IRhythm Total Assets from 2010 to 2024

IRTC Stock  USD 109.58  0.94  0.87%   
IRhythm Technologies' Total Assets are increasing over the years with slightly volatile fluctuation. Total Assets are expected to dwindle to about 287.1 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2014-12-31
Previous Quarter
439.8 M
Current Value
433.1 M
Quarterly Volatility
171.6 M
 
Yuan Drop
 
Covid
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' Total Assets Growth Pattern

Below is the plot of the Total Assets of iRhythm Technologies over the last few years. Total assets refers to the total amount of IRhythm Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in iRhythm Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. IRhythm Technologies' Total Assets 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 433.14 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

IRhythm Total Assets Regression Statistics

Arithmetic Mean198,050,129
Geometric Mean97,944,610
Coefficient Of Variation96.07
Mean Deviation168,139,355
Median133,123,000
Standard Deviation190,268,790
Sample Variance36202.2T
Range493.2M
R-Value0.86
Mean Square Error9886.6T
R-Squared0.75
Significance0.000033
Slope36,757,148
Total Sum of Squares506831T

IRhythm Total Assets History

2024287.1 M
2023433.1 M
2022448.2 M
2021463 M
2020511.7 M
2019306.2 M
2018119.7 M

Other Fundumenentals of iRhythm Technologies

IRhythm Technologies Total Assets component correlations

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0.330.330.310.22-0.11-0.180.240.350.18-0.030.030.220.420.910.36-0.030.270.21-0.070.260.310.30.2
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0.80.730.710.80.55-0.70.980.270.72-0.210.480.770.39-0.10.720.21-0.210.680.250.750.660.490.69
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0.930.880.890.640.43-0.740.730.180.75-0.310.860.780.360.050.930.31-0.310.660.66-0.390.840.950.81
0.820.810.780.420.25-0.530.590.070.56-0.160.880.610.280.070.870.3-0.160.530.49-0.510.680.950.61
0.840.750.860.820.72-0.970.680.390.96-0.690.580.830.40.010.760.2-0.690.690.69-0.220.940.810.61
Click cells to compare fundamentals

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 Total Assets, 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.
Last ReportedProjected for Next Year
Total Assets433.1 M287.1 M
Intangibles To Total Assets 0  0 

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 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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.
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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.