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iRhythm Technologies (IRTC) Financials

iRhythm Technologies logo
$100.75 -2.45 (-2.37%)
Closing price 04:00 PM Eastern
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$100.98 +0.23 (+0.23%)
As of 04:56 PM Eastern
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Annual Income Statements for iRhythm Technologies

Annual Income Statements for iRhythm Technologies

This table shows iRhythm Technologies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
-23 -21 -30 -50 -55 -44 -101 -116 -123 -113
Consolidated Net Income / (Loss)
-23 -21 -30 -50 -55 -44 -101 -116 -123 -113
Net Income / (Loss) Continuing Operations
-23 -21 -30 -50 -55 -44 -101 -116 -123 -113
Total Pre-Tax Income
-23 -21 -30 -50 -55 -44 -101 -116 -123 -113
Total Operating Income
-22 -16 -28 -46 -55 -44 -100 -114 -125 -116
Total Gross Profit
21 43 71 108 162 195 214 282 332 408
Total Revenue
36 64 99 147 215 265 323 411 493 592
Operating Revenue
36 64 99 147 215 265 323 411 493 592
Total Cost of Revenue
15 21 28 39 52 70 109 129 161 184
Operating Cost of Revenue
15 21 28 39 52 70 109 129 161 184
Total Operating Expenses
43 59 99 154 217 239 314 395 457 523
Selling, General & Admin Expense
37 52 85 133 180 197 275 322 386 419
Research & Development Expense
6.35 7.15 13 21 37 41 39 47 60 104
Restructuring Charge
- - - - - - 0.00 27 11 0.64
Total Other Income / (Expense), net
-1.06 -5.32 -2.15 -4.64 0.25 0.07 -1.05 -2.10 2.51 2.78
Interest Expense
1.06 3.25 3.39 6.14 1.64 1.52 1.17 4.14 3.65 20
Interest & Investment Income
- - - - - - - 2.35 6.35 22
Other Income / (Expense), net
- -2.07 1.24 1.50 1.90 1.59 0.12 -0.31 -0.20 1.25
Income Tax Expense
- 0.00 0.00 0.04 0.07 0.23 0.37 0.27 0.75 0.57
Basic Earnings per Share
($16.57) ($3.95) ($1.31) ($2.11) ($2.16) ($1.58) ($3.46) ($3.88) ($4.04) ($3.63)
Weighted Average Basic Shares Outstanding
1.38M 5.29M 22.63M 23.89M 25.27M 27.75M 29.33M 29.92M 30.53M 31.20M
Diluted Earnings per Share
($16.57) ($3.95) ($1.31) ($2.11) ($2.16) ($1.58) ($3.46) ($3.88) ($4.04) ($3.63)
Weighted Average Diluted Shares Outstanding
1.38M 5.29M 22.63M 23.89M 25.27M 27.75M 29.33M 29.92M 30.53M 31.20M
Weighted Average Basic & Diluted Shares Outstanding
1.38M 5.29M 22.63M 23.89M 25.27M 27.75M 29.51M 30.22M 30.98M 31.41M

Quarterly Income Statements for iRhythm Technologies

This table shows iRhythm Technologies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
-21 -20 -39 -18 -27 -39 -46 -20 -46 -1.33
Consolidated Net Income / (Loss)
-21 -20 -39 -18 -27 -39 -46 -20 -46 -1.33
Net Income / (Loss) Continuing Operations
-21 -20 -39 -18 -27 -39 -46 -20 -46 -1.33
Total Pre-Tax Income
-21 -20 -39 -18 -27 -38 -46 -20 -46 -1.18
Total Operating Income
-21 -21 -40 -19 -28 -39 -38 -23 -50 -4.08
Total Gross Profit
71 79 76 86 82 87 88 103 101 115
Total Revenue
104 113 111 124 125 133 132 148 148 164
Operating Revenue
104 113 111 124 125 133 132 148 148 164
Total Cost of Revenue
33 34 36 38 42 45 44 45 46 49
Operating Cost of Revenue
33 34 36 38 42 45 44 45 46 49
Total Operating Expenses
92 99 115 105 110 127 126 126 152 119
Selling, General & Admin Expense
81 87 100 91 94 100 109 107 103 100
Research & Development Expense
11 13 15 14 16 15 17 20 48 19
Total Other Income / (Expense), net
-0.25 0.57 0.48 0.60 0.68 0.74 -7.50 3.07 4.31 2.90
Interest Expense
0.61 1.01 0.95 0.83 0.93 0.94 10 3.31 3.33 3.32
Other Income / (Expense), net
- - 1.43 1.44 -0.11 -2.96 2.95 6.38 1.18 -9.26
Income Tax Expense
0.12 0.07 0.09 0.21 0.20 0.26 0.03 0.19 0.19 0.15
Basic Earnings per Share
($0.71) ($0.66) ($1.29) ($0.61) ($0.89) ($1.25) ($1.47) ($0.65) ($1.48) ($0.03)
Weighted Average Basic Shares Outstanding
30.06M 29.92M 30.30M 30.50M 30.61M 30.53M 31.03M 31.15M 31.26M 31.20M
Diluted Earnings per Share
($0.71) ($0.66) ($1.29) ($0.61) ($0.89) ($1.25) ($1.47) ($0.65) ($1.48) ($0.03)
Weighted Average Diluted Shares Outstanding
30.06M 29.92M 30.30M 30.50M 30.61M 30.53M 31.03M 31.15M 31.26M 31.20M
Weighted Average Basic & Diluted Shares Outstanding
30.11M 30.22M 30.47M 30.58M 30.65M 30.98M 31.10M 31.24M 31.30M 31.41M

