is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At present, IRhythm Technologies' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 84.9 M, whereas Total Current Liabilities is forecasted to decline to about 59.1 M. Key indicators impacting IRhythm Technologies' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio4.745.8224
Significantly Down
Pretty Stable
The financial analysis of IRhythm Technologies is a critical element in measuring its lifeblood. Investors should not minimize IRhythm Technologies' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(107.62 Million)

  
Understanding current and past IRhythm Technologies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of IRhythm Technologies' financial statements are interrelated, with each one affecting the others. For example, an increase in IRhythm Technologies' assets may result in an increase in income on the income statement.
Please note, the presentation of IRhythm Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, IRhythm Technologies' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of IRhythm Technologies' management manipulating its earnings.

IRhythm Technologies Stock Summary

IRhythm Technologies competes with Integer Holdings, CONMED, LivaNova PLC, Orthopediatrics Corp, and Neuropace. iRhythm Technologies, Inc., a digital healthcare company, provides ambulatory electrocardiogram monitoring products for patients at risk for arrhythmias in the United States. The company was incorporated in 2006 and is headquartered in San Francisco, California. Irhythm Technologies operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 1700 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS4500561067
CUSIP450056106
LocationCalifornia; U.S.A
Business Address699 8th Street,
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.irhythmtech.com
Phone415 632 5700
CurrencyUSD - US Dollar

IRhythm Technologies Key Financial Ratios

IRhythm Technologies Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets511.7M463.0M448.2M433.1M931.4M978.0M
Other Current Liab32.4M40.3M50.1M65.3M80.9M84.9M
Net Tangible Assets134.5M340.8M278.7M239.0M274.8M288.5M
Net Debt33.8M(9.9M)52.2M93.7M317.3M333.2M
Retained Earnings(304.7M)(406.0M)(522.2M)(645.6M)(758.9M)(721.0M)
Accounts Payable4.4M10.5M7.5M5.5M7.2M5.3M
Cash88.6M127.6M78.8M36.2M419.6M440.6M
Other Assets7.9M98.8M16.1M22.3M25.6M19.3M
Long Term Debt21.3M9.7M34.9M35.0M646.4M678.8M
Net Receivables29.9M46.4M49.9M61.5M79.9M83.9M
Inventory5.3M10.3M15.2M14.0M14.0M14.7M
Other Current Assets14.7M19.4M21.1M21.6M16.3M10.7M
Total Liab170.1M183.5M208.4M223.0M840.5M882.6M
Total Current Assets377.8M305.5M288.8M230.8M645.8M678.1M
Short Term Debt28.0M34.0M26.1M30.3M15.9M23.6M
Long Term Debt Total34.9M33.0M21.3M34.9M31.4M25.1M
Capital Surpluse258.0M395.7M646.3M762.4M876.7M920.6M

IRhythm Technologies Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense1.5M1.2M4.1M3.7M12.8M13.5M
Total Revenue265.2M322.8M410.9M492.7M591.8M621.4M
Gross Profit194.9M213.6M281.6M331.8M407.5M427.9M
Operating Income(43.7M)(99.9M)(87.2M)(125.2M)(115.5M)(109.7M)
Ebit(42.1M)(99.8M)(111.7M)(119.0M)(99.9M)(94.9M)
Research Development41.3M38.7M46.6M60.2M103.8M109.0M
Ebitda(29.2M)(83.2M)(92.1M)(96.9M)(74.1M)(77.8M)
Cost Of Revenue70.3M109.3M129.3M160.9M184.3M193.5M
Income Before Tax(43.6M)(101.0M)(115.9M)(122.7M)(112.7M)(107.1M)
Net Income(43.8M)(101.4M)(116.2M)(123.4M)(113.3M)(107.6M)
Income Tax Expense229K367K269K750K565K534.8K
Net Interest Income(1.5M)(1.2M)(4.1M)2.5M9.1M9.6M
Tax Provision229K367K269K750K565K359.7K

IRhythm Technologies Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory(1.4M)(5.0M)(5.1M)979K(224K)(235.2K)
Investments(118.8M)133.3M(22.6M)(10.7M)(123.0M)(116.8M)
Change In Cash68.2M38.9M(48.7M)(42.7M)391.8M411.4M
Free Cash Flow(27.3M)(65.8M)(52.8M)(90.5M)3.4M3.6M
Depreciation6.9M9.8M19.6M22.1M25.8M27.1M
Other Non Cash Items6.0M6.8M81.3M76.0M3.4M3.2M
Capital Expenditures13.6M28.1M29.8M40.4M48.9M51.4M
Net Income(43.8M)(101.4M)(116.2M)(123.4M)(113.3M)(107.6M)
End Period Cash Flow88.6M127.6M78.8M36.2M428.0M449.4M
Change To Netincome26.2M41.5M100.0M81.2M93.3M98.0M
Change Receivables(22.9M)(28.7M)(38.0M)(61.8M)(55.7M)(52.9M)

IRhythm Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining IRhythm Technologies's current stock value. Our valuation model uses many indicators to compare IRhythm Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IRhythm Technologies competition to find correlations between indicators driving IRhythm Technologies's intrinsic value. More Info.
iRhythm Technologies is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, IRhythm Technologies' Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IRhythm Technologies' earnings, one of the primary drivers of an investment's value.

iRhythm Technologies Systematic Risk

IRhythm Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IRhythm Technologies 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 iRhythm Technologies correlated with the market. If Beta is less than 0 IRhythm Technologies generally moves in the opposite direction as compared to the market. If IRhythm Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iRhythm Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IRhythm Technologies is generally in the same direction as the market. If Beta > 1 IRhythm Technologies moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in IRhythm Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various IRhythm Technologies' 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 IRhythm Technologies growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.57

At present, IRhythm Technologies' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

IRhythm Technologies March 23, 2025 Opportunity Range

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

Complementary Tools for IRhythm Stock analysis

When running IRhythm Technologies' price analysis, check to measure IRhythm Technologies' 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 IRhythm Technologies is operating at the current time. Most of IRhythm Technologies' value examination focuses on studying past and present price action to predict the probability of IRhythm Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRhythm Technologies' price. Additionally, you may evaluate how the addition of IRhythm Technologies to your portfolios can decrease your overall portfolio volatility.
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