Ispire Historical Balance Sheet
| ISPR Stock | 6.20 0.11 1.74% |
Trend analysis of Ispire Technology Common balance sheet accounts such as Other Current Liabilities of 20.4 M or Total Current Liabilities of 62.2 M provides information on Ispire Technology's total assets, liabilities, and equity, which is the actual value of Ispire Technology Common to its prevalent stockholders. By breaking down trends over time using Ispire Technology balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Ispire Technology Common latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ispire Technology Common is a good buy for the upcoming year.
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About Ispire Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Ispire Technology Common at a specified time, usually calculated after every quarter, six months, or one year. Ispire Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ispire Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ispire currently owns. An asset can also be divided into two categories, current and non-current.
Ispire Technology Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Ispire Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ispire Technology Common books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Ispire Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ispire Technology Common are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most accounts from Ispire Technology's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ispire Technology Common current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Ispire Technology Common. 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. At this time, Ispire Technology's Other Stockholder Equity is relatively stable compared to the past year. As of 11/29/2024, Total Current Assets is likely to grow to about 104.6 M, while Short and Long Term Debt Total is likely to drop slightly above 2.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 347.5K | 4.3M | 3.4M | 2.3M | Total Assets | 100.7M | 90.7M | 122.6M | 112.2M |
Ispire Technology balance sheet Correlations
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Ispire Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Ispire Technology
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 Ispire Technology 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 Ispire Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Ispire Stock
Moving against Ispire Stock
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| 0.59 | SAM | Boston Beer | PairCorr |
| 0.52 | TPB | Turning Point Brands | PairCorr |
| 0.46 | FDP | Fresh Del Monte | PairCorr |
The ability to find closely correlated positions to Ispire Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ispire Technology 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 Ispire Technology - 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 Ispire Technology Common to buy it.
The correlation of Ispire Technology 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 Ispire Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ispire Technology Common 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 Ispire Technology 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 Ispire Stock Analysis
When running Ispire Technology's price analysis, check to measure Ispire Technology'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 Ispire Technology is operating at the current time. Most of Ispire Technology's value examination focuses on studying past and present price action to predict the probability of Ispire Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ispire Technology's price. Additionally, you may evaluate how the addition of Ispire Technology to your portfolios can decrease your overall portfolio volatility.