IINNW Stock | | | USD 0.29 0.06 17.14% |
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 Net Interest Income and its Gross Profit 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.
Net Interest Income vs Gross Profit
Net Interest Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inspira Technologies Oxy Net Interest Income account and
Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Inspira Technologies' Net Interest Income and Gross Profit is -0.84. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Gross Profit 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' Net Interest Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Inspira Technologies Oxy are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Interest Income i.e., Inspira Technologies' Net Interest Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.84 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Inspira Technologies Oxy minus its cost of goods sold. It is profit before Inspira Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 3.7
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop
(1.09) in 2024.
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
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Additional Tools for Inspira Stock Analysis
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measure Inspira Technologies' 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 Inspira Technologies is operating at the current time. Most of Inspira Technologies' value examination focuses on studying past and present price action to
predict the probability of Inspira Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inspira Technologies' price. Additionally, you may evaluate how the addition of Inspira Technologies to your portfolios can decrease your overall portfolio volatility.