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
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