Inari Medical Stock Current Asset
NARI Stock | USD 52.12 0.20 0.39% |
Inari Medical fundamentals help investors to digest information that contributes to Inari Medical's financial success or failures. It also enables traders to predict the movement of Inari Stock. The fundamental analysis module provides a way to measure Inari Medical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Inari Medical stock.
The Inari Medical's current Non Current Assets Total is estimated to increase to about 460.6 M, while Other Current Assets are projected to decrease to under 6 M. Inari | Current Asset |
Inari Medical Company Current Asset Analysis
Inari Medical's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Inari Current Asset Historical Pattern
Today, most investors in Inari Medical Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Inari Medical's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Inari Medical current asset as a starting point in their analysis.
Inari Medical Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Inari Total Assets
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In accordance with the recently published financial statements, Inari Medical has a Current Asset of 0.0. This is 100.0% lower than that of the Health Care Equipment & Supplies sector and 100.0% lower than that of the Health Care industry. The current asset for all United States stocks is 100.0% higher than that of the company.
Inari Medical Current Valuation Drivers
We derive many important indicators used in calculating different scores of Inari Medical from analyzing Inari Medical's financial statements. These drivers represent accounts that assess Inari Medical's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Inari Medical's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 2.0B | 2.8B | 4.5B | 3.4B | 3.7B | 2.4B | |
Enterprise Value | 2.0B | 2.7B | 4.5B | 3.3B | 3.7B | 2.4B |
Inari Medical ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Inari Medical's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Inari Medical's managers, analysts, and investors.Environmental | Governance | Social |
Inari Fundamentals
Return On Equity | -0.18 | ||||
Return On Asset | -0.0321 | ||||
Profit Margin | (0.14) % | ||||
Operating Margin | (0.04) % | ||||
Current Valuation | 2.97 B | ||||
Shares Outstanding | 58.54 M | ||||
Shares Owned By Insiders | 8.65 % | ||||
Shares Owned By Institutions | 95.50 % | ||||
Number Of Shares Shorted | 3.42 M | ||||
Price To Earning | 275.35 X | ||||
Price To Book | 7.02 X | ||||
Price To Sales | 5.31 X | ||||
Revenue | 493.63 M | ||||
Gross Profit | 338.96 M | ||||
EBITDA | 15.19 M | ||||
Net Income | (1.64 M) | ||||
Cash And Equivalents | 330.5 M | ||||
Cash Per Share | 6.19 X | ||||
Total Debt | 32.05 M | ||||
Debt To Equity | 0.07 % | ||||
Current Ratio | 10.04 X | ||||
Book Value Per Share | 7.44 X | ||||
Cash Flow From Operations | 35.93 M | ||||
Short Ratio | 3.75 X | ||||
Earnings Per Share | (1.35) X | ||||
Price To Earnings To Growth | (1.88) X | ||||
Target Price | 63.31 | ||||
Number Of Employees | 1.3 K | ||||
Beta | 0.96 | ||||
Market Capitalization | 3.05 B | ||||
Total Asset | 674.24 M | ||||
Retained Earnings | (48.49 M) | ||||
Working Capital | 159.22 M | ||||
Net Asset | 674.24 M |
About Inari Medical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Inari Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Inari Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Inari Medical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Inari Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Inari Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Inari Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Inari Medical Stock:Check out Inari Medical Piotroski F Score and Inari Medical Altman Z Score analysis. For more detail on how to invest in Inari Stock please use our How to Invest in Inari Medical guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Health Care Equipment & Supplies space 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 Inari Medical. If investors know Inari 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 Inari 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 (0.84) | Earnings Share (1.35) | Revenue Per Share 9.901 | Quarterly Revenue Growth 0.214 | Return On Assets (0.03) |
The market value of Inari Medical is measured differently than its book value, which is the value of Inari that is recorded on the company's balance sheet. Investors also form their own opinion of Inari Medical's value that differs from its market value or its book value, called intrinsic value, which is Inari 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 Inari Medical's market value can be influenced by many factors that don't directly affect Inari 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 Inari Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inari Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inari 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.