InspireMD Common Stock Shares Outstanding vs Short Term Debt Analysis

NSPR Stock  USD 2.94  0.02  0.68%   
InspireMD financial indicator trend analysis is infinitely more than just investigating InspireMD recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InspireMD is a good investment. Please check the relationship between InspireMD Common Stock Shares Outstanding and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in InspireMD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in InspireMD Stock, please use our How to Invest in InspireMD guide.

Common Stock Shares Outstanding vs Short Term Debt

Common Stock Shares Outstanding vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InspireMD Common Stock Shares Outstanding account and Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between InspireMD's Common Stock Shares Outstanding and Short Term Debt is -0.18. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of InspireMD, assuming nothing else is changed. The correlation between historical values of InspireMD's Common Stock Shares Outstanding and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of InspireMD are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock Shares Outstanding i.e., InspireMD's Common Stock Shares Outstanding and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Short Term Debt

Most indicators from InspireMD's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InspireMD 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in InspireMD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in InspireMD Stock, please use our How to Invest in InspireMD guide.At this time, InspireMD's Tax Provision is relatively stable compared to the past year. As of 11/29/2024, Sales General And Administrative To Revenue is likely to grow to 2.31, while Issuance Of Capital Stock is likely to drop slightly above 27.4 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue3.7M4.1M4.4M3.1M
Research Development5.2M7.8M8.0M4.3M

InspireMD fundamental ratios Correlations

0.590.110.97-0.57-0.570.340.970.180.920.490.081.0-0.35-0.120.640.170.260.050.260.88-0.280.610.82-0.360.21
0.590.430.48-0.1-0.260.290.510.420.50.350.490.58-0.080.230.790.470.40.380.680.54-0.150.580.59-0.030.25
0.110.43-0.070.43-0.10.020.14-0.210.120.110.70.11-0.480.70.370.520.010.460.220.090.780.270.050.150.43
0.970.48-0.07-0.66-0.630.270.960.150.910.56-0.140.97-0.34-0.330.58-0.010.22-0.130.170.89-0.40.610.83-0.450.14
-0.57-0.10.43-0.660.47-0.57-0.64-0.13-0.43-0.490.36-0.590.10.46-0.37-0.03-0.290.070.01-0.460.58-0.42-0.470.53-0.17
-0.57-0.26-0.1-0.630.470.12-0.680.35-0.65-0.940.35-0.550.670.42-0.660.030.290.270.3-0.740.06-0.85-0.790.910.01
0.340.290.020.27-0.570.120.330.260.03-0.040.450.370.050.360.270.490.410.550.260.02-0.240.120.020.050.49
0.970.510.140.96-0.64-0.680.330.040.90.60.020.97-0.47-0.140.680.230.260.080.140.87-0.210.680.8-0.490.28
0.180.42-0.210.15-0.130.350.260.040.0-0.260.130.170.6-0.080.160.080.540.120.810.05-0.46-0.10.150.440.01
0.920.50.120.91-0.43-0.650.030.90.00.52-0.050.91-0.37-0.210.550.010.11-0.110.170.97-0.180.560.83-0.410.06
0.490.350.110.56-0.49-0.94-0.040.6-0.260.52-0.340.47-0.65-0.450.720.01-0.18-0.25-0.20.61-0.120.910.71-0.860.07
0.080.490.7-0.140.360.350.450.020.13-0.05-0.340.10.00.950.250.760.280.850.42-0.090.45-0.03-0.140.450.46
1.00.580.110.97-0.59-0.550.370.970.170.910.470.1-0.35-0.090.620.180.290.080.250.86-0.280.590.79-0.340.26
-0.35-0.08-0.48-0.340.10.670.05-0.470.6-0.37-0.650.0-0.35-0.02-0.41-0.070.330.090.46-0.35-0.42-0.6-0.380.56-0.26
-0.120.230.7-0.330.460.420.36-0.14-0.08-0.21-0.450.95-0.09-0.020.030.690.140.820.21-0.270.6-0.2-0.340.480.45
0.640.790.370.58-0.37-0.660.270.680.160.550.720.250.62-0.410.030.520.270.330.320.67-0.090.870.79-0.490.28
0.170.470.52-0.01-0.030.030.490.230.080.010.010.760.18-0.070.690.520.450.950.310.030.310.280.040.040.48
0.260.40.010.22-0.290.290.410.260.540.11-0.180.280.290.330.140.270.450.490.710.08-0.35-0.090.050.410.53
0.050.380.46-0.130.070.270.550.080.12-0.11-0.250.850.080.090.820.330.950.490.35-0.110.270.01-0.130.260.51
0.260.680.220.170.010.30.260.140.810.17-0.20.420.250.460.210.320.310.710.350.18-0.22-0.040.170.520.3
0.880.540.090.89-0.46-0.740.020.870.050.970.61-0.090.86-0.35-0.270.670.030.08-0.110.18-0.220.660.93-0.510.0
-0.28-0.150.78-0.40.580.06-0.24-0.21-0.46-0.18-0.120.45-0.28-0.420.6-0.090.31-0.350.27-0.22-0.22-0.02-0.30.140.07
0.610.580.270.61-0.42-0.850.120.68-0.10.560.91-0.030.59-0.6-0.20.870.28-0.090.01-0.040.66-0.020.78-0.730.05
0.820.590.050.83-0.47-0.790.020.80.150.830.71-0.140.79-0.38-0.340.790.040.05-0.130.170.93-0.30.78-0.59-0.05
-0.36-0.030.15-0.450.530.910.05-0.490.44-0.41-0.860.45-0.340.560.48-0.490.040.410.260.52-0.510.14-0.73-0.590.12
0.210.250.430.14-0.170.010.490.280.010.060.070.460.26-0.260.450.280.480.530.510.30.00.070.05-0.050.12
Click cells to compare fundamentals

