Company name:

iRhythm Technologies Inc

  • IPO SHARE PRICE:
    $17.00
  • IPO DATE:
    20 October 2016
  • TICKER:
    IRTC
  • MAIN STOCK EXCHANGE:
    NASDAQ Global
  • CURRENT HQ LOCATION:
    699 8th Street Suite 600 San Francisco California
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

iRhythm Technologies Inc

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Balance Sheet

Quarterly Annual
(USD in thousand)
17.3% 48.2% 5.8%
Selected Year:
31-Dec
2020
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
73.8%
48.2% —

Short-term passive investments

17.3% —

Cash and cash equivalents

5.8% —

Accounts Receivable

1.4% —

Prepaid expenses and other current assets

1.0% —

Inventory

Liquidity
Selected Year:
The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
Cash and cash equivalents
$45,679
$45,679
 $8,671 $20,023 $20,462 $88,628
Short-term passive investments
$45,679
$45,679
 93,692 58,320 120,089 246,589
Restricted cash and cash equivalents
$45,679
$45,679
 - - - -
Accounts Receivable
$45,679
$45,679
 12,953 19,790 23,867 29,932
Inventory
$45,679
$45,679
 1,683 2,062 4,037 5,313
Prepaid expenses and other current assets
$45,679
$45,679
 2,582 4,100 4,337 7,363
Total current assets
$45,679
$45,679
 $119,581 $104,295 $172,792 $377,825
6.7% 16.6%
Selected Year:
31-Dec
2020
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
26.2%
16.6% —

Operating lease - right-of-use assets

6.7% —

Property and equipment net

2.8% —

Other assets non-current

0.2% —

Goodwill
Selected Year:
Long-term passive investments
45,679
45,679
 2,994 - 8,030 -
Property and equipment net
45,679
45,679
 6,221 9,158 26,464 34,247
Operating lease - right-of-use assets
-
-
 - - 90,124 84,714
Goodwill
45,679
45,679
 862 862 862 862
Other assets non-current
-
-
 - - 7,940 14,091
Other non-current assets
45,679
45,679
 3,465 3,208 7,940 -
Total non-current assets
45,679
45,679
 13,542 13,228 133,420 133,914
Total assets
45,679
45,679
 $133,123 $117,523 $306,212 $511,739
7.9% 4.2% 15.9% 126.3%
Selected Year:
31-Dec
2020
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
12.8%
7.9% —

Accrued liabilities

2.3% —

Current debt

1.6% —

Current portion of Operating leases

0.9% —

Accounts payable

0.2% —

Current portion of deferred revenue
Selected Year:
Accounts payable
$45,679
$45,679
 $2,395 $2,284 $8,243 $4,365
Accrued interest
$45,679
$45,679
 154 139 128 -
Accrued liabilities
$45,679
$45,679
 15,644 26,688 32,714 40,532
Current portion of deferred revenue
$45,679
$45,679
 1,238 1,223 1,251 930
Current debt
-
$45,679
 1,487 - 1,944 11,667
Current portion of Operating leases
-
-
 - - 7,914 8,171
Total current liabilities
$45,679
$45,679
 $20,918 $30,334 $52,066 $65,665
Selected Year:
31-Dec
2020
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
20.4%
15.9% —

Operating leases

4.2% —

Long-term debt

0.4% —

Other non-current liabilities
Selected Year:
Accrued interest
$45,679
$45,679
 - - - -
Deferred rent
$45,679
$45,679
 161 153 - -
Preferred stock warrant liabilities
$45,679
-
 - - - -
Long-term debt
$45,679
$45,679
 32,491 34,899 32,989 21,339
Operating leases
-
-
 - - 85,748 81,293
Other non-current liabilities
-
-
 - - - 1,830
Total long-term liabilities
$45,679
$45,679
 $32,652 $35,052 $118,737 $104,462
Total Liabilities
$45,679
$45,679
 $53,570 $65,386 $170,803 $170,127
Selected Year:
31-Dec
2020
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
66.8%
126.3% —

Additional paid-in capital

0.0% —

Common stock

0.0% —

Accumulated other comprehensive income
Selected Year:
Convertible preferred stock
$45,679
-
 - - - -
Preferred Stock
$45,679
$45,679
 - - - -
Common stock
$45,679
$45,679
 23 23 25 27
Accumulated deficit
$45,679
$45,679
 (156,589) (205,825) (260,393) (304,684)
Additional paid-in capital
$45,679
$45,679
 236,184 257,955 395,695 646,258
Accumulated other comprehensive income
-
-
 - - 82 11
Accumulated other comprehensive (loss) income
-
-
 - (16) 82 -
Accumulated other comprehensive loss
$45,679
$45,679
 (65) - - -
Total Equity
$45,679
$45,679
 $79,553 $52,137 $135,409 $341,612
Total Liabilities and Equity
$45,679
$45,679
 $133,123 $117,523 $306,212 $511,739