InMode Ltd

NASDAQ INMD

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InMode Ltd Working Capital to Current Liabilities Ratio 2 year CAGR for the year ending December 31, 2023: 22.88%

InMode Ltd Working Capital to Current Liabilities Ratio 2 year CAGR is 22.88% for the year ending December 31, 2023, a 648.53% change year over year. The working capital to current liabilities ratio measures the proportion of working capital to current liabilities. It is calculated by dividing the difference between current assets and current liabilities by current liabilities. This ratio indicates the company's ability to cover its current liabilities with its working capital. A higher ratio suggests a healthier liquidity position and better ability to meet short-term obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • InMode Ltd Working Capital to Current Liabilities Ratio for the year ending December 31, 2022 was 6.67, a -17.27% change year over year.
  • InMode Ltd Working Capital to Current Liabilities Ratio for the year ending December 31, 2021 was 8.07, a 11.01% change year over year.
  • InMode Ltd Working Capital to Current Liabilities Ratio for the year ending December 31, 2020 was 7.27, a 30.67% change year over year.
  • InMode Ltd Working Capital to Current Liabilities Ratio for the year ending December 31, 2019 was 5.56, a 238.61% change year over year.
NASDAQ: INMD

InMode Ltd

CEO Mr. Yair Malca
IPO Date Aug. 8, 2019
Location Israel
Headquarters Tavor Building, Yokne'am, Israel, 2069206
Employees 581
Sector Healthcare
Industry Medical devices
Description

InMode Ltd. designs, develops, manufactures, and markets minimally invasive aesthetic medical products based on its proprietary radiofrequency assisted lipolysis and deep subdermal fractional radiofrequency technologies in the United States and internationally. The company offers minimally invasive aesthetic medical products for various procedures, such as liposuction with simultaneous skin tightening, body and face contouring, and ablative skin rejuvenation treatments, as well as for use in women's health conditions and procedures. It also designs, develops, manufactures, and markets non-invasive medical aesthetic products that target an array of procedures, including permanent hair reduction, facial skin rejuvenation, wrinkle reduction, cellulite treatment, skin appearance and texture, and superficial benign vascular and pigmented lesions, as well as hands-free medical aesthetic products that target a range of procedures, such as skin tightening, fat reduction, and muscle stimulation. The company was formerly known as Invasix Ltd. and changed its name to InMode Ltd. in November 2017. InMode Ltd. was incorporated in 2008 and is headquartered in Yokne'am, Israel.

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StockViz Staff

September 20, 2024

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