Irhythm Technologies Stock Gross Profit

IRTC Stock

USD 75.68 2.44 3.12%

iRhythm Technologies fundamentals help investors to digest information that contributes to IRhythm Technologies' financial success or failures. It also enables traders to predict the movement of IRhythm Stock. The fundamental analysis module provides a way to measure IRhythm Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IRhythm Technologies stock.

	Last Reported	Projected for Next Year
Gross Profit	331.8 M	348.4 M
Gross Profit Margin	0.67	0.52

The current year's Gross Profit is expected to grow to about 348.4 M, whereas Gross Profit Margin is forecasted to decline to 0.52.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

iRhythm Technologies Company Gross Profit Analysis

IRhythm Technologies' Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current IRhythm Technologies Gross Profit

281.63 M

Most of IRhythm Technologies' fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, iRhythm Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

IRhythm Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for IRhythm Technologies is extremely important. It helps to project a fair market value of IRhythm Stock properly, considering its historical fundamentals such as Gross Profit. Since IRhythm Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of IRhythm Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of IRhythm Technologies' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.97	0.96	0.81	0.56	-0.82	0.85	0.44	0.83	-0.28	0.82	0.78	0.46	0.03	0.98	0.33	-0.28	0.86	0.8	-0.13	0.92	0.93	0.82	0.84
Total Stockholder Equity	0.97		0.97	0.76	0.48	-0.75	0.8	0.47	0.77	-0.23	0.84	0.62	0.4	0.03	0.99	0.33	-0.23	0.92	0.73	-0.12	0.89	0.88	0.81	0.75
Net Tangible Assets	0.96	0.97		0.78	0.59	-0.86	0.78	0.5	0.87	-0.46	0.8	0.64	0.41	0.03	0.96	0.31	-0.46	0.91	0.71	-0.22	0.96	0.89	0.78	0.86
Current Deferred Revenue	0.81	0.76	0.78		0.49	-0.88	0.81	0.46	0.88	-0.36	0.39	0.71	0.43	0.0	0.74	0.22	-0.36	0.78	0.8	0.32	0.87	0.64	0.42	0.82
Net Debt	0.56	0.48	0.59	0.49		-0.74	0.52	0.59	0.7	-0.64	0.44	0.62	0.44	-0.25	0.47	-0.11	-0.64	0.58	0.55	-0.17	0.67	0.43	0.25	0.72
Retained Earnings	-0.82	-0.75	-0.86	-0.88	-0.74		-0.72	-0.51	-0.99	0.7	-0.51	-0.77	-0.45	0.01	-0.75	-0.18	0.7	-0.76	-0.7	0.08	-0.96	-0.74	-0.53	-0.97
Accounts Payable	0.85	0.8	0.78	0.81	0.52	-0.72		0.32	0.74	-0.19	0.55	0.75	0.42	-0.07	0.8	0.24	-0.19	0.74	0.98	0.22	0.79	0.73	0.59	0.68
Long Term Debt	0.44	0.47	0.5	0.46	0.59	-0.51	0.32		0.46	-0.29	0.2	0.21	0.67	0.26	0.44	0.35	-0.29	0.71	0.27	0.15	0.5	0.18	0.07	0.39
