InMode Net Income vs Research Development Analysis

INMD Stock  USD 18.64  0.21  1.11%   
InMode financial indicator trend analysis is infinitely more than just investigating InMode recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InMode is a good investment. Please check the relationship between InMode Net Income and its Research Development accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InMode. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade InMode Stock refer to our How to Trade InMode Stock guide.

Net Income vs Research Development

Net Income vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InMode Net Income account and Research Development. At this time, the significance of the direction appears to have almost identical trend.
The correlation between InMode's Net Income and Research Development is 0.91. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Research Development in the same time period over historical financial statements of InMode, assuming nothing else is changed. The correlation between historical values of InMode's Net Income and Research Development 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 Income of InMode are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Net Income i.e., InMode's Net Income and Research Development go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in InMode financial statement analysis. It represents the amount of money remaining after all of InMode operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Research Development

Most indicators from InMode's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InMode 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 InMode. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade InMode Stock refer to our How to Trade InMode Stock guide.The current year's Tax Provision is expected to grow to about 20.3 M, whereas Selling General Administrative is forecasted to decline to about 8.4 M.
 2021 2022 2023 2024 (projected)
Interest Income525K3.6M21.6M22.7M
Tax Provision2.9M39.9M19.3M20.3M

InMode fundamental ratios Correlations

0.850.871.00.681.01.00.870.990.940.890.791.00.990.790.871.00.880.990.990.76-0.990.910.691.00.86
0.850.990.830.730.870.830.980.820.790.960.830.850.870.750.980.850.940.870.780.79-0.820.930.740.840.84
0.870.990.850.780.90.840.980.840.790.960.880.870.880.831.00.870.950.880.80.86-0.850.930.730.860.89
1.00.830.850.660.991.00.860.990.940.880.771.00.990.780.861.00.870.990.990.75-0.990.90.691.00.85
0.680.730.780.660.70.620.680.690.480.720.960.680.630.850.820.680.780.660.60.88-0.660.620.340.670.76
1.00.870.90.990.70.990.90.980.920.910.811.00.990.820.91.00.910.990.970.79-0.980.920.71.00.88
1.00.830.841.00.620.990.860.980.950.880.740.990.990.730.841.00.860.991.00.7-0.980.90.691.00.82
0.870.980.980.860.680.90.860.850.830.980.810.880.90.770.970.870.950.890.820.75-0.860.970.810.870.88
0.990.820.840.990.690.980.980.850.940.850.810.990.980.810.850.990.840.960.980.77-1.00.890.720.990.86
0.940.790.790.940.480.920.950.830.940.790.660.930.970.620.780.930.740.910.940.59-0.940.870.80.930.72
0.890.960.960.880.720.910.880.980.850.790.810.890.890.80.970.890.990.910.850.77-0.870.970.710.890.91
0.790.830.880.770.960.810.740.810.810.660.810.790.760.910.90.790.850.770.710.91-0.790.760.570.780.86
1.00.850.871.00.681.00.990.880.990.930.890.790.990.80.871.00.890.990.990.77-0.990.910.681.00.86
0.990.870.880.990.630.990.990.90.980.970.890.760.990.740.870.990.870.980.980.72-0.980.920.750.990.83
0.790.750.830.780.850.820.730.770.810.620.80.910.80.740.850.790.830.770.720.95-0.810.790.540.790.95
0.870.981.00.860.820.90.840.970.850.780.970.90.870.870.850.870.960.880.810.87-0.850.930.70.870.9
1.00.850.871.00.681.01.00.870.990.930.890.791.00.990.790.870.880.990.990.76-0.990.910.691.00.86
0.880.940.950.870.780.910.860.950.840.740.990.850.890.870.830.960.880.910.830.8-0.850.930.630.880.91
0.990.870.880.990.660.990.990.890.960.910.910.770.990.980.770.880.990.910.980.76-0.970.920.650.990.85
0.990.780.80.990.60.971.00.820.980.940.850.710.990.980.720.810.990.830.980.68-0.970.880.640.990.8
0.760.790.860.750.880.790.70.750.770.590.770.910.770.720.950.870.760.80.760.68-0.750.730.460.760.86
-0.99-0.82-0.85-0.99-0.66-0.98-0.98-0.86-1.0-0.94-0.87-0.79-0.99-0.98-0.81-0.85-0.99-0.85-0.97-0.97-0.75-0.91-0.75-0.99-0.88
0.910.930.930.90.620.920.90.970.890.870.970.760.910.920.790.930.910.930.920.880.73-0.910.790.910.91
0.690.740.730.690.340.70.690.810.720.80.710.570.680.750.540.70.690.630.650.640.46-0.750.790.690.71
1.00.840.861.00.671.01.00.870.990.930.890.781.00.990.790.871.00.880.990.990.76-0.990.910.690.86
0.860.840.890.850.760.880.820.880.860.720.910.860.860.830.950.90.860.910.850.80.86-0.880.910.710.86
Click cells to compare fundamentals

