IINNW Stock | | | USD 0.35 0.24 40.68% |
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 Cash And Short Term Investments and its Net Invested Capital 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.
Cash And Short Term Investments vs Net Invested Capital
Cash And Short Term Investments vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inspira Technologies Oxy Cash And Short Term Investments account and
Net Invested Capital. At this time, the significance of the direction appears to have totally related.
The correlation between Inspira Technologies' Cash And Short Term Investments and Net Invested Capital is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Invested Capital 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' Cash And Short Term Investments and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Inspira Technologies Oxy are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash And Short Term Investments i.e., Inspira Technologies' Cash And Short Term Investments and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Inspira Technologies Oxy balance sheet. This account contains Inspira Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Inspira Technologies Oxy fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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
When running Inspira Technologies' price analysis, check to
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.