Insight Enterprises Inc (NSIT)
Debt-to-equity ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,735,730 | 1,626,050 | 1,568,960 | 1,573,600 | 1,638,070 | 1,620,790 | 1,613,100 | 1,539,190 | 1,509,230 | 1,448,920 | 1,401,830 | 1,383,170 | 1,342,430 | 1,262,890 | 1,207,360 | 1,150,570 | 1,160,320 | 1,102,640 | 1,079,580 | 1,026,220 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,735,730K
= 0.00
Insight Enterprises Inc.'s debt-to-equity ratio has shown fluctuations over the past eight quarters, ranging from a low of 0.33 in Q1 2023 to a high of 0.66 in Q2 2022. The ratio indicates the proportion of debt financing compared to equity financing used by the company.
A higher debt-to-equity ratio typically suggests that a company has been using more debt to finance its operations, which may indicate higher financial risk due to increased leverage. Conversely, a lower ratio signifies a more conservative capital structure with less reliance on debt.
The decreasing trend in the debt-to-equity ratio from Q2 2022 to Q1 2023 indicates that Insight Enterprises Inc. may be reducing its reliance on debt financing relative to equity, which can be seen as a positive sign in terms of financial stability and risk management. However, it is essential to monitor the ratio over time to assess the long-term implications of the company's capital structure decisions and overall financial health.
Peer comparison
Dec 31, 2023