Annual Cash Flow Statements for iRhythm Technologies

This table details how cash moves in and out of iRhythm Technologies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2021 2022 2023 2024
Net Change in Cash & Equivalents
17 26 -43 11 0.44 39 -49 -43 392
Net Cash From Operating Activities
-18 -17 -15 -29 -22 -38 -23 -50 3.39
Net Cash From Continuing Operating Activities
-18 -17 -15 -29 -22 -38 -23 -50 3.39
Net Income / (Loss) Continuing Operations
-23 -21 -30 -50 -55 -101 -116 -123 -113
Consolidated Net Income / (Loss)
-23 -21 -30 -50 -55 -101 -116 -123 -113
Depreciation Expense
0.49 0.57 1.60 2.27 3.45 9.84 13 16 21
Amortization Expense
0.12 0.26 -0.09 -0.70 8.11 8.39 5.77 0.77 6.51
Non-Cash Adjustments To Reconcile Net Income
3.02 10 21 33 51 92 136 152 180
Changes in Operating Assets and Liabilities, net
1.16 -6.73 -7.21 -13 -30 -46 -62 -96 -91
Net Cash From Investing Activities
-1.79 -68 -35 34 -89 105 -52 -1.21 -123
Net Cash From Continuing Investing Activities
-1.79 -68 -35 34 -89 105 -52 -1.21 -123
Purchase of Property, Plant & Equipment
-1.79 -2.76 -3.56 -5.18 -20 -28 -30 -40 -34
Acquisitions
- - - - - - 0.00 0.00 -15
Purchase of Investments
- -65 -130 -93 -166 -122 -189 -167 -175
Sale and/or Maturity of Investments
- - 99 132 97 256 166 207 101
Net Cash From Financing Activities
36 111 6.53 6.30 112 -29 27 8.82 511
Net Cash From Continuing Financing Activities
36 111 6.53 6.30 112 -29 27 8.82 511
Repayment of Debt
-4.91 - 0.00 -34 0.00 -12 -21 0.00 -136
Repurchase of Common Equity
- - - - - - 0.00 0.00 -25
Issuance of Debt
29 - 0.00 35 - 0.00 35 0.00 736
Issuance of Common Equity
- 114 - 9.32 9.50 8.94 13 8.82 8.47
Other Financing Activities, net
0.30 -3.18 6.53 -3.88 102 -26 0.00 0.00 -72
Other Net Changes in Cash
- - - - - - 0.00 -0.17 -0.01
Cash Interest Paid
0.34 1.59 1.55 6.07 1.64 1.19 3.32 2.96 6.39
Cash Income Taxes Paid
- - - - - 0.00 0.29 1.13 0.92

Quarterly Cash Flow Statements for iRhythm Technologies

This table details how cash moves in and out of iRhythm Technologies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
-30 7.61 -26 8.77 -14 -11 493 30 -31 -100
Net Cash From Operating Activities
3.67 13 -31 -4.57 1.20 -16 -52 12 24 19
Net Cash From Continuing Operating Activities
3.67 13 -31 -4.57 1.20 -16 -52 12 24 19
Net Income / (Loss) Continuing Operations
-21 -20 -39 -18 -27 -39 -46 -20 -46 -1.33
Consolidated Net Income / (Loss)
-21 -20 -39 -18 -27 -39 -46 -20 -46 -1.33
Depreciation Expense
3.44 3.48 3.58 3.79 4.07 4.91 5.13 5.16 5.14 5.29
Amortization Expense
-3.15 0.69 0.23 0.32 0.08 0.14 0.91 1.75 2.02 1.82
Non-Cash Adjustments To Reconcile Net Income
35 27 40 28 33 51 43 40 64 34
Changes in Operating Assets and Liabilities, net
-10 1.46 -35 -19 -8.98 -33 -55 -15 -0.65 -20
Net Cash From Investing Activities
-35 -8.11 3.82 9.01 -15 1.40 40 15 -55 -122
Net Cash From Continuing Investing Activities
-35 -8.11 3.82 9.01 -15 1.40 40 15 -55 -122
Purchase of Property, Plant & Equipment
-6.33 -7.09 -8.42 -9.40 -9.09 -14 -9.78 -8.49 -8.83 -6.84
Purchase of Investments
-46 -51 -34 -42 -36 -55 -2.43 -15 -40 -118
Sale and/or Maturity of Investments
17 50 46 61 30 70 52 38 8.50 2.50
Net Cash From Financing Activities
1.66 3.15 0.91 4.38 0.07 3.47 505 3.79 -0.04 2.99
Net Cash From Continuing Financing Activities
1.66 3.15 0.91 4.38 0.07 3.47 505 3.79 -0.04 2.99
Issuance of Common Equity
1.66 3.15 0.91 4.38 0.07 3.47 0.60 4.73 0.15 2.99
Other Net Changes in Cash
- - 0.00 -0.04 0.08 -0.20 -0.00 -0.01 0.01 0.00
Cash Income Taxes Paid
- 0.29 0.01 0.28 0.51 0.34 0.01 0.35 0.24 0.32

Annual Balance Sheets for iRhythm Technologies

This table presents iRhythm Technologies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets
38 138 133 118 306 512 463 448 433 931
Total Current Assets
33 119 120 104 173 378 306 289 231 646
Cash & Equivalents
25 52 - 20 20 89 128 79 36 420
Short-Term Investments
- 54 - 58 120 247 112 134 98 116
Accounts Receivable
5.58 9.41 13 20 24 30 46 50 61 80
Inventories, net
1.15 1.39 - 2.06 4.04 5.31 10 15 14 14
Prepaid Expenses
0.81 1.67 - 4.10 4.34 7.36 9.69 11 22 16
Plant, Property, & Equipment, net
2.04 4.65 6.30 9.16 26 34 56 76 104 125
Total Noncurrent Assets
3.01 15 0.00 4.07 107 100 102 84 98 161
Long-Term Investments
- 11 - 0.00 8.03 - - - 3.00 62
Goodwill
0.86 0.86 - 0.86 0.86 0.86 0.86 0.86 0.86 0.86
Other Noncurrent Operating Assets
2.15 3.05 - 3.21 98 99 101 83 94 98
Total Liabilities & Shareholders' Equity
38 138 133 118 306 512 463 448 433 931
Total Liabilities
42 46 70 65 171 170 183 208 223 841
Total Current Liabilities
8.78 13 21 30 52 66 88 89 107 111
Accounts Payable
1.46 2.10 - 2.28 8.24 4.37 11 7.52 5.54 7.22
Accrued Expenses
6.70 10 16 27 33 41 51 65 83 85
Current Deferred Revenue
0.51 0.95 - 1.22 1.25 0.93 3.05 3.05 3.31 2.93
Other Current Liabilities
- - - 0.00 7.91 8.17 11 13 15 16
Total Noncurrent Liabilities
34 32 54 35 119 104 96 119 116 730
Long-Term Debt
31 32 - 35 33 21 9.69 35 35 646
Other Noncurrent Operating Liabilities
3.05 0.13 54 0.00 86 83 86 84 81 83
Commitments & Contingencies
0.00 0.00 - 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-102 93 -157 52 135 342 280 240 210 91
Total Preferred & Common Equity
-102 93 79 52 135 342 280 240 210 91
Preferred Stock
0.00 0.00 - 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
-102 93 -157 52 135 342 280 240 210 91
Common Stock
4.64 220 - 258 396 646 686 762 856 875
Retained Earnings
-106 -127 -157 -206 -260 -305 -406 -522 -646 -759
Treasury Stock
- - - - - - - - 0.00 -25
Accumulated Other Comprehensive Income / (Loss)
- -0.01 - -0.02 0.08 0.01 -0.06 -0.40 -0.11 0.17