Net Receivables	0.83	0.77	0.87	0.88	0.7	-0.99	0.74	0.46		-0.7	0.52	0.75	0.44	-0.04	0.77	0.18	-0.7	0.76	0.72	-0.08	0.97	0.75	0.56	0.96
Good Will	-0.28	-0.23	-0.46	-0.36	-0.64	0.7	-0.19	-0.29	-0.7		-0.12	-0.32	-0.2	-0.02	-0.22	-0.03	1.0	-0.3	-0.21	0.39	-0.61	-0.31	-0.16	-0.69
Short Term Investments	0.82	0.84	0.8	0.39	0.44	-0.51	0.55	0.2	0.52	-0.12		0.51	0.18	-0.22	0.86	0.03	-0.12	0.66	0.48	-0.47	0.66	0.86	0.88	0.58
Total Liab	0.78	0.62	0.64	0.71	0.62	-0.77	0.75	0.21	0.75	-0.32	0.51		0.49	0.02	0.68	0.22	-0.32	0.46	0.77	-0.1	0.73	0.78	0.61	0.83
Deferred Long Term Liab	0.46	0.4	0.41	0.43	0.44	-0.45	0.42	0.67	0.44	-0.2	0.18	0.49		0.25	0.45	0.42	-0.2	0.45	0.39	0.02	0.45	0.36	0.28	0.4
Short Long Term Debt	0.03	0.03	0.03	0.0	-0.25	0.01	-0.07	0.26	-0.04	-0.02	-0.22	0.02	0.25		0.06	0.91	-0.02	-0.01	-0.1	-0.09	0.01	0.05	0.07	0.01
Total Current Assets	0.98	0.99	0.96	0.74	0.47	-0.75	0.8	0.44	0.77	-0.22	0.86	0.68	0.45	0.06		0.36	-0.22	0.87	0.72	-0.19	0.88	0.93	0.87	0.76
Short Term Debt	0.33	0.33	0.31	0.22	-0.11	-0.18	0.24	0.35	0.18	-0.03	0.03	0.22	0.42	0.91	0.36		-0.03	0.27	0.21	-0.07	0.26	0.31	0.3	0.2
Intangible Assets	-0.28	-0.23	-0.46	-0.36	-0.64	0.7	-0.19	-0.29	-0.7	1.0	-0.12	-0.32	-0.2	-0.02	-0.22	-0.03		-0.3	-0.21	0.39	-0.61	-0.31	-0.16	-0.69
Common Stock	0.86	0.92	0.91	0.78	0.58	-0.76	0.74	0.71	0.76	-0.3	0.66	0.46	0.45	-0.01	0.87	0.27	-0.3		0.68	0.08	0.85	0.66	0.53	0.69
Property Plant Equipment	0.8	0.73	0.71	0.8	0.55	-0.7	0.98	0.27	0.72	-0.21	0.48	0.77	0.39	-0.1	0.72	0.21	-0.21	0.68		0.25	0.75	0.66	0.49	0.69
Long Term Debt Total	-0.13	-0.12	-0.22	0.32	-0.17	0.08	0.22	0.15	-0.08	0.39	-0.47	-0.1	0.02	-0.09	-0.19	-0.07	0.39	0.08	0.25		-0.14	-0.39	-0.51	-0.22
Capital Surpluse	0.92	0.89	0.96	0.87	0.67	-0.96	0.79	0.5	0.97	-0.61	0.66	0.73	0.45	0.01	0.88	0.26	-0.61	0.85	0.75	-0.14		0.84	0.68	0.94
Net Invested Capital	0.93	0.88	0.89	0.64	0.43	-0.74	0.73	0.18	0.75	-0.31	0.86	0.78	0.36	0.05	0.93	0.31	-0.31	0.66	0.66	-0.39	0.84		0.95	0.81
Net Working Capital	0.82	0.81	0.78	0.42	0.25	-0.53	0.59	0.07	0.56	-0.16	0.88	0.61	0.28	0.07	0.87	0.3	-0.16	0.53	0.49	-0.51	0.68	0.95		0.61
Capital Stock	0.84	0.75	0.86	0.82	0.72	-0.97	0.68	0.39	0.96	-0.69	0.58	0.83	0.4	0.01	0.76	0.2	-0.69	0.69	0.69	-0.22	0.94	0.81	0.61

Click cells to compare fundamentals

IRhythm Gross Profit Historical Pattern

Today, most investors in IRhythm Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various IRhythm Technologies' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of IRhythm Technologies gross profit as a starting point in their analysis.

