Insight Enterprises Inc (NSIT)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 6,380,310 | 6,286,350 | 5,112,580 | 4,689,080 | 4,310,730 |
| Total stockholders’ equity | US$ in thousands | 1,770,610 | 1,735,730 | 1,638,070 | 1,509,230 | 1,342,430 |
| Financial leverage ratio | 3.60 | 3.62 | 3.12 | 3.11 | 3.21 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $6,380,310K ÷ $1,770,610K
= 3.60
Based on the provided financial data for Insight Enterprises Inc, the financial leverage ratio has shown some fluctuations over the years. As of December 31, 2020, the financial leverage ratio was 3.21, indicating that the company's level of debt relative to its equity was 3.21 times.
In the following years, the ratio decreased to 3.11 as of December 31, 2021 and then stayed relatively stable around 3.12 as of December 31, 2022. However, a significant increase in the financial leverage ratio was observed by December 31, 2023, where it jumped to 3.62, suggesting a higher proportion of debt in the company's capital structure.
By December 31, 2024, the financial leverage ratio slightly declined to 3.60. Overall, the trend in the financial leverage ratio indicates some variability in the company's capital structure over the years, with a notable increase in leverage in 2023 followed by a modest decrease in the subsequent year. Further analysis of Insight Enterprises Inc's financial position and performance would be necessary to fully evaluate the implications of these changes in the financial leverage ratio.
Peer comparison
Dec 31, 2024