Inspire Net Invested Capital vs Net Working Capital Analysis

INSP Stock  USD 159.03  0.72  0.45%   
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 Net Invested Capital and its Net Working Capital 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 tightly coupled with the direction of predictive economic indicators such as signals in state.

Net Invested Capital vs Net Working Capital

Net Invested Capital vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inspire Medical Systems Net Invested Capital account and Net Working Capital. At this time, the significance of the direction appears to have totally related.
The correlation between Inspire Medical's Net Invested Capital and Net Working Capital is 1.0. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Working Capital 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 Net Invested Capital and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Inspire Medical Systems are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Invested Capital i.e., Inspire Medical's Net Invested Capital and Net Working Capital go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Working Capital

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 tightly coupled 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 05/16/2024, 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

0.840.550.840.80.840.650.870.68-0.8-0.910.730.820.70.390.560.910.780.920.560.60.880.70.750.940.92
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)

Inspire Medical Investors Sentiment

The influence of Inspire Medical's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Inspire. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Inspire Medical's public news can be used to forecast risks associated with an investment in Inspire. The trend in average sentiment can be used to explain how an investor holding Inspire can time the market purely based on public headlines and social activities around Inspire Medical Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Inspire Medical's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Inspire Medical's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Inspire Medical's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Inspire Medical.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Inspire Medical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Inspire Medical's short interest history, or implied volatility extrapolated from Inspire Medical options trading.

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When determining whether Inspire Medical Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Inspire Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Inspire Medical Systems Stock. Highlighted below are key reports to facilitate an investment decision about Inspire Medical Systems Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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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.
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Is Inspire Medical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Inspire Medical. If investors know Inspire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Inspire Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.682
Earnings Share
(0.53)
Revenue Per Share
22.454
Quarterly Revenue Growth
0.282
Return On Assets
(0.04)
The market value of Inspire Medical Systems is measured differently than its book value, which is the value of Inspire that is recorded on the company's balance sheet. Investors also form their own opinion of Inspire Medical's value that differs from its market value or its book value, called intrinsic value, which is Inspire Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Inspire Medical's market value can be influenced by many factors that don't directly affect Inspire Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Inspire Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inspire Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inspire Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.