Inspire Medical Systems, Inc.

Inspire Medical Systems, Inc.verified

INSP

Price:

$184.34

Market Cap:

$5.52B

Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally. The company offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe OSA. It also develops a novel, a closed-loop solution that continuously monitors a patient's breathing and delivers mild hypoglossal nerve stimulation to maintain an open airway. The company was incorporated in 2007 and is headquartered in Golden Valley, Minnesota.[Read more]

Industry

Medical - Devices

IPO Date

2018-05-03

Stock Exchange

NYSE

Ticker

INSP

The Current Ratio as of December 2024 (TTM) for Inspire Medical Systems, Inc. (INSP) is 7.84

According to Inspire Medical Systems, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 7.84. This represents a change of -3.82% compared to the average of 8.16 of the last 4 quarters.

Inspire Medical Systems, Inc. (INSP) Historical Current Ratio (quarterly & annually)

How has INSP Current Ratio performed in the past?

The mean historical Current Ratio of Inspire Medical Systems, Inc. over the last ten years is 7.65. The current 7.84 Current Ratio has changed 10.16% with respect to the historical average. Over the past ten years (40 quarters), INSP's Current Ratio was at its highest in in the March 2019 quarter at 24.09. The Current Ratio was at its lowest in in the March 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

7.65

Median

7.60

Minimum

0

Maximum

17.86

Inspire Medical Systems, Inc. (INSP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Inspire Medical Systems, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 17.86

Minimum Annual Increase = -50.07%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20237.60-12.25%
20228.6633.25%
20216.50-50.07%
202013.0228.63%
201910.12-43.33%
201817.86429.85%
20173.37100.66%
20161.68Infinity%

Inspire Medical Systems, Inc. (INSP) Average Current Ratio

How has INSP Current Ratio performed in the past?

The current Current Ratio of Inspire Medical Systems, Inc. (INSP) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

7.59

5-year avg

9.18

10-year avg

7.65

Inspire Medical Systems, Inc. (INSP) Current Ratio vs. Peers

How is INSP’s Current Ratio compared to its peers?

Inspire Medical Systems, Inc.’s Current Ratio is less than TransMedics Group, Inc. (8.20), greater than Inari Medical, Inc. (1.77), less than InMode Ltd. (10.68), greater than Insulet Corporation (3.68), less than ShockWave Medical, Inc. (13.81), greater than Glaukos Corporation (5.54), greater than Tandem Diabetes Care, Inc. (2.90), greater than DexCom, Inc. (2.46), greater than Penumbra, Inc. (5.82), greater than Outset Medical, Inc. (6.49), greater than ClearPoint Neuro, Inc. (4.54), greater than Globus Medical, Inc. (2.51), greater than NovoCure Limited (1.49),

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