Insight Enterprises Inc (NSIT)
Debt-to-equity ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 1,770,610 | 1,735,730 | 1,638,070 | 1,509,230 | 1,342,430 |
Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,770,610K
= 0.00
Insight Enterprises Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company is not relying on debt financing to fund its operations and growth initiatives. A debt-to-equity ratio of 0.00 means that the company's total debt is either negligible or non-existent in relation to its equity, which may signify a conservative financial strategy and strong financial health. Companies with lower debt-to-equity ratios are generally seen as less risky as they have lower financial leverage and are less vulnerable to financial distress in times of economic uncertainty.
Peer comparison
Dec 31, 2024