Insight Enterprises Inc (NSIT)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 6,286,350 | 5,078,220 | 5,542,330 | 4,960,530 | 5,112,580 | 4,997,710 | 5,604,320 | 4,849,790 | 4,689,080 | 4,435,380 | 4,667,050 | 4,254,610 | 4,310,730 | 3,827,310 | 4,341,480 | 4,057,020 | 4,178,180 | 3,982,360 | 3,286,000 | 2,756,470 |
| 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 |
| Financial leverage ratio | 3.62 | 3.12 | 3.53 | 3.15 | 3.12 | 3.08 | 3.47 | 3.15 | 3.11 | 3.06 | 3.33 | 3.08 | 3.21 | 3.03 | 3.60 | 3.53 | 3.60 | 3.61 | 3.04 | 2.69 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $6,286,350K ÷ $1,735,730K
= 3.62
Insight Enterprises Inc.'s financial leverage ratio has exhibited some fluctuation over the past eight quarters, ranging from a low of 3.08 in Q3 2022 to a high of 3.62 in Q4 2023. The financial leverage ratio measures the proportion of a company's debt to its equity, indicating its level of financial risk and leverage. With a generally consistent range between 3.08 and 3.62, Insight Enterprises Inc. has maintained a moderate level of financial leverage over the analyzed period. It is important for the company to strike a balance between utilizing debt for growth opportunities and managing the associated risks effectively. Further analysis of the