Insperity Non Current Liabilities Total vs Common Stock Analysis

NSP Stock  USD 81.95  2.58  3.05%   
Insperity financial indicator trend analysis is infinitely more than just investigating Insperity recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Insperity is a good investment. Please check the relationship between Insperity Non Current Liabilities Total and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Insperity. 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.
To learn how to invest in Insperity Stock, please use our How to Invest in Insperity guide.

Non Current Liabilities Total vs Common Stock

Non Current Liabilities Total vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insperity Non Current Liabilities Total account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Insperity's Non Current Liabilities Total and Common Stock is 0.8. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of Insperity, assuming nothing else is changed. The correlation between historical values of Insperity's Non Current Liabilities Total and Common Stock 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 Liabilities Total of Insperity are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Current Liabilities Total i.e., Insperity's Non Current Liabilities Total and Common Stock go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Liabilities Total

Common Stock

Most indicators from Insperity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Insperity 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Insperity. 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.
To learn how to invest in Insperity Stock, please use our How to Invest in Insperity guide.At this time, Insperity's Selling General Administrative is relatively stable compared to the past year. As of 12/11/2024, Enterprise Value Over EBITDA is likely to grow to 16.50, while Tax Provision is likely to drop slightly above 51.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit820.1M1.0B1.0B1.1B
Total Revenue5.0B5.9B6.5B6.8B

Insperity fundamental ratios Correlations

0.940.850.99-0.290.94-0.30.990.80.990.980.660.990.98-0.740.930.91-0.920.990.871.0-0.50.36-0.730.760.77
0.940.680.91-0.40.99-0.060.950.630.930.960.550.940.9-0.750.960.89-0.920.950.830.92-0.610.31-0.610.70.71
0.850.680.86-0.250.7-0.330.830.780.780.830.510.790.89-0.630.760.65-0.760.840.670.85-0.290.39-0.750.790.79
0.990.910.86-0.310.91-0.320.980.820.980.960.70.980.99-0.750.920.92-0.910.990.881.0-0.490.36-0.690.740.75
-0.29-0.4-0.25-0.31-0.38-0.62-0.29-0.16-0.26-0.370.05-0.23-0.350.83-0.57-0.270.59-0.41-0.17-0.260.70.02-0.16-0.41-0.41
0.940.990.70.91-0.38-0.070.950.630.930.970.520.940.89-0.740.960.86-0.930.940.810.92-0.580.31-0.650.740.75
-0.3-0.06-0.33-0.32-0.62-0.07-0.23-0.39-0.37-0.2-0.31-0.37-0.25-0.230.02-0.22-0.06-0.2-0.22-0.33-0.49-0.170.62-0.14-0.15
0.990.950.830.98-0.290.95-0.230.790.970.970.690.970.98-0.740.940.92-0.930.980.90.99-0.540.37-0.690.740.75
0.80.630.780.82-0.160.63-0.390.790.770.740.730.780.83-0.590.680.76-0.690.790.760.82-0.450.31-0.550.650.66
0.990.930.780.98-0.260.93-0.370.970.770.960.641.00.95-0.710.910.92-0.880.970.850.98-0.450.33-0.720.720.73
0.980.960.830.96-0.370.97-0.20.970.740.960.540.970.94-0.760.970.86-0.920.980.810.96-0.510.31-0.740.80.8
0.660.550.510.70.050.52-0.310.690.730.640.540.630.7-0.380.480.84-0.550.630.910.7-0.330.19-0.270.240.25
0.990.940.790.98-0.230.94-0.370.970.781.00.970.630.95-0.690.910.9-0.880.970.840.98-0.460.37-0.750.740.74
0.980.90.890.99-0.350.89-0.250.980.830.950.940.70.95-0.780.920.91-0.920.980.880.99-0.540.38-0.650.750.76
-0.74-0.75-0.63-0.750.83-0.74-0.23-0.74-0.59-0.71-0.76-0.38-0.69-0.78-0.88-0.70.91-0.82-0.61-0.730.75-0.160.25-0.67-0.68
0.930.960.760.92-0.570.960.020.940.680.910.970.480.910.92-0.880.84-0.970.970.770.91-0.670.29-0.580.790.8
0.910.890.650.92-0.270.86-0.220.920.760.920.860.840.90.91-0.70.84-0.850.910.970.92-0.560.21-0.460.530.54
-0.92-0.92-0.76-0.910.59-0.93-0.06-0.93-0.69-0.88-0.92-0.55-0.88-0.920.91-0.97-0.85-0.95-0.8-0.910.71-0.320.5-0.77-0.78
0.990.950.840.99-0.410.94-0.20.980.790.970.980.630.970.98-0.820.970.91-0.950.860.99-0.570.34-0.670.770.78
0.870.830.670.88-0.170.81-0.220.90.760.850.810.910.840.88-0.610.770.97-0.80.860.89-0.490.17-0.450.50.51
1.00.920.851.0-0.260.92-0.330.990.820.980.960.70.980.99-0.730.910.92-0.910.990.89-0.490.38-0.710.740.75
-0.5-0.61-0.29-0.490.7-0.58-0.49-0.54-0.45-0.45-0.51-0.33-0.46-0.540.75-0.67-0.560.71-0.57-0.49-0.49-0.29-0.11-0.42-0.42
0.360.310.390.360.020.31-0.170.370.310.330.310.190.370.38-0.160.290.21-0.320.340.170.38-0.29-0.310.340.34
-0.73-0.61-0.75-0.69-0.16-0.650.62-0.69-0.55-0.72-0.74-0.27-0.75-0.650.25-0.58-0.460.5-0.67-0.45-0.71-0.11-0.31-0.68-0.68
0.760.70.790.74-0.410.74-0.140.740.650.720.80.240.740.75-0.670.790.53-0.770.770.50.74-0.420.34-0.681.0
0.770.710.790.75-0.410.75-0.150.750.660.730.80.250.740.76-0.680.80.54-0.780.780.510.75-0.420.34-0.681.0
Click cells to compare fundamentals