InspireMD Account Relationship Matchups

InspireMD fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9M17.8M39.7M24.7M47.6M50.0M
Other Current Liab2.1M3.1M3.0M4.0M4.5M2.7M
Total Current Liabilities3.1M3.7M4.3M5.1M6.0M4.2M
Total Stockholder Equity5.4M12.2M33.5M17.4M39.5M41.5M
Net Debt(4.9M)(11.6M)(10.8M)(3.0M)(9.6M)(9.2M)
Retained Earnings(157.6M)(168.2M)(183.1M)(201.6M)(221.5M)(210.4M)
Cash5.5M12.6M12.0M4.6M9.6M7.6M
Cash And Short Term Investments5.5M12.6M34.0M17.8M39.0M41.0M
Common Stock Shares Outstanding139.3K1.5M7.3M7.9M24.3M25.5M
Liabilities And Stockholders Equity9.9M17.8M39.7M24.7M47.6M50.0M
Other Stockholder Equity163.0M180.3M216.6M219.0M261M138.1M
Total Liab4.5M5.6M6.2M7.3M8.1M6.9M
Total Current Assets7.8M15.3M37.1M21.3M44.2M46.4M
Non Current Assets Total2.1M2.4M2.6M3.3M3.5M2.0M
Non Currrent Assets Other586K725K905K856K951K654.2K
Net Receivables973K945K1.4M1.2M1.8M1.0M
Non Current Liabilities Total1.4M1.9M1.8M2.2M2.1M2.1M
Inventory1.2M1.4M1.1M1.6M2.1M1.2M
Property Plant And Equipment Gross421K1.5M1.7M2.5M4.6M4.8M
Other Liab729K910K1.1M995K1.1M738.6K
Property Plant And Equipment Net421K1.5M1.7M2.5M2.5M2.7M
Accounts Payable646K236K893K659K939K570.7K
Other Assets586K725K905K856K984.4K506K
Retained Earnings Total Equity(140.4M)(147.6M)(157.6M)(168.2M)(151.4M)(158.9M)
Other Current Assets87K334K522K655K3.0M3.2M
Property Plant Equipment547K448K1.7M2.5M2.8M3.0M
Net Tangible Assets5.4M12.2M33.5M17.4M20.0M21.0M
Capital Surpluse143.1M156.4M163.0M180.3M207.4M157.7M
Non Current Liabilities Other624K605K1.4M1.9M2.2M2.3M
Net Invested Capital5.4M12.2M33.5M17.4M39.5M41.5M

Pair Trading with InspireMD

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 InspireMD 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 InspireMD will appreciate offsetting losses from the drop in the long position's value.

Moving against InspireMD Stock

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The ability to find closely correlated positions to InspireMD could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace InspireMD 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 InspireMD - 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 InspireMD to buy it.
The correlation of InspireMD 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 InspireMD moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if InspireMD 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 InspireMD 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.
Pair CorrelationCorrelation Matching

Additional Tools for InspireMD Stock Analysis

When running InspireMD's price analysis, check to measure InspireMD'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 InspireMD is operating at the current time. Most of InspireMD's value examination focuses on studying past and present price action to predict the probability of InspireMD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InspireMD's price. Additionally, you may evaluate how the addition of InspireMD to your portfolios can decrease your overall portfolio volatility.