Insmed Interest Income vs Income Tax Expense Analysis
INSM Stock | USD 73.15 0.66 0.89% |
Insmed financial indicator trend analysis is infinitely more than just investigating Insmed Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Insmed Inc is a good investment. Please check the relationship between Insmed Interest Income and its Income Tax Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Insmed Inc. 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.
Interest Income vs Income Tax Expense
Interest Income vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insmed Inc Interest Income account and Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Insmed's Interest Income and Income Tax Expense is 0.02. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Insmed Inc, assuming nothing else is changed. The correlation between historical values of Insmed's Interest Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Insmed Inc are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Interest Income i.e., Insmed's Interest Income and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Income Tax Expense
Most indicators from Insmed's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Insmed Inc 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 Insmed Inc. 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. At this time, Insmed's Selling General Administrative is very stable compared to the past year. As of the 24th of November 2024, Tax Provision is likely to grow to about 2.7 M, while Issuance Of Capital Stock is likely to drop about 250.4 M.
Insmed fundamental ratios Correlations
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Insmed Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Insmed fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 742.3M | 796.2M | 1.2B | 1.7B | 1.3B | 1.4B | |
Other Current Liab | 280K | 50.8M | 79.1M | 131.7M | 149.6M | 157.1M | |
Total Current Liabilities | 85.2M | 118.8M | 135.2M | 190.2M | 225.6M | 236.9M | |
Total Stockholder Equity | 261.7M | 275.9M | 410.5M | 88.0M | (331.9M) | (315.3M) | |
Property Plant And Equipment Net | 113.1M | 97.2M | 95.5M | 102.1M | 104.4M | 109.6M | |
Net Debt | (90.4M) | (127.9M) | (104.5M) | 103.8M | 721.6M | 757.7M | |
Retained Earnings | (1.5B) | (1.8B) | (2.3B) | (2.7B) | (3.4B) | (3.3B) | |
Accounts Payable | 13.2M | 42.9M | 35.8M | 50.5M | 65.4M | 68.7M | |
Cash | 487.4M | 532.8M | 716.8M | 1.1B | 482.4M | 506.5M | |
Non Current Assets Total | 187.1M | 173.3M | 406.5M | 383.1M | 400.8M | 420.8M | |
Non Currrent Assets Other | 20.3M | 26.8M | 51.0M | 76.1M | 96.6M | 101.4M | |
Cash And Short Term Investments | 487.4M | 532.8M | 716.8M | 1.1B | 780.4M | 819.5M | |
Common Stock Total Equity | 897K | 1.0M | 1.2M | 1.4M | 1.6M | 804.3K | |
Common Stock Shares Outstanding | 84.6M | 97.6M | 112.1M | 123.0M | 140.4M | 147.5M | |
Liabilities And Stockholders Equity | 742.3M | 796.2M | 1.2B | 1.7B | 1.3B | 1.4B | |
Other Current Assets | 20.2M | 48.0M | 57.8M | 25.5M | 24.2M | 25.4M | |
Other Stockholder Equity | 1.8B | 2.1B | 2.7B | 2.8B | 3.1B | 3.3B | |
Total Liab | 480.6M | 520.3M | 833.0M | 1.6B | 1.7B | 1.7B | |
Property Plant And Equipment Gross | 113.1M | 97.2M | 95.5M | 102.1M | 149.0M | 156.5M | |
Total Current Assets | 555.2M | 622.9M | 837.0M | 1.3B | 929.1M | 975.5M | |
Accumulated Other Comprehensive Income | (10K) | 193K | 968K | 756K | (745K) | (782.3K) | |
Common Stock | 897K | 1.0M | 1.2M | 1.4M | 1.5M | 837.2K | |
Other Assets | 72.5M | 70.0M | 51.0M | 113.7M | 130.7M | 137.3M | |
Good Will | 58.7M | 53.7M | 49.3M | 136.1M | 156.5M | 164.4M | |
Non Current Liabilities Total | 395.4M | 401.5M | 697.9M | 1.4B | 1.4B | 1.5B | |
Intangible Assets | 53.7M | 49.3M | 73.8M | 68.8M | 63.7M | 61.3M | |
Property Plant Equipment | 60.2M | 54.0M | 53.0M | 56.5M | 65.0M | 68.2M | |
Net Receivables | 19.2M | 16.6M | 24.4M | 29.7M | 41.2M | 43.2M | |
Short Long Term Debt Total | 397.0M | 404.8M | 612.3M | 1.2B | 1.2B | 1.3B | |
Long Term Debt | 335.9M | 356.3M | 566.6M | 1.1B | 1.2B | 1.2B | |
Inventory | 28.3M | 49.6M | 67.0M | 69.9M | 83.2M | 87.4M | |
Net Tangible Assets | 208.0M | 226.6M | 200.5M | (116.9M) | (134.5M) | (127.7M) | |
Retained Earnings Total Equity | (1.5B) | (1.8B) | (2.3B) | (2.7B) | (2.4B) | (2.3B) | |
Capital Surpluse | 1.8B | 2.1B | 2.7B | 2.8B | 3.2B | 3.4B | |
Deferred Long Term Liab | 52.1M | 47.3M | 72.0M | 37.6M | 43.2M | 45.7M |
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Is Biotechnology 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 Insmed. If investors know Insmed 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 Insmed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.55) | Revenue Per Share 2.206 | Quarterly Revenue Growth 0.182 | Return On Assets (0.26) | Return On Equity (8.91) |
The market value of Insmed Inc is measured differently than its book value, which is the value of Insmed that is recorded on the company's balance sheet. Investors also form their own opinion of Insmed's value that differs from its market value or its book value, called intrinsic value, which is Insmed'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 Insmed's market value can be influenced by many factors that don't directly affect Insmed'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 Insmed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Insmed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Insmed'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.