Quarterly Balance Sheets for iRhythm Technologies

This table presents iRhythm Technologies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
440 422 429 440 910 919 910
Total Current Assets
286 254 242 234 687 678 628
Cash & Equivalents
71 53 62 47 520 551 520
Short-Term Investments
132 124 103 111 49 11 2.50
Accounts Receivable
61 50 51 50 90 86 77
Inventories, net
14 16 14 14 15 15 15
Prepaid Expenses
7.33 12 12 12 14 15 13
Plant, Property, & Equipment, net
72 82 90 97 112 118 122
Total Noncurrent Assets
83 86 98 109 110 124 159
Long-Term Investments
- - - - - - 59
Goodwill
0.86 0.86 0.86 0.86 0.86 0.86 0.86
Other Noncurrent Operating Assets
82 85 97 108 109 123 99
Total Liabilities & Shareholders' Equity
440 422 429 440 910 919 910
Total Liabilities
201 200 206 220 819 820 838
Total Current Liabilities
84 82 89 102 97 98 100
Accounts Payable
7.40 9.78 7.15 7.21 8.44 13 7.59
Accrued Expenses
60 55 64 77 70 66 74
Current Deferred Revenue
3.00 3.49 3.70 3.38 3.07 3.15 3.03
Other Current Liabilities
13 14 14 15 15 15 16
Total Noncurrent Liabilities
118 118 116 118 723 722 738
Long-Term Debt
35 35 35 35 644 645 646
Other Noncurrent Operating Liabilities
83 83 81 83 79 77 92
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
239 222 224 220 90 99 72
Total Preferred & Common Equity
239 222 224 220 90 99 72
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
239 222 224 220 90 99 72
Common Stock
742 783 804 827 807 835 854
Retained Earnings
-502 -561 -580 -607 -691 -711 -758
Treasury Stock
- - - - -25 -25 -25
Accumulated Other Comprehensive Income / (Loss)
-0.68 -0.07 -0.15 -0.02 -0.09 0.18 -0.07

