IRhythm Net Interest Income vs Selling General Administrative Analysis

IRTC Stock  USD 112.11  0.08  0.07%   
IRhythm Technologies financial indicator trend analysis is infinitely more than just investigating iRhythm Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iRhythm Technologies is a good investment. Please check the relationship between IRhythm Technologies Net Interest Income and its Selling General Administrative accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iRhythm Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade IRhythm Stock refer to our How to Trade IRhythm Stock guide.

Net Interest Income vs Selling General Administrative

Net Interest Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iRhythm Technologies Net Interest Income account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between IRhythm Technologies' Net Interest Income and Selling General Administrative is 0.84. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of iRhythm Technologies, assuming nothing else is changed. The correlation between historical values of IRhythm Technologies' Net Interest Income and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of iRhythm Technologies are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Interest Income i.e., IRhythm Technologies' Net Interest Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Selling General Administrative

Most indicators from IRhythm Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iRhythm Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iRhythm Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade IRhythm Stock refer to our How to Trade IRhythm Stock guide.At present, IRhythm Technologies' Tax Provision is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Interest Expense4.1M3.7M4.2M2.6M
Depreciation And Amortization19.6M22.1M25.5M26.7M

IRhythm Technologies fundamental ratios Correlations

0.970.820.870.97-0.330.950.910.770.62-0.860.850.770.880.70.690.510.910.82-0.260.880.860.80.380.810.88
0.970.840.870.91-0.330.90.920.780.74-0.870.890.660.90.710.580.590.830.82-0.270.860.870.720.480.810.84
0.820.840.990.76-0.390.860.940.960.84-0.970.70.490.970.960.390.620.630.99-0.680.770.820.50.360.960.96
0.870.870.990.81-0.350.90.980.960.79-0.980.770.60.990.940.460.540.70.99-0.640.770.840.570.410.970.98
0.970.910.760.81-0.420.970.830.720.53-0.790.810.80.810.610.710.520.960.75-0.220.930.790.840.160.720.81
-0.33-0.33-0.39-0.35-0.42-0.44-0.25-0.43-0.190.35-0.31-0.38-0.27-0.26-0.04-0.76-0.39-0.350.2-0.61-0.25-0.030.33-0.3-0.33
0.950.90.860.90.97-0.440.90.810.63-0.860.790.770.890.740.680.550.930.85-0.430.910.790.810.180.810.89
0.910.920.940.980.83-0.250.90.90.8-0.940.840.640.990.880.520.470.750.95-0.570.750.840.650.510.930.95
0.770.780.960.960.72-0.430.810.90.71-0.960.740.550.920.920.240.540.570.98-0.640.740.770.380.30.970.95
0.620.740.840.790.53-0.190.630.80.71-0.780.540.090.830.810.280.640.410.78-0.610.590.710.430.450.740.69
-0.86-0.87-0.97-0.98-0.790.35-0.86-0.94-0.96-0.78-0.74-0.56-0.96-0.93-0.41-0.58-0.65-0.980.52-0.77-0.84-0.52-0.41-0.97-0.97
0.850.890.70.770.81-0.310.790.840.740.54-0.740.740.790.530.330.370.750.72-0.20.770.770.560.380.720.74
0.770.660.490.60.8-0.380.770.640.550.09-0.560.740.590.360.580.160.850.55-0.110.630.50.610.170.560.67
0.880.90.970.990.81-0.270.890.990.920.83-0.960.790.590.920.490.50.710.97-0.620.750.820.610.490.950.96
0.70.710.960.940.61-0.260.740.880.920.81-0.930.530.360.920.330.510.470.96-0.760.60.70.380.420.940.92
0.690.580.390.460.71-0.040.680.520.240.28-0.410.330.580.490.330.170.810.39-0.110.480.50.90.260.350.5
0.510.590.620.540.52-0.760.550.470.540.64-0.580.370.160.50.510.170.410.54-0.290.730.480.23-0.020.510.47
0.910.830.630.70.96-0.390.930.750.570.41-0.650.750.850.710.470.810.410.63-0.170.830.690.90.160.60.72
0.820.820.990.990.75-0.350.850.950.980.78-0.980.720.550.970.960.390.540.63-0.670.740.820.490.380.980.98
-0.26-0.27-0.68-0.64-0.220.2-0.43-0.57-0.64-0.610.52-0.2-0.11-0.62-0.76-0.11-0.29-0.17-0.67-0.23-0.3-0.14-0.18-0.63-0.6
0.880.860.770.770.93-0.610.910.750.740.59-0.770.770.630.750.60.480.730.830.74-0.230.760.67-0.030.680.74
0.860.870.820.840.79-0.250.790.840.770.71-0.840.770.50.820.70.50.480.690.82-0.30.760.650.420.780.82
0.80.720.50.570.84-0.030.810.650.380.43-0.520.560.610.610.380.90.230.90.49-0.140.670.650.190.460.58
0.380.480.360.410.160.330.180.510.30.45-0.410.380.170.490.420.26-0.020.160.38-0.18-0.030.420.190.450.41
0.810.810.960.970.72-0.30.810.930.970.74-0.970.720.560.950.940.350.510.60.98-0.630.680.780.460.450.98
0.880.840.960.980.81-0.330.890.950.950.69-0.970.740.670.960.920.50.470.720.98-0.60.740.820.580.410.98
Click cells to compare fundamentals

