IRhythm Net Invested Capital vs Long Term Debt Total Analysis

IRTC Stock  USD 110.88  0.86  0.77%   
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 Invested Capital and its Long Term Debt Total 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 tightly coupled 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 Invested Capital vs Long Term Debt Total

Net Invested Capital vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iRhythm Technologies Net Invested Capital account and Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between IRhythm Technologies' Net Invested Capital and Long Term Debt Total is -0.39. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Long Term Debt Total 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 Invested Capital and Long Term Debt Total 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 Invested Capital of iRhythm Technologies are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Net Invested Capital i.e., IRhythm Technologies' Net Invested Capital and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Long Term Debt Total

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 tightly coupled 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. The current year's Issuance Of Capital Stock is expected to grow to 0.00, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.68.
 2021 2022 2023 2024 (projected)
Interest Expense1.2M4.1M3.7M2.6M
Depreciation And Amortization118K2.0M22.1M23.3M

IRhythm Technologies fundamental ratios Correlations

0.960.820.880.97-0.340.960.920.810.56-0.820.850.820.890.670.710.440.940.83-0.280.870.830.820.290.80.71
0.960.830.880.91-0.340.90.940.80.7-0.830.890.710.910.670.60.530.860.82-0.290.850.840.730.40.80.71
0.820.830.990.76-0.380.880.930.850.75-1.00.710.580.960.950.430.520.671.0-0.720.760.80.530.280.970.97
0.880.880.990.83-0.370.920.970.870.72-0.980.80.680.980.920.480.470.750.99-0.650.780.830.60.320.960.94
0.970.910.760.83-0.420.970.840.760.48-0.750.80.830.820.590.720.470.970.77-0.230.920.770.840.070.720.65
-0.34-0.34-0.38-0.37-0.42-0.44-0.24-0.44-0.170.36-0.3-0.38-0.27-0.28-0.04-0.79-0.38-0.370.21-0.61-0.25-0.020.37-0.3-0.35
0.960.90.880.920.97-0.440.910.780.59-0.860.780.780.90.760.680.50.930.87-0.460.90.780.80.10.820.8
0.920.940.930.970.84-0.240.910.810.74-0.930.860.70.990.850.550.390.790.93-0.560.750.830.680.450.910.87
0.810.80.850.870.76-0.440.780.810.49-0.880.810.660.810.730.230.460.620.88-0.360.80.780.390.190.890.77
0.560.70.750.720.48-0.170.590.740.49-0.740.520.080.770.740.280.590.40.7-0.640.560.650.440.380.650.73
-0.82-0.83-1.0-0.98-0.750.36-0.86-0.93-0.88-0.74-0.72-0.58-0.95-0.95-0.4-0.51-0.65-0.990.7-0.75-0.79-0.51-0.31-0.98-0.97
0.850.890.710.80.8-0.30.780.860.810.52-0.720.760.820.530.310.320.740.74-0.190.750.770.550.330.730.58
0.820.710.580.680.83-0.380.780.70.660.08-0.580.760.660.420.580.160.860.62-0.10.640.540.610.170.630.47
0.890.910.960.980.82-0.270.90.990.810.77-0.950.820.660.90.510.430.750.95-0.630.750.80.640.420.930.91
0.670.670.950.920.59-0.280.760.850.730.74-0.950.530.420.90.360.420.490.94-0.870.590.640.40.320.910.99
0.710.60.430.480.72-0.040.680.550.230.28-0.40.310.580.510.360.150.810.41-0.110.480.510.890.250.360.37
0.440.530.520.470.47-0.790.50.390.460.59-0.510.320.160.430.420.150.40.46-0.290.70.390.2-0.150.420.46
0.940.860.670.750.97-0.380.930.790.620.4-0.650.740.860.750.490.810.40.67-0.160.820.720.890.130.630.54
0.830.821.00.990.77-0.370.870.930.880.7-0.990.740.620.950.940.410.460.67-0.70.750.80.520.280.970.96
-0.28-0.29-0.72-0.65-0.230.21-0.46-0.56-0.36-0.640.7-0.19-0.1-0.63-0.87-0.11-0.29-0.16-0.7-0.27-0.31-0.12-0.16-0.65-0.84
0.870.850.760.780.92-0.610.90.750.80.56-0.750.750.640.750.590.480.70.820.75-0.270.730.65-0.140.680.66
0.830.840.80.830.77-0.250.780.830.780.65-0.790.770.540.80.640.510.390.720.8-0.310.730.670.320.760.69
0.820.730.530.60.84-0.020.80.680.390.44-0.510.550.610.640.40.890.20.890.52-0.120.650.670.160.480.43
0.290.40.280.320.070.370.10.450.190.38-0.310.330.170.420.320.25-0.150.130.28-0.16-0.140.320.160.370.26
0.80.80.970.960.72-0.30.820.910.890.65-0.980.730.630.930.910.360.420.630.97-0.650.680.760.480.370.92
0.710.710.970.940.65-0.350.80.870.770.73-0.970.580.470.910.990.370.460.540.96-0.840.660.690.430.260.92
Click cells to compare fundamentals