IRhythm Technologies Gross Profit

Timeline

Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Competition

Predict IRhythm Technologies

Gross Profit Over Time

According to the company disclosure, iRhythm Technologies reported 281.63 M of gross profit. This is 87.45% lower than that of the Health Care Equipment & Supplies sector and 82.53% lower than that of the Health Care industry. The gross profit for all United States stocks is 98.97% higher than that of the company.

IRhythm Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IRhythm Technologies' direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of IRhythm Technologies could also be used in its relative valuation, which is a method of valuing IRhythm Technologies by comparing valuation metrics of similar companies.

IRhythm Technologies is currently under evaluation in gross profit category among its peers.

IRhythm Technologies Current Valuation Drivers

We derive many important indicators used in calculating different scores of IRhythm Technologies from analyzing IRhythm Technologies' financial statements. These drivers represent accounts that assess IRhythm Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of IRhythm Technologies' important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	1.7B	6.6B	3.5B	2.8B	2.5B	1.6B
Enterprise Value	1.8B	6.6B	3.4B	2.9B	2.6B	1.6B

IRhythm Technologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, IRhythm Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to IRhythm Technologies' managers, analysts, and investors.

Environmental

Governance

Social

IRhythm Fundamentals

	Return On Equity	-0.81
	Return On Asset	-0.0936
	Profit Margin	(0.24) %
	Operating Margin	(0.16) %
	Current Valuation	2.62 B
	Shares Outstanding	31.24 M
	Shares Owned By Insiders	0.81 %
	Shares Owned By Institutions	99.19 %
	Number Of Shares Shorted	2.52 M
	Price To Earning	(36.08) X
	Price To Book	23.42 X
	Price To Sales	4.32 X
	Revenue	492.68 M
	Gross Profit	281.63 M
	EBITDA	(91.94 M)
	Net Income	(123.41 M)
	Cash And Equivalents	204.49 M
	Cash Per Share	6.81 X
	Total Debt	129.82 M
	Debt To Equity	0.54 %
	Current Ratio	4.05 X
	Book Value Per Share	3.18 X
	Cash Flow From Operations	(50.1 M)
	Short Ratio	5.18 X
	Earnings Per Share	(4.27) X
	Target Price	114.4
	Number Of Employees	2 K
	Beta	1.22
	Market Capitalization	2.44 B
	Total Asset	433.14 M
	Retained Earnings	(645.61 M)
	Working Capital	123.44 M
	Current Asset	54.91 M
	Current Liabilities	11.97 M
	Net Asset	433.14 M

About IRhythm Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze iRhythm Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IRhythm Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iRhythm Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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.

MSFT	Microsoft
V	Visa Class A
MSFT	Microsoft

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:

How To Invest In IRhythm

Details

Is IRhythm Stock a good investment?

Details

What is IRhythm Technologies' Net Worth?

Details

Largest Health Care Equipment & Supplies Companies

View

Largest Health Care Equipment & Services Companies

View

Check out IRhythm Technologies Piotroski F Score and IRhythm Technologies Altman Z Score analysis.

For information on how to trade IRhythm Stock refer to our How to Trade IRhythm Stock guide.

You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Is Health Care Equipment & Supplies space 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

(4.27)

Revenue Per Share

17.397

Quarterly Revenue Growth

0.193

Return On Assets

(0.09)

Return On Equity

(0.81)

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Irhythm Technologies Stock Gross Profit

iRhythm Technologies Company Gross Profit Analysis

Gross Profit

Revenue

-

Cost of Revenue

Current IRhythm Technologies Gross Profit

IRhythm Gross Profit Driver Correlations

IRhythm Gross Profit Historical Pattern

IRhythm Gross Profit Peer Comparison

IRhythm Technologies Current Valuation Drivers

IRhythm Technologies ESG Sustainability

IRhythm Fundamentals

About IRhythm Technologies Fundamental Analysis

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY