Inspire Capital Surpluse vs Short Long Term Debt Total Analysis

INSP Stock  USD 152.32  0.78  0.51%   
Inspire Medical financial indicator trend analysis is infinitely more than just investigating Inspire Medical Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inspire Medical Systems is a good investment. Please check the relationship between Inspire Medical Capital Surpluse and its Short Long Term Debt Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inspire Medical Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Capital Surpluse vs Short Long Term Debt Total

Capital Surpluse vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inspire Medical Systems Capital Surpluse account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Inspire Medical's Capital Surpluse and Short Long Term Debt Total is 0.43. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Inspire Medical Systems, assuming nothing else is changed. The correlation between historical values of Inspire Medical's Capital Surpluse and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Inspire Medical Systems are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Capital Surpluse i.e., Inspire Medical's Capital Surpluse and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Surpluse

Short Long Term Debt Total

Most indicators from Inspire Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inspire Medical Systems current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inspire Medical Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Inspire Medical's Selling General Administrative is relatively stable compared to the past year. As of 06/06/2024, Tax Provision is likely to grow to about 939.8 K, while Enterprise Value Over EBITDA is likely to drop (151.23).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization8K5.0M2.8M1.7M
Interest Income125K5.1M18.1M19.0M

Inspire Medical fundamental ratios Correlations

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0.840.370.990.981.00.670.990.93-0.8-0.980.970.790.940.740.510.910.980.820.510.461.00.90.970.910.9
0.550.370.340.30.350.180.420.33-0.14-0.450.240.180.340.250.660.340.310.610.660.940.430.440.330.410.49
0.840.990.340.990.990.710.980.94-0.79-0.980.980.770.950.750.430.890.990.790.430.410.980.930.980.90.9
0.80.980.30.990.970.710.950.96-0.76-0.960.990.740.970.790.340.850.990.730.340.360.960.950.980.860.88
0.841.00.350.990.970.660.990.92-0.81-0.970.970.790.930.730.510.920.980.820.510.450.990.890.970.920.9
0.650.670.180.710.710.660.620.65-0.65-0.720.70.650.650.460.120.670.70.640.120.220.650.660.640.730.74
0.870.990.420.980.950.990.620.89-0.82-0.970.930.810.90.680.570.930.950.870.570.511.00.870.950.930.91
0.680.930.330.940.960.920.650.89-0.57-0.890.980.541.00.930.330.740.980.630.330.410.90.990.980.750.81
-0.8-0.8-0.14-0.79-0.76-0.81-0.65-0.82-0.570.83-0.71-1.0-0.58-0.24-0.31-0.88-0.73-0.75-0.31-0.17-0.82-0.54-0.66-0.86-0.75
-0.91-0.98-0.45-0.98-0.96-0.97-0.72-0.97-0.890.83-0.93-0.83-0.9-0.65-0.48-0.91-0.96-0.86-0.48-0.5-0.99-0.89-0.93-0.93-0.92
0.730.970.240.980.990.970.70.930.98-0.71-0.930.680.980.850.340.821.00.690.340.330.940.950.990.830.84
0.820.790.180.770.740.790.650.810.54-1.0-0.830.680.560.20.330.890.710.770.330.210.810.520.640.870.77
0.70.940.340.950.970.930.650.91.0-0.58-0.90.980.560.910.330.750.980.650.330.410.910.990.980.770.83
0.390.740.250.750.790.730.460.680.93-0.24-0.650.850.20.910.240.480.830.380.240.360.690.90.870.50.6
0.560.510.660.430.340.510.120.570.33-0.31-0.480.340.330.330.240.520.370.761.00.830.550.330.440.530.45
0.910.910.340.890.850.920.670.930.74-0.88-0.910.820.890.750.480.520.840.910.520.460.930.710.820.990.95
0.780.980.310.990.990.980.70.950.98-0.73-0.961.00.710.980.830.370.840.730.370.390.960.960.990.850.87
0.920.820.610.790.730.820.640.870.63-0.75-0.860.690.770.650.380.760.910.730.760.720.860.640.730.930.89
0.560.510.660.430.340.510.120.570.33-0.31-0.480.340.330.330.241.00.520.370.760.830.550.330.440.530.45
0.60.460.940.410.360.450.220.510.41-0.17-0.50.330.210.410.360.830.460.390.720.830.510.470.430.510.56
0.881.00.430.980.960.990.651.00.9-0.82-0.990.940.810.910.690.550.930.960.860.550.510.880.950.930.91
0.70.90.440.930.950.890.660.870.99-0.54-0.890.950.520.990.90.330.710.960.640.330.470.880.960.740.82
0.750.970.330.980.980.970.640.950.98-0.66-0.930.990.640.980.870.440.820.990.730.440.430.950.960.830.85
0.940.910.410.90.860.920.730.930.75-0.86-0.930.830.870.770.50.530.990.850.930.530.510.930.740.830.97
0.920.90.490.90.880.90.740.910.81-0.75-0.920.840.770.830.60.450.950.870.890.450.560.910.820.850.97
Click cells to compare fundamentals

Inspire Medical Account Relationship Matchups

Inspire Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding23.8M26.1M27.3M28.1M29.3M22.9M
Total Assets181.3M281.2M295.1M564.9M676.8M710.7M
Short Long Term Debt Total24.5M30.6M33.8M8.9M24.8M24.7M
Other Current Liab12.4M13.5M20.5M33.0M39.3M41.2M
Total Current Liabilities16.9M20.7M41.3M61.2M78.1M82.0M
Total Stockholder Equity139.8M229.7M229.0M496.0M572.5M601.1M
Net Tangible Assets139.8M229.7M229.0M496.0M570.4M598.9M
Property Plant And Equipment Net4.0M11.1M16.4M24.1M62.7M65.8M
Net Debt1.7M(159.9M)(180.7M)(432.7M)(160.7M)(168.7M)
Retained Earnings(180.2M)(237.3M)(279.4M)(324.3M)(345.4M)(362.7M)
Accounts Payable4.5M7.2M11.7M26.8M38.8M40.8M
Cash22.9M190.5M214.5M441.6M185.5M160.6M
Non Current Assets Total10.6M11.3M26.5M34.8M83.1M87.2M
Non Currrent Assets Other802K381K204K215K11.3M11.8M
Long Term Debt24.9M24.5M24.7M15.8M18.2M21.8M
Cash And Short Term Investments149.5M234.4M214.5M451.4M460.4M236.7M
Net Receivables13.1M25.1M34.2M61.2M89.9M94.4M
Common Stock Total Equity23K24K27K29K33.4K22.6K
Short Term Investments90.9M126.6M43.8M9.8M274.8M288.6M
Long Term Debt Total24.9M24.5M24.7M15.8M18.2M21.8M
Liabilities And Stockholders Equity181.3M281.2M295.1M564.9M676.8M710.7M
Non Current Liabilities Total24.6M30.7M24.7M7.7M26.2M23.1M
Capital Surpluse319.9M467.0M508.5M820.3M943.4M990.6M
Inventory5.8M8.5M17.2M11.9M33.9M35.6M
Other Current Assets2.2M2.0M2.7M5.5M9.6M10.1M
Other Stockholder Equity319.9M467.0M508.5M820.3M917.1M478.1M
Total Liab41.4M51.4M66.0M68.9M104.3M56.6M
Property Plant And Equipment Gross4.0M11.1M16.4M24.1M69.9M73.4M
Total Current Assets170.6M269.9M268.5M530.0M593.7M623.4M
Accumulated Other Comprehensive Income102K29K(55K)(86K)800K840K
Common Stock23K24K27K29K30K23.9K
Property Plant Equipment4.0M5.3M16.4M17.2M19.8M20.8M
Net Invested Capital164.4M254.5M254.0M496.0M572.5M306.2M
Net Working Capital153.8M249.1M227.2M468.8M515.6M286.0M
Retained Earnings Total Equity(180.2M)(237.3M)(279.4M)(324.3M)(291.8M)(306.4M)

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Additional Tools for Inspire Stock Analysis

When running Inspire Medical's price analysis, check to measure Inspire Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Inspire Medical is operating at the current time. Most of Inspire Medical's value examination focuses on studying past and present price action to predict the probability of Inspire Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inspire Medical's price. Additionally, you may evaluate how the addition of Inspire Medical to your portfolios can decrease your overall portfolio volatility.