Inspire Historical Income Statement
| IVP Stock | 0.21 0.01 5.00% |
Historical analysis of Inspire Veterinary income statement accounts such as Other Operating Expenses of 25.1 M or Total Operating Expenses of 11.3 M can show how well Inspire Veterinary Partners, performed in making a profits. Evaluating Inspire Veterinary income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Inspire Veterinary's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Inspire Veterinary latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Inspire Veterinary is a good buy for the upcoming year.
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About Inspire Income Statement Analysis
Inspire Veterinary Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Inspire Veterinary shareholders. The income statement also shows Inspire investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Inspire Veterinary Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Inspire Veterinary. It is also known as Inspire Veterinary overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Inspire Veterinary financial statement analysis. It represents the amount of money remaining after all of Inspire Veterinary Partners, operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Inspire Veterinary's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Inspire Veterinary current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Inspire Veterinary Partners,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At this time, Inspire Veterinary's Depreciation And Amortization is relatively stable compared to the past year. As of 11/29/2024, Selling General Administrative is likely to grow to about 10 M, though Net Loss is likely to grow to (14.1 M).
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 194.8K | 1.4M | 2.5M | 1.5M | Interest Income | 161.0 | 1.0K | 20.0 | 19.0 |
Inspire Veterinary income statement Correlations
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Inspire Veterinary Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Inspire Veterinary
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 Inspire Veterinary 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 Inspire Veterinary will appreciate offsetting losses from the drop in the long position's value.Moving together with Inspire Stock
Moving against Inspire Stock
| 0.75 | ELMD | Electromed | PairCorr |
| 0.65 | ECOR | Electrocore LLC | PairCorr |
| 0.62 | MD | Mednax Inc | PairCorr |
| 0.61 | DOCS | Doximity Sell-off Trend | PairCorr |
| 0.41 | OM | Outset Medical | PairCorr |
The ability to find closely correlated positions to Inspire Veterinary could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inspire Veterinary 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 Inspire Veterinary - 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 Inspire Veterinary Partners, to buy it.
The correlation of Inspire Veterinary 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 Inspire Veterinary moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inspire Veterinary 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 Inspire Veterinary 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.Additional Tools for Inspire Stock Analysis
When running Inspire Veterinary's price analysis, check to measure Inspire Veterinary's 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 Inspire Veterinary is operating at the current time. Most of Inspire Veterinary's value examination focuses on studying past and present price action to predict the probability of Inspire Veterinary's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inspire Veterinary's price. Additionally, you may evaluate how the addition of Inspire Veterinary to your portfolios can decrease your overall portfolio volatility.