Annual Metrics and Ratios for iRhythm Technologies

This table displays calculated financial ratios and metrics derived from iRhythm Technologies' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
66.17% 77.29% 54.72% 48.57% 45.68% 23.59% 21.74% 27.29% 19.90% 20.13%
EBITDA Growth
-45.87% 19.94% -47.65% -71.51% 3.07% 30.47% -184.07% -16.34% -14.03% 19.60%
EBIT Growth
-46.50% 18.38% -49.27% -67.68% -19.62% 20.39% -137.22% -14.30% -9.87% 8.86%
NOPAT Growth
-46.50% 27.96% -77.07% -65.60% -19.84% 20.24% -128.84% -13.85% -10.00% 7.71%
Net Income Growth
-44.01% 8.32% -42.28% -69.39% -8.32% 19.68% -131.26% -14.60% -6.24% 8.20%
EPS Growth
-37.51% 76.16% 66.84% -61.07% -2.37% 26.85% -118.99% -12.14% -4.12% 10.15%
Operating Cash Flow Growth
-15.22% 7.52% 10.45% -95.11% 24.85% 37.07% -174.39% 39.05% -117.72% 106.77%
Free Cash Flow Firm Growth
0.00% -11.02% 320.28% -334.27% 44.00% 5.94% -91.45% 13.86% -68.90% 16.25%
Invested Capital Growth
0.00% 817.11% -761.54% 117.41% 146.39% 81.06% 56.70% -0.22% 75.78% 29.19%
Revenue Q/Q Growth
0.00% 0.00% 11.34% 9.66% 8.78% 8.03% 0.94% 8.11% 4.21% 5.68%
EBITDA Q/Q Growth
0.00% 0.00% -24.19% -1.54% -5.74% 24.18% -36.33% 9.74% -19.61% 21.98%
EBIT Q/Q Growth
0.00% 0.00% -25.51% -1.49% -8.71% 15.29% -29.74% 8.93% -17.51% 16.42%
NOPAT Q/Q Growth
0.00% 0.00% -31.40% -4.94% -9.25% 15.72% -29.25% 9.18% -17.33% 23.31%
Net Income Q/Q Growth
0.00% 0.00% -21.20% -10.53% -1.92% 14.86% -29.09% 9.57% -17.64% 24.80%
EPS Q/Q Growth
0.00% 0.00% -123.99% 0.00% 0.00% 18.13% -29.59% 10.39% -17.10% 25.15%
Operating Cash Flow Q/Q Growth
0.00% 21.85% -22.97% -2.29% -2.28% 47.96% -123.52% 52.68% -132.45% 110.66%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% -346.99% 52.05% 23.03% -22.71% 16.28% -33.86% 22.78%
Invested Capital Q/Q Growth
0.00% 0.00% -536.34% 115.80% 36.94% -6.75% -2.53% -12.76% 12.48% 2.49%
Profitability Metrics
- - - - - - - - - -
Gross Margin
59.32% 67.41% 71.55% 73.66% 75.54% 73.50% 66.16% 68.54% 67.35% 68.86%
EBITDA Margin
-58.17% -26.27% -25.07% -28.94% -19.25% -10.83% -25.27% -23.10% -21.97% -14.70%
Operating Margin
-59.85% -24.32% -27.83% -31.02% -25.52% -16.47% -30.96% -27.69% -25.40% -19.52%
EBIT Margin
-59.85% -27.55% -26.59% -30.00% -24.64% -15.87% -30.92% -27.77% -25.44% -19.30%
Profit (Net Income) Margin
-63.09% -32.62% -30.00% -34.21% -25.43% -16.53% -31.40% -28.27% -25.05% -19.14%
Tax Burden Percent
100.48% 100.00% 100.00% 100.09% 100.12% 100.53% 100.36% 100.23% 100.61% 100.50%
Interest Burden Percent
104.90% 118.40% 112.85% 113.90% 103.11% 103.61% 101.17% 101.57% 97.84% 98.66%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-3,622.42% -256.55% 0.00% 0.00% -250.57% -99.97% -138.34% -129.15% -103.14% -65.16%
ROIC Less NNEP Spread (ROIC-NNEP)
-3,907.92% -231.42% 0.00% 0.00% -229.88% -93.59% -126.26% -110.71% -77.58% 57.64%
Return on Net Nonoperating Assets (RNNOA)
4,629.44% 209.07% 0.00% 0.00% 192.38% 81.59% 105.70% 84.42% 48.28% -10.12%
Return on Equity (ROE)
1,007.02% -47.49% 92.59% 96.27% -58.19% -18.38% -32.64% -44.73% -54.86% -75.27%
Cash Return on Invested Capital (CROIC)
-3,822.42% -417.23% 0.00% -1,036.41% -335.09% -157.65% -182.52% -128.93% -158.10% -90.63%
Operating Return on Assets (OROA)
-57.12% -20.06% -19.41% -35.22% -24.95% -10.29% -20.48% -25.04% -28.45% -16.75%
Return on Assets (ROA)
-60.20% -23.75% -21.91% -40.16% -25.76% -10.72% -20.80% -25.50% -28.00% -16.60%
Return on Common Equity (ROCE)
22,601.08% 4.89% 92.59% 96.27% -58.19% -18.38% -32.64% -44.73% -54.86% -75.27%
Return on Equity Simple (ROE_SIMPLE)
22.43% -22.58% -37.48% -96.63% -40.30% -12.83% -36.26% -48.44% -58.74% -124.62%
Net Operating Profit after Tax (NOPAT)
-15 -11 -19 -32 -38 -31 -70 -80 -88 -81
NOPAT Margin
-41.90% -17.02% -19.48% -21.72% -17.86% -11.53% -21.67% -19.38% -17.78% -13.66%
Net Nonoperating Expense Percent (NNEP)
285.51% -25.14% 98.43% 58.60% -20.69% -6.38% -12.08% -18.44% -25.56% -122.80%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - -28.99% -35.75% -10.97%
Cost of Revenue to Revenue
40.68% 32.59% 28.45% 26.34% 24.46% 26.50% 33.84% 31.46% 32.65% 31.14%
SG&A Expenses to Revenue
101.61% 80.57% 86.00% 90.52% 83.67% 74.38% 85.14% 78.41% 78.27% 70.72%
R&D to Revenue
17.57% 11.16% 13.38% 14.16% 17.38% 15.59% 11.98% 11.34% 12.23% 17.54%
Operating Expenses to Revenue
119.18% 91.73% 99.38% 104.68% 101.06% 89.97% 97.11% 96.23% 92.75% 88.37%
Earnings before Interest and Taxes (EBIT)
-22 -18 -26 -44 -53 -42 -100 -114 -125 -114
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-21 -17 -25 -43 -41 -29 -82 -95 -108 -87
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.00 7.17 0.00 32.23 13.39 20.05 12.39 11.76 15.62 31.04
Price to Tangible Book Value (P/TBV)
0.00 7.24 0.00 32.77 13.47 20.10 12.43 11.80 15.68 31.34
Price to Revenue (P/Rev)
0.00 10.36 12.99 11.41 8.45 25.83 10.73 6.86 6.66 4.77
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 75.51 0.00 185.32 78.09 166.15 52.56 42.89 29.36 20.52
Enterprise Value to Revenue (EV/Rev)
0.00 9.04 12.99 11.11 7.92 24.69 10.05 6.43 6.45 4.85
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 846.94
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 32.97 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
-6.75 0.35 0.00 0.67 0.26 0.10 0.08 0.15 0.17 7.11
Long-Term Debt to Equity
-6.75 0.35 0.00 0.67 0.24 0.06 0.03 0.15 0.17 7.11
Financial Leverage
-1.18 -0.90 -0.33 -0.60 -0.84 -0.87 -0.84 -0.76 -0.62 -0.18
Leverage Ratio
-8.36 2.00 -4.23 -2.40 2.26 1.71 1.57 1.75 1.96 4.53
Compound Leverage Factor
-8.77 2.37 -4.77 -2.73 2.33 1.78 1.59 1.78 1.92 4.47
Debt to Total Capital
