IRhythm Market Capitalization from 2010 to 2024

IRTC Stock  USD 88.21  0.08  0.09%   
IRhythm Technologies' Market Cap is increasing over the years with slightly volatile fluctuation. Market Cap is expected to dwindle to about 1.8 B.
Check IRhythm Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IRhythm main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.3 M, Interest Expense of 2.6 M or Selling General Administrative of 404.9 M, as well as many exotic indicators such as Price To Sales Ratio of 12.31, Dividend Yield of 0.0 or PTB Ratio of 8.9. IRhythm financial statements analysis is a perfect complement when working with IRhythm Technologies Valuation or Volatility modules.
  
This module can also supplement IRhythm Technologies' financial leverage analysis and stock options assessment as well as various IRhythm Technologies Technical models . Check out the analysis of IRhythm Technologies Correlation against competitors.
For information on how to trade IRhythm Stock refer to our How to Trade IRhythm Stock guide.

Latest IRhythm Technologies' Market Capitalization Growth Pattern

Below is the plot of the Market Cap of iRhythm Technologies over the last few years. It is IRhythm Technologies' Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IRhythm Technologies' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.79 B10 Years Trend
Slightly volatile
   Market Cap   
       Timeline  

IRhythm Market Capitalization Regression Statistics

Arithmetic Mean1,694,004,665
Geometric Mean1,103,235,758
Coefficient Of Variation99.26
Mean Deviation1,165,553,378
Median1,268,261,678
Standard Deviation1,681,402,705
Sample Variance2827115.1T
Range6.2B
R-Value0.65
Mean Square Error1739450.6T
R-Squared0.43
Significance0.01
Slope246,161,625
Total Sum of Squares39579610.8T

IRhythm Market Capitalization History

20241.8 B
20232.5 B
20222.8 B
20213.5 B
20206.6 B
20191.7 B
20181.7 B

About IRhythm Technologies Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include IRhythm Technologies income statement, its balance sheet, and the statement of cash flows. IRhythm Technologies investors use historical funamental indicators, such as IRhythm Technologies's Market Capitalization, to determine how well the company is positioned to perform in the future. Although IRhythm Technologies investors may use each financial statement separately, they are all related. The changes in IRhythm Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IRhythm Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on IRhythm Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in IRhythm Technologies. Please read more on our technical analysis and fundamental analysis pages.
iRhythm Technologies, Inc., a digital healthcare company, provides ambulatory electrocardiogram monitoring products for patients at risk for arrhythmias in the United States. The company was incorporated in 2006 and is headquartered in San Francisco, California. Irhythm Technologies operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 1700 people.

Also Currently Popular

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 the analysis of IRhythm Technologies Correlation against competitors.
For information on how to trade IRhythm Stock refer to our How to Trade IRhythm Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for IRhythm Stock analysis

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.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Global Correlations
Find global opportunities by holding instruments from different markets
Equity Valuation
Check real value of public entities based on technical and fundamental data
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Transaction History
View history of all your transactions and understand their impact on performance
Money Managers
Screen money managers from public funds and ETFs managed around the world
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
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
(4.22)
Revenue Per Share
16.709
Quarterly Revenue Growth
0.184
Return On Assets
(0.09)
Return On Equity
(0.83)
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.