Inogen Net Tangible Assets vs Total Assets Analysis

INGN Stock  USD 8.81  0.14  1.56%   
Inogen financial indicator trend analysis is infinitely more than just investigating Inogen Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inogen Inc is a good investment. Please check the relationship between Inogen Net Tangible Assets and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inogen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Net Tangible Assets vs Total Assets

Net Tangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inogen Inc Net Tangible Assets account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Inogen's Net Tangible Assets and Total Assets is 0.89. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Inogen Inc, assuming nothing else is changed. The correlation between historical values of Inogen's Net Tangible Assets and Total Assets 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 Tangible Assets of Inogen Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Tangible Assets i.e., Inogen's Net Tangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Assets

Total assets refers to the total amount of Inogen 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 Inogen Inc 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.
Most indicators from Inogen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inogen Inc 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inogen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
As of the 17th of May 2024, Selling General Administrative is likely to grow to about 79 M, while Tax Provision is likely to drop about 740 K.
 2021 2022 2023 2024 (projected)
Gross Profit176.5M153.5M136.5M117.0M
Total Revenue358.0M377.2M315.7M250.3M

Inogen fundamental ratios Correlations

0.460.490.910.990.60.9-0.980.710.710.990.910.830.970.780.830.90.880.970.860.930.920.490.980.160.73
0.460.440.680.370.790.72-0.330.020.170.420.520.530.350.390.220.40.670.490.790.480.690.740.41-0.020.33
0.490.440.650.450.580.58-0.41-0.18-0.210.460.420.490.460.540.590.720.460.470.440.630.570.830.490.250.25
0.910.680.650.850.820.98-0.820.410.50.870.860.850.820.820.780.870.90.890.90.920.980.710.870.10.63
0.990.370.450.850.530.85-0.990.760.740.990.870.780.990.770.840.890.820.960.810.910.860.410.990.220.7
0.60.790.580.820.530.86-0.460.020.180.540.670.570.460.630.60.630.70.590.810.690.780.860.54-0.190.36
0.90.720.580.980.850.86-0.820.430.540.870.870.790.810.80.770.830.910.890.950.90.970.720.870.00.62
-0.98-0.33-0.41-0.82-0.99-0.46-0.82-0.79-0.76-0.99-0.82-0.74-1.0-0.76-0.83-0.87-0.78-0.94-0.77-0.9-0.82-0.34-0.99-0.28-0.66
0.710.02-0.180.410.760.020.43-0.790.90.750.590.50.770.360.470.460.510.670.480.520.47-0.230.720.240.59
0.710.17-0.210.50.740.180.54-0.760.90.740.580.50.730.540.440.450.550.720.560.530.54-0.110.730.180.47
0.990.420.460.870.990.540.87-0.990.750.740.850.770.990.770.820.880.830.960.830.910.870.430.990.250.68
0.910.520.420.860.870.670.87-0.820.590.580.850.870.80.590.690.740.960.850.880.80.930.530.82-0.170.9
0.830.530.490.850.780.570.79-0.740.50.50.770.870.730.610.570.720.870.840.740.740.890.490.760.080.78
0.970.350.460.820.990.460.81-1.00.770.730.990.80.730.750.830.880.770.940.770.90.820.360.990.340.63
0.780.390.540.820.770.630.8-0.760.360.540.770.590.610.750.830.870.60.840.620.870.730.540.820.250.26
0.830.220.590.780.840.60.77-0.830.470.440.820.690.570.830.830.910.620.790.620.920.720.480.850.140.45
0.90.40.720.870.890.630.83-0.870.460.450.880.740.720.880.870.910.710.880.690.970.810.610.910.30.5
0.880.670.460.90.820.70.91-0.780.510.550.830.960.870.770.60.620.710.850.930.80.980.580.8-0.130.87
0.970.490.470.890.960.590.89-0.940.670.720.960.850.840.940.840.790.880.850.820.910.890.490.970.20.65
0.860.790.440.90.810.810.95-0.770.480.560.830.880.740.770.620.620.690.930.820.790.930.670.8-0.090.69
0.930.480.630.920.910.690.9-0.90.520.530.910.80.740.90.870.920.970.80.910.790.890.580.930.20.57
0.920.690.570.980.860.780.97-0.820.470.540.870.930.890.820.730.720.810.980.890.930.890.660.86-0.020.77
0.490.740.830.710.410.860.72-0.34-0.23-0.110.430.530.490.360.540.480.610.580.490.670.580.660.44-0.110.27
0.980.410.490.870.990.540.87-0.990.720.730.990.820.760.990.820.850.910.80.970.80.930.860.440.30.62
0.16-0.020.250.10.22-0.190.0-0.280.240.180.25-0.170.080.340.250.140.3-0.130.2-0.090.2-0.02-0.110.3-0.25
0.730.330.250.630.70.360.62-0.660.590.470.680.90.780.630.260.450.50.870.650.690.570.770.270.62-0.25
Click cells to compare fundamentals

