InMode Net Income vs Stock Based Compensation Analysis
| INMD Stock | USD 19.52 0.50 2.63% |
InMode financial indicator trend analysis is infinitely more than just investigating InMode recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InMode is a good investment. Please check the relationship between InMode Net Income and its Stock Based Compensation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InMode. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade InMode Stock refer to our How to Trade InMode Stock guide.
Net Income vs Stock Based Compensation
Net Income vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InMode Net Income account and Stock Based Compensation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between InMode's Net Income and Stock Based Compensation is 0.86. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of InMode, assuming nothing else is changed. The correlation between historical values of InMode's Net Income and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of InMode are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Income i.e., InMode's Net Income and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.86 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in InMode financial statement analysis. It represents the amount of money remaining after all of InMode operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most indicators from InMode's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InMode 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 InMode. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade InMode Stock refer to our How to Trade InMode Stock guide.The current year's Tax Provision is expected to grow to about 20.3 M, whereas Selling General Administrative is forecasted to decline to about 8.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 525K | 3.6M | 21.6M | 22.7M | Tax Provision | 2.9M | 39.9M | 19.3M | 20.3M |
InMode fundamental ratios Correlations
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InMode Account Relationship Matchups
High Positive Relationship
High Negative Relationship
InMode fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 218.4M | 295.8M | 478.5M | 644.4M | 863.3M | 906.5M | |
| Other Current Liab | 12.5M | 15.1M | 26.8M | 31.3M | 34.9M | 20.4M | |
| Total Current Liabilities | 32.5M | 35.0M | 51.9M | 82.0M | 64.1M | 43.4M | |
| Total Stockholder Equity | 179.8M | 255.5M | 415.8M | 554.6M | 787.4M | 826.7M | |
| Other Liab | 5.3M | 4.9M | 7.6M | 4.3M | 4.9M | 4.8M | |
| Net Tangible Assets | 176.1M | 254.0M | 415.8M | 554.6M | 637.8M | 669.7M | |
| Retained Earnings | 94.0M | 169.0M | 334.0M | 495.5M | 693.4M | 728.1M | |
| Accounts Payable | 3.7M | 6.4M | 8.8M | 16.2M | 14.0M | 8.0M | |
| Cash | 44.7M | 68.9M | 68.1M | 97.5M | 144.4M | 151.6M | |
| Other Assets | 2.3M | 3.4M | 2.1M | 7.1M | 8.1M | 8.5M | |
| Net Receivables | 10.4M | 14.1M | 20.2M | 28.3M | 43.6M | 45.8M | |
| Common Stock Shares Outstanding | 76.1M | 84.2M | 86.0M | 85.4M | 86.0M | 79.1M | |
| Short Term Investments | 148.6M | 191.6M | 347.8M | 449.8M | 597.2M | 627.1M | |
| Inventory | 9.4M | 15.0M | 21.0M | 39.9M | 45.1M | 47.3M | |
| Other Stockholder Equity | 85.6M | 84.5M | 82.9M | 66.4M | 95.4M | 59.5M | |
| Total Liab | 38.6M | 40.3M | 62.7M | 89.8M | 75.9M | 51.0M | |
| Total Current Assets | 213.2M | 289.6M | 470.1M | 629.4M | 845.3M | 887.6M | |
| Common Stock | 93K | 108K | 239K | 241K | 245K | 153.3K | |
| Property Plant Equipment | 2.3M | 2.1M | 5.7M | 7.4M | 8.5M | 8.9M | |
| Property Plant And Equipment Net | 2.3M | 2.1M | 5.7M | 7.4M | 12.1M | 12.7M | |
| Current Deferred Revenue | 15.6M | 11.9M | 13.8M | 13.8M | 10.9M | 11.5M | |
| Net Debt | (44.0M) | (68.6M) | (64.8M) | (92.6M) | (135.4M) | (128.6M) | |
| Non Current Assets Total | 5.2M | 6.2M | 8.4M | 15.0M | 18.0M | 9.2M | |
| Non Currrent Assets Other | 374K | 3.4M | 768K | 4.0M | 3.7M | 2.3M | |
| Cash And Short Term Investments | 193.4M | 260.5M | 415.9M | 547.4M | 741.6M | 778.7M | |
| Liabilities And Stockholders Equity | 218.4M | 295.8M | 478.5M | 644.4M | 863.3M | 906.5M | |
| Non Current Liabilities Total | 6.1M | 5.3M | 10.9M | 7.8M | 11.8M | 8.7M | |
| Net Invested Capital | 176.1M | 254.0M | 415.8M | 554.6M | 787.4M | 826.7M | |
| Property Plant And Equipment Gross | 2.3M | 2.1M | 5.7M | 7.4M | 15.5M | 16.3M | |
| Accumulated Other Comprehensive Income | 124K | 356K | (1.3M) | (7.5M) | (1.7M) | (1.8M) | |
| Net Working Capital | 180.7M | 254.6M | 418.3M | 547.4M | 781.2M | 820.3M | |
| Short Term Debt | 672K | 880K | 1.2M | 1.5M | 2.4M | 1.6M | |
| Capital Stock | 93K | 108K | 239K | 241K | 245K | 183.3K | |
| Non Current Liabilities Other | 1.5M | 2.9M | 4.8M | 303K | 1.4M | 2.1M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether InMode is a strong investment it is important to analyze InMode's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact InMode's future performance. For an informed investment choice regarding InMode Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InMode. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade InMode Stock refer to our How to Trade InMode Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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 InMode. If investors know InMode 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 InMode listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.204 | Earnings Share 1.83 | Revenue Per Share 5.148 | Quarterly Revenue Growth 0.058 | Return On Assets 0.105 |
The market value of InMode is measured differently than its book value, which is the value of InMode that is recorded on the company's balance sheet. Investors also form their own opinion of InMode's value that differs from its market value or its book value, called intrinsic value, which is InMode'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 InMode's market value can be influenced by many factors that don't directly affect InMode'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 InMode's value and its price as these two are different measures arrived at by different means. Investors typically determine if InMode is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InMode'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.