Inspire Non Current Assets Total vs Total Current Liabilities 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 Non Current Assets Total and its Total Current Liabilities 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.

Non Current Assets Total vs Total Current Liabilities

Non Current Assets Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inspire Medical Systems Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Inspire Medical's Non Current Assets Total and Total Current Liabilities is 0.97. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities 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 Non Current Assets Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Inspire Medical Systems are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Assets Total i.e., Inspire Medical's Non Current Assets Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Inspire Medical balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Inspire Medical Systems are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 Amortization	8K	5.0M	2.8M	1.7M
Interest Income	125K	5.1M	18.1M	19.0M

Depreciation And Amortization Interest Income

Inspire Medical fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Common Stock Shares Outstanding		0.84	0.55	0.84	0.8	0.84	0.65	0.87	0.68	-0.8	-0.91	0.73	0.82	0.7	0.39	0.56	0.91	0.78	0.92	0.56	0.6	0.88	0.7	0.75	0.94	0.92
Total Assets	0.84		0.37	0.99	0.98	1.0	0.67	0.99	0.93	-0.8	-0.98	0.97	0.79	0.94	0.74	0.51	0.91	0.98	0.82	0.51	0.46	1.0	0.9	0.97	0.91	0.9
Short Long Term Debt Total	0.55	0.37		0.34	0.3	0.35	0.18	0.42	0.33	-0.14	-0.45	0.24	0.18	0.34	0.25	0.66	0.34	0.31	0.61	0.66	0.94	0.43	0.44	0.33	0.41	0.49
Other Current Liab	0.84	0.99	0.34		0.99	0.99	0.71	0.98	0.94	-0.79	-0.98	0.98	0.77	0.95	0.75	0.43	0.89	0.99	0.79	0.43	0.41	0.98	0.93	0.98	0.9	0.9
Total Current Liabilities	0.8	0.98	0.3	0.99		0.97	0.71	0.95	0.96	-0.76	-0.96	0.99	0.74	0.97	0.79	0.34	0.85	0.99	0.73	0.34	0.36	0.96	0.95	0.98	0.86	0.88
Total Stockholder Equity	0.84	1.0	0.35	0.99	0.97		0.66	0.99	0.92	-0.81	-0.97	0.97	0.79	0.93	0.73	0.51	0.92	0.98	0.82	0.51	0.45	0.99	0.89	0.97	0.92	0.9
Other Liab	0.65	0.67	0.18	0.71	0.71	0.66		0.62	0.65	-0.65	-0.72	0.7	0.65	0.65	0.46	0.12	0.67	0.7	0.64	0.12	0.22	0.65	0.66	0.64	0.73	0.74
Net Tangible Assets	0.87	0.99	0.42	0.98	0.95	0.99	0.62		0.89	-0.82	-0.97	0.93	0.81	0.9	0.68	0.57	0.93	0.95	0.87	0.57	0.51	1.0	0.87	0.95	0.93	0.91
Property Plant And Equipment Net	0.68	0.93	0.33	0.94	0.96	0.92	0.65	0.89		-0.57	-0.89	0.98	0.54	1.0	0.93	0.33	0.74	0.98	0.63	0.33	0.41	0.9	0.99	0.98	0.75	0.81