Inogen Account Relationship Matchups

Inogen fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets447.3M461.9M489.5M405.0M326.2M292.0M
Other Current Liab12.0M14.1M23.9M19.0M60.9M63.9M
Total Current Liabilities50.2M56.7M61.5M65.3M72.5M41.7M
Total Stockholder Equity344.6M349.6M370.2M297.4M204.8M222.6M
Property Plant And Equipment Net25.3M37.1M63.8M64.9M70.7M38.5M
Current Deferred Revenue5.5M7.0M8.6M8.9M8.0M4.7M
Net Debt(191.3M)(202.0M)(208.9M)(163.7M)(103.6M)(108.7M)
Retained Earnings81.4M75.6M69.3M(14.5M)(116.9M)(111.1M)
Accounts Payable30.7M33.7M25.7M34.0M27K25.7K
Cash198.0M212.0M235.5M187.0M125.5M130.8M
Non Current Assets Total155.1M156.2M160.3M100.4M119.1M87.1M
Non Currrent Assets Other4.9M2.7M3.4M2.4M3.8M2.0M
Cash And Short Term Investments209.1M231.2M245.5M187.0M128.5M144.0M
Net Receivables37.3M31.8M25.8M64.4M42.2M31.3M
Common Stock Shares Outstanding22.2M22.0M22.5M22.9M23.2M22.7M
Liabilities And Stockholders Equity447.3M461.9M489.5M405.0M326.2M292.0M
Non Current Liabilities Total52.5M55.5M57.8M42.3M48.9M27.6M
Inventory35.7M24.8M31.9M34.1M21.8M19.9M
Other Current Assets10.2M17.9M26.0M19.2M14.5M8.7M
Other Stockholder Equity263.3M273.5M299.5M312.1M320.5M203.3M
Total Liab102.7M112.2M119.3M107.6M121.4M69.4M
Property Plant And Equipment Gross25.3M37.1M90.6M95.1M118.5M124.4M
Total Current Assets292.2M305.7M329.2M304.6M207.1M204.8M
Accumulated Other Comprehensive Income(87K)475K1.5M(243K)1.2M1.3M
Short Term Debt2.0M1.9M3.4M3.5M3.7M4.9M
Intangible Assets77.5M68.8M60.1M177K34.6M21.3M
Other Liab47.8M47.4M34.5M22.5M25.9M20.4M
Other Assets19.3M17.1M3.4M2.4M2.2M2.1M
Property Plant Equipment19.4M28.2M38.9M43.3M49.8M31.0M
Net Tangible Assets234.1M247.7M277.1M264.4M304.0M242.1M
Good Will33.0M33.2M33.0M32.9M10.1M16.1M
Retained Earnings Total Equity81.4M75.6M69.3M(14.5M)(16.7M)(15.8M)
Short Term Investments43.7M11.1M19.3M10.0M3.0M2.8M
Deferred Long Term Liab9.8M232K87K25K22.5K21.4K
Capital Surpluse263.3M273.5M299.5M312.1M358.9M273.5M
Non Current Liabilities Other52.5M55.5M57.8M42.3M48.6M32.2M
Accumulated Depreciation(44.9M)(45.8M)(51.7M)(51.8M)(46.7M)(49.0M)

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When determining whether Inogen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Inogen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Inogen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Inogen Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inogen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Inogen Inc information on this page should be used as a complementary analysis to other Inogen's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Inogen's price analysis, check to measure Inogen'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 Inogen is operating at the current time. Most of Inogen's value examination focuses on studying past and present price action to predict the probability of Inogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inogen's price. Additionally, you may evaluate how the addition of Inogen to your portfolios can decrease your overall portfolio volatility.
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Is Inogen's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Inogen. If investors know Inogen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Inogen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.873
Earnings Share
(4.16)
Revenue Per Share
13.815
Quarterly Revenue Growth
0.081
Return On Assets
(0.11)
The market value of Inogen Inc is measured differently than its book value, which is the value of Inogen that is recorded on the company's balance sheet. Investors also form their own opinion of Inogen's value that differs from its market value or its book value, called intrinsic value, which is Inogen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Inogen's market value can be influenced by many factors that don't directly affect Inogen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Inogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inogen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.