Inspire Historical Financial Ratios

INSP Stock

USD 195.30 2.83 1.47%

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 9.89 or Days Sales Outstanding of 44.23 will help investors to properly organize and evaluate Inspire Medical Systems financial condition quickly.

Quick Ratio Current Ratio

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 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

At this time, Inspire Medical's Payables Turnover is relatively stable compared to the past year. As of 10/25/2024, Research And Ddevelopement To Revenue is likely to grow to 0.32, while Days Sales Outstanding is likely to drop 44.23.

Price To Sales Ratio Days Sales Outstanding Ev To Sales Inventory Turnover Interest Coverage Quick Ratio

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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.

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities.

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.

	2021	2022	2023	2024 (projected)
Payables Turnover	2.85	2.46	2.49	2.97
Days Of Inventory On Hand	188.99	65.62	128.07	185.26

Payables Turnover Days Of Inventory On Hand

Inspire Medical fundamentals Correlations

	Price To Sales Ratio	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality	Roe	Ev To Operating Cash Flow	Pe Ratio
Price To Sales Ratio		-0.53	0.15	-0.66	-0.63	-0.77	-0.43	-0.53	1.0	-0.8	-0.65	-0.56	-0.82	0.67	0.54	0.67	-0.66	-0.42	0.34	-0.58	-0.6	-0.44	0.66	0.54	-0.43	0.58
Ptb Ratio	-0.53		0.22	0.18	0.37	0.25	-0.06	1.0	-0.53	0.29	0.46	0.22	0.28	-0.41	-0.85	-0.57	0.19	0.01	-0.04	0.06	0.07	0.88	-0.15	-1.0	0.01	-0.15
Days Sales Outstanding	0.15	0.22		0.26	0.5	-0.09	0.03	0.22	0.12	-0.12	0.5	0.26	-0.39	-0.44	-0.5	-0.24	0.29	-0.09	-0.37	-0.09	-0.09	0.47	0.03	-0.17	-0.09	-0.15
Book Value Per Share	-0.66	0.18	0.26		0.91	0.88	0.72	0.18	-0.69	0.86	0.86	0.75	0.6	-0.85	-0.52	-0.45	0.99	0.59	-0.82	0.82	0.83	0.32	-0.89	-0.15	0.6	-0.91
Free Cash Flow Yield	-0.63	0.37	0.5	0.91		0.76	0.62	0.37	-0.66	0.75	0.96	0.7	0.46	-0.89	-0.66	-0.58	0.91	0.36	-0.77	0.58	0.61	0.49	-0.73	-0.32	0.36	-0.83
Operating Cash Flow Per Share	-0.77	0.25	-0.09	0.88	0.76		0.8	0.25	-0.77	0.99	0.66	0.6	0.82	-0.65	-0.46	-0.32	0.83	0.68	-0.78	0.9	0.92	0.3	-0.97	-0.22	0.68	-0.92
Capex To Depreciation	-0.43	-0.06	0.03	0.72	0.62	0.8		-0.06	-0.43	0.73	0.47	0.24	0.72	-0.36	-0.15	0.1	0.62	0.5	-0.87	0.81	0.88	-0.02	-0.86	0.09	0.51	-0.88
Pb Ratio	-0.53	1.0	0.22	0.18	0.37	0.25	-0.06		-0.53	0.29	0.46	0.22	0.28	-0.41	-0.85	-0.57	0.19	0.01	-0.04	0.06	0.07	0.88	-0.15	-1.0	0.01	-0.15
Ev To Sales	1.0	-0.53	0.12	-0.69	-0.66	-0.77	-0.43	-0.53		-0.8	-0.68	-0.59	-0.8	0.7	0.56	0.69	-0.69	-0.43	0.35	-0.59	-0.61	-0.46	0.66	0.53	-0.43	0.59
