iRhythm Holdings (IRTC) Debt Ratio (2015 - 2023)
iRhythm Holdings (IRTC) posted quarterly Debt Ratio of 0.08 for 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.
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.
- In Q4 2023, Debt Ratio rose 3.53% year-over-year to 0.08; the TTM figure through Dec 2023 stood at 0.08 (up 3.53% YoY), while the FY2023 annual figure was 0.08, up 3.53% from the prior year.
- Debt Ratio improved 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.
- Historically, Debt Ratio has averaged 0.1 across 5 years, with a median of 0.08 in 2022.
- Annual changes were most pronounced in 2019 — Debt Ratio plunged 61.58% — and 2022, when it surged 68.96%.
- iRhythm Holdings' Debt Ratio stood at 0.11 in 2019, then slumped by 43.46% to 0.06 in 2020, then declined by 28.48% to 0.05 in 2021, then jumped by 68.96% to 0.08 in 2022, then rose by 3.53% to 0.08 in 2023.
- Business Quant data shows IRTC's Debt Ratio at 0.08 in Q4 2023, 0.08 in Q3 2023, and 0.08 in Q2 2023.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.24 Bn | 193.64 Bn | 7.27 Bn | 0.30 |
| 2 | Stryker | 128.63 Bn | 125.15 Bn | 4.50 Bn | 0.31 |
| 3 | Medtronic | 119.19 Bn | 109.97 Bn | 6.41 Bn | 0.30 |
| 4 | Boston Scientific | 73.51 Bn | 72.97 Bn | 3.85 Bn | 0.28 |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.85 Bn | 1.35 Bn | 0.04 |
| 6 | Dexcom | 34.64 Bn | 32.70 Bn | 830.00 Mn | - |
| 7 | GE HealthCare Technologies | 34.01 Bn | 31.90 Bn | 2.18 Bn | 0.27 |
| 8 | Koninklijke Philips | 26.40 Bn | 23.08 Bn | 4.55 Bn | 0.28 |
| 9 | Steris | 23.14 Bn | 22.65 Bn | 684.20 Mn | 0.18 |
| 10 | iRhythm Holdings | 4.17 Bn | 3.58 Bn | 163.21 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 |