Inspire Historical Financial Ratios
INSP Stock | USD 204.67 5.99 3.01% |
Inspire Medical is lately reporting on over 101 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 PTB Ratio of 11.37 or Days Sales Outstanding of 44.23 will help investors to properly organize and evaluate Inspire Medical Systems financial condition quickly.
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About Inspire Financial Ratios Analysis
Inspire Medical SystemsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Inspire Medical 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 Inspire financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Inspire Medical history.
Inspire Medical Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Inspire Medical Systems stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Inspire Medical sales, a figure that is much harder to manipulate than other Inspire Medical Systems multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.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.Most ratios from Inspire Medical's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 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 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 closely tied with the direction of predictive economic indicators such as signals in state. At this time, Inspire Medical's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 01/06/2025, Research And Ddevelopement To Revenue is likely to grow to 0.32, while Days Sales Outstanding is likely to drop 44.23.
2022 | 2023 | 2024 | 2025 (projected) | Payables Turnover | 2.46 | 2.49 | 2.86 | 2.97 | Days Of Inventory On Hand | 65.62 | 128.07 | 147.27 | 185.26 |
Inspire Medical fundamentals Correlations
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Inspire Medical Account Relationship Matchups
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Inspire Medical fundamentals Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Price To Sales Ratio | 42.5 | 26.87 | 17.34 | 9.54 | 10.97 | 10.42 | |
Ptb Ratio | 21.35 | 27.38 | 14.26 | 10.41 | 11.97 | 11.37 | |
Days Sales Outstanding | 79.29 | 53.45 | 54.79 | 52.51 | 47.26 | 44.23 | |
Book Value Per Share | 8.81 | 8.4 | 17.67 | 19.54 | 17.58 | 18.46 | |
Free Cash Flow Yield | (0.0113) | (0.003952) | 3.5E-4 | 1.72E-4 | 1.55E-4 | 1.62E-4 | |
Operating Cash Flow Per Share | (2.03) | (0.74) | 0.41 | 0.84 | 0.76 | 0.8 | |
Capex To Depreciation | 2.92 | 3.83 | 4.9 | 8.3 | 7.47 | 7.85 | |
Pb Ratio | 21.35 | 27.38 | 14.26 | 10.41 | 11.97 | 11.37 | |
Ev To Sales | 41.12 | 26.1 | 16.28 | 9.28 | 10.68 | 10.14 | |
Free Cash Flow Per Share | (2.13) | (0.91) | 0.0881 | 0.0349 | 0.0315 | 0.033 | |
Roic | (0.22) | (0.15) | (0.0958) | (0.0747) | (0.0673) | (0.0706) | |
Inventory Turnover | 2.08 | 1.93 | 5.56 | 2.85 | 2.57 | 2.14 | |
Net Income Per Share | (2.19) | (1.54) | (1.6) | (0.72) | (0.65) | (0.68) | |
Days Of Inventory On Hand | 175.61 | 188.99 | 65.62 | 128.07 | 147.27 | 185.26 | |
Payables Turnover | 2.44 | 2.85 | 2.46 | 2.49 | 2.86 | 2.97 | |
Capex To Revenue | 0.0213 | 0.02 | 0.0223 | 0.0378 | 0.034 | 0.0192 | |
Cash Per Share | 8.99 | 7.87 | 16.08 | 15.71 | 14.14 | 14.85 | |
Pocfratio | (92.45) | (311.75) | 611.18 | 241.79 | 217.61 | 228.49 | |
Interest Coverage | (16.47) | (26.55) | (18.73) | (28.38) | (32.64) | (34.27) | |
Capex To Operating Cash Flow | (0.0463) | (0.23) | 0.79 | 0.96 | 0.86 | 0.91 | |
Pfcf Ratio | (88.36) | (253.04) | 2.9K | 5.8K | 5.2K | 5.5K | |
Days Payables Outstanding | 149.31 | 127.94 | 148.21 | 146.79 | 132.11 | 110.75 | |
Income Quality | 0.93 | 0.48 | (0.26) | (1.17) | (1.34) | (1.27) | |
Roe | (0.25) | (0.18) | (0.0905) | (0.0369) | (0.0333) | (0.0349) | |
Ev To Operating Cash Flow | (89.44) | (302.77) | 573.77 | 235.28 | 211.75 | 222.34 | |
Pe Ratio | (85.73) | (149.19) | (157.54) | (281.8) | (324.07) | (307.87) | |
Return On Tangible Assets | (0.2) | (0.14) | (0.0795) | (0.0313) | (0.0281) | (0.0295) | |
Ev To Free Cash Flow | (85.48) | (245.75) | 2.7K | 5.7K | 5.1K | 5.4K | |
Earnings Yield | (0.0117) | (0.006703) | (0.006347) | (0.003549) | (0.003194) | (0.003353) | |
Net Debt To E B I T D A | 3.01 | 4.68 | 10.9 | 9.42 | 8.48 | 8.9 | |
Current Ratio | 13.02 | 6.5 | 8.66 | 7.6 | 6.84 | 6.88 | |
Tangible Book Value Per Share | 8.81 | 8.4 | 17.67 | 19.54 | 17.58 | 18.46 | |
Receivables Turnover | 4.6 | 6.83 | 6.66 | 6.95 | 7.99 | 7.45 | |
Graham Number | 20.86 | 17.07 | 25.21 | 17.81 | 16.03 | 12.0 | |
Shareholders Equity Per Share | 8.81 | 8.4 | 17.67 | 19.54 | 17.58 | 18.46 | |
Debt To Equity | 0.15 | 0.18 | 0.11 | 0.0152 | 0.0175 | 0.0166 | |
Capex Per Share | 0.0942 | 0.17 | 0.32 | 0.81 | 0.73 | 0.76 |
Pair Trading with Inspire Medical
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 Inspire Medical 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 Inspire Medical will appreciate offsetting losses from the drop in the long position's value.Moving against Inspire Stock
0.62 | DXCM | DexCom Inc | PairCorr |
0.59 | LH | Laboratory | PairCorr |
0.56 | GH | Guardant Health | PairCorr |
0.56 | VREX | Varex Imaging Corp | PairCorr |
0.55 | ECOR | Electrocore LLC | PairCorr |
The ability to find closely correlated positions to Inspire Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inspire Medical 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 Inspire Medical - 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 Inspire Medical Systems to buy it.
The correlation of Inspire Medical 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 Inspire Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inspire Medical Systems 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 Inspire Medical 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 Inspire Stock Analysis
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.