117.40% 25.83% 0.00% 40.10% 20.51% 8.81% 7.10% 12.72% 14.26% 87.67%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 1.14% 3.11% 3.88% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
117.40% 25.83% 0.00% 40.10% 19.37% 5.70% 3.22% 12.72% 14.26% 87.67%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
373.10% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
-390.50% 74.17% 100.00% 59.90% 79.49% 91.19% 92.90% 87.28% 85.74% 12.33%
Debt to EBITDA
-1.45 -1.91 0.00 -0.82 -0.85 -1.15 -0.26 -0.37 -0.32 -7.43
Net Debt to EBITDA
-0.25 5.04 0.00 1.02 2.75 10.52 2.67 1.88 0.94 -0.56
Long-Term Debt to EBITDA
-1.45 -1.91 0.00 -0.82 -0.80 -0.74 -0.12 -0.37 -0.32 -7.43
Debt to NOPAT
-2.02 -2.95 0.00 -1.09 -0.91 -1.08 -0.31 -0.44 -0.40 -8.00
Net Debt to NOPAT
-0.35 7.78 0.00 1.36 2.97 9.89 3.11 2.24 1.16 -0.61
Long-Term Debt to NOPAT
-2.02 -2.95 0.00 -1.09 -0.86 -0.70 -0.14 -0.44 -0.40 -8.00
Altman Z-Score
0.00 8.40 10.35 13.73 5.78 24.30 10.65 7.10 7.26 1.79
Noncontrolling Interest Sharing Ratio
-2,144.35% 110.29% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
3.74 8.98 5.60 3.44 3.32 5.75 3.48 3.24 2.15 5.82
Quick Ratio
3.51 8.74 0.61 3.24 3.16 5.56 3.25 2.95 1.82 5.55
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-16 -18 39 -92 -51 -48 -92 -80 -134 -112
Operating Cash Flow to CapEx
-1,007.55% -602.64% -418.61% -561.64% -106.87% -101.53% -134.51% -77.14% -123.94% 9.99%
Free Cash Flow to Firm to Interest Expense
-15.09 -5.46 11.54 -14.90 -31.20 -31.74 -78.96 -19.21 -36.79 -5.51
Operating Cash Flow to Interest Expense
-17.00 -5.13 -4.40 -4.74 -13.31 -9.06 -32.30 -5.56 -13.73 0.17
Operating Cash Flow Less CapEx to Interest Expense
-18.69 -5.98 -5.46 -5.58 -25.76 -17.98 -56.30 -12.77 -24.80 -1.50
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.95 0.73 0.73 1.17 1.01 0.65 0.66 0.90 1.12 0.87
Accounts Receivable Turnover
6.48 8.55 8.80 8.95 9.83 9.86 8.46 8.53 8.85 8.37
Inventory Turnover
12.84 16.48 0.00 0.00 17.21 15.03 14.02 10.17 11.05 13.16
Fixed Asset Turnover
17.75 19.16 18.11 19.06 12.05 8.74 7.16 6.24 5.48 5.16
Accounts Payable Turnover
10.08 11.73 0.00 0.00 9.97 11.15 14.69 14.34 24.64 28.88
Days Sales Outstanding (DSO)
56.33 42.68 41.50 40.80 37.14 37.03 43.17 42.79 41.27 43.61
Days Inventory Outstanding (DIO)
28.43 22.15 0.00 0.00 21.21 24.28 26.03 35.89 33.04 27.74
Days Payable Outstanding (DPO)
36.23 31.13 0.00 0.00 36.60 32.74 24.84 25.44 14.82 12.64
Cash Conversion Cycle (CCC)
48.53 33.70 41.50 40.80 21.74 28.57 44.35 53.23 59.49 58.71
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
0.84 7.67 -51 8.83 22 39 62 62 108 140
Invested Capital Turnover
86.46 15.07 -4.61 -7.03 14.03 8.67 6.38 6.66 5.80 4.77
Increase / (Decrease) in Invested Capital
0.84 6.83 -58 60 13 18 22 -0.14 47 32
Enterprise Value (EV)
0.00 579 1,288 1,637 1,699 6,546 3,245 2,642 3,179 2,871
Market Capitalization
0.00 664 1,288 1,680 1,813 6,849 3,463 2,820 3,281 2,822
Book Value per Share
($73.85) $4.18 ($6.82) $2.16 $5.09 $11.83 $9.50 $7.96 $6.85 $2.90
Tangible Book Value per Share
($74.48) $4.14 ($6.82) $2.12 $5.05 $11.80 $9.47 $7.94 $6.83 $2.88
Total Capital
26 125 -157 87 170 375 301 275 245 737
Total Debt
31 32 0.00 35 35 33 21 35 35 646
Total Long-Term Debt
31 32 0.00 35 33 21 9.69 35 35 646
Net Debt
5.25 -85 0.00 -43 -114 -302 -218 -178 -102 49
Capital Expenditures (CapEx)
1.79 2.76 3.56 5.18 20 14 28 30 40 34
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-1.25 -0.75 98 -4.38 -18 -11 -9.80 -13 -10 -0.65
Debt-free Net Working Capital (DFNWC)
24 105 98 74 123 324 229 200 123 535
Net Working Capital (NWC)
24 105 98 74 121 312 218 200 123 535
Net Nonoperating Expense (NNE)
7.66 10.00 10 18 16 13 31 37 36 32
Net Nonoperating Obligations (NNO)
5.36 -85 106 -43 -114 -302 -218 -178 -102 49
Total Depreciation and Amortization (D&A)
0.61 0.83 1.51 1.57 12 13 18 19 17 27
Debt-free, Cash-free Net Working Capital to Revenue
-3.44% -1.17% 99.24% -2.98% -8.33% -4.30% -3.03% -3.28% -2.10% -0.11%
Debt-free Net Working Capital to Revenue
66.56% 164.49% 99.24% 50.22% 57.18% 122.12% 71.04% 48.59% 25.06% 90.38%
Net Working Capital to Revenue
66.56% 164.49% 99.24% 50.22% 56.27% 117.72% 67.43% 48.59% 25.06% 90.38%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($16.57) ($3.95) ($1.30) ($2.02) ($2.16) ($1.58) ($3.46) ($3.88) ($4.04) ($3.63)
Adjusted Weighted Average Basic Shares Outstanding
1.38M 22.15M 23.45M 24.46M 26.80M 29.16M 29.33M 29.92M 30.53M 31.20M
Adjusted Diluted Earnings per Share
($16.57) ($3.95) ($1.30) ($2.02) ($2.16) ($1.58) ($3.46) ($3.88) ($4.04) ($3.63)
Adjusted Weighted Average Diluted Shares Outstanding
1.38M 22.15M 23.45M 24.46M 26.80M 29.16M 29.33M 29.92M 30.53M 31.20M
Adjusted Basic & Diluted Earnings per Share
($16.57) ($3.95) ($1.30) ($2.02) ($2.16) ($1.58) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
1.38M 5.29M 22.63M 23.89M 25.27M 27.75M 29.51M 30.22M 30.98M 31.41M
Normalized Net Operating Profit after Tax (NOPAT)
-15 -11 -19 -32 -38 -31 -70 -61 -80 -80
Normalized NOPAT Margin
-41.90% -17.02% -19.48% -21.72% -17.86% -11.53% -21.67% -14.85% -16.21% -13.59%
Pre Tax Income Margin
-62.78% -32.62% -30.00% -34.18% -25.40% -16.44% -31.28% -28.20% -24.90% -19.05%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
-20.43 -5.44 -7.78 -7.19 -32.17 -27.70 -85.39 -27.57 -34.34 -5.60
NOPAT to Interest Expense
-14.30 -3.36 -5.70 -5.21 -23.33 -20.13 -59.85 -19.25 -24.00 -3.96
EBIT Less CapEx to Interest Expense
-22.11 -6.29 -8.84 -8.04 -44.62 -36.62 -109.40 -34.78 -45.42 -7.26
NOPAT Less CapEx to Interest Expense
-15.99 -4.21 -6.76 -6.05 -35.78 -29.05 -83.86 -26.46 -35.08 -5.62
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -22.07%