Insperity Account Relationship Matchups

Insperity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.6B1.8B2.0B2.1B2.2B
Short Long Term Debt Total328.3M433.7M433.6M425.0M426.9M448.2M
Other Current Liab864.5M520.8M654.3M789.6M859.2M902.2M
Total Current Liabilities869.0M904.9M1.1B1.4B1.4B1.5B
Total Stockholder Equity4.1M44.1M(1.8M)81.3M93.6M139.3M
Property Plant And Equipment Net204.6M276.9M273.6M256.5M254.9M267.6M
Net Debt(39.1M)(121.2M)(142.2M)(307.8M)(266.0M)(252.7M)
Retained Earnings499.5M575.0M553.6M655.2M738.6M775.5M
Accounts Payable4.6M6.2M6.4M7.7M10.7M11.2M
Cash367.3M554.8M575.8M732.8M692.9M727.5M
Non Current Assets Total420.3M507.0M508.2M527.4M524.4M550.6M
Non Currrent Assets Other6.0M4.5M15.2M46.3M236.5M248.3M
Cash And Short Term Investments402.1M589.4M607.6M765.9M708.8M744.2M
Net Receivables469.5M392.7M525.7M622.8M693.9M728.6M
Common Stock Shares Outstanding40.4M38.8M38.9M38.6M38.3M39.2M
Liabilities And Stockholders Equity1.4B1.6B1.8B2.0B2.1B2.2B
Non Current Liabilities Total521.9M635.2M626.3M604.6M589.7M619.2M
Other Current Assets43.5M95.1M111.5M123.2M192.6M202.3M
Other Stockholder Equity(496.0M)(531.5M)(555.9M)(574.4M)(645.5M)(613.2M)
Total Liab1.4B1.5B1.8B2.0B2.0B2.1B
Property Plant And Equipment Gross204.6M276.9M273.6M256.5M615.3M646.1M
Total Current Assets974.7M1.1B1.2B1.5B1.6B1.7B
Accumulated Other Comprehensive Income(9K)12K5K(82K)9K9.5K
Short Term Debt15.1M16.5M19.2M19.9M19.8M19.7M
Intangible Assets19.6M25.8M7K46.4M12.7M10.0M
Short Term Investments34.7M34.5M31.8M33.1M15.9M26.7M
Inventory59.7M55.7M58.2M61.5M1.00.95
Other Assets202.9M278.0M222.0M258.2M296.9M311.7M
Treasury Stock(544.1M)(627.0M)(665.1M)(725.5M)(653.0M)(620.3M)
Property Plant Equipment147.7M216.3M210.7M200.0M230.0M241.5M
Other Liab193.6M201.5M192.7M179.6M206.6M109.0M
Net Tangible Assets(8.6M)31.4M(14.5M)68.6M61.7M82.2M
Retained Earnings Total Equity499.5M575.0M553.6M655.2M753.5M791.1M
Capital Surpluse48.1M95.5M109.2M151.1M136.0M74.9M

Pair Trading with Insperity

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Insperity position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Insperity will appreciate offsetting losses from the drop in the long position's value.

Moving together with Insperity Stock

  0.73FA First Advantage CorpPairCorr
  0.66FC Franklin CoveyPairCorr

Moving against Insperity Stock

  0.73VSEC VSE CorporationPairCorr
  0.67WM Waste ManagementPairCorr
  0.66VRSK Verisk AnalyticsPairCorr
  0.65LZ LegalZoomPairCorr
  0.63G Genpact LimitedPairCorr
The ability to find closely correlated positions to Insperity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Insperity when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Insperity - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Insperity to buy it.
The correlation of Insperity is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Insperity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Insperity moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Insperity can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Insperity Stock Analysis

When running Insperity's price analysis, check to measure Insperity'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 Insperity is operating at the current time. Most of Insperity's value examination focuses on studying past and present price action to predict the probability of Insperity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Insperity's price. Additionally, you may evaluate how the addition of Insperity to your portfolios can decrease your overall portfolio volatility.