Nevro Financial Statements From 2010 to 2024

NVRO Stock  USD 4.36  0.13  3.07%   
Nevro Corp financial statements provide useful quarterly and yearly information to potential Nevro Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Nevro Corp financial statements helps investors assess Nevro Corp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Nevro Corp's valuation are summarized below:
Gross Profit
276.4 M
Profit Margin
(0.17)
Market Capitalization
163.4 M
Enterprise Value Revenue
0.3171
Revenue
419.1 M
We have found one hundred twenty available fundamental ratios for Nevro Corp, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Nevro Corp's last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 22nd of November 2024, Market Cap is likely to grow to about 1.4 B. Also, Enterprise Value is likely to grow to about 1.5 B

Nevro Corp Total Revenue

280.23 Million

Check Nevro Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nevro Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.1 M, Interest Expense of 8.8 M or Selling General Administrative of 215.3 M, as well as many indicators such as Price To Sales Ratio of 1.73, Dividend Yield of 0.0 or PTB Ratio of 5.23. Nevro financial statements analysis is a perfect complement when working with Nevro Corp Valuation or Volatility modules.
  
Check out the analysis of Nevro Corp Correlation against competitors.
To learn how to invest in Nevro Stock, please use our How to Invest in Nevro Corp guide.

Nevro Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets461.8 M635.7 M373.2 M
Slightly volatile
Other Current Liabilities34.2 M53.7 M27.6 M
Slightly volatile
Total Current Liabilities71.3 M83.4 M57.3 M
Slightly volatile
Total Stockholder Equity255.5 M293.1 M208.6 M
Slightly volatile
Other Liabilities3.6 M2.5 M2.9 M
Slightly volatile
Property Plant And Equipment Net19.1 M33.5 M15.1 M
Slightly volatile
Accounts Payable19.3 M22.5 M15.6 M
Slightly volatile
Cash58.2 M104.2 M47 M
Slightly volatile
Non Current Assets Total110 M104.8 M29 M
Slightly volatile
Non Currrent Assets Other4.5 M5.8 M3.6 M
Slightly volatile
Other Assets0.951.04.3 M
Slightly volatile
Cash And Short Term Investments289 M322.7 M233.5 M
Slightly volatile
Net Receivables57.9 M79.4 M46.8 M
Slightly volatile
Common Stock Total Equity28.1 K40.2 K23.4 K
Slightly volatile
Common Stock Shares Outstanding26.7 M36 M21.3 M
Slightly volatile
Short Term Investments230.8 M218.5 M186.6 M
Slightly volatile
Liabilities And Stockholders Equity461.8 M635.7 M373.2 M
Slightly volatile
Non Current Liabilities Total135.1 M259.2 M107.3 M
Slightly volatile
Inventory78.7 M118.7 M63.8 M
Slightly volatile
Other Current Assets6.7 M10.1 M5.7 M
Slightly volatile
Other Stockholder Equity588.4 M992.8 M467.5 M
Slightly volatile
Total Liabilities206.3 M342.6 M164.5 M
Slightly volatile
Property Plant And Equipment Gross72.6 M69.2 M21.1 M
Slightly volatile
Total Current Assets432 M530.9 M349.5 M
Slightly volatile
Common Stock29.1 K36 K23.2 K
Slightly volatile
Property Plant Equipment26.9 M25.6 M10.4 M
Slightly volatile
Short and Long Term Debt Total172.5 M221.8 M121.3 M
Slightly volatile
Net Tangible Assets291.2 M372.5 M249 M
Slightly volatile
Long Term Debt145.9 M211.5 M103.4 M
Slightly volatile
Long Term Debt Total136.3 M214.9 M103 M
Slightly volatile
Capital Surpluse686.8 M1.1 B570.4 M
Slightly volatile
Short and Long Term Debt108.1 M194.1 M103.1 M
Slightly volatile
Non Current Liabilities Other45.2 M43.1 M12.5 M
Slightly volatile
Short Term Debt5.4 M5.7 M40.1 M
Very volatile
Net Invested Capital524.5 M504.6 M441.5 M
Slightly volatile
Net Working Capital473 M447.5 M411 M
Slightly volatile
Capital Stock37.2 K36 K32 K
Slightly volatile
Capital Lease Obligations4.4 M4.6 M17.1 M
Slightly volatile

Nevro Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization12.1 M11.5 M4.5 M
Slightly volatile
Selling General Administrative215.3 M334.8 M174.9 M
Slightly volatile
Total Revenue280.2 M425.2 M224.9 M
Slightly volatile
Gross Profit191.8 M290.1 M153.7 M
Slightly volatile
Other Operating Expenses342.4 M524.5 M276.8 M
Slightly volatile
Research Development41.9 M54.4 M35.3 M
Slightly volatile
Cost Of Revenue88.4 M135.1 M71.2 M
Slightly volatile
Total Operating Expenses253.9 M389.4 M205.6 M
Slightly volatile
Preferred Stock And Other Adjustments117.6 K132.3 K144.1 K
Slightly volatile
Tax Provision934.8 K1.3 M1.2 M
Pretty Stable
Interest Income13.3 M12.7 M4.2 M
Slightly volatile
Reconciled Depreciation8.2 M10.9 M5.2 M
Slightly volatile

