Insmed Total Other Income Expense Net vs Tax Provision 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 Total Other Income Expense Net and its Tax Provision 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.
Total Other Income Expense Net vs Tax Provision
Total Other Income Expense Net vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insmed Inc Total Other Income Expense Net account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Insmed's Total Other Income Expense Net and Tax Provision is -0.13. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Tax Provision 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 Total Other Income Expense Net and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Insmed Inc are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Other Income Expense Net i.e., Insmed's Total Other Income Expense Net and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Other Income Expense Net
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.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.