IRhythm Short Long Term Debt vs Net Invested Capital 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 Short Long Term Debt and its Net Invested Capital 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.

Short Long Term Debt vs Net Invested Capital

Short Long Term Debt vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iRhythm Technologies Short Long Term Debt account and Net Invested Capital. At this time, the significance of the direction appears to have no relationship.
The correlation between IRhythm Technologies' Short Long Term Debt and Net Invested Capital is 0.05. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Net Invested Capital 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' Short Long Term Debt and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of iRhythm Technologies are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Short Long Term Debt i.e., IRhythm Technologies' Short Long Term Debt and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Net Invested Capital

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

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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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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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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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.