Net Debt	-0.8	-0.8	-0.14	-0.79	-0.76	-0.81	-0.65	-0.82	-0.57		0.83	-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
Retained Earnings	-0.91	-0.98	-0.45	-0.98	-0.96	-0.97	-0.72	-0.97	-0.89	0.83		-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
Accounts Payable	0.73	0.97	0.24	0.98	0.99	0.97	0.7	0.93	0.98	-0.71	-0.93		0.68	0.98	0.85	0.34	0.82	1.0	0.69	0.34	0.33	0.94	0.95	0.99	0.83	0.84
Cash	0.82	0.79	0.18	0.77	0.74	0.79	0.65	0.81	0.54	-1.0	-0.83	0.68		0.56	0.2	0.33	0.89	0.71	0.77	0.33	0.21	0.81	0.52	0.64	0.87	0.77
Non Current Assets Total	0.7	0.94	0.34	0.95	0.97	0.93	0.65	0.9	1.0	-0.58	-0.9	0.98	0.56		0.91	0.33	0.75	0.98	0.65	0.33	0.41	0.91	0.99	0.98	0.77	0.83
Non Currrent Assets Other	0.39	0.74	0.25	0.75	0.79	0.73	0.46	0.68	0.93	-0.24	-0.65	0.85	0.2	0.91		0.24	0.48	0.83	0.38	0.24	0.36	0.69	0.9	0.87	0.5	0.6
Long Term Debt	0.56	0.51	0.66	0.43	0.34	0.51	0.12	0.57	0.33	-0.31	-0.48	0.34	0.33	0.33	0.24		0.52	0.37	0.76	1.0	0.83	0.55	0.33	0.44	0.53	0.45
Cash And Short Term Investments	0.91	0.91	0.34	0.89	0.85	0.92	0.67	0.93	0.74	-0.88	-0.91	0.82	0.89	0.75	0.48	0.52		0.84	0.91	0.52	0.46	0.93	0.71	0.82	0.99	0.95
Net Receivables	0.78	0.98	0.31	0.99	0.99	0.98	0.7	0.95	0.98	-0.73	-0.96	1.0	0.71	0.98	0.83	0.37	0.84		0.73	0.37	0.39	0.96	0.96	0.99	0.85	0.87
Common Stock Total Equity	0.92	0.82	0.61	0.79	0.73	0.82	0.64	0.87	0.63	-0.75	-0.86	0.69	0.77	0.65	0.38	0.76	0.91	0.73		0.76	0.72	0.86	0.64	0.73	0.93	0.89
Long Term Debt Total	0.56	0.51	0.66	0.43	0.34	0.51	0.12	0.57	0.33	-0.31	-0.48	0.34	0.33	0.33	0.24	1.0	0.52	0.37	0.76		0.83	0.55	0.33	0.44	0.53	0.45
Non Current Liabilities Total	0.6	0.46	0.94	0.41	0.36	0.45	0.22	0.51	0.41	-0.17	-0.5	0.33	0.21	0.41	0.36	0.83	0.46	0.39	0.72	0.83		0.51	0.47	0.43	0.51	0.56
Capital Surpluse	0.88	1.0	0.43	0.98	0.96	0.99	0.65	1.0	0.9	-0.82	-0.99	0.94	0.81	0.91	0.69	0.55	0.93	0.96	0.86	0.55	0.51		0.88	0.95	0.93	0.91
Inventory	0.7	0.9	0.44	0.93	0.95	0.89	0.66	0.87	0.99	-0.54	-0.89	0.95	0.52	0.99	0.9	0.33	0.71	0.96	0.64	0.33	0.47	0.88		0.96	0.74	0.82
Other Current Assets	0.75	0.97	0.33	0.98	0.98	0.97	0.64	0.95	0.98	-0.66	-0.93	0.99	0.64	0.98	0.87	0.44	0.82	0.99	0.73	0.44	0.43	0.95	0.96		0.83	0.85
Other Stockholder Equity	0.94	0.91	0.41	0.9	0.86	0.92	0.73	0.93	0.75	-0.86	-0.93	0.83	0.87	0.77	0.5	0.53	0.99	0.85	0.93	0.53	0.51	0.93	0.74	0.83		0.97
Total Liab	0.92	0.9	0.49	0.9	0.88	0.9	0.74	0.91	0.81	-0.75	-0.92	0.84	0.77	0.83	0.6	0.45	0.95	0.87	0.89	0.45	0.56	0.91	0.82	0.85	0.97

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Inspire Medical Account Relationship Matchups

Inspire Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	23.8M	26.1M	27.3M	28.1M	29.3M	22.9M
Total Assets	181.3M	281.2M	295.1M	564.9M	676.8M	710.7M
Short Long Term Debt Total	24.5M	30.6M	33.8M	8.9M	24.8M	24.7M
Other Current Liab	12.4M	13.5M	20.5M	33.0M	39.3M	41.2M
Total Current Liabilities	16.9M	20.7M	41.3M	61.2M	78.1M	82.0M
Total Stockholder Equity	139.8M	229.7M	229.0M	496.0M	572.5M	601.1M
Net Tangible Assets	139.8M	229.7M	229.0M	496.0M	570.4M	598.9M
Property Plant And Equipment Net	4.0M	11.1M	16.4M	24.1M	62.7M	65.8M
Net Debt	1.7M	(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 Payable	4.5M	7.2M	11.7M	26.8M	38.8M	40.8M
Cash	22.9M	190.5M	214.5M	441.6M	185.5M	160.6M
Non Current Assets Total	10.6M	11.3M	26.5M	34.8M	83.1M	87.2M
Non Currrent Assets Other	802K	381K	204K	215K	11.3M	11.8M
Long Term Debt	24.9M	24.5M	24.7M	15.8M	18.2M	21.8M
Cash And Short Term Investments	149.5M	234.4M	214.5M	451.4M	460.4M	236.7M
Net Receivables	13.1M	25.1M	34.2M	61.2M	89.9M	94.4M
Common Stock Total Equity	23K	24K	27K	29K	33.4K	22.6K
Short Term Investments	90.9M	126.6M	43.8M	9.8M	274.8M	288.6M
Long Term Debt Total	24.9M	24.5M	24.7M	15.8M	18.2M	21.8M
Liabilities And Stockholders Equity	181.3M	281.2M	295.1M	564.9M	676.8M	710.7M
Non Current Liabilities Total	24.6M	30.7M	24.7M	7.7M	26.2M	23.1M
Capital Surpluse	319.9M	467.0M	508.5M	820.3M	943.4M	990.6M
Inventory	5.8M	8.5M	17.2M	11.9M	33.9M	35.6M
Other Current Assets	2.2M	2.0M	2.7M	5.5M	9.6M	10.1M
Other Stockholder Equity	319.9M	467.0M	508.5M	820.3M	917.1M	478.1M
Total Liab	41.4M	51.4M	66.0M	68.9M	104.3M	56.6M
Property Plant And Equipment Gross	4.0M	11.1M	16.4M	24.1M	69.9M	73.4M
Total Current Assets	170.6M	269.9M	268.5M	530.0M	593.7M	623.4M
Accumulated Other Comprehensive Income	102K	29K	(55K)	(86K)	800K	840K
Common Stock	23K	24K	27K	29K	30K	23.9K
Property Plant Equipment	4.0M	5.3M	16.4M	17.2M	19.8M	20.8M
Net Invested Capital	164.4M	254.5M	254.0M	496.0M	572.5M	306.2M
Net Working Capital	153.8M	249.1M	227.2M	468.8M	515.6M	286.0M
Retained Earnings Total Equity	(180.2M)	(237.3M)	(279.4M)	(324.3M)	(291.8M)	(306.4M)

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Inspire Non Current Assets Total vs Total Current Liabilities Analysis

Non Current Assets Total vs Total Current Liabilities

Non Current Assets Total vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Total Current Liabilities

Inspire Medical fundamental ratios Correlations

Inspire Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Inspire Medical fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for Inspire Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Capital Surpluse	+ 1.0	Total Assets
Capital Surpluse	+ 1.0	Net Tangible Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Receivables	+ 1.0	Accounts Payable
Long Term Debt Total	+ 1.0	Long Term Debt

Cash	- 1.0	Net Debt
Capital Surpluse	- 0.99	Retained Earnings
Retained Earnings	- 0.98	Other Current Liab
Retained Earnings	- 0.98	Total Assets
Retained Earnings	- 0.97	Net Tangible Assets
Retained Earnings	- 0.97	Total Stockholder Equity