Nevro Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation30.5 M56.9 M24.4 M
Slightly volatile
Begin Period Cash Flow127 M121 M46.4 M
Slightly volatile
Depreciation12.1 M11.5 M4.5 M
Slightly volatile
Other Non Cash Items7.1 M4.6 M5.7 M
Slightly volatile
Capital Expenditures5.5 M8.6 M4.3 M
Slightly volatile
End Period Cash Flow58.6 M104.8 M47.3 M
Slightly volatile
Change To Netincome37.1 M70.5 M28.1 M
Slightly volatile
Issuance Of Capital Stock6.2 M6.5 M19.8 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.731.82126.1717
Very volatile
PTB Ratio5.232.64145.6356
Slightly volatile
Days Sales Outstanding92.5368.142989.167
Slightly volatile
Book Value Per Share7.748.147127.799
Slightly volatile
Average Payables14.2 M16.6 M17.7 M
Slightly volatile
Stock Based Compensation To Revenue0.07680.13370.0902
Slightly volatile
Capex To Depreciation0.710.7451.9156
Pretty Stable
PB Ratio5.232.64145.6356
Slightly volatile
EV To Sales1.992.09786.2077
Pretty Stable
Inventory Turnover0.831.13850.9917
Slightly volatile
Days Of Inventory On Hand426321400
Slightly volatile
Payables Turnover3.645.99974.3972
Slightly volatile
Sales General And Administrative To Revenue0.90.790.8122
Slightly volatile
Research And Ddevelopement To Revenue0.120.1280.3691
Slightly volatile
Capex To Revenue0.0160.02020.0173
Pretty Stable
Cash Per Share8.528.969223.7799
Slightly volatile
Days Payables Outstanding11160.836100
Pretty Stable
Intangibles To Total Assets0.080.09280.1008
Slightly volatile
Current Ratio9.066.36798.4371
Slightly volatile
Tangible Book Value Per Share6.016.326227.5623
Slightly volatile
Receivables Turnover3.65.35644.2549
Slightly volatile
Graham Number20.5921.674677.6013
Slightly volatile
Shareholders Equity Per Share7.748.147127.799
Slightly volatile
Debt To Equity0.420.72140.411
Slightly volatile
Capex Per Share0.140.23880.1546
Slightly volatile
Graham Net Net2.612.752121.6898
Slightly volatile
Revenue Per Share14.7611.816515.2833
Slightly volatile
Interest Debt Per Share4.236.14.9821
Slightly volatile
Debt To Assets0.220.33270.2253
Slightly volatile
Short Term Coverage Ratios0.00560.00640.0069
Slightly volatile
Operating Cycle518389489
Slightly volatile
Price Book Value Ratio5.232.64145.6356
Slightly volatile
Days Of Payables Outstanding11160.836100
Pretty Stable
Company Equity Multiplier1.352.16861.5884
Slightly volatile
Long Term Debt To Capitalization0.250.41910.2503
Slightly volatile
Total Debt To Capitalization0.260.41910.2628
Slightly volatile
Debt Equity Ratio0.420.72140.411
Slightly volatile
Quick Ratio7.524.94456.9676
Slightly volatile
Net Income Per E B T1.090.94230.9966
Pretty Stable
Cash Ratio1.31.251.1773
Pretty Stable
Cash Conversion Cycle408328389
Slightly volatile
Days Of Inventory Outstanding426321400
Slightly volatile
Days Of Sales Outstanding92.5368.142989.167
Slightly volatile
Price To Book Ratio5.232.64145.6356
Slightly volatile
Fixed Asset Turnover12.0512.687262.4069
Slightly volatile
Debt Ratio0.220.33270.2253
Slightly volatile
Price Sales Ratio1.731.82126.1717
Very volatile
Asset Turnover0.430.66880.5095
Slightly volatile
Gross Profit Margin0.530.68220.6422
Slightly volatile
Price Fair Value5.232.64145.6356
Slightly volatile

Nevro Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.4 B774.3 M1.5 B
Slightly volatile
Enterprise Value1.5 B891.9 M1.6 B
Slightly volatile

Nevro Fundamental Market Drivers

Cash And Short Term Investments322.7 M

Nevro Upcoming Events

21st of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Nevro Corp Financial Statements

Nevro Corp investors utilize fundamental indicators, such as revenue or net income, to predict how Nevro Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue1.5 M1.4 M
Total Revenue425.2 M280.2 M
Cost Of Revenue135.1 M88.4 M
Stock Based Compensation To Revenue 0.13  0.08 
Sales General And Administrative To Revenue 0.79  0.90 
Research And Ddevelopement To Revenue 0.13  0.12 
Capex To Revenue 0.02  0.02 
Revenue Per Share 11.82  14.76 
Ebit Per Revenue(0.23)(0.25)

Pair Trading with Nevro Corp

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 Nevro Corp 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 Nevro Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Nevro Stock

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The ability to find closely correlated positions to Nevro Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nevro Corp 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 Nevro Corp - 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 Nevro Corp to buy it.
The correlation of Nevro Corp 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 Nevro Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nevro Corp 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 Nevro Corp 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 CorrelationCorrelation Matching
When determining whether Nevro Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nevro Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nevro Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nevro Corp Stock:
Check out the analysis of Nevro Corp Correlation against competitors.
To learn how to invest in Nevro Stock, please use our How to Invest in Nevro Corp guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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 Nevro Corp. If investors know Nevro 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 Nevro Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.87)
Revenue Per Share
11.404
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.09)
Return On Equity
(0.25)
The market value of Nevro Corp is measured differently than its book value, which is the value of Nevro that is recorded on the company's balance sheet. Investors also form their own opinion of Nevro Corp's value that differs from its market value or its book value, called intrinsic value, which is Nevro Corp's 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 Nevro Corp's market value can be influenced by many factors that don't directly affect Nevro Corp's 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 Nevro Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nevro Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nevro Corp's 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.