Inari Selling And Marketing Expenses vs Income Tax Expense 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 Selling And Marketing Expenses and its Income Tax Expense 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.
Selling And Marketing Expenses vs Income Tax Expense
Selling And Marketing Expenses vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inari MedicalInc Selling And Marketing Expenses account and Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Inari MedicalInc's Selling And Marketing Expenses and Income Tax Expense is 0.95. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Income Tax Expense 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 Selling And Marketing Expenses and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Inari MedicalInc are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Selling And Marketing Expenses i.e., Inari MedicalInc's Selling And Marketing Expenses and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Selling And Marketing Expenses
Income Tax Expense
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 Profit | 252.2M | 339.0M | 428.8M | 219.5M | Total Revenue | 277.0M | 383.5M | 493.6M | 247.8M |
Inari MedicalInc fundamental ratios Correlations
Click cells to compare fundamentals
Inari MedicalInc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inari MedicalInc fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 44.5M | 214.1M | 311.5M | 504.2M | 674.2M | 707.9M | |
| Other Current Liab | 6.3M | 10.8M | 35.2M | 47.2M | 64.1M | 67.3M | |
| Total Current Liabilities | 8.9M | 13.8M | 42.5M | 56.2M | 76.3M | 80.2M | |
| Total Stockholder Equity | (39.1M) | 200.3M | 239.2M | 417.0M | 464.9M | 488.2M | |
| Net Tangible Assets | (39.1M) | 200.3M | 239.2M | 417.0M | 479.6M | 503.5M | |
| Property Plant And Equipment Net | 3.3M | 7.5M | 61.4M | 72.4M | 69.3M | 39.4M | |
| 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 Payable | 2.5M | 3.0M | 6.5M | 7.7M | 10.6M | 5.7M | |
| Cash | 23.6M | 114.2M | 92.8M | 60.2M | 39.2M | 64.5M | |
| Non Current Assets Total | 5.1M | 8.4M | 66.3M | 81.2M | 438.7M | 460.6M | |
| Non Currrent Assets Other | 1.5M | 583K | 981K | 589K | 2.2M | 2.3M | |
| Other Assets | 1.8M | 921K | 981K | 589K | 677.4K | 949.3K | |
| Cash And Short Term Investments | 23.6M | 164.2M | 176.1M | 326.4M | 116.1M | 151.8M | |
| Net Receivables | 11.3M | 28.0M | 42.4M | 58.6M | 70.1M | 39.0M | |
| Common Stock Shares Outstanding | 48.2M | 51.6M | 55.6M | 52.8M | 56.8M | 56.8M | |
| Liabilities And Stockholders Equity | 44.5M | 214.1M | 311.5M | 504.2M | 674.2M | 707.9M | |
| Non Current Liabilities Total | 74.8M | 3.0M | 29.8M | 31.0M | 133.0M | 139.6M | |
| Inventory | 4.0M | 10.6M | 21.1M | 32.6M | 42.9M | 45.0M | |
| Other Current Assets | 514.1K | 2.9M | 5.7M | 5.3M | 6.5M | 4.0M | |
| Other Stockholder Equity | 2.1M | 227.6M | 257.1M | 462.9M | 504.5M | 266.9M | |
| Total Liab | 83.7M | 13.8M | 72.3M | 87.2M | 209.3M | 219.8M | |
| Net Invested Capital | (19.7M) | 200.3M | 239.2M | 417.0M | 464.9M | 233.2M | |
| Property Plant And Equipment Gross | 3.3M | 7.5M | 61.4M | 72.4M | 83.0M | 41.9M | |
| Total Current Assets | 39.4M | 205.7M | 245.2M | 422.9M | 235.6M | 215.4M | |
| Accumulated Other Comprehensive Income | (54.2M) | 4K | (402K) | 849K | 8.9M | 9.3M | |
| Capital Stock | 6.7K | 49K | 50K | 54K | 58K | 41.1K | |
| Net Working Capital | 30.5M | 191.8M | 202.7M | 366.7M | 159.2M | 178.7M | |
| Common Stock | 6.7K | 49K | 50K | 54K | 58K | 41.1K | |
| Property Plant Equipment | 3.3M | 7.5M | 16.5M | 72.4M | 83.2M | 87.4M |
Currently Active Assets on Macroaxis
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Inari Stock analysis
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.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |
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.