iRhythm Technologies Balance Sheet Health
Financial Health criteria checks 3/6
iRhythm Technologies has a total shareholder equity of $121.9M and total debt of $648.8M, which brings its debt-to-equity ratio to 532.2%. Its total assets and total liabilities are $995.2M and $873.3M respectively.
Key information
532.23%
Debt to equity ratio
US$648.75m
Debt
| Interest coverage ratio | n/a |
| Cash | US$565.21m |
| Equity | US$121.89m |
| Total liabilities | US$873.32m |
| Total assets | US$995.21m |
Recent financial health updates
Would iRhythm Technologies (NASDAQ:IRTC) Be Better Off With Less Debt?
Jul 21
Would iRhythm Technologies (NASDAQ:IRTC) Be Better Off With Less Debt?
Apr 03Recent updates
US$220 - That's What Analysts Think iRhythm Technologies, Inc. (NASDAQ:IRTC) Is Worth After These Results
Nov 02iRhythm: Getting Closer To Investment Worthy
Sep 16After Leaping 25% iRhythm Technologies, Inc. (NASDAQ:IRTC) Shares Are Not Flying Under The Radar
Aug 27iRhythm Technologies, Inc. (NASDAQ:IRTC) Just Reported And Analysts Have Been Lifting Their Price Targets
Aug 04Would iRhythm Technologies (NASDAQ:IRTC) Be Better Off With Less Debt?
Jul 21
Ambulatory Monitoring And Digital Health Will Transform Global Markets
Accelerated global adoption of Zio and digital health integration is expanding iRhythm's market reach, operational efficiency, and recurring revenue streams.iRhythm Technologies, Inc.'s (NASDAQ:IRTC) Share Price Matching Investor Opinion
Apr 24Would iRhythm Technologies (NASDAQ:IRTC) Be Better Off With Less Debt?
Apr 03A Look At The Fair Value Of iRhythm Technologies, Inc. (NASDAQ:IRTC)
Feb 15Is It Too Late To Consider Buying iRhythm Technologies, Inc. (NASDAQ:IRTC)?
Jan 31What You Can Learn From iRhythm Technologies, Inc.'s (NASDAQ:IRTC) P/S
Jan 16iRhythm Technologies: Today's 510(K) Victory May Only Be A Temporary Reprieve
Oct 22Financial Position Analysis
Short Term Liabilities: IRTC's short term assets ($680.0M) exceed its short term liabilities ($146.9M).
Long Term Liabilities: IRTC's short term assets ($680.0M) do not cover its long term liabilities ($726.4M).
Debt to Equity History and Analysis
Debt Level: IRTC's net debt to equity ratio (68.5%) is considered high.
Reducing Debt: IRTC's debt to equity ratio has increased from 10.4% to 532.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable IRTC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IRTC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.4% per year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/15 21:08 |
| End of Day Share Price | 2025/12/12 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
iRhythm Technologies, Inc. is covered by 28 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Rescott | Baird |
| Michael Polark | Baird |
| Joanne Wuensch | BMO Capital Markets Equity Research |