IRhythm Technologies Account Relationship Matchups

IRhythm Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets511.7M463.0M448.2M433.1M498.1M287.1M
Short Long Term Debt Total122.5M117.7M131.0M129.8M149.3M84.4M
Other Current Liab32.4M40.3M50.1M65.3M75.1M78.9M
Total Current Liabilities65.7M87.9M89.1M107.4M123.5M129.6M
Total Stockholder Equity341.6M279.5M239.8M210.1M241.6M137.6M
Net Tangible Assets134.5M340.8M278.7M239.0M274.8M288.5M
Property Plant And Equipment Net119.0M140.5M136.3M153.4M176.4M185.3M
Current Deferred Revenue930K3.0M3.1M3.3M3.8M4.0M
Net Debt33.8M(9.9M)52.2M93.7M107.7M113.1M
Retained Earnings(304.7M)(406.0M)(522.2M)(645.6M)(581.0M)(552.0M)
Accounts Payable4.4M10.5M7.5M5.5M6.4M5.0M
Cash88.6M127.6M78.8M36.2M41.6M51.2M
Non Current Assets Total133.9M157.4M159.5M202.3M232.7M244.3M
Non Currrent Assets Other14.1M16.1M22.3M45.0M51.8M54.4M
Other Assets7.9M98.8M16.1M22.3M25.6M19.3M
Long Term Debt21.3M9.7M34.9M35.0M40.2M29.7M
Cash And Short Term Investments335.2M239.1M213.1M133.8M153.8M152.1M
Net Receivables29.9M46.4M49.9M61.5M70.7M74.2M
Common Stock Shares Outstanding27.8M29.3M29.9M30.5M35.1M24.7M
Short Term Investments246.6M111.6M134.3M97.6M112.2M106.8M
Liabilities And Stockholders Equity511.7M463.0M448.2M433.1M498.1M287.1M
Non Current Liabilities Total104.5M95.6M119.3M115.7M133.0M96.7M
Inventory5.3M10.3M15.2M14.0M16.1M16.9M
Other Current Assets14.7M19.4M21.1M21.6M24.8M26.1M
Other Stockholder Equity646.3M685.6M762.4M855.8M984.2M1.0B
Total Liab170.1M183.5M208.4M223.0M256.5M149.5M
Property Plant And Equipment Gross119.0M140.5M136.3M203.9M234.5M246.3M
Total Current Assets377.8M305.5M288.8M230.8M265.4M194.6M
Accumulated Other Comprehensive Income11K(61K)(396K)(112K)(128.8K)(135.2K)
Short Term Debt28.0M34.0M26.1M30.3M34.9M24.3M
Property Plant Equipment116.6M34.2M140.5M75.7M87.0M47.6M
Long Term Debt Total34.9M33.0M21.3M34.9M31.4M25.1M
Capital Surpluse258.0M395.7M646.3M762.4M876.7M920.6M
Retained Earnings Total Equity(203.5M)(260.4M)(304.7M)(522.2M)(470.0M)(446.5M)
Non Current Liabilities Other83.1M697K1.3M1.0M910.8K865.3K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether iRhythm Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IRhythm Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Irhythm Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Irhythm Technologies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iRhythm Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade IRhythm Stock refer to our How to Trade IRhythm Stock guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IRhythm Technologies. If investors know IRhythm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IRhythm Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.85)
Revenue Per Share
18.045
Quarterly Revenue Growth
0.184
Return On Assets
(0.09)
Return On Equity
(1.03)
The market value of iRhythm Technologies is measured differently than its book value, which is the value of IRhythm that is recorded on the company's balance sheet. Investors also form their own opinion of IRhythm Technologies' value that differs from its market value or its book value, called intrinsic value, which is IRhythm Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IRhythm Technologies' market value can be influenced by many factors that don't directly affect IRhythm Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IRhythm Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if IRhythm Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IRhythm Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.