IRhythm Technologies Account Relationship Matchups

IRhythm Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets306.2M511.7M463.0M448.2M433.1M287.1M
Short Long Term Debt Total128.6M122.5M117.7M131.0M129.8M84.4M
Other Current Liab32.7M40.5M51.5M65.5M83.4M87.5M
Total Current Liabilities52.1M65.7M87.9M89.1M107.4M112.7M
Total Stockholder Equity135.4M341.6M279.5M239.8M210.1M137.6M
Net Tangible Assets134.5M340.8M278.7M239.0M274.8M288.5M
Property Plant And Equipment Net116.6M119.0M140.5M136.3M153.4M161.1M
Current Deferred Revenue1.3M930K3.0M3.1M3.3M1.8M
Net Debt108.1M33.8M(9.9M)52.2M93.7M98.3M
Retained Earnings(260.4M)(304.7M)(406.0M)(522.2M)(645.6M)(613.3M)
Accounts Payable8.2M4.4M10.5M7.5M5.5M5.0M
Cash20.5M88.6M127.6M78.8M36.2M51.2M
Non Current Assets Total133.4M133.9M157.4M159.5M202.3M212.4M
Non Currrent Assets Other7.9M14.1M16.1M22.3M45.0M47.3M
Other Assets7.9M98.8M16.1M22.3M25.6M19.3M
Long Term Debt33.0M21.3M9.7M34.9M35.0M29.7M
Cash And Short Term Investments140.6M335.2M239.1M213.1M133.8M152.1M
Net Receivables23.9M29.9M46.4M49.9M61.5M64.6M
Common Stock Shares Outstanding25.3M27.8M29.3M29.9M30.5M24.7M
Short Term Investments120.1M246.6M111.6M134.3M97.6M106.8M
Liabilities And Stockholders Equity306.2M511.7M463.0M448.2M433.1M287.1M
Non Current Liabilities Total118.7M104.5M95.6M119.3M115.7M96.7M
Inventory4.0M5.3M10.3M15.2M14.0M14.7M
Other Current Assets4.3M7.4M9.7M10.6M21.6M22.7M
Other Stockholder Equity395.7M646.3M685.6M762.4M855.8M898.6M
Total Liab170.8M170.1M183.5M208.4M223.0M149.5M
Property Plant And Equipment Gross116.6M119.0M140.5M136.3M203.9M214.1M
Total Current Assets172.8M377.8M305.5M288.8M230.8M194.6M
Accumulated Other Comprehensive Income82K11K(61K)(396K)(112K)(117.6K)
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)

IRhythm Technologies Investors Sentiment

The influence of IRhythm Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in IRhythm. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to IRhythm Technologies' public news can be used to forecast risks associated with an investment in IRhythm. The trend in average sentiment can be used to explain how an investor holding IRhythm can time the market purely based on public headlines and social activities around iRhythm Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
IRhythm Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for IRhythm Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average IRhythm Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on IRhythm Technologies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards IRhythm Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, IRhythm Technologies' short interest history, or implied volatility extrapolated from IRhythm Technologies options trading.

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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 tightly coupled 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 Commodity Directory module to find actively traded commodities issued by global exchanges.

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Is IRhythm Technologies' industry 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
(4.04)
Revenue Per Share
16.139
Quarterly Revenue Growth
0.177
Return On Assets
(0.14)
Return On Equity
(0.55)
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.