Free Cash Flow Per Share	-0.8	0.29	-0.12	0.86	0.75	0.99	0.73	0.29	-0.8		0.66	0.67	0.78	-0.68	-0.49	-0.37	0.82	0.69	-0.71	0.86	0.86	0.34	-0.92	-0.27	0.7	-0.87
Roic	-0.65	0.46	0.5	0.86	0.96	0.66	0.47	0.46	-0.68	0.66		0.73	0.42	-0.94	-0.69	-0.65	0.89	0.27	-0.61	0.47	0.5	0.54	-0.62	-0.42	0.27	-0.71
Inventory Turnover	-0.56	0.22	0.26	0.75	0.7	0.6	0.24	0.22	-0.59	0.67	0.73		0.21	-0.9	-0.54	-0.5	0.81	0.68	-0.43	0.53	0.41	0.44	-0.5	-0.2	0.67	-0.47
Net Income Per Share	-0.82	0.28	-0.39	0.6	0.46	0.82	0.72	0.28	-0.8	0.78	0.42	0.21		-0.36	-0.26	-0.21	0.53	0.38	-0.46	0.71	0.8	0.15	-0.79	-0.29	0.39	-0.71
Days Of Inventory On Hand	0.67	-0.41	-0.44	-0.85	-0.89	-0.65	-0.36	-0.41	0.7	-0.68	-0.94	-0.9	-0.36		0.69	0.63	-0.89	-0.45	0.52	-0.5	-0.47	-0.56	0.58	0.39	-0.45	0.62
Payables Turnover	0.54	-0.85	-0.5	-0.52	-0.66	-0.46	-0.15	-0.85	0.56	-0.49	-0.69	-0.54	-0.26	0.69		0.58	-0.53	-0.29	0.4	-0.34	-0.32	-0.97	0.41	0.83	-0.29	0.45
Capex To Revenue	0.67	-0.57	-0.24	-0.45	-0.58	-0.32	0.1	-0.57	0.69	-0.37	-0.65	-0.5	-0.21	0.63	0.58		-0.52	-0.04	0.1	-0.1	-0.1	-0.5	0.21	0.55	-0.04	0.23
Cash Per Share	-0.66	0.19	0.29	0.99	0.91	0.83	0.62	0.19	-0.69	0.82	0.89	0.81	0.53	-0.89	-0.53	-0.52		0.57	-0.76	0.76	0.75	0.34	-0.83	-0.16	0.57	-0.85
Pocfratio	-0.42	0.01	-0.09	0.59	0.36	0.68	0.5	0.01	-0.43	0.69	0.27	0.68	0.38	-0.45	-0.29	-0.04	0.57		-0.57	0.84	0.69	0.21	-0.65	-0.02	1.0	-0.5
Interest Coverage	0.34	-0.04	-0.37	-0.82	-0.77	-0.78	-0.87	-0.04	0.35	-0.71	-0.61	-0.43	-0.46	0.52	0.4	0.1	-0.76	-0.57		-0.82	-0.84	-0.23	0.86	-0.01	-0.58	0.91
Capex To Operating Cash Flow	-0.58	0.06	-0.09	0.82	0.58	0.9	0.81	0.06	-0.59	0.86	0.47	0.53	0.71	-0.5	-0.34	-0.1	0.76	0.84	-0.82		0.97	0.19	-0.94	-0.05	0.85	-0.84
Pfcf Ratio	-0.6	0.07	-0.09	0.83	0.61	0.92	0.88	0.07	-0.61	0.86	0.5	0.41	0.8	-0.47	-0.32	-0.1	0.75	0.69	-0.84	0.97		0.15	-0.97	-0.06	0.7	-0.91
Days Payables Outstanding	-0.44	0.88	0.47	0.32	0.49	0.3	-0.02	0.88	-0.46	0.34	0.54	0.44	0.15	-0.56	-0.97	-0.5	0.34	0.21	-0.23	0.19	0.15		-0.24	-0.86	0.21	-0.26
Income Quality	0.66	-0.15	0.03	-0.89	-0.73	-0.97	-0.86	-0.15	0.66	-0.92	-0.62	-0.5	-0.79	0.58	0.41	0.21	-0.83	-0.65	0.86	-0.94	-0.97	-0.24		0.12	-0.65	0.97
Roe	0.54	-1.0	-0.17	-0.15	-0.32	-0.22	0.09	-1.0	0.53	-0.27	-0.42	-0.2	-0.29	0.39	0.83	0.55	-0.16	-0.02	-0.01	-0.05	-0.06	-0.86	0.12		-0.02	0.12
Ev To Operating Cash Flow	-0.43	0.01	-0.09	0.6	0.36	0.68	0.51	0.01	-0.43	0.7	0.27	0.67	0.39	-0.45	-0.29	-0.04	0.57	1.0	-0.58	0.85	0.7	0.21	-0.65	-0.02		-0.5
Pe Ratio	0.58	-0.15	-0.15	-0.91	-0.83	-0.92	-0.88	-0.15	0.59	-0.87	-0.71	-0.47	-0.71	0.62	0.45	0.23	-0.85	-0.5	0.91	-0.84	-0.91	-0.26	0.97	0.12	-0.5

