Inspire Historical Balance Sheet

INSP Stock

USD 195.30 2.83 1.47%

Trend analysis of Inspire Medical Systems balance sheet accounts such as Short and Long Term Debt Total of 24.8 M or Other Current Liab of 41.2 M provides information on Inspire Medical's total assets, liabilities, and equity, which is the actual value of Inspire Medical Systems to its prevalent stockholders. By breaking down trends over time using Inspire Medical 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.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Inspire Medical Systems 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 Inspire Medical Systems is a good buy for the upcoming year.

Inspire Medical Inventory

35.58 Million

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.

About Inspire Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Inspire Medical Systems at a specified time, usually calculated after every quarter, six months, or one year. Inspire Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Inspire Medical 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 Inspire currently owns. An asset can also be divided into two categories, current and non-current.

Inspire Medical Balance Sheet Chart

At this time, Inspire Medical's Non Current Assets Total are relatively stable compared to the past year. As of 10/25/2024, Non Currrent Assets Other is likely to grow to about 11.8 M, while Other Liabilities is likely to drop slightly above 112.8 K.

Common Stock Shares Outstanding Short Long Term Debt Total Other Current Liab Accounts Payable Current Deferred Revenue

Add Fundamental

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Inspire Medical obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Inspire Medical Systems are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most accounts from Inspire Medical's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 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 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	33.8M	8.9M	24.8M	24.8M
Total Assets	295.1M	564.9M	676.8M	710.7M