Quarterly Metrics and Ratios for iRhythm Technologies

This table displays calculated financial ratios and metrics derived from iRhythm Technologies' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
21.59% 37.67% 20.63% 21.64% 19.96% 17.67% 18.39% 19.27% 18.41% 24.01%
EBITDA Growth
-11.98% 38.95% 10.79% 29.31% -13.31% -124.33% 14.96% 27.30% -78.11% 83.20%
EBIT Growth
9.73% 35.69% 21.55% 25.65% -31.42% -103.59% 7.58% 4.79% -77.26% 68.33%
NOPAT Growth
9.43% 35.72% 18.63% 19.53% -30.91% -89.30% 3.46% -21.77% -82.24% 89.58%
Net Income Growth
9.61% 37.84% 22.72% 22.66% -26.41% -91.60% -16.77% -8.79% -70.31% 96.56%
EPS Growth
12.35% 40.54% 24.56% 23.75% -25.35% -89.39% -13.95% -6.56% -66.29% 97.60%
Operating Cash Flow Growth
-79.24% 196.40% 20.91% -1,129.03% -67.40% -227.00% -69.18% 358.97% 1,935.70% 220.41%
Free Cash Flow Firm Growth
41.06% 68.02% -34.57% -138.03% -104.11% -416.41% -200.52% -225.05% -67.75% 53.48%
Invested Capital Growth
11.48% -0.22% 13.33% 25.31% 36.32% 75.78% 105.47% 94.20% 41.79% 29.19%
Revenue Q/Q Growth
1.79% 8.42% -1.05% 11.39% 0.38% 6.35% -0.44% 12.22% -0.34% 11.38%
EBITDA Q/Q Growth
-10.30% 20.51% -106.76% 61.11% -76.79% -57.38% 14.61% 66.75% -333.10% 85.15%
EBIT Q/Q Growth
10.08% 1.84% -83.94% 54.20% -58.92% -52.07% 10.20% 52.82% -195.89% 72.83%
NOPAT Q/Q Growth
10.08% 1.84% -90.86% 52.23% -46.26% -41.95% 2.66% 39.74% -118.89% 91.88%
Net Income Q/Q Growth
10.24% 5.84% -93.63% 52.74% -46.72% -42.72% -18.01% 55.97% -129.68% 97.11%
EPS Q/Q Growth
11.25% 7.04% -95.45% 52.71% -45.90% -40.45% -17.60% 55.78% -127.69% 97.97%
Operating Cash Flow Q/Q Growth
1,086.29% 242.76% -344.54% 85.13% 126.16% -1,435.45% -225.75% 122.76% 105.63% -21.01%
Free Cash Flow Firm Q/Q Growth
-62.81% 34.87% -158.62% 13.20% -39.61% -64.78% -44.65% 6.12% 27.95% 54.31%
Invested Capital Q/Q Growth
-5.94% -12.76% 30.57% 16.97% 2.32% 12.48% 48.52% 10.55% -25.29% 2.49%
Profitability Metrics
- - - - - - - - - -
Gross Margin
68.28% 69.89% 67.91% 69.46% 66.19% 65.98% 66.34% 69.89% 68.78% 70.02%
EBITDA Margin
-20.02% -14.68% -30.75% -10.74% -18.91% -27.98% -22.09% -6.55% -28.44% -3.79%
Operating Margin
-20.30% -18.38% -35.45% -15.20% -22.15% -29.57% -28.91% -15.52% -34.09% -2.48%
EBIT Margin
-20.30% -18.38% -34.16% -14.05% -22.24% -31.80% -26.67% -11.21% -33.29% -8.12%
Profit (Net Income) Margin
-20.65% -17.94% -35.10% -14.89% -21.76% -29.20% -34.61% -13.58% -31.30% -0.81%
Tax Burden Percent
100.54% 100.36% 100.22% 101.17% 100.72% 100.66% 100.07% 100.97% 100.41% 112.78%
Interest Burden Percent
101.18% 97.23% 102.50% 104.77% 97.15% 91.23% 129.70% 119.95% 93.63% 8.86%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-80.64% -85.72% -140.94% -56.88% -87.86% -120.05% -84.53% -42.17% -114.84% -8.30%
ROIC Less NNEP Spread (ROIC-NNEP)
-77.30% -82.84% -133.67% -53.36% -82.53% -112.00% -27.40% -24.79% -77.53% -14.07%
Return on Net Nonoperating Assets (RNNOA)
57.95% 63.16% 90.30% 34.09% 52.52% 69.71% 5.83% 3.55% 15.63% 2.47%
Return on Equity (ROE)
-22.69% -22.56% -50.64% -22.79% -35.34% -50.34% -78.70% -38.62% -99.21% -5.83%
Cash Return on Invested Capital (CROIC)
-141.79% -128.93% -109.34% -105.36% -120.23% -158.10% -139.59% -128.73% -125.15% -90.63%
Operating Return on Assets (OROA)
-16.76% -16.58% -34.55% -14.68% -23.89% -35.55% -20.56% -8.93% -27.63% -7.04%
Return on Assets (ROA)
-17.05% -16.18% -35.49% -15.56% -23.38% -32.65% -26.68% -10.82% -25.98% -0.70%
Return on Common Equity (ROCE)
-22.69% -22.56% -50.64% -22.79% -35.34% -50.34% -78.70% -38.62% -99.21% -5.83%
Return on Equity Simple (ROE_SIMPLE)
-53.69% 0.00% -47.18% -44.33% -47.73% 0.00% -143.94% -132.66% -209.93% 0.00%
Net Operating Profit after Tax (NOPAT)
-15 -14 -28 -13 -19 -27 -27 -16 -35 -2.86
NOPAT Margin
-14.21% -12.87% -24.82% -10.64% -15.51% -20.70% -20.24% -10.87% -23.87% -1.74%
Net Nonoperating Expense Percent (NNEP)
-3.34% -2.88% -7.27% -3.52% -5.34% -8.05% -57.13% -17.37% -37.32% 5.77%
Return On Investment Capital (ROIC_SIMPLE)
- -5.27% - - - -11.19% - - - -0.39%
Cost of Revenue to Revenue
31.72% 30.11% 32.09% 30.54% 33.81% 34.02% 33.66% 30.11% 31.22% 29.98%
SG&A Expenses to Revenue
77.55% 77.01% 90.05% 73.65% 75.25% 75.55% 82.36% 72.11% 70.07% 60.71%
R&D to Revenue
11.02% 11.26% 13.32% 11.02% 13.09% 11.63% 12.88% 13.30% 32.37% 11.80%
Operating Expenses to Revenue
88.57% 88.27% 103.36% 84.67% 88.34% 95.55% 95.24% 85.41% 102.87% 72.51%
Earnings before Interest and Taxes (EBIT)
-21 -21 -38 -17 -28 -42 -35 -17 -49 -13
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-21 -17 -34 -13 -24 -37 -29 -9.69 -42 -6.23
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
15.72 11.76 16.89 14.20 13.11 15.62 39.38 33.76 32.31 31.04
Price to Tangible Book Value (P/TBV)
15.78 11.80 16.96 14.25 13.16 15.68 39.76 34.05 32.71 31.34
Price to Revenue (P/Rev)
9.90 6.86 8.72 7.03 6.10 6.66 6.93 6.23 4.14 4.77
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
50.88 42.89 44.83 32.41 28.66 29.36 21.97 18.78 17.46 20.52
Enterprise Value to Revenue (EV/Rev)
9.45 6.43 8.39 6.74 5.84 6.45 7.07 6.39 4.26 4.85
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 846.94
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.15 0.15 0.16 0.16 0.16 0.17 7.13 6.50 9.00 7.11
Long-Term Debt to Equity
0.15 0.15 0.16 0.16 0.16 0.17 7.13 6.50 9.00 7.11
Financial Leverage
-0.75 -0.76 -0.68 -0.64 -0.64 -0.62 -0.21 -0.14 -0.20 -0.18
Leverage Ratio
1.72 1.75 1.82 1.85 1.92 1.96 4.27 4.17 4.63 4.53
Compound Leverage Factor
