iRhythm Holdings (IRTC) Debt Ratio (2015 - 2023)
iRhythm Holdings' (IRTC) quarterly Debt Ratio came in at 0.08 in Q4 2023, up 3.53% year-over-year from 0.08 in Q4 2022, and up 1.54% quarter-over-quarter from 0.08 in Q3 2023.
Analysis
iRhythm Holdings (IRTC) Debt Ratio (2015 - 2023) Analysis & Trends
iRhythm Holdings (IRTC) has reported Debt Ratio for 9 consecutive years, with 0.08 the latest figure, recorded in Q4 2023.
- On a quarterly basis, Debt Ratio rose 3.53% year-over-year to 0.08 in Q4 2023; TTM through Dec 2023 was 0.08, a 3.53% increase from a year earlier, with the FY2023 full-year figure at 0.08, up 3.53% from the prior year.
- Debt Ratio was 0.08 for Q4 2023 at iRhythm Holdings, up from 0.08 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.3 in Q1 2019 and troughed at 0.05 in Q4 2021.
- A 5-year average of 0.1 and a median of 0.08 in 2022 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio sank 61.58% in 2019 and jumped 68.96% in 2022, its largest moves.
- Over 5 years, Debt Ratio stood at 0.11 in 2019, then slumped by 43.46% to 0.06 in 2020, then slipped by 28.48% to 0.05 in 2021, then surged by 68.96% to 0.08 in 2022, then grew by 3.53% to 0.08 in 2023.
- The last three Debt Ratio figures came in at 0.08 (Q4 2023), 0.08 (Q3 2023), and 0.08 (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | 0.06 |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 0.33 |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 0.32 |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | - |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | - |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | 0.32 |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 0.65 |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | 0.12 |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | - |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 0.08 |
| Sep 30, 2023 | 0.08 |
| Jun 30, 2023 | 0.08 |
| Mar 31, 2023 | 0.08 |
| Dec 31, 2022 | 0.08 |
| Sep 30, 2022 | 0.08 |
| Jun 30, 2022 | 0.08 |
| Mar 31, 2022 | 0.08 |
| Dec 31, 2021 | 0.05 |
| Sep 30, 2021 | 0.05 |
| Jun 30, 2021 | 0.06 |
| Mar 31, 2021 | 0.06 |
| Dec 31, 2020 | 0.06 |
| Sep 30, 2020 | 0.07 |
| Jun 30, 2020 | 0.13 |
| Mar 31, 2020 | 0.12 |
| Dec 31, 2019 | 0.11 |
| Sep 30, 2019 | 0.11 |
| Jun 30, 2019 | 0.17 |
| Mar 31, 2019 | 0.30 |