iRhythm HoldingsIRTC +1.66%75 Quick Ratio is 4.98 as of Mar. 2026, which is 11% above its 10-year median of 4.48. GuruFocus rates IRTC with a GF Score™ of 75/100 and a GF Value™ of $162.87 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 854 Medical Devices & Instruments companies, iRhythm Holdings ranks better than 83.26% on this metric.
iRhythm Holdings has a quick ratio of 4.98. It generally indicates good short-term financial strength.
The historical rank and industry rank for iRhythm Holdings's Quick Ratio or its related term are showing as below:
IRTC'
s Quick Ratio Range Over the Past 10 Years
Min: 1.73 Med: 4.48 Max: 9.88
Current: 4.98
During the past 12 years, iRhythm Holdings's highest Quick Ratio was 9.88. The lowest was 1.73. And the median was 4.48.
IRTC's Quick Ratio is ranked better than 83.26% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 1.865
vs IRTC: 4.98
iRhythm Holdings (NAS:IRTC) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
iRhythm Holdings Quick Ratio Related Terms
iRhythm Holdings Quick Ratio Historical Data
* Premium members only.
The historical data trend for iRhythm Holdings's Quick Ratio 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.
For the Medical Devices subindustry, iRhythm Holdings's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Holdings Quick Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, iRhythm Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where iRhythm Holdings's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
iRhythm Holdings's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Holdings (IRTC) has a Quick Ratio of 4.98 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on iRhythm Holdings and its competitors. This is 11% above median its historical median of 4.48. Over the past decade, iRhythm Holdings' Quick Ratio has ranged from 1.73 to 9.88. According to the industry distribution chart, iRhythm Holdings ranks #143 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 16.7%.
Is iRhythm Holdings' Quick Ratio too high?
iRhythm Holdings' current Quick Ratio of 4.98 is 11% above median its 10-year median of 4.48. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 9.88. The Medical Devices & Instruments industry median Quick Ratio is 1.87. iRhythm Holdings' value of 4.98 is 167% above this industry median. Based on the distribution chart, iRhythm Holdings ranks #143 out of 854 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, iRhythm Holdings has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does iRhythm Holdings' Quick Ratio compare to LIVN and HAE?
According to the Medical Devices & Instruments industry distribution chart, iRhythm Holdings ranks #143 out of 854 companies for Quick Ratio. This places iRhythm Holdings in the top 17% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.87. iRhythm Holdings' value of 4.98 is 167% above this benchmark. Historically, iRhythm Holdings' own Quick Ratio has ranged from 1.73 to 9.88 over the past decade. While the company's 10-year median is 4.48 vs. the industry median of 1.87, iRhythm Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.87, based on 854 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. iRhythm Holdings's current Quick Ratio of 4.98 is 167% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on iRhythm Holdings and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iRhythm Holdings's current Quick Ratio is 4.98, which is 11% above median its own 10-year median of 4.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iRhythm Holdings stock overvalued right now?
Based on GuruFocus' analysis, iRhythm Holdings (IRTC) is currently considered Significantly Undervalued. The stock's GF Value™ is $162.87, compared to a current price of $114.33 — trading 29.8% below its estimated fair value. The current Quick Ratio is 4.98, which is 11% above median its 10-year median of 4.48 and 167% above the Medical Devices & Instruments industry median of 1.87. iRhythm Holdings' overall GF Score™ is 75/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For iRhythm Holdings (IRTC), the current Quick Ratio is 4.98 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is iRhythm Holdings (IRTC) Overvalued in 2026?
Based on GuruFocus' analysis, iRhythm Holdings stock appears to be undervalued.
The current stock price of $114.33 is trading 29.8% below its estimated GF Value™ of $162.87.
GuruFocus considers iRhythm Holdings to be Significantly Undervalued.
Key valuation signals for IRTC:
Quick Ratio: 4.98 (11% above median its 10-year median of 4.48)
GF Value™: $162.87 vs. price of $114.33 (29.8% below fair value)
Industry Position: 167% above the Medical Devices & Instruments median (#143 of 854)
No single metric tells the full story. See the IRTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
iRhythm Holdings Inc is a digital healthcare company that creates trusted solutions that detect, predict, and prevent disease. Its principal business is the design, development, and commercialization of device-based technology to provide ambulatory cardiac monitoring services that it believes allow clinicians to diagnose certain arrhythmias quicker and with greater efficiency than other services that rely on traditional technology. Each Zio System combines an FDA-cleared and CE-marked, wire-free, patch-based, 14-day wearable biosensor that continuously records electrocardiogram (ECG) data with a proprietary, FDA-cleared, CE-marked cloud-based data analytic software to help physicians monitor patients and diagnose arrhythmias.
75GF Score
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