1.74 1.71 1.87 1.93 1.86 1.79 5.53 5.01 4.33 0.40
Debt to Total Capital
12.74% 12.72% 13.61% 13.50% 13.72% 14.26% 87.71% 86.67% 90.00% 87.67%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
12.74% 12.72% 13.61% 13.50% 13.72% 14.26% 87.71% 86.67% 90.00% 87.67%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
87.26% 87.28% 86.39% 86.50% 86.28% 85.74% 12.30% 13.33% 10.00% 12.33%
Debt to EBITDA
-0.33 -0.37 -0.39 -0.40 -0.39 -0.32 -6.66 -6.93 -5.79 -7.43
Net Debt to EBITDA
1.60 1.88 1.60 1.48 1.37 0.94 -0.77 -0.90 -0.58 -0.56
Long-Term Debt to EBITDA
-0.33 -0.37 -0.39 -0.40 -0.39 -0.32 -6.66 -6.93 -5.79 -7.43
Debt to NOPAT
-0.40 -0.44 -0.48 -0.50 -0.47 -0.40 -7.43 -7.20 -6.13 -8.00
Net Debt to NOPAT
1.92 2.24 1.93 1.85 1.65 1.16 -0.87 -0.93 -0.61 -0.61
Long-Term Debt to NOPAT
-0.40 -0.44 -0.48 -0.50 -0.47 -0.40 -7.43 -7.20 -6.13 -8.00
Altman Z-Score
10.88 7.79 10.60 8.73 7.16 7.90 2.76 2.65 1.63 2.15
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
3.42 3.24 3.10 2.71 2.29 2.15 7.10 6.92 6.27 5.82
Quick Ratio
3.16 2.95 2.76 2.41 2.04 1.82 6.80 6.61 5.99 5.55
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-22 -14 -37 -32 -45 -74 -112 -105 -75 -34
Operating Cash Flow to CapEx
57.93% 177.30% -365.11% -48.65% 13.16% -118.16% -532.21% 139.49% 275.61% 281.01%
Free Cash Flow to Firm to Interest Expense
-35.89 -14.17 -39.07 -38.72 -48.51 -78.75 -10.67 -31.62 -22.66 -10.38
Operating Cash Flow to Interest Expense
5.98 12.41 -32.37 -5.50 1.29 -16.97 -4.98 3.57 7.31 5.79
Operating Cash Flow Less CapEx to Interest Expense
-4.34 5.41 -41.24 -16.79 -8.51 -31.34 -5.91 1.01 4.66 3.73
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.83 0.90 1.01 1.05 1.07 1.12 0.77 0.80 0.83 0.87
Accounts Receivable Turnover
6.71 8.53 8.20 8.33 8.55 8.85 7.37 7.86 8.79 8.37
Inventory Turnover
10.31 10.17 9.32 9.72 10.65 11.05 10.85 11.79 12.56 13.16
Fixed Asset Turnover
6.08 6.24 6.17 5.80 5.62 5.48 5.28 5.18 5.11 5.16
Accounts Payable Turnover
20.48 14.34 17.70 21.39 20.48 24.64 18.61 17.13 24.33 28.88
Days Sales Outstanding (DSO)
54.42 42.79 44.50 43.80 42.69 41.27 49.53 46.42 41.55 43.61
Days Inventory Outstanding (DIO)
35.39 35.89 39.15 37.53 34.26 33.04 33.65 30.97 29.06 27.74
Days Payable Outstanding (DPO)
17.83 25.44 20.62 17.06 17.82 14.82 19.61 21.31 15.00 12.64
Cash Conversion Cycle (CCC)
71.99 53.23 63.02 64.27 59.13 59.49 63.57 56.08 55.60 58.71
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
71 62 80 94 96 108 165 183 136 140
Invested Capital Turnover
5.67 6.66 5.68 5.34 5.67 5.80 4.18 3.88 4.81 4.77
Increase / (Decrease) in Invested Capital
7.27 -0.14 9.46 19 26 47 85 89 40 32
Enterprise Value (EV)
3,593 2,642 3,606 3,049 2,759 3,179 3,630 3,432 2,384 2,871
Market Capitalization
3,762 2,820 3,748 3,179 2,882 3,281 3,555 3,348 2,319 2,822
Book Value per Share
$7.97 $7.96 $7.34 $7.35 $7.19 $6.85 $2.91 $3.19 $2.30 $2.90
Tangible Book Value per Share
$7.94 $7.94 $7.31 $7.32 $7.16 $6.83 $2.88 $3.16 $2.27 $2.88
Total Capital
274 275 257 259 255 245 734 744 718 737
Total Debt
35 35 35 35 35 35 644 645 646 646
Total Long-Term Debt
35 35 35 35 35 35 644 645 646 646
Net Debt
-169 -178 -141 -130 -124 -102 75 84 65 49
Capital Expenditures (CapEx)
6.33 7.09 8.42 9.40 9.09 14 9.78 8.49 8.83 6.84
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-1.28 -13 -4.35 -12 -26 -10 22 18 5.77 -0.65
Debt-free Net Working Capital (DFNWC)
202 200 172 153 132 123 591 580 528 535
Net Working Capital (NWC)
202 200 172 153 132 123 591 580 528 535
Net Nonoperating Expense (NNE)
6.69 5.71 11 5.27 7.79 11 19 4.02 11 -1.53
Net Nonoperating Obligations (NNO)
-169 -178 -141 -130 -124 -102 75 84 65 49
Total Depreciation and Amortization (D&A)
0.29 4.17 3.80 4.11 4.15 5.06 6.05 6.91 7.15 7.11
Debt-free, Cash-free Net Working Capital to Revenue
-0.34% -3.28% -1.01% -2.66% -5.60% -2.10% 4.19% 3.38% 1.03% -0.11%
Debt-free Net Working Capital to Revenue
53.21% 48.59% 40.00% 33.79% 27.92% 25.06% 115.09% 107.92% 94.25% 90.38%
Net Working Capital to Revenue
53.21% 48.59% 40.00% 33.79% 27.92% 25.06% 115.09% 107.92% 94.25% 90.38%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($0.71) ($0.66) ($1.29) ($0.61) ($0.89) ($1.25) ($1.47) ($0.65) ($1.48) ($0.03)
Adjusted Weighted Average Basic Shares Outstanding
30.06M 29.92M 30.30M 30.50M 30.61M 30.53M 31.03M 31.15M 31.26M 31.20M
Adjusted Diluted Earnings per Share
($0.71) ($0.66) ($1.29) ($0.61) ($0.89) ($1.25) ($1.47) ($0.65) ($1.48) ($0.03)
Adjusted Weighted Average Diluted Shares Outstanding
30.06M 29.92M 30.30M 30.50M 30.61M 30.53M 31.03M 31.15M 31.26M 31.20M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
30.11M 30.22M 30.47M 30.58M 30.65M 30.98M 31.10M 31.24M 31.30M 31.41M
Normalized Net Operating Profit after Tax (NOPAT)
-15 -14 -28 -13 -19 -27 -27 -16 -35 -2.86
Normalized NOPAT Margin
-14.21% -12.87% -24.82% -10.64% -15.51% -20.70% -20.24% -10.87% -23.56% -1.74%
Pre Tax Income Margin
-20.54% -17.87% -35.02% -14.72% -21.61% -29.01% -34.59% -13.45% -31.17% -0.72%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
-34.34 -20.43 -40.08 -20.96 -29.89 -44.78 -3.37 -5.01 -14.76 -4.02
NOPAT to Interest Expense
-24.04 -14.30 -29.11 -15.88 -20.84 -29.15 -2.55 -4.86 -10.58 -0.86
EBIT Less CapEx to Interest Expense
-44.66 -27.43 -48.94 -32.25 -39.70 -59.15 -4.30 -7.58 -17.41 -6.08
NOPAT Less CapEx to Interest Expense
-34.35 -21.30 -37.97 -27.17 -30.65 -43.51 -3.49 -7.42 -13.23 -2.92
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -22.07%

