IRhythm Technologies Net Worth
IRhythm Technologies Net Worth Breakdown | IRTC |
IRhythm Technologies Net Worth Analysis
IRhythm Technologies' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including IRhythm Technologies' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of IRhythm Technologies' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform IRhythm Technologies' net worth analysis. One common approach is to calculate IRhythm Technologies' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares IRhythm Technologies' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing IRhythm Technologies' net worth. This approach calculates the present value of IRhythm Technologies' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of IRhythm Technologies' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate IRhythm Technologies' net worth. This involves comparing IRhythm Technologies' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into IRhythm Technologies' net worth relative to its peers.
Enterprise Value |
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To determine if IRhythm Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding IRhythm Technologies' net worth research are outlined below:
| iRhythm Technologies generated a negative expected return over the last 90 days | |
| iRhythm Technologies has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 492.68 M. Net Loss for the year was (123.41 M) with profit before overhead, payroll, taxes, and interest of 281.63 M. | |
| iRhythm Technologies currently holds about 204.49 M in cash with (50.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.81. | |
| iRhythm Technologies has a frail financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: iRhythm Technologies Reports Q1 2024 Results Revenue Surpasses Estimates Amidst Wider Losses |
IRhythm Technologies Quarterly Good Will |
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IRhythm Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in iRhythm Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to IRhythm Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know IRhythm Technologies' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as IRhythm Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading iRhythm Technologies backward and forwards among themselves. IRhythm Technologies' institutional investor refers to the entity that pools money to purchase IRhythm Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of New York Mellon Corp | 2023-12-31 | 711.9 K | Geode Capital Management, Llc | 2023-12-31 | 671.4 K | Holocene Advisors, Lp | 2023-09-30 | 632.5 K | Braidwell Lp | 2023-09-30 | 568.2 K | Partner Fund Management Lp | 2023-09-30 | 485.5 K | Credit Suisse First Boston (csfb) | 2023-12-31 | 474.1 K | Amvescap Plc. | 2023-12-31 | 452.5 K | Bnp Paribas Investment Partners Sa | 2023-12-31 | 447.1 K | Summit Partners Public Asset Management, Llc | 2023-12-31 | 415.1 K | Vanguard Group Inc | 2023-12-31 | 3 M | Capital Research Global Investors | 2023-12-31 | 2.5 M |
Follow IRhythm Technologies' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.44 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate IRhythm Technologies's market, we take the total number of its shares issued and multiply it by IRhythm Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Project IRhythm Technologies' profitablity
IRhythm Technologies' profitability indicators refer to fundamental financial ratios that showcase IRhythm Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, IRhythm Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, IRhythm Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of IRhythm Technologies' profitability requires more research than a typical breakdown of IRhythm Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.29) | (0.30) | |
| Return On Capital Employed | (0.35) | (0.37) | |
| Return On Assets | (0.28) | (0.30) | |
| Return On Equity | (0.59) | (0.62) |
When accessing IRhythm Technologies' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures IRhythm Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of IRhythm Technologies' profitability and make more informed investment decisions.
The data published in IRhythm Technologies' official financial statements usually reflect IRhythm Technologies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of iRhythm Technologies. For example, before you start analyzing numbers published by IRhythm accountants, it's critical to develop an understanding of what IRhythm Technologies' liquidity, profitability, and earnings quality are in the context of the Health Care Equipment & Supplies space in which it operates.
Please note, the presentation of IRhythm Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, IRhythm Technologies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in IRhythm Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of iRhythm Technologies. Please utilize our Beneish M Score to check the likelihood of IRhythm Technologies' management manipulating its earnings.
Evaluate IRhythm Technologies' management efficiency
iRhythm Technologies has return on total asset (ROA) of (0.0909) % which means that it has lost $0.0909 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.8328) %, meaning that it created substantial loss on money invested by shareholders. IRhythm Technologies' management efficiency ratios could be used to measure how well IRhythm Technologies manages its routine affairs as well as how well it operates its assets and liabilities. As of May 4, 2024, Return On Tangible Assets is expected to decline to -0.3. In addition to that, Return On Capital Employed is expected to decline to -0.37. At present, IRhythm Technologies' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 47.3 M, whereas Total Assets are forecasted to decline to about 287.1 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 6.88 | 4.25 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 6.85 | 4.21 | |
| Enterprise Value Over EBITDA | (36.56) | (38.39) | |
| Price Book Value Ratio | 15.55 | 8.90 | |
| Enterprise Value Multiple | (36.56) | (38.39) | |
| Price Fair Value | 15.55 | 8.90 | |
| Enterprise Value | 2.6 B | 1.8 B |
The analysis of IRhythm Technologies' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze IRhythm Technologies' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of IRhythm Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 7.1463 | Revenue 513.2 M | Quarterly Revenue Growth 0.184 | Revenue Per Share 16.709 | Return On Equity (0.83) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific IRhythm Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on IRhythm Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases IRhythm Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Sumi Shrishrimal over two weeks ago Disposition of 1109 shares by Sumi Shrishrimal of IRhythm Technologies at 111.45 subject to Rule 16b-3 | ||
Murphy Patrick Michael over three weeks ago Disposition of 1704 shares by Murphy Patrick Michael of IRhythm Technologies at 106.78 subject to Rule 16b-3 | ||
Daniel Wilson over six months ago Sale by Daniel Wilson of 1490 shares of IRhythm Technologies | ||
Yoor Brian B over six months ago IRhythm Technologies exotic insider transaction detected | ||
Daniel Wilson over a year ago Sale by Daniel Wilson of 4000 shares of IRhythm Technologies | ||
Daniel Wilson over a year ago Sale by Daniel Wilson of 1422 shares of IRhythm Technologies |
IRhythm Technologies Corporate Filings
8K | 2nd of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 15th of April 2024 Other Reports | ViewVerify | |
| 11th of April 2024 Other Reports | ViewVerify | |
| 28th of March 2024 Other Reports | ViewVerify |
IRhythm Technologies Earnings per Share Projection vs Actual
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IRhythm Technologies Corporate Directors
IRhythm Technologies corporate directors refer to members of an IRhythm Technologies board of directors. The board of directors generally takes responsibility for the IRhythm Technologies' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of IRhythm Technologies' board members must vote for the resolution. The IRhythm Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Mark Rubash | Independent Director | Profile | |
| Ralph Snyderman | Director | Profile | |
| William Starling | Director | Profile | |
| Bruce Bodaken | Director | Profile |
How to buy IRhythm Stock?
The net worth of iRhythm Technologies is the difference between its total assets and liabilities. IRhythm Technologies' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of IRhythm Technologies' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. IRhythm Technologies' net worth can be used as a measure of its financial health and stability which can help investors to decide if IRhythm Technologies is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in iRhythm Technologies stock.Already Invested in iRhythm Technologies?
The danger of trading iRhythm Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IRhythm Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IRhythm Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iRhythm Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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 16.709 | 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.