Click cells to compare fundamentals

Inspire Medical Account Relationship Matchups

Inspire Medical fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Price To Sales Ratio	21.53	42.5	26.87	17.34	9.54	9.06
Ptb Ratio	12.63	21.35	27.38	14.26	10.41	9.89
Days Sales Outstanding	58.41	79.29	53.45	54.79	52.51	44.23
Book Value Per Share	5.87	8.81	8.4	17.67	19.54	20.52
Free Cash Flow Yield	(0.0201)	(0.0113)	(0.003952)	3.5E-4	1.72E-4	1.8E-4
Operating Cash Flow Per Share	(1.38)	(2.03)	(0.74)	0.41	0.84	0.88
Stock Based Compensation To Revenue	0.008506	0.0241	0.0755	0.11	0.13	0.14
Capex To Depreciation	5.53	2.92	3.83	4.9	8.3	8.72
Pb Ratio	12.63	21.35	27.38	14.26	10.41	9.89
Ev To Sales	21.55	41.12	26.1	16.28	9.28	8.82
Free Cash Flow Per Share	(1.49)	(2.13)	(0.91)	0.0881	0.0349	0.0367
Roic	(0.21)	(0.22)	(0.15)	(0.0956)	(0.0716)	(0.0752)
Inventory Turnover	2.34	2.08	1.93	5.56	2.85	2.14
Net Income Per Share	(1.4)	(2.19)	(1.54)	(1.6)	(0.72)	(0.76)
Days Of Inventory On Hand	156.08	175.61	188.99	65.62	128.07	185.26
Payables Turnover	3.06	2.44	2.85	2.46	2.49	2.97
Sales General And Administrative To Revenue	0.13	1.06	0.88	0.66	0.6	0.56
Research And Ddevelopement To Revenue	0.15	0.16	0.23	0.17	0.19	0.32
Capex To Revenue	0.0334	0.0213	0.02	0.0223	0.0378	0.0192
Cash Per Share	6.28	8.99	7.87	16.08	15.71	16.5
Pocfratio	(53.78)	(92.45)	(311.75)	611.18	241.79	253.88
Interest Coverage	(16.47)	(26.55)	(18.73)	(28.38)	(32.64)	(34.27)
Capex To Operating Cash Flow	(0.0834)	(0.0463)	(0.23)	0.79	0.96	1.01
Pfcf Ratio	(49.64)	(88.36)	(253.04)	2.9K	5.8K	6.1K
Days Payables Outstanding	119.29	149.31	127.94	148.21	146.79	110.75
Income Quality	0.99	0.93	0.48	(0.26)	(1.17)	(1.11)
Roe	(0.24)	(0.25)	(0.18)	(0.0905)	(0.0369)	(0.0388)
Ev To Operating Cash Flow	(53.83)	(89.44)	(302.77)	573.77	235.28	247.04
Pe Ratio	(53.14)	(85.73)	(149.19)	(157.54)	(281.8)	(267.71)
Return On Tangible Assets	(0.18)	(0.2)	(0.14)	(0.0795)	(0.0313)	(0.0328)
Ev To Free Cash Flow	(49.69)	(85.48)	(245.75)	2.7K	5.7K	5.9K
Earnings Yield	(0.0188)	(0.0117)	(0.006703)	(0.006347)	(0.003549)	(0.003726)
Net Debt To E B I T D A	(0.0535)	2.91	4.54	10.16	3.99	2.44
Current Ratio	10.12	13.02	6.5	8.66	7.6	6.88
Tangible Book Value Per Share	5.87	8.81	8.4	17.67	19.54	20.52
Receivables Turnover	6.25	4.6	6.83	6.66	6.95	7.45
Graham Number	13.59	20.86	17.07	25.21	17.81	12.0
Shareholders Equity Per Share	5.87	8.81	8.4	17.67	19.54	20.52
Debt To Equity	0.15	0.18	0.13	0.0179	0.0434	0.0412
Capex Per Share	0.12	0.0942	0.17	0.32	0.81	0.85

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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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

Inspire Historical Financial Ratios

About Inspire Financial Ratios Analysis

Inspire Medical Financial Ratios Chart

Price To Sales Ratio

Ev To Sales

Inventory Turnover

Quick Ratio

Inspire Medical fundamentals Correlations

Inspire Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Inspire Medical fundamentals Accounts

Pair Trading with Inspire Medical

Moving together with Inspire Stock

Moving against Inspire Stock

Additional Tools for Inspire Stock Analysis

COMMON DESTINATIONS

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COMPANY

Ev To Sales	+ 1.0	Price To Sales Ratio
Pb Ratio	+ 1.0	Ptb Ratio
Ev To Operating Cash Flow	+ 1.0	Pocfratio
Cash Per Share	+ 0.99	Book Value Per Share
Free Cash Flow Per Share	+ 0.99	Operating Cash Flow Per Share
Pfcf Ratio	+ 0.97	Capex To Operating Cash Flow

Roe	- 1.0	Pb Ratio
Roe	- 1.0	Ptb Ratio
Income Quality	- 0.97	Pfcf Ratio
Days Payables Outstanding	- 0.97	Payables Turnover
Income Quality	- 0.97	Operating Cash Flow Per Share
Income Quality	- 0.94	Capex To Operating Cash Flow