InspireMD (FRA:II2) Cash And Cash Equivalents : €8.84 Mil (As of Dec. 2023)

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What is InspireMD Cash And Cash Equivalents?

InspireMD's quarterly cash and cash equivalents increased from Jun. 2023 (€10.66 Mil) to Sep. 2023 (€12.97 Mil) but then stayed the same from Sep. 2023 (€12.97 Mil) to Dec. 2023 (€8.84 Mil).

InspireMD's annual cash and cash equivalents declined from Dec. 2021 (€10.62 Mil) to Dec. 2022 (€4.37 Mil) but then increased from Dec. 2022 (€4.37 Mil) to Dec. 2023 (€8.84 Mil).

InspireMD Cash And Cash Equivalents Historical Data

The historical data trend for InspireMD's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

InspireMD Cash And Cash Equivalents Chart

InspireMD Annual Data

Trend

Dec14

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Dec16

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Dec20

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Dec23

Cash And Cash Equivalents

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4.96

10.39

10.62

4.37

8.84

InspireMD Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															4.37	3.95	10.66	12.97	8.84

InspireMD Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

InspireMD (FRA:II2) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

InspireMD Cash And Cash Equivalents Related Terms

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InspireMD (FRA:II2) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » InspireMD Inc (FRA:II2) » Definitions » Cash And Cash Equivalents

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NSPR:USA

Address

4 Menorat Hamaor Street, Tel Aviv, ISR, 6744832

Website

https://www.inspiremd.com

InspireMD Inc is a United States based medical device company. It is focused on the development and commercialization of proprietary MicroNet stent platform technology for the treatment of complex vascular and coronary disease. The products of the company are the CGuard carotid Embolic Prevention System (CGuard EPS) and the MGuard Prime Embolic Protection System (MGuard Prime EPS). It generates the majority of the revenue from the sales of CGuard EPS which combines MicroNet and a self-expandable nitinol stent in a single device for use in carotid artery applications. The group operates in Germany, Italy, Belarus, Brazil, and other countries.

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