Debt-to-Equity Ratio

Inspire Medical Systems has a Debt-to-Equity Ratio of 0.04x, meaning the company uses very little debt relative to its shareholders’ equity — essentially, it is financed almost entirely by equity.

Compared to sector peers in Healthcare, this ratio is far below the sector median of 0.45x, placing Inspire in the 16th percentile among those peers. The year-over-year change and quarter-over-quarter change are both reported as N/A, and the trend direction over the last eight quarters is also N/A, so no historical comparison is available. A very low debt level typically reduces financial risk, but the absence of trend data makes it impossible to assess whether the company is becoming more or less leveraged over time. This combination of an extremely low current ratio and no trend information suggests low default risk but offers no insight into changing capital structure decisions. The overall NEUTRAL verdict is supported by this metric: while the low leverage is conservative, it does not signal a strong catalyst for outperformance, and the lack of trend data prevents a more bullish or bearish conclusion.

Frequently Asked Questions

Closest Sector Peers