iRhythm Holdings (IRTC) Debt Ratio (2015 - 2023)
iRhythm Holdings (IRTC) reported Debt Ratio of 0.08 for Q4 2023, up 3.53% year-over-year from 0.08 in Q4 2022, and up 1.54% on a QoQ basis from 0.08 in Q3 2023.
iRhythm Holdings (IRTC) has 9 years of Debt Ratio data on file, last reported at 0.08 in Q4 2023.
- Quarterly Debt Ratio rose 3.53% year-over-year to 0.08 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 0.08 (up 3.53% YoY) and the FY2023 annual result came in at 0.08, up 3.53% from the prior year.
- Debt Ratio advanced to 0.08 in Q4 2023 per IRTC's latest filing, from 0.08 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.3 in Q1 2019 and bottomed at 0.05 in Q4 2021.
- The 5-year median for Debt Ratio is 0.08 (2022), against an average of 0.1.
- The widest annual swing landed in 2019, when Debt Ratio slumped 61.58%; it then soared 68.96% in 2022.
- Tracing IRTC's Debt Ratio over 5 years: stood at 0.11 in 2019, then tumbled by 43.46% to 0.06 in 2020, then decreased by 28.48% to 0.05 in 2021, then jumped by 68.96% to 0.08 in 2022, then climbed by 3.53% to 0.08 in 2023.
- Per Business Quant, the three latest IRTC Debt Ratio figures stand at 0.08 (Q4 2023), 0.08 (Q3 2023), and 0.08 (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 0.31 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 0.32 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 0.31 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 0.25 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 0.04 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.25 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 0.27 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 0.18 |
| 10 | iRhythm Holdings | 3.55 Bn | 3.00 Bn | 141.35 Mn | - |
Historic Data
Download 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 |
| Dec 31, 2018 | 0.30 |
| Sep 30, 2018 | 0.27 |
| Jun 30, 2018 | 0.27 |
| Mar 31, 2018 | 0.28 |
| Dec 31, 2017 | 0.25 |
| Sep 30, 2017 | 0.25 |
| Jun 30, 2017 | 0.25 |
| Mar 31, 2017 | 0.25 |
| Dec 31, 2016 | 0.23 |
| Sep 30, 2016 | 1.16 |
| Dec 31, 2015 | 0.81 |