Inspira Common Stock Shares Outstanding vs Net Working Capital Analysis
IINN Stock | USD 1.30 0.04 2.99% |
Inspira Technologies financial indicator trend analysis is infinitely more than just investigating Inspira Technologies Oxy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inspira Technologies Oxy is a good investment. Please check the relationship between Inspira Technologies Common Stock Shares Outstanding and its Net Working Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inspira Technologies Oxy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Common Stock Shares Outstanding vs Net Working Capital
Common Stock Shares Outstanding vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inspira Technologies Oxy Common Stock Shares Outstanding account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Inspira Technologies' Common Stock Shares Outstanding and Net Working Capital is -0.73. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Inspira Technologies Oxy, assuming nothing else is changed. The correlation between historical values of Inspira Technologies' Common Stock Shares Outstanding and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Inspira Technologies Oxy are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Common Stock Shares Outstanding i.e., Inspira Technologies' Common Stock Shares Outstanding and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Net Working Capital
Most indicators from Inspira Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inspira Technologies Oxy 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 Inspira Technologies Oxy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Inspira Technologies' Selling General Administrative is very stable compared to the past year. As of the 4th of December 2024, Issuance Of Capital Stock is likely to grow to about 3.7 M, while Sales General And Administrative To Revenue is likely to drop (1.09).
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 13.4M | 14.8M | 11.7M | 10.4M | Cost Of Revenue | 218K | 361K | 406K | 278.1K |
Inspira Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Inspira Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inspira Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 374K | 987K | 25.9M | 16.0M | 9.3M | 9.6M | |
Other Current Liab | 103K | 768K | 3.9M | 1.2M | 2.5M | 1.6M | |
Total Current Liabilities | 5.0M | 951K | 4.3M | 2.1M | 3.0M | 2.8M | |
Total Stockholder Equity | (4.6M) | (1.7M) | 20.4M | 12.8M | 5.7M | 6.0M | |
Net Tangible Assets | (4.6M) | (1.7M) | 20.4M | 12.8M | 14.7M | 15.5M | |
Net Debt | 4.7M | 1.4M | (22.3M) | (5.3M) | (4.2M) | (4.4M) | |
Retained Earnings | (4.6M) | (11.8M) | (28.8M) | (39.1M) | (55.5M) | (52.7M) | |
Accounts Payable | 74K | 3K | 93K | 152K | 198K | 207.9K | |
Cash | 96K | 496K | 23.7M | 6.8M | 5.0M | 6.6M | |
Non Current Assets Total | 192K | 303K | 1.4M | 1.5M | 1.5M | 896.9K | |
Cash And Short Term Investments | 96K | 496K | 23.7M | 13.9M | 7.4M | 8.4M | |
Net Receivables | 51K | 143K | 210K | 591K | 679.7K | 713.6K | |
Common Stock Shares Outstanding | 13.5M | 7.2M | 5.3M | 10.8M | 12.1M | 8.3M | |
Liabilities And Stockholders Equity | 374K | 987K | 25.9M | 16.0M | 9.3M | 9.6M | |
Non Current Liabilities Total | 28K | 1.7M | 1.2M | 1.1M | 588K | 858.7K | |
Capital Lease Obligations | 153K | 275K | 1.2M | 1.1M | 878K | 649.7K | |
Other Stockholder Equity | (36K) | 10.5M | 210K | 1.9M | 2.2M | 2.8M | |
Total Liab | 5.0M | 2.7M | 5.5M | 3.2M | 3.6M | 3.7M | |
Net Invested Capital | 44K | (59K) | 20.7M | 13.2M | 5.7M | 7.3M | |
Total Current Assets | 182K | 684K | 24.5M | 14.5M | 7.8M | 8.7M | |
Accumulated Other Comprehensive Income | (36K) | (635K) | 210K | (1.9M) | (1.7M) | (1.6M) | |
Net Working Capital | (4.8M) | (267K) | 20.2M | 12.4M | 4.8M | 5.9M |
Pair Trading with Inspira Technologies
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 Inspira Technologies 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 Inspira Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Inspira Stock
0.73 | EDAP | EDAP TMS SA | PairCorr |
0.67 | ELAB | Elevai Labs, Common | PairCorr |
0.49 | EHAB | Enhabit | PairCorr |
0.45 | CI | Cigna Corp | PairCorr |
0.43 | FLGT | Fulgent Genetics | PairCorr |
The ability to find closely correlated positions to Inspira Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inspira Technologies 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 Inspira Technologies - 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 Inspira Technologies Oxy to buy it.
The correlation of Inspira Technologies 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 Inspira Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inspira Technologies Oxy 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 Inspira Technologies 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inspira Technologies Oxy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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 Inspira Technologies. If investors know Inspira 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 Inspira Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.78) | Return On Assets (0.60) | Return On Equity (1.17) |
The market value of Inspira Technologies Oxy is measured differently than its book value, which is the value of Inspira that is recorded on the company's balance sheet. Investors also form their own opinion of Inspira Technologies' value that differs from its market value or its book value, called intrinsic value, which is Inspira Technologies' 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 Inspira Technologies' market value can be influenced by many factors that don't directly affect Inspira Technologies' 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 Inspira Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Inspira Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inspira Technologies' 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.