Insperity Historical Balance Sheet
NSP Stock | USD 76.09 2.25 3.05% |
Trend analysis of Insperity balance sheet accounts such as Total Current Liabilities of 1.5 B provides information on Insperity's total assets, liabilities, and equity, which is the actual value of Insperity to its prevalent stockholders. By breaking down trends over time using Insperity balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Insperity 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 Insperity is a good buy for the upcoming year.
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About Insperity Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Insperity at a specified time, usually calculated after every quarter, six months, or one year. Insperity Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Insperity and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Insperity currently owns. An asset can also be divided into two categories, current and non-current.
Insperity Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Insperity assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Insperity books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Insperity balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Insperity are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most accounts from Insperity's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Insperity current financial condition. On the other hand, looking into the entire matrix of balance sheet 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Insperity. 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. To learn how to invest in Insperity Stock, please use our How to Invest in Insperity guide.At this time, Insperity's Accounts Payable is relatively stable compared to the past year. As of 11/23/2024, Cash is likely to grow to about 727.5 M, while Short Term Debt is likely to drop slightly above 19.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 433.6M | 425.0M | 426.9M | 448.2M | Total Assets | 1.8B | 2.0B | 2.1B | 2.2B |
Insperity balance sheet Correlations
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Insperity Account Relationship Matchups
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Insperity balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.6B | 1.8B | 2.0B | 2.1B | 2.2B | |
Short Long Term Debt Total | 328.3M | 433.7M | 433.6M | 425.0M | 426.9M | 448.2M | |
Other Current Liab | 864.5M | 520.8M | 654.3M | 789.6M | 859.2M | 902.2M | |
Total Current Liabilities | 869.0M | 904.9M | 1.1B | 1.4B | 1.4B | 1.5B | |
Total Stockholder Equity | 4.1M | 44.1M | (1.8M) | 81.3M | 93.6M | 139.3M | |
Property Plant And Equipment Net | 204.6M | 276.9M | 273.6M | 256.5M | 254.9M | 267.6M | |
Net Debt | (39.1M) | (121.2M) | (142.2M) | (307.8M) | (266.0M) | (252.7M) | |
Retained Earnings | 499.5M | 575.0M | 553.6M | 655.2M | 738.6M | 775.5M | |
Accounts Payable | 4.6M | 6.2M | 6.4M | 7.7M | 10.7M | 11.2M | |
Cash | 367.3M | 554.8M | 575.8M | 732.8M | 692.9M | 727.5M | |
Non Current Assets Total | 420.3M | 507.0M | 508.2M | 527.4M | 524.4M | 550.6M | |
Non Currrent Assets Other | 6.0M | 4.5M | 15.2M | 46.3M | 256.8M | 269.6M | |
Cash And Short Term Investments | 402.1M | 589.4M | 607.6M | 765.9M | 708.8M | 744.2M | |
Net Receivables | 469.5M | 392.7M | 525.7M | 622.8M | 693.9M | 728.6M | |
Common Stock Shares Outstanding | 40.4M | 38.8M | 38.9M | 38.6M | 38.3M | 39.2M | |
Liabilities And Stockholders Equity | 1.4B | 1.6B | 1.8B | 2.0B | 2.1B | 2.2B | |
Non Current Liabilities Total | 521.9M | 635.2M | 626.3M | 604.6M | 589.7M | 619.2M | |
Other Current Assets | 43.5M | 95.1M | 111.5M | 123.2M | 192.6M | 202.3M | |
Other Stockholder Equity | (496.0M) | (531.5M) | (555.9M) | (574.4M) | (645.5M) | (613.2M) | |
Total Liab | 1.4B | 1.5B | 1.8B | 2.0B | 2.0B | 2.1B | |
Property Plant And Equipment Gross | 204.6M | 276.9M | 273.6M | 256.5M | 615.3M | 646.1M | |
Total Current Assets | 974.7M | 1.1B | 1.2B | 1.5B | 1.6B | 1.7B | |
Accumulated Other Comprehensive Income | (9K) | 12K | 5K | (82K) | 9K | 9.5K | |
Short Term Debt | 15.1M | 16.5M | 19.2M | 19.9M | 19.8M | 19.7M | |
Intangible Assets | 19.6M | 25.8M | 7K | 46.4M | 12.7M | 10.0M | |
Short Term Investments | 34.7M | 34.5M | 31.8M | 33.1M | 15.9M | 26.7M | |
Inventory | 59.7M | 55.7M | 58.2M | 61.5M | 1.0 | 0.95 | |
Other Assets | 202.9M | 278.0M | 222.0M | 258.2M | 296.9M | 311.7M | |
Treasury Stock | (544.1M) | (627.0M) | (665.1M) | (725.5M) | (653.0M) | (620.3M) | |
Property Plant Equipment | 147.7M | 216.3M | 210.7M | 200.0M | 230.0M | 241.5M | |
Other Liab | 193.6M | 201.5M | 192.7M | 179.6M | 206.6M | 109.0M | |
Net Tangible Assets | (8.6M) | 31.4M | (14.5M) | 68.6M | 61.7M | 82.2M | |
Retained Earnings Total Equity | 499.5M | 575.0M | 553.6M | 655.2M | 753.5M | 791.1M | |
Capital Surpluse | 48.1M | 95.5M | 109.2M | 151.1M | 136.0M | 74.9M |
Pair Trading with Insperity
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 Insperity 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 Insperity will appreciate offsetting losses from the drop in the long position's value.Moving together with Insperity Stock
Moving against Insperity Stock
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0.74 | PYCR | Paycor HCM | PairCorr |
0.7 | DRVN | Driven Brands Holdings | PairCorr |
The ability to find closely correlated positions to Insperity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Insperity 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 Insperity - 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 Insperity to buy it.
The correlation of Insperity 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 Insperity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Insperity 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 Insperity 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 Insperity Stock Analysis
When running Insperity's price analysis, check to measure Insperity'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 Insperity is operating at the current time. Most of Insperity's value examination focuses on studying past and present price action to predict the probability of Insperity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Insperity's price. Additionally, you may evaluate how the addition of Insperity to your portfolios can decrease your overall portfolio volatility.