iRhythm Technologies, Inc. (IRTC)

iRhythm Technologies Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	519.54	36.17	78.83	127.56	88.63	20.46
Short-Term Investments	2.5	97.59	134.31	111.57	246.59	120.09
Cash & Short-Term Investments	522.03	133.76	213.14	239.13	335.22	140.55
Cash Growth	229.41%	-37.24%	-10.87%	-28.66%	138.50%	79.40%
Receivables	77.43	61.48	49.92	46.43	29.93	23.87
Inventory	15.03	13.97	15.16	10.27	5.31	4.04
Prepaid Expenses	13.42	21.59	10.56	9.69	7.36	4.34
Total Current Assets	627.91	230.81	288.77	305.52	377.83	172.79
Property, Plant & Equipment	167.96	153.43	136.34	140.53	118.96	116.59
Long-Term Investments	59.06	3	-	-	-	8.03
Goodwill	0.86	0.86	0.86	0.86	0.86	0.86
Long-Term Deferred Charges	5.61	4.96	2.52	-	-	-
Other Long-Term Assets	48.29	40.08	19.73	16.05	14.09	7.94
Total Assets	909.69	433.14	448.22	462.97	511.74	306.21
Accounts Payable	7.59	5.54	7.52	10.51	4.37	8.24
Accrued Expenses	68.17	75.91	58.65	47.75	35.78	29.91
Current Portion of Long-Term Debt	-	-	-	11.67	11.67	1.94
Current Portion of Leases	15.52	15.16	13.03	11.14	8.17	7.91
Current Income Taxes Payable	3.66	2.88	2.39	0.75	-	-
Current Unearned Revenue	3.03	3.31	3.05	3.05	0.93	1.25
Other Current Liabilities	2.13	4.58	4.46	2.99	4.76	2.8
Total Current Liabilities	100.1	107.37	89.1	87.85	65.67	52.07
Long-Term Debt	645.82	34.95	34.94	9.69	21.34	32.99
Long-Term Leases	74.02	79.72	83.07	85.21	81.29	85.75
Other Long-Term Liabilities	17.98	1.01	1.31	0.7	1.83	-
Total Liabilities	837.92	223.05	208.41	183.45	170.13	170.8
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	854.36	855.78	762.38	685.59	646.26	395.7
Retained Earnings	-757.56	-645.61	-522.2	-406.05	-304.68	-260.39
Comprehensive Income & Other	-0.07	-0.11	-0.4	-0.06	0.01	0.08
Total Common Equity	71.77	210.1	239.81	279.52	341.61	135.41
Shareholders' Equity	71.77	210.1	239.81	279.52	341.61	135.41
Total Liabilities & Equity	909.69	433.14	448.22	462.97	511.74	306.21
Total Debt	735.36	129.82	131.04	117.71	122.47	128.6
Net Cash (Debt)	-213.33	3.94	82.11	121.42	212.75	11.96
Net Cash Growth	-	-95.20%	-32.38%	-42.93%	1679.42%	-72.48%
Net Cash Per Share	-6.87	0.13	2.74	4.14	7.67	0.47
Filing Date Shares Outstanding	31.3	30.98	30.22	29.51	29.16	26.8
Total Common Shares Outstanding	31.29	30.95	30.19	29.49	29.02	26.68
Working Capital	527.81	123.44	199.68	217.67	312.16	120.73
Book Value Per Share	2.29	6.79	7.94	9.48	11.77	5.07
Tangible Book Value	70.9	209.24	238.95	278.65	340.75	134.55
Tangible Book Value Per Share	2.27	6.76	7.91	9.45	11.74	5.04
Machinery	17.99	13.93	11.35	9.64	10.47	10.22
Construction In Progress	9.99	10.12	3.45	1.95	-	-
Leasehold Improvements	27.12	24.89	23.14	20.4	9.22	7.6

Source: S&P Capital IQ. Standard template. Financial Sources.