IRhythm Long Term Debt Total vs Net Working Capital Analysis
IRTC Stock | USD 88.21 0.08 0.09% |
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 Long Term Debt Total and its Net Working 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.
Long Term Debt Total vs Net Working Capital
Long Term Debt Total vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iRhythm Technologies Long Term Debt Total account and Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between IRhythm Technologies' Long Term Debt Total and Net Working Capital is -0.51. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Net Working 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' Long Term Debt Total and Net Working 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 Long Term Debt Total of iRhythm Technologies are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Debt Total i.e., IRhythm Technologies' Long Term Debt Total and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Debt Total
Net Working Capital
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 Expense | 1.2M | 4.1M | 3.7M | 2.6M | Depreciation And Amortization | 118K | 2.0M | 22.1M | 23.3M |
IRhythm Technologies fundamental ratios Correlations
Click cells to compare fundamentals
IRhythm Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IRhythm Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 306.2M | 511.7M | 463.0M | 448.2M | 433.1M | 287.1M | |
Short Long Term Debt Total | 128.6M | 122.5M | 117.7M | 131.0M | 129.8M | 84.4M | |
Other Current Liab | 32.7M | 40.5M | 51.5M | 65.5M | 83.4M | 87.5M | |
Total Current Liabilities | 52.1M | 65.7M | 87.9M | 89.1M | 107.4M | 112.7M | |
Total Stockholder Equity | 135.4M | 341.6M | 279.5M | 239.8M | 210.1M | 137.6M | |
Net Tangible Assets | 134.5M | 340.8M | 278.7M | 239.0M | 274.8M | 288.5M | |
Property Plant And Equipment Net | 116.6M | 119.0M | 140.5M | 136.3M | 153.4M | 161.1M | |
Current Deferred Revenue | 1.3M | 930K | 3.0M | 3.1M | 3.3M | 1.8M | |
Net Debt | 108.1M | 33.8M | (9.9M) | 52.2M | 93.7M | 98.3M | |
Retained Earnings | (260.4M) | (304.7M) | (406.0M) | (522.2M) | (645.6M) | (613.3M) | |
Accounts Payable | 8.2M | 4.4M | 10.5M | 7.5M | 5.5M | 5.0M | |
Cash | 20.5M | 88.6M | 127.6M | 78.8M | 36.2M | 51.2M | |
Non Current Assets Total | 133.4M | 133.9M | 157.4M | 159.5M | 202.3M | 212.4M | |
Non Currrent Assets Other | 7.9M | 14.1M | 16.1M | 22.3M | 45.0M | 47.3M | |
Other Assets | 7.9M | 98.8M | 16.1M | 22.3M | 25.6M | 19.3M | |
Long Term Debt | 33.0M | 21.3M | 9.7M | 34.9M | 35.0M | 29.7M | |
Cash And Short Term Investments | 140.6M | 335.2M | 239.1M | 213.1M | 133.8M | 152.1M | |
Net Receivables | 23.9M | 29.9M | 46.4M | 49.9M | 61.5M | 64.6M | |
Common Stock Shares Outstanding | 25.3M | 27.8M | 29.3M | 29.9M | 30.5M | 24.7M | |
Short Term Investments | 120.1M | 246.6M | 111.6M | 134.3M | 97.6M | 106.8M | |
Liabilities And Stockholders Equity | 306.2M | 511.7M | 463.0M | 448.2M | 433.1M | 287.1M | |
Non Current Liabilities Total | 118.7M | 104.5M | 95.6M | 119.3M | 115.7M | 96.7M | |
Inventory | 4.0M | 5.3M | 10.3M | 15.2M | 14.0M | 14.7M | |
Other Current Assets | 4.3M | 7.4M | 9.7M | 10.6M | 21.6M | 22.7M | |
Other Stockholder Equity | 395.7M | 646.3M | 685.6M | 762.4M | 855.8M | 898.6M | |
Total Liab | 170.8M | 170.1M | 183.5M | 208.4M | 223.0M | 149.5M | |
Property Plant And Equipment Gross | 116.6M | 119.0M | 140.5M | 136.3M | 203.9M | 214.1M | |
Total Current Assets | 172.8M | 377.8M | 305.5M | 288.8M | 230.8M | 194.6M | |
Accumulated Other Comprehensive Income | 82K | 11K | (61K) | (396K) | (112K) | (117.6K) | |
Property Plant Equipment | 116.6M | 34.2M | 140.5M | 75.7M | 87.0M | 47.6M | |
Long Term Debt Total | 34.9M | 33.0M | 21.3M | 34.9M | 31.4M | 25.1M | |
Capital Surpluse | 258.0M | 395.7M | 646.3M | 762.4M | 876.7M | 920.6M | |
Retained Earnings Total Equity | (203.5M) | (260.4M) | (304.7M) | (522.2M) | (470.0M) | (446.5M) |
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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 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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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 (4.22) | 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.