Inari Property Plant Equipment vs Long Term Debt Analysis

NARI Stock  USD 50.00  0.69  1.36%   
Inari MedicalInc financial indicator trend analysis is infinitely more than just investigating Inari MedicalInc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inari MedicalInc is a good investment. Please check the relationship between Inari MedicalInc Property Plant Equipment and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Inari MedicalInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Inari Stock please use our How to Invest in Inari MedicalInc guide.

Property Plant Equipment vs Long Term Debt

Property Plant Equipment vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inari MedicalInc Property Plant Equipment account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Inari MedicalInc's Property Plant Equipment and Long Term Debt is 0.65. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Inari MedicalInc, assuming nothing else is changed. The correlation between historical values of Inari MedicalInc's Property Plant Equipment and Long 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 Property Plant Equipment of Inari MedicalInc are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Property Plant Equipment i.e., Inari MedicalInc's Property Plant Equipment and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Long Term Debt

Long-term debt is a debt that Inari MedicalInc has held for over one year. Long-term debt appears on Inari MedicalInc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Inari MedicalInc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Inari MedicalInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inari MedicalInc 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 Inari MedicalInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Inari Stock please use our How to Invest in Inari MedicalInc guide.As of now, Inari MedicalInc's Tax Provision is increasing as compared to previous years. The Inari MedicalInc's current Sales General And Administrative To Revenue is estimated to increase to 0.94, while Selling General Administrative is projected to decrease to under 176.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit252.2M339.0M428.8M219.5M
Total Revenue277.0M383.5M493.6M247.8M

Inari MedicalInc fundamental ratios Correlations

0.860.990.990.990.990.87-0.12-0.30.920.530.90.850.470.740.750.920.820.930.740.460.941.00.890.920.81
0.860.840.850.910.910.87-0.490.080.920.790.620.760.720.950.870.940.960.950.950.030.950.860.910.930.46
0.990.841.00.970.980.9-0.05-0.290.930.490.90.860.490.740.730.920.80.940.740.490.921.00.90.90.83
0.990.851.00.970.980.9-0.06-0.280.930.50.90.860.50.740.730.920.80.940.740.480.921.00.90.90.83
0.990.910.970.971.00.89-0.25-0.20.920.640.830.80.490.780.830.950.880.950.780.320.970.980.920.950.71
0.990.910.980.981.00.89-0.24-0.210.920.630.840.80.490.780.820.950.880.950.780.330.970.990.920.950.72
0.870.870.90.90.890.89-0.17-0.050.960.520.660.660.430.780.840.960.870.880.780.170.870.890.970.940.58
-0.12-0.49-0.05-0.06-0.25-0.24-0.17-0.72-0.18-0.880.15-0.01-0.31-0.44-0.48-0.27-0.57-0.35-0.440.68-0.44-0.08-0.33-0.310.41
-0.30.08-0.29-0.28-0.2-0.21-0.05-0.72-0.110.52-0.47-0.260.140.110.06-0.10.180.020.11-0.710.03-0.30.06-0.12-0.6
0.920.920.930.930.920.920.96-0.18-0.110.540.760.80.550.870.770.990.910.930.870.290.90.920.970.960.67
0.530.790.490.50.640.630.52-0.880.520.540.260.410.540.690.740.610.810.720.69-0.370.790.510.660.620.02
0.90.620.90.90.830.840.660.15-0.470.760.260.880.360.540.390.730.570.790.540.770.750.90.690.70.96
0.850.760.860.860.80.80.66-0.01-0.260.80.410.880.750.790.440.760.630.870.790.610.760.850.690.690.83
0.470.720.490.50.490.490.43-0.310.140.550.540.360.750.840.450.530.510.670.840.060.550.490.450.450.3
0.740.950.740.740.780.780.78-0.440.110.870.690.540.790.840.730.880.870.881.00.040.830.740.820.830.41
0.750.870.730.730.830.820.84-0.480.060.770.740.390.440.450.730.840.860.770.73-0.210.850.740.830.860.25
0.920.940.920.920.950.950.96-0.27-0.10.990.610.730.760.530.880.840.940.930.880.20.930.920.970.990.61
0.820.960.80.80.880.880.87-0.570.180.910.810.570.630.510.870.860.940.90.87-0.060.940.810.950.950.38
0.930.950.940.940.950.950.88-0.350.020.930.720.790.870.670.880.770.930.90.880.270.970.940.930.90.66
0.740.950.740.740.780.780.78-0.440.110.870.690.540.790.841.00.730.880.870.880.040.830.740.820.830.41
0.460.030.490.480.320.330.170.68-0.710.29-0.370.770.610.060.04-0.210.2-0.060.270.040.160.470.140.160.89
0.940.950.920.920.970.970.87-0.440.030.90.790.750.760.550.830.850.930.940.970.830.160.930.940.930.58
1.00.861.01.00.980.990.89-0.08-0.30.920.510.90.850.490.740.740.920.810.940.740.470.930.90.910.82
0.890.910.90.90.920.920.97-0.330.060.970.660.690.690.450.820.830.970.950.930.820.140.940.90.960.56
0.920.930.90.90.950.950.94-0.31-0.120.960.620.70.690.450.830.860.990.950.90.830.160.930.910.960.57
0.810.460.830.830.710.720.580.41-0.60.670.020.960.830.30.410.250.610.380.660.410.890.580.820.560.57
Click cells to compare fundamentals

