Inspire Other Current Assets from 2010 to 2024

INSP Stock  USD 158.79  4.42  2.86%   
Inspire Medical Other Current Assets yearly trend continues to be relatively stable with very little volatility. Other Current Assets are likely to grow to about 10.1 M this year. Other Current Assets is 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. View All Fundamentals
 
Other Current Assets  
First Reported
2016-12-31
Previous Quarter
9.6 M
Current Value
9.5 M
Quarterly Volatility
2.7 M
 
Covid
Check Inspire Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Inspire main balance sheet or income statement drivers, such as Interest Income of 19 M, Depreciation And Amortization of 1.7 M or Interest Expense of 0.0, as well as many exotic indicators such as Price To Sales Ratio of 9.06, Dividend Yield of 0.0 or PTB Ratio of 9.89. Inspire financial statements analysis is a perfect complement when working with Inspire Medical Valuation or Volatility modules.
  
This module can also supplement Inspire Medical's financial leverage analysis and stock options assessment as well as various Inspire Medical Technical models . Check out the analysis of Inspire Medical Correlation against competitors.

Latest Inspire Medical's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Inspire Medical Systems over the last few years. It is 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. Inspire Medical's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Inspire Medical's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Inspire Other Current Assets Regression Statistics

Arithmetic Mean2,332,783
Geometric Mean646,598
Coefficient Of Variation145.52
Mean Deviation2,467,149
Median426,000
Standard Deviation3,394,643
Sample Variance11.5T
Range10M
R-Value0.82
Mean Square Error4T
R-Squared0.68
Significance0.0002
Slope624,983
Total Sum of Squares161.3T

Inspire Other Current Assets History

202410.1 M
20239.6 M
20225.5 M
20212.7 M
2020M
20192.2 M
20181.7 M

About Inspire Medical Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Inspire Medical income statement, its balance sheet, and the statement of cash flows. Inspire Medical investors use historical funamental indicators, such as Inspire Medical's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Inspire Medical investors may use each financial statement separately, they are all related. The changes in Inspire Medical's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Inspire Medical's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Inspire Medical Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Inspire Medical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets9.6 M10.1 M

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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 the analysis of Inspire Medical Correlation against competitors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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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
(0.52)
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.