InMode Account Relationship Matchups

InMode fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets218.4M295.8M478.5M644.4M863.3M906.5M
Other Current Liab12.5M15.8M28.1M50.5M36.8M23.6M
Total Current Liabilities32.5M35.0M51.9M82.0M64.1M43.4M
Total Stockholder Equity179.8M255.5M415.8M554.6M787.4M826.7M
Other Liab5.3M4.9M7.6M4.3M4.9M4.8M
Net Tangible Assets176.1M254.0M415.8M554.6M637.8M669.7M
Retained Earnings94.0M169.0M334.0M495.5M693.4M728.1M
Accounts Payable3.7M6.4M8.8M16.2M14.0M8.0M
Cash44.7M68.9M68.1M97.5M144.4M151.6M
Other Assets2.3M3.4M2.1M7.1M8.1M8.5M
Net Receivables10.4M14.1M33.2M42.1M43.6M22.4M
Common Stock Shares Outstanding76.1M84.2M86.0M85.4M86.0M79.1M
Short Term Investments148.6M191.6M347.8M449.8M597.2M627.1M
Inventory9.4M15.0M21.0M39.9M45.1M47.3M
Other Stockholder Equity85.6M86.0M82.9M66.4M95.4M59.8M
Total Liab38.6M40.3M62.7M89.8M75.9M51.0M
Total Current Assets213.2M289.6M470.1M629.4M845.3M887.6M
Common Stock93K108K239K241K245K153.3K
Property Plant Equipment2.3M2.1M5.7M7.4M8.5M8.9M
Property Plant And Equipment Net2.3M2.1M5.7M7.4M12.1M12.7M
Current Deferred Revenue15.6M11.9M13.8M13.8M10.9M11.5M
Net Debt(44.0M)(68.6M)(64.8M)(92.6M)(135.4M)(128.6M)
Non Current Assets Total5.2M6.2M8.4M15.0M18.0M9.2M
Non Currrent Assets Other374K3.4M768K4.0M3.7M2.3M
Cash And Short Term Investments193.4M260.5M415.9M547.4M741.6M778.7M
Liabilities And Stockholders Equity218.4M295.8M478.5M644.4M863.3M906.5M
Non Current Liabilities Total6.1M5.3M10.9M7.8M11.8M8.7M
Net Invested Capital176.1M254.0M415.8M554.6M787.4M826.7M
Property Plant And Equipment Gross2.3M2.1M5.7M7.4M15.5M16.3M
Accumulated Other Comprehensive Income124K356K(1.3M)(7.5M)(1.7M)(1.8M)
Net Working Capital180.7M254.6M418.3M547.4M781.2M820.3M
Short Term Debt672K880K1.2M1.5M2.4M1.6M
Capital Stock93K108K239K241K245K183.3K
Non Current Liabilities Other1.5M2.9M4.8M303K1.4M2.1M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether InMode is a strong investment it is important to analyze InMode's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact InMode's future performance. For an informed investment choice regarding InMode Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InMode. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade InMode Stock refer to our How to Trade InMode Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for InMode Stock analysis

When running InMode's price analysis, check to measure InMode'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 InMode is operating at the current time. Most of InMode's value examination focuses on studying past and present price action to predict the probability of InMode's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InMode's price. Additionally, you may evaluate how the addition of InMode to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Is InMode'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 InMode. If investors know InMode 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 InMode 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
(0.40)
Earnings Share
2.11
Revenue Per Share
5.559
Quarterly Revenue Growth
(0.24)
Return On Assets
0.1383
The market value of InMode is measured differently than its book value, which is the value of InMode that is recorded on the company's balance sheet. Investors also form their own opinion of InMode's value that differs from its market value or its book value, called intrinsic value, which is InMode'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 InMode's market value can be influenced by many factors that don't directly affect InMode'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 InMode's value and its price as these two are different measures arrived at by different means. Investors typically determine if InMode is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InMode'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.