Inari MedicalInc Account Relationship Matchups

Inari MedicalInc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.5M214.1M311.5M504.2M674.2M707.9M
Other Current Liab6.3M10.8M35.2M47.2M64.1M67.3M
Total Current Liabilities8.9M13.8M42.5M56.2M76.3M80.2M
Total Stockholder Equity(39.1M)200.3M239.2M417.0M464.9M488.2M
Net Tangible Assets(39.1M)200.3M239.2M417.0M479.6M503.5M
Property Plant And Equipment Net3.3M7.5M61.4M72.4M69.3M39.4M
Net Debt(4.2M)(114.2M)(63.5M)(27.9M)(7.2M)(7.5M)
Retained Earnings(41.2M)(27.4M)(17.6M)(46.9M)(48.5M)(50.9M)
Accounts Payable2.5M3.0M6.5M7.7M10.6M5.7M
Cash23.6M114.2M92.8M60.2M39.2M64.5M
Non Current Assets Total5.1M8.4M66.3M81.2M438.7M460.6M
Non Currrent Assets Other1.5M583K981K589K2.2M2.3M
Other Assets1.8M921K981K589K677.4K949.3K
Cash And Short Term Investments23.6M164.2M176.1M326.4M116.1M151.8M
Net Receivables11.3M28.0M42.4M58.6M70.1M39.0M
Common Stock Shares Outstanding48.2M51.6M55.6M52.8M56.8M56.8M
Liabilities And Stockholders Equity44.5M214.1M311.5M504.2M674.2M707.9M
Non Current Liabilities Total74.8M3.0M29.8M31.0M133.0M139.6M
Inventory4.0M10.6M21.1M32.6M42.9M45.0M
Other Current Assets514.1K2.9M5.7M5.3M6.5M4.0M
Other Stockholder Equity2.1M227.6M257.1M462.9M504.5M266.9M
Total Liab83.7M13.8M72.3M87.2M209.3M219.8M
Net Invested Capital(19.7M)200.3M239.2M417.0M464.9M233.2M
Property Plant And Equipment Gross3.3M7.5M61.4M72.4M83.0M41.9M
Total Current Assets39.4M205.7M245.2M422.9M235.6M215.4M
Accumulated Other Comprehensive Income(54.2M)4K(402K)849K8.9M9.3M
Capital Stock6.7K49K50K54K58K41.1K
Net Working Capital30.5M191.8M202.7M366.7M159.2M178.7M
Common Stock6.7K49K50K54K58K41.1K
Property Plant Equipment3.3M7.5M16.5M72.4M83.2M87.4M

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When determining whether Inari MedicalInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Inari MedicalInc'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 Inari Medicalinc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Inari Medicalinc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Inari MedicalInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Inari Stock please use our How to Invest in Inari MedicalInc guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Inari MedicalInc's price analysis, check to measure Inari MedicalInc'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 Inari MedicalInc is operating at the current time. Most of Inari MedicalInc's value examination focuses on studying past and present price action to predict the probability of Inari MedicalInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inari MedicalInc's price. Additionally, you may evaluate how the addition of Inari MedicalInc to your portfolios can decrease your overall portfolio volatility.
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Is Inari MedicalInc'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 Inari MedicalInc. If investors know Inari 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 Inari MedicalInc 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
(0.84)
Earnings Share
(0.41)
Revenue Per Share
9.045
Quarterly Revenue Growth
0.233
Return On Assets
(0.01)
The market value of Inari MedicalInc is measured differently than its book value, which is the value of Inari that is recorded on the company's balance sheet. Investors also form their own opinion of Inari MedicalInc's value that differs from its market value or its book value, called intrinsic value, which is Inari MedicalInc'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 Inari MedicalInc's market value can be influenced by many factors that don't directly affect Inari MedicalInc'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 Inari MedicalInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inari MedicalInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inari MedicalInc'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.