InspireMD Historical Financial Ratios
NSPR Stock | USD 3.00 0.02 0.67% |
InspireMD is lately reporting on over 111 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 129 will help investors to properly organize and evaluate InspireMD financial condition quickly.
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About InspireMD Financial Ratios Analysis
InspireMDFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate InspireMD investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on InspireMD financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across InspireMD history.
InspireMD Financial Ratios Chart
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Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.Most ratios from InspireMD's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into InspireMD current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 InspireMD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in InspireMD Stock, please use our How to Invest in InspireMD guide.At this time, InspireMD's Current Ratio is relatively stable compared to the past year. As of 12/23/2024, Tangible Book Value Per Share is likely to grow to 1.71, while Days Sales Outstanding is likely to drop 129.34.
2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 4.19 | 6.15 | 4.68 | 3.75 | Days Of Inventory On Hand | 111.52 | 145.95 | 174.78 | 198.81 |
InspireMD fundamentals Correlations
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InspireMD Account Relationship Matchups
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InspireMD fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 0.61 | 3.1 | 4.94 | 1.31 | 10.99 | 10.44 | |
Days Sales Outstanding | 95.44 | 138.8 | 112.79 | 88.02 | 144.24 | 129.34 | |
Book Value Per Share | 38.63 | 8.04 | 4.56 | 2.21 | 1.63 | 1.71 | |
Free Cash Flow Yield | (4.47) | (1.19) | (0.61) | (2.37) | (0.25) | (0.26) | |
Operating Cash Flow Per Share | (70.41) | (6.0) | (1.8) | (1.97) | (0.67) | (0.71) | |
Capex To Depreciation | 1.8 | 0.58 | 2.14 | 2.52 | 1.64 | 1.01 | |
Free Cash Flow Per Share | (72.45) | (6.06) | (1.85) | (2.03) | (0.69) | (0.73) | |
Roic | (1.83) | (0.85) | (0.44) | (1.08) | (0.54) | (0.56) | |
Inventory Turnover | 2.4 | 1.7 | 3.27 | 2.5 | 2.09 | 1.9 | |
Net Income Per Share | (72.06) | (6.97) | (2.03) | (2.35) | (0.82) | (0.86) | |
Days Of Inventory On Hand | 152.16 | 215.02 | 111.52 | 145.95 | 174.78 | 198.81 | |
Payables Turnover | 4.59 | 10.18 | 4.19 | 6.15 | 4.68 | 3.75 | |
Sales General And Administrative To Revenue | 1.4 | 2.47 | 1.65 | 1.62 | 1.79 | 2.31 | |
Research And Ddevelopement To Revenue | 0.79 | 0.9 | 1.15 | 1.51 | 1.29 | 0.86 | |
Capex To Revenue | 0.0763 | 0.0354 | 0.0765 | 0.0915 | 0.0614 | 0.0402 | |
Cash Per Share | 39.58 | 8.36 | 4.63 | 2.26 | 1.61 | 1.53 | |
Pocfratio | (0.23) | (0.85) | (1.68) | (0.44) | (4.16) | (4.37) | |
Capex To Operating Cash Flow | (0.029) | (0.009691) | (0.026) | (0.0304) | (0.0233) | (0.0244) | |
Days Payables Outstanding | 79.52 | 35.86 | 87.13 | 59.33 | 77.93 | 110.02 | |
Income Quality | 1.05 | 0.98 | 0.86 | 0.84 | 0.82 | 0.59 | |
Roe | (1.87) | (0.87) | (0.44) | (1.06) | (0.5) | (0.48) | |
Ev To Free Cash Flow | 0.26 | 0.43 | (0.84) | (0.23) | (3.59) | (3.77) | |
Earnings Yield | (4.45) | (1.37) | (0.67) | (2.73) | (0.29) | (0.31) | |
Net Debt To E B I T D A | 0.49 | 1.12 | 0.74 | 0.16 | 0.38 | 0.34 | |
Current Ratio | 2.51 | 4.14 | 8.53 | 4.21 | 7.34 | 7.7 | |
Tangible Book Value Per Share | 38.63 | 8.04 | 4.56 | 2.21 | 1.63 | 1.71 | |
Receivables Turnover | 3.82 | 2.63 | 3.24 | 4.15 | 2.53 | 2.6 | |
Graham Number | 250.28 | 35.52 | 14.44 | 10.81 | 5.48 | 5.21 | |
Shareholders Equity Per Share | 38.63 | 8.04 | 4.56 | 2.21 | 1.63 | 1.71 | |
Capex Per Share | 2.04 | 0.0582 | 0.0468 | 0.0601 | 0.0157 | 0.0149 |
Pair Trading with InspireMD
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 InspireMD 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 InspireMD will appreciate offsetting losses from the drop in the long position's value.Moving together with InspireMD Stock
Moving against InspireMD Stock
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The ability to find closely correlated positions to InspireMD could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace InspireMD 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 InspireMD - 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 InspireMD to buy it.
The correlation of InspireMD 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 InspireMD moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if InspireMD 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 InspireMD 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.Additional Tools for InspireMD Stock Analysis
When running InspireMD's price analysis, check to measure InspireMD'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 InspireMD is operating at the current time. Most of InspireMD's value examination focuses on studying past and present price action to predict the probability of InspireMD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InspireMD's price. Additionally, you may evaluate how the addition of InspireMD to your portfolios can decrease your overall portfolio volatility.