InspireMD Net Profit Margin vs Operating Profit Margin Analysis
NSPR Stock | USD 3.17 0.03 0.96% |
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 Net Profit Margin and its Operating Profit Margin 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.
Net Profit Margin vs Operating Profit Margin
Net Profit Margin vs Operating Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InspireMD Net Profit Margin account and Operating Profit Margin. At this time, the significance of the direction appears to have very strong relationship.
The correlation between InspireMD's Net Profit Margin and Operating Profit Margin is 0.84. Overlapping area represents the amount of variation of Net Profit Margin that can explain the historical movement of Operating Profit Margin in the same time period over historical financial statements of InspireMD, assuming nothing else is changed. The correlation between historical values of InspireMD's Net Profit Margin and Operating Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Profit Margin of InspireMD are associated (or correlated) with its Operating Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Profit Margin has no effect on the direction of Net Profit Margin i.e., InspireMD's Net Profit Margin and Operating Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.Operating Profit Margin
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 12/11/2024, 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 Revenue | 3.7M | 4.1M | 4.4M | 3.1M | Research Development | 5.2M | 7.8M | 8.0M | 4.3M |
InspireMD fundamental ratios Correlations
Click cells to compare fundamentals
InspireMD Account Relationship Matchups
High Positive Relationship
High Negative Relationship
InspireMD fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.9M | 17.8M | 39.7M | 24.7M | 47.6M | 50.0M | |
Other Current Liab | 2.1M | 3.1M | 3.0M | 4.0M | 4.5M | 2.7M | |
Total Current Liabilities | 3.1M | 3.7M | 4.3M | 5.1M | 6.0M | 4.2M | |
Total Stockholder Equity | 5.4M | 12.2M | 33.5M | 17.4M | 39.5M | 41.5M | |
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) | |
Cash | 5.5M | 12.6M | 12.0M | 4.6M | 9.6M | 7.6M | |
Cash And Short Term Investments | 5.5M | 12.6M | 34.0M | 17.8M | 39.0M | 41.0M | |
Common Stock Shares Outstanding | 139.3K | 1.5M | 7.3M | 7.9M | 24.3M | 25.5M | |
Liabilities And Stockholders Equity | 9.9M | 17.8M | 39.7M | 24.7M | 47.6M | 50.0M | |
Other Stockholder Equity | 163.0M | 180.3M | 216.6M | 219.0M | 261M | 138.1M | |
Total Liab | 4.5M | 5.6M | 6.2M | 7.3M | 8.1M | 6.9M | |
Total Current Assets | 7.8M | 15.3M | 37.1M | 21.3M | 44.2M | 46.4M | |
Non Current Assets Total | 2.1M | 2.4M | 2.6M | 3.3M | 3.5M | 2.0M | |
Non Currrent Assets Other | 586K | 725K | 905K | 856K | 951K | 654.2K | |
Net Receivables | 973K | 945K | 1.4M | 1.2M | 1.8M | 1.0M | |
Non Current Liabilities Total | 1.4M | 1.9M | 1.8M | 2.2M | 2.1M | 2.1M | |
Inventory | 1.2M | 1.4M | 1.1M | 1.6M | 2.1M | 1.2M | |
Property Plant And Equipment Gross | 421K | 1.5M | 1.7M | 2.5M | 4.6M | 4.8M | |
Other Liab | 729K | 910K | 1.1M | 995K | 1.1M | 738.6K | |
Property Plant And Equipment Net | 421K | 1.5M | 1.7M | 2.5M | 2.5M | 2.7M | |
Accounts Payable | 646K | 236K | 893K | 659K | 939K | 570.7K | |
Other Assets | 586K | 725K | 905K | 856K | 984.4K | 506K | |
Retained Earnings Total Equity | (140.4M) | (147.6M) | (157.6M) | (168.2M) | (151.4M) | (158.9M) | |
Other Current Assets | 87K | 334K | 522K | 655K | 3.0M | 3.2M | |
Property Plant Equipment | 547K | 448K | 1.7M | 2.5M | 2.8M | 3.0M | |
Net Tangible Assets | 5.4M | 12.2M | 33.5M | 17.4M | 20.0M | 21.0M | |
Capital Surpluse | 143.1M | 156.4M | 163.0M | 180.3M | 207.4M | 157.7M | |
Non Current Liabilities Other | 624K | 605K | 1.4M | 1.9M | 2.2M | 2.3M | |
Net Invested Capital | 5.4M | 12.2M | 33.5M | 17.4M | 39.5M | 41.5M |
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 together with InspireMD Stock
Moving against InspireMD Stock
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.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.