Inari Medical Inc
Inari Medical, Inc. builds minimally invasive, novel, and catheter-based mechanical thrombectomy devices and accessories for the specific disease states in the United States. The company provides ClotTriever system, which is designed to core, capture, and remove large clots from large vessels for treatment of deep vein thrombosis and peripheral thrombus; FlowTriever system, a large bore catheter-… Read more
Inari Medical Inc (NARI) - Total Assets
Latest total assets as of September 2024: $697.24 Million USD
Based on the latest financial reports, Inari Medical Inc (NARI) holds total assets worth $697.24 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Inari Medical Inc - Total Assets Trend (2018–2023)
This chart illustrates how Inari Medical Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Inari Medical Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Inari Medical Inc's total assets of $697.24 Million consist of 34.9% current assets and 65.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.7% |
| Accounts Receivable | $70.12 Million | 10.4% |
| Inventory | $42.90 Million | 6.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $150.88 Million | 22.4% |
| Goodwill | $214.34 Million | 31.8% |
Asset Composition Trend (2018–2023)
This chart illustrates how Inari Medical Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Inari Medical Inc's current assets represent 34.9% of total assets in 2023, a decrease from 96.5% in 2018.
- Cash Position: Cash and equivalents constituted 5.7% of total assets in 2023, down from 81.2% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 53.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 31.8% of total assets.
Inari Medical Inc Competitors by Total Assets
Key competitors of Inari Medical Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
|
UMediC Group Berhad
KLSE:0256
|
Malaysia | RM94.93 Million |
|
Osang Healthcare Co.,Ltd
KQ:036220
|
Korea | ₩287.70 Billion |
|
HansBiomed Corporation
KQ:042520
|
Korea | ₩126.41 Billion |
Inari Medical Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Inari Medical Inc generates 0.73x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Inari Medical Inc is currently not profitable relative to its asset base.
Inari Medical Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.77 | 7.10 | 4.44 |
| Quick Ratio | 1.40 | 6.49 | 4.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $114.61 Million | $ 403.00 Million | $ 30.54 Million |
Inari Medical Inc - Advanced Valuation Insights
This section examines the relationship between Inari Medical Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 10.77 |
| Latest Market Cap to Assets Ratio | 6.33 |
| Asset Growth Rate (YoY) | 33.7% |
| Total Assets | $674.24 Million |
| Market Capitalization | $4.27 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Inari Medical Inc's assets at a significant premium ( 6.33x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Inari Medical Inc's assets grew by 33.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Inari Medical Inc (2018–2023)
The table below shows the annual total assets of Inari Medical Inc from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $674.24 Million | +33.74% |
| 2022-12-31 | $504.15 Million | +61.82% |
| 2021-12-31 | $311.54 Million | +45.52% |
| 2020-12-31 | $214.09 Million | +380.60% |
| 2019-12-31 | $44.55 Million | +65.59% |
| 2018-12-31 | $26.90 Million | -- |