Frequently Asked Questions About iRhythm Technologies' Financials

When does iRhythm Technologies's fiscal year end?

According to the most recent income statement we have on file, iRhythm Technologies' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has iRhythm Technologies' net income changed over the last 9 years?

iRhythm Technologies' net income appears to be on an upward trend, with a most recent value of -$113.29 million in 2024, rising from -$22.80 million in 2015. The previous period was -$123.41 million in 2023.

What is iRhythm Technologies's operating income?
iRhythm Technologies's total operating income in 2024 was -$115.51 million, based on the following breakdown:
  • Total Gross Profit: $407.53 million
  • Total Operating Expenses: $523.04 million
How has iRhythm Technologies revenue changed over the last 9 years?

Over the last 9 years, iRhythm Technologies' total revenue changed from $36.14 million in 2015 to $591.84 million in 2024, a change of 1,537.6%.

How much debt does iRhythm Technologies have?

iRhythm Technologies' total liabilities were at $840.54 million at the end of 2024, a 276.8% increase from 2023, and a 1,882.4% increase since 2015.

How much cash does iRhythm Technologies have?

In the past 9 years, iRhythm Technologies' cash and equivalents has ranged from $0.00 in 2017 to $419.60 million in 2024, and is currently $419.60 million as of their latest financial filing in 2024.

How has iRhythm Technologies' book value per share changed over the last 9 years?

Over the last 9 years, iRhythm Technologies' book value per share changed from -73.85 in 2015 to 2.90 in 2024, a change of -103.9%.

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This page (NASDAQ:IRTC) was last updated on 4/15/2025 by MarketBeat.com Staff
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