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-on-year from 0.08 in Q4 2022, and up 1.54% on a QoQ basis from 0.08 in Q3 2023.
iRhythm Holdings (IRTC) Debt Ratio (2015 - 2023) Analysis & Trends
iRhythm Holdings (IRTC) has 9 years of Debt Ratio data on file, last reported at 0.08 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 for Q4 2023 stood at 0.08, up from 0.08 in the prior quarter.
- Over the last five years, Debt Ratio for IRTC reached as high as 0.3 in Q1 2019 and fell as low as 0.05 in Q4 2021.
- Historically, Debt Ratio has averaged 0.1 across 5 years, with a median of 0.08 in 2022.
- Across the five-year window, Debt Ratio slumped 61.58% in 2019 and soared 68.96% in 2022, its largest moves.
- Year by year, Debt Ratio stood at 0.11 in 2019, then slumped by 43.46% to 0.06 in 2020, then retreated by 28.48% to 0.05 in 2021, then soared by 68.96% to 0.08 in 2022, then advanced by 3.53% to 0.08 in 2023.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.08 in Q4 2023, 0.08 in Q3 2023, and 0.08 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 0.31 |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 0.32 |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 0.30 |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 0.25 |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 0.04 |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | - |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 0.30 |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 0.27 |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | 0.30 |
| 10 | iRhythm Holdings | 3.50 Bn | 2.95 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 |