Asset Breakdown
148.7 M
Assets Non Current
Goodwill
Tax Assets
406 M
Current Assets
| Total Assets | 554.63 Million | |
| Current Assets | 405.96 Million | |
| Assets Non Current | 148.67 Million | |
| Goodwill | 78.52 Million | |
| Tax Assets | 32.85 Million |
Is IRobot (NASDAQ:IRBT) outlook still optimistic based on the newest debt level?
 | By Vlad Skutelnik | Macroaxis Story |
The next fiscal quarter end is expected on the 31st of December 2020. IRobot Working Capital is comparatively stable at the moment as compared to the past year. IRobot reported Working Capital of 271.03 Million in 2019. Receivables Turnover is likely to gain to 9.64 in 2020, whereas Enterprise Value is likely to drop slightly above 1.4 B in 2020. As many investors are getting excited about technology space, it is fair to review IRobot as an investment option. Let's break down the possibilities of IRobot maintaining its debt level in January.
Macroaxis uses a strict editorial review process to publish stories and blog posts. Our publishers support our company and may receive a small commission when the partner links or references are utilized. Commissions do not affect the opinions or evaluations of our editorial team. The information our editors and media partners deliver is confidential and licensed for your sole use as a Macroaxis user. We reserve all rights to the content of this article, and therefore copying or distributing this story in whole or in part is strictly prohibited.
Reviewed by Rifka Kats
The company currently holds 58.24 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the firm is not taking enough advantage from borrowing. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. IRobot has an asset utilization ratio of 251.08 percent. This implies that the company is making $2.51 for each dollar of assets. An increasing asset utilization means that IRobot is more efficient with each dollar of assets it utilizes for everyday operations. IRobot financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of IRobot, including all of IRobot's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of IRobot assets, the company is considered highly leveraged. Understanding the composition and structure of overall IRobot debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.
Understanding IRobot Total Liabilities
iRobot liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. iRobot has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on IRobot balance sheet include debt obligations and money owed to different IRobot vendors, workers, and loan providers. Below is the chart of IRobot short long-term liabilities accounts currently reported on its balance sheet. You can use iRobot financial leverage analysis tool to get a better grip on understanding its financial positionHow important is IRobot's Liquidity
IRobot financial leverage refers to using borrowed capital as a funding source to finance iRobot ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. IRobot financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to IRobot's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of IRobot's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between IRobot's total debt and its cash.
Breaking down IRobot Further
IRobot reported the previous year's revenue of 1.31 B. Net Income was 153.77 M with profit before overhead, payroll, taxes, and interest of 555.65 M.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of iRobot. Please refer to our Terms of Use for any information regarding our disclosure principles.