GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » iRhythm Technologies Inc (FRA:I25) » Definitions » Market Cap

iRhythm Technologies (FRA:I25) Market Cap : €3,225.2 Mil (As of May. 03, 2024)


View and export this data going back to 2016. Start your Free Trial

What is iRhythm Technologies Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). iRhythm Technologies's share price for the quarter that ended in Dec. 2023 was €97.5. iRhythm Technologies's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 31.0 Mil. Therefore, iRhythm Technologies's market cap for the quarter that ended in Dec. 2023 was €3,018.0 Mil.

iRhythm Technologies's quarterly market cap declined from Jun. 2023 (€2,902.3 Mil) to Sep. 2023 (€2,772.3 Mil) but then increased from Sep. 2023 (€2,772.3 Mil) to Dec. 2023 (€3,018.0 Mil).

iRhythm Technologies's annual market cap declined from Dec. 2021 (€3,008.4 Mil) to Dec. 2022 (€2,626.8 Mil) but then increased from Dec. 2022 (€2,626.8 Mil) to Dec. 2023 (€3,018.0 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. iRhythm Technologies's Enterprise Value for Today is €3,221.6 Mil.


iRhythm Technologies Market Cap Historical Data

The historical data trend for iRhythm Technologies's Market Cap 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.

iRhythm Technologies Market Cap Chart

iRhythm Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,574.28 5,716.82 3,008.36 2,626.80 3,018.02

iRhythm Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,626.80 3,411.86 2,902.25 2,772.29 3,018.02

Competitive Comparison of iRhythm Technologies's Market Cap

For the Medical Devices subindustry, iRhythm Technologies's Market Cap, along with its competitors' market caps and Market Cap 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.


iRhythm Technologies's Market Cap Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, iRhythm Technologies's Market Cap distribution charts can be found below:

* The bar in red indicates where iRhythm Technologies's Market Cap falls into.



iRhythm Technologies Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

iRhythm Technologies's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=€97.5*30.954
=€3,018.0

iRhythm Technologies's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=€97.5*30.954
=€3,018.0

* 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.


iRhythm Technologies  (FRA:I25) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


iRhythm Technologies Market Cap Related Terms

Thank you for viewing the detailed overview of iRhythm Technologies's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


iRhythm Technologies (FRA:I25) Business Description

Traded in Other Exchanges
Address
699 8th Street, Suite 600, San Francisco, CA, USA, 94103
iRhythm Technologies Inc is a commercial-stage digital healthcare company redefining the way cardiac arrhythmias are clinically diagnosed by combining wearable biosensing technology with cloud-based data analytics and machine-learning capabilities. The company's portfolio include ambulatory cardiac monitoring services on a platform, called the Zio service, which combines an easy-to-wear and unobtrusive biosensor that can be worn for up to 14 consecutive days with powerful proprietary algorithms that distill data from millions of heartbeats into clinically actionable information. The company derived its revenue from the United States.

iRhythm Technologies (FRA:I25) Headlines

No Headlines