Inspire Historical Financial Ratios
| IVP Stock | 0.22 0.01 4.76% |
Inspire Veterinary is lately reporting on over 86 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 4.43 or Invested Capital of 0.0 will help investors to properly organize and evaluate Inspire Veterinary financial condition quickly.
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About Inspire Financial Ratios Analysis
Inspire VeterinaryFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Inspire Veterinary investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Inspire financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Inspire Veterinary history.
Inspire Veterinary Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Inspire Veterinary stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Inspire Veterinary sales, a figure that is much harder to manipulate than other Inspire Veterinary Partners, multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Inspire Veterinary Partners, dividend as a percentage of Inspire Veterinary stock price. Inspire Veterinary dividend yield is a measure of Inspire Veterinary stock productivity, which can be interpreted as interest rate earned on an Inspire Veterinary investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Net Debt To E B I T D A
A leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA).Most ratios from Inspire Veterinary's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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 ROE is relatively stable compared to the past year. As of 12/01/2024, Graham Number is likely to grow to 254.13, though Free Cash Flow Yield is likely to grow to (1.73).
| 2010 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 38.31 | 7.15 | 4.09 | 3.89 | Days Of Inventory On Hand | 8.7 | 29.14 | 15.9 | 14.33 |
Inspire Veterinary fundamentals 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
| 0.76 | ELMD | Electromed | PairCorr |
| 0.67 | ECOR | Electrocore LLC | PairCorr |
| 0.66 | MD | Mednax Inc | PairCorr |
| 0.63 | DOCS | Doximity | PairCorr |
| 0.49 | 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.