iRhythm Holdings IRTC
NASDAQ IRTC
$111.75 -0.07 (-0.06%)
At close: Sep 17, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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