Short Long Term Debt Total Total Assets

Inspire Medical balance sheet Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Common Stock Shares Outstanding		0.84	0.56	0.84	0.8	0.84	0.65	0.87	0.68	-0.8	-0.91	0.73	0.82	0.7	0.39	0.56	0.91	0.78	0.92	0.56	0.6	0.88	0.7	0.75	0.94	0.92
Total Assets	0.84		0.37	0.99	0.98	1.0	0.67	0.99	0.93	-0.8	-0.98	0.97	0.79	0.94	0.74	0.51	0.91	0.98	0.82	0.51	0.46	1.0	0.9	0.97	0.91	0.9
Short Long Term Debt Total	0.56	0.37		0.34	0.3	0.35	0.17	0.42	0.33	-0.13	-0.45	0.24	0.18	0.34	0.25	0.67	0.34	0.31	0.62	0.67	0.94	0.43	0.44	0.33	0.41	0.49
Other Current Liab	0.84	0.99	0.34		0.99	0.99	0.71	0.98	0.94	-0.79	-0.98	0.98	0.77	0.95	0.75	0.43	0.89	0.99	0.79	0.43	0.41	0.98	0.93	0.98	0.9	0.9
Total Current Liabilities	0.8	0.98	0.3	0.99		0.97	0.71	0.95	0.96	-0.76	-0.96	0.99	0.74	0.97	0.79	0.34	0.85	0.99	0.73	0.34	0.36	0.96	0.95	0.98	0.86	0.88
Total Stockholder Equity	0.84	1.0	0.35	0.99	0.97		0.66	0.99	0.92	-0.81	-0.97	0.97	0.79	0.93	0.73	0.51	0.92	0.98	0.82	0.51	0.45	0.99	0.89	0.97	0.92	0.9
Other Liab	0.65	0.67	0.17	0.71	0.71	0.66		0.62	0.65	-0.65	-0.72	0.7	0.65	0.65	0.46	0.12	0.67	0.7	0.64	0.12	0.22	0.65	0.66	0.64	0.73	0.74
Net Tangible Assets	0.87	0.99	0.42	0.98	0.95	0.99	0.62		0.89	-0.82	-0.97	0.93	0.81	0.9	0.68	0.57	0.93	0.95	0.87	0.57	0.51	1.0	0.87	0.95	0.93	0.91
Property Plant And Equipment Net	0.68	0.93	0.33	0.94	0.96	0.92	0.65	0.89		-0.57	-0.89	0.98	0.54	1.0	0.93	0.33	0.74	0.98	0.63	0.33	0.41	0.9	0.99	0.98	0.75	0.81
Net Debt	-0.8	-0.8	-0.13	-0.79	-0.76	-0.81	-0.65	-0.82	-0.57		0.83	-0.71	-1.0	-0.58	-0.24	-0.31	-0.88	-0.73	-0.75	-0.31	-0.17	-0.82	-0.54	-0.66	-0.86	-0.75
Retained Earnings	-0.91	-0.98	-0.45	-0.98	-0.96	-0.97	-0.72	-0.97	-0.89	0.83		-0.93	-0.83	-0.9	-0.65	-0.48	-0.91	-0.96	-0.86	-0.48	-0.5	-0.99	-0.89	-0.93	-0.93	-0.92
Accounts Payable	0.73	0.97	0.24	0.98	0.99	0.97	0.7	0.93	0.98	-0.71	-0.93		0.68	0.98	0.85	0.34	0.82	1.0	0.69	0.34	0.33	0.94	0.95	0.99	0.83	0.84
Cash	0.82	0.79	0.18	0.77	0.74	0.79	0.65	0.81	0.54	-1.0	-0.83	0.68		0.56	0.2	0.33	0.89	0.71	0.77	0.33	0.21	0.81	0.52	0.64	0.87	0.77
Non Current Assets Total	0.7	0.94	0.34	0.95	0.97	0.93	0.65	0.9	1.0	-0.58	-0.9	0.98	0.56		0.91	0.33	0.75	0.98	0.65	0.33	0.41	0.91	0.99	0.98	0.77	0.83
Non Currrent Assets Other	0.39	0.74	0.25	0.75	0.79	0.73	0.46	0.68	0.93	-0.24	-0.65	0.85	0.2	0.91		0.24	0.48	0.83	0.38	0.24	0.36	0.69	0.9	0.87	0.5	0.6
Long Term Debt	0.56	0.51	0.67	0.43	0.34	0.51	0.12	0.57	0.33	-0.31	-0.48	0.34	0.33	0.33	0.24		0.52	0.37	0.76	1.0	0.83	0.55	0.33	0.44	0.53	0.45
Cash And Short Term Investments	0.91	0.91	0.34	0.89	0.85	0.92	0.67	0.93	0.74	-0.88	-0.91	0.82	0.89	0.75	0.48	0.52		0.84	0.91	0.52	0.46	0.93	0.71	0.82	0.99	0.95
Net Receivables	0.78	0.98	0.31	0.99	0.99	0.98	0.7	0.95	0.98	-0.73	-0.96	1.0	0.71	0.98	0.83	0.37	0.84		0.73	0.37	0.39	0.96	0.96	0.99	0.85	0.87
Common Stock Total Equity	0.92	0.82	0.62	0.79	0.73	0.82	0.64	0.87	0.63	-0.75	-0.86	0.69	0.77	0.65	0.38	0.76	0.91	0.73		0.76	0.72	0.86	0.64	0.73	0.93	0.89
Long Term Debt Total	0.56	0.51	0.67	0.43	0.34	0.51	0.12	0.57	0.33	-0.31	-0.48	0.34	0.33	0.33	0.24	1.0	0.52	0.37	0.76		0.83	0.55	0.33	0.44	0.53	0.45
Non Current Liabilities Total	0.6	0.46	0.94	0.41	0.36	0.45	0.22	0.51	0.41	-0.17	-0.5	0.33	0.21	0.41	0.36	0.83	0.46	0.39	0.72	0.83		0.51	0.47	0.43	0.51	0.56
Capital Surpluse	0.88	1.0	0.43	0.98	0.96	0.99	0.65	1.0	0.9	-0.82	-0.99	0.94	0.81	0.91	0.69	0.55	0.93	0.96	0.86	0.55	0.51		0.88	0.95	0.93	0.91
Inventory	0.7	0.9	0.44	0.93	0.95	0.89	0.66	0.87	0.99	-0.54	-0.89	0.95	0.52	0.99	0.9	0.33	0.71	0.96	0.64	0.33	0.47	0.88		0.96	0.74	0.82
Other Current Assets	0.75	0.97	0.33	0.98	0.98	0.97	0.64	0.95	0.98	-0.66	-0.93	0.99	0.64	0.98	0.87	0.44	0.82	0.99	0.73	0.44	0.43	0.95	0.96		0.83	0.85
Other Stockholder Equity	0.94	0.91	0.41	0.9	0.86	0.92	0.73	0.93	0.75	-0.86	-0.93	0.83	0.87	0.77	0.5	0.53	0.99	0.85	0.93	0.53	0.51	0.93	0.74	0.83		0.97
Total Liab	0.92	0.9	0.49	0.9	0.88	0.9	0.74	0.91	0.81	-0.75	-0.92	0.84	0.77	0.83	0.6	0.45	0.95	0.87	0.89	0.45	0.56	0.91	0.82	0.85	0.97

