Insulet Other Current Assets vs Accounts Payable Analysis

PODD Stock  USD 177.19  1.24  0.70%   
Insulet financial indicator trend analysis is infinitely more than just investigating Insulet recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Insulet is a good investment. Please check the relationship between Insulet Other Current Assets and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Insulet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Insulet Stock refer to our How to Trade Insulet Stock guide.

Other Current Assets vs Accounts Payable

Other Current Assets vs Accounts Payable Correlation Analysis

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

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Accounts Payable

An accounting item on the balance sheet that represents Insulet obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Insulet are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Insulet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Insulet 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Insulet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Insulet Stock refer to our How to Trade Insulet Stock guide.At present, Insulet's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 76.04, whereas Discontinued Operations is forecasted to decline to (2 M).
 2021 2022 2023 2024 (projected)
Interest Income500K9.8M28.9M30.3M
Tax Provision3.7M5.2M9.1M9.6M

Insulet fundamental ratios Correlations

0.960.90.90.50.920.510.650.990.990.990.950.970.030.990.83-0.080.510.990.940.910.990.990.980.750.69
0.960.780.890.420.910.450.630.920.970.910.910.920.00.930.790.00.40.920.890.840.910.960.930.660.69
0.90.780.650.360.680.410.420.920.850.910.940.94-0.030.920.860.020.350.940.910.830.910.90.940.640.4
0.90.890.650.621.00.570.80.890.930.90.740.780.130.870.6-0.30.70.850.760.840.910.860.830.780.89
0.50.420.360.620.590.350.530.520.510.540.340.37-0.130.510.32-0.220.540.480.540.40.560.50.490.530.63
0.920.910.681.00.590.570.780.910.950.920.770.810.120.890.63-0.270.670.870.780.860.920.880.850.770.87
0.510.450.410.570.350.570.910.520.510.540.40.430.090.480.33-0.780.590.490.390.720.530.440.440.870.62
0.650.630.420.80.530.780.910.640.670.660.470.510.170.60.34-0.690.690.60.480.740.660.580.550.880.86
0.990.920.920.890.520.910.520.640.981.00.950.960.040.990.83-0.110.540.990.940.911.00.980.980.760.68
0.990.970.850.930.510.950.510.670.980.980.930.950.040.970.81-0.090.50.960.920.90.980.980.970.740.72
0.990.910.910.90.540.920.540.661.00.980.930.950.050.990.8-0.150.570.990.920.921.00.970.980.780.7
0.950.910.940.740.340.770.40.470.950.930.931.0-0.010.940.930.080.270.960.960.840.920.960.970.620.46
0.970.920.940.780.370.810.430.510.960.950.951.0-0.020.960.930.050.340.970.970.870.940.980.980.660.5
0.030.0-0.030.13-0.130.120.090.170.040.040.05-0.01-0.02-0.06-0.03-0.230.030.0-0.09-0.030.05-0.07-0.06-0.030.02
0.990.930.920.870.510.890.480.60.990.970.990.940.96-0.060.82-0.050.550.990.930.910.990.980.990.750.68
0.830.790.860.60.320.630.330.340.830.810.80.930.93-0.030.820.160.130.850.940.730.790.870.870.520.26
-0.080.00.02-0.3-0.22-0.27-0.78-0.69-0.11-0.09-0.150.080.05-0.23-0.050.16-0.58-0.060.1-0.35-0.140.030.02-0.51-0.45
0.510.40.350.70.540.670.590.690.540.50.570.270.340.030.550.13-0.580.510.310.660.590.430.430.760.79
0.990.920.940.850.480.870.490.60.990.960.990.960.970.00.990.85-0.060.510.940.90.980.980.990.730.63
0.940.890.910.760.540.780.390.480.940.920.920.960.97-0.090.930.940.10.310.940.810.920.970.970.640.48
0.910.840.830.840.40.860.720.740.910.90.920.840.87-0.030.910.73-0.350.660.90.810.910.880.880.880.67
0.990.910.910.910.560.920.530.661.00.981.00.920.940.050.990.79-0.140.590.980.920.910.970.970.780.72
0.990.960.90.860.50.880.440.580.980.980.970.960.98-0.070.980.870.030.430.980.970.880.970.990.70.63
0.980.930.940.830.490.850.440.550.980.970.980.970.98-0.060.990.870.020.430.990.970.880.970.990.70.6
0.750.660.640.780.530.770.870.880.760.740.780.620.66-0.030.750.52-0.510.760.730.640.880.780.70.70.76
0.690.690.40.890.630.870.620.860.680.720.70.460.50.020.680.26-0.450.790.630.480.670.720.630.60.76
Click cells to compare fundamentals

