Inspire Change To Inventory vs Begin Period Cash Flow Analysis

INSP Stock  USD 158.79  4.42  2.86%   
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 Change To Inventory and its Begin Period Cash Flow 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.

Change To Inventory vs Begin Period Cash Flow

Change To Inventory vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inspire Medical Systems Change To Inventory account and Begin Period Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Inspire Medical's Change To Inventory and Begin Period Cash Flow is -0.84. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Begin Period Cash Flow 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 Change To Inventory and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Inspire Medical Systems are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change To Inventory i.e., Inspire Medical's Change To Inventory and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
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 06/02/2024, 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
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-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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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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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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.