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IR-Med (IR-Med) FCF Yield % : -6.41 (As of May. 24, 2024)


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What is IR-Med FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, IR-Med's Trailing 12-Month Free Cash Flow is $-2.69 Mil, and Market Cap is $41.99 Mil. Therefore, IR-Med's FCF Yield % for today is -6.41%.

The historical rank and industry rank for IR-Med's FCF Yield % or its related term are showing as below:

IRME' s FCF Yield % Range Over the Past 10 Years
Min: -7.21   Med: 0   Max: 0
Current: -6.41


IRME's FCF Yield % is ranked worse than
58.51% of 870 companies
in the Medical Devices & Instruments industry
Industry Median: -2.77 vs IRME: -6.41

IR-Med's FCF Margin % for the quarter that ended in Mar. 2024 was 0.00%.


IR-Med FCF Yield % Historical Data

The historical data trend for IR-Med's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

IR-Med FCF Yield % Chart

IR-Med Annual Data
Trend Dec20 Dec21 Dec22 Dec23
FCF Yield %
- -1.77 -9.96 -4.02

IR-Med Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.51 -4.11 -3.74 -3.75 -1.57

Competitive Comparison of IR-Med's FCF Yield %

For the Medical Devices subindustry, IR-Med's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IR-Med's FCF Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, IR-Med's FCF Yield % distribution charts can be found below:

* The bar in red indicates where IR-Med's FCF Yield % falls into.



IR-Med FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

IR-Med's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-3.234 / 80.420765
=-4.02%

IR-Med's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.358 * 4 / 91.1901544
=-1.57%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


IR-Med FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


IR-Med FCF Yield % Related Terms

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IR-Med (IR-Med) Business Description

Traded in Other Exchanges
N/A
Address
Z.H.R Industrial Zone, P.O. Box 143, Rosh Pina, ISR, 1231400
IR-Med Inc is a medical device company that specializes in infrared-based technologies. It develops medical devices based on the combination of Infra-Red (IR) and Artificial Intelligence (AI) technologies.