Click cells to compare fundamentals

Inspire Medical Account Relationship Matchups

Inspire Medical balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	23.8M	26.1M	27.3M	28.1M	29.3M	22.9M
Total Assets	181.3M	281.2M	295.1M	564.9M	676.8M	710.7M
Short Long Term Debt Total	25.4M	30.6M	33.8M	8.9M	24.8M	24.8M
Other Current Liab	12.4M	13.5M	20.5M	33.0M	39.3M	41.2M
Total Current Liabilities	16.9M	20.7M	41.3M	61.2M	78.1M	82.0M
Total Stockholder Equity	139.8M	229.7M	229.0M	496.0M	572.5M	601.1M
Net Tangible Assets	139.8M	229.7M	229.0M	496.0M	570.4M	598.9M
Property Plant And Equipment Net	4.0M	11.1M	16.4M	24.1M	62.7M	65.8M
Net Debt	1.7M	(159.9M)	(180.7M)	(432.7M)	(160.7M)	(168.7M)
Retained Earnings	(180.2M)	(237.3M)	(279.4M)	(324.3M)	(345.4M)	(362.7M)
Accounts Payable	4.5M	7.2M	11.7M	26.8M	38.8M	40.8M
Cash	22.9M	190.5M	214.5M	441.6M	185.5M	160.6M
Non Current Assets Total	10.6M	11.3M	26.5M	34.8M	83.1M	87.2M
Non Currrent Assets Other	802K	381K	204K	215K	11.3M	11.8M
Long Term Debt	24.9M	24.5M	24.7M	15.8M	18.2M	21.8M
Cash And Short Term Investments	149.5M	234.4M	214.5M	451.4M	460.4M	236.7M
Net Receivables	13.1M	25.1M	34.2M	61.2M	89.9M	94.4M
Common Stock Total Equity	23K	24K	27K	29K	33.4K	22.6K
Short Term Investments	90.9M	126.6M	43.8M	9.8M	274.8M	288.6M
Long Term Debt Total	24.9M	24.5M	24.7M	15.8M	18.2M	21.8M
Liabilities And Stockholders Equity	181.3M	281.2M	295.1M	564.9M	676.8M	710.7M
Non Current Liabilities Total	24.6M	30.7M	24.7M	7.7M	26.2M	23.1M
Capital Surpluse	319.9M	467.0M	508.5M	820.3M	943.4M	990.6M
Inventory	5.8M	8.5M	17.2M	11.9M	33.9M	35.6M
Other Current Assets	2.2M	2.0M	2.7M	5.5M	9.6M	10.1M
Other Stockholder Equity	319.9M	467.0M	508.5M	820.3M	917.1M	478.1M
Total Liab	41.4M	51.4M	66.0M	68.9M	104.3M	56.6M
Property Plant And Equipment Gross	4.0M	11.1M	16.4M	24.1M	69.9M	73.4M
Total Current Assets	170.6M	269.9M	268.5M	530.0M	593.7M	623.4M
Accumulated Other Comprehensive Income	102K	29K	(55K)	(86K)	800K	840K
Common Stock	23K	24K	27K	29K	30K	23.9K
Property Plant Equipment	4.0M	5.3M	16.4M	17.2M	19.8M	20.8M
Net Invested Capital	164.4M	254.5M	254.0M	496.0M	572.5M	306.2M
Net Working Capital	153.8M	249.1M	227.2M	468.8M	515.6M	286.0M
Retained Earnings Total Equity	(180.2M)	(237.3M)	(279.4M)	(324.3M)	(291.8M)	(306.4M)

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 together with Inspire Stock

0.83

DOCS

Doximity

Pair Corr

Moving against Inspire Stock

0.87	AGL	agilon health	Pair Corr
0.83	VREX	Varex Imaging Corp Fiscal Year End 12th of November 2024	Pair Corr
0.79	EDAP	EDAP TMS SA	Pair Corr
0.69	VTAK	Catheter Precision	Pair Corr
0.62	ENOV	Enovis Corp	Pair Corr

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.

Pair Correlation Correlation Matching

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.

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Inspire Historical Balance Sheet

Inspire Medical Inventory

35.58 Million

About Inspire Balance Sheet Analysis

Inspire Medical Balance Sheet Chart

Common Stock Shares Outstanding

Accounts Payable

Current Deferred Revenue

Inspire Medical balance sheet Correlations

Inspire Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Inspire Medical balance sheet Accounts

Pair Trading with Inspire Medical

Moving together with Inspire Stock

Moving against Inspire Stock

Additional Tools for Inspire Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Capital Surpluse	+ 1.0	Total Assets
Capital Surpluse	+ 1.0	Net Tangible Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Receivables	+ 1.0	Accounts Payable
Long Term Debt Total	+ 1.0	Long Term Debt

Cash	- 1.0	Net Debt
Capital Surpluse	- 0.99	Retained Earnings
Retained Earnings	- 0.98	Other Current Liab
Retained Earnings	- 0.98	Total Assets
Retained Earnings	- 0.97	Net Tangible Assets
Retained Earnings	- 0.97	Total Stockholder Equity