Insulet Account Relationship Matchups

Insulet fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.9B2.0B2.3B2.6B2.7B
Total Stockholder Equity75.9M603.6M556.3M476.4M732.7M769.3M
Net Debt511.8M96.1M457.2M727.1M798.1M838.0M
Cash376.1M947.6M791.6M674.7M650.7M683.2M
Other Assets25M79M106.1M147.1M1.00.95
Cash And Short Term Investments376.1M947.6M791.6M674.7M704.2M739.4M
Common Stock Shares Outstanding62.3M65.9M68.6M69.9M73.6M44.7M
Liabilities And Stockholders Equity1.1B1.9B2.0B2.3B2.6B2.7B
Other Stockholder Equity749M1.3B1.2B1.0B1.1B620.4M
Total Liab1.1B1.3B1.5B1.8B1.9B1.9B
Total Current Assets591M1.2B1.3B1.3B1.6B1.6B
Short Long Term Debt Total887.9M1.0B1.2B1.4B1.4B1.5B
Other Current Liab96.4M132.7M162.5M290.3M363.7M381.9M
Total Current Liabilities157.7M207.8M228.8M364.7M451.2M473.8M
Property Plant And Equipment Net399.4M478.7M536.5M599.9M692.8M727.4M
Current Deferred Revenue3.2M5.4M3.5M16.1M15.4M16.2M
Retained Earnings(672M)(666.3M)(649.5M)(584.3M)(378M)(396.9M)
Accounts Payable54.5M54.1M37.7M30.8M19.2M19.7M
Non Current Assets Total551.9M624.2M719M937.1M1.0B1.1B
Non Currrent Assets Other41.1M77M106.1M210M178.7M187.6M
Non Current Liabilities Total909.3M1.1B1.3B1.4B1.4B1.5B
Other Current Assets31.1M63M74M86.9M99.8M104.8M
Property Plant And Equipment Gross399.4M478.7M715.7M834.6M958.1M1.0B
Accumulated Other Comprehensive Income(1.2M)5.5M(2.2M)20M8M8.4M
Other Liab7M17.8M14.9M8.3M9.5M5.4M
Long Term Debt887.9M1.0B1.2B1.4B1.4B1.4B
Net Receivables82.8M83.8M161M205.6M359.7M377.7M
Short Term Investments175.0M162.4M40.4M50.8M53.5M63.8M
Inventory101M154.3M303.2M346.8M402.6M422.7M
Property Plant Equipment399.4M478.7M536.5M599.9M689.9M724.4M
Net Tangible Assets22.9M535.1M479.9M349.2M401.6M421.7M
Good Will39.8M39.6M39.8M51.7M59.5M44.1M
Retained Earnings Total Equity(672M)(666.3M)(649.5M)(584.3M)(525.9M)(552.2M)
Long Term Debt Total887.9M1.0B1.2B1.4B1.6B1.7B
Capital Surpluse749M1.3B1.2B1.0B1.2B899.1M
Deferred Long Term Liab19.9M21.9M26.1M31.3M36.0M37.8M
Non Current Liabilities Other21.4M17.8M14.9M35.7M37.9M39.8M

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When determining whether Insulet is a strong investment it is important to analyze Insulet's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Insulet's future performance. For an informed investment choice regarding Insulet Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Insulet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Insulet Stock refer to our How to Trade Insulet Stock guide.
Note that the Insulet information on this page should be used as a complementary analysis to other Insulet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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Is Insulet'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 Insulet. If investors know Insulet 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 Insulet 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
1.161
Earnings Share
3.33
Revenue Per Share
25.495
Quarterly Revenue Growth
0.233
Return On Assets
0.0674
The market value of Insulet is measured differently than its book value, which is the value of Insulet that is recorded on the company's balance sheet. Investors also form their own opinion of Insulet's value that differs from its market value or its book value, called intrinsic value, which is Insulet'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 Insulet's market value can be influenced by many factors that don't directly affect Insulet'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 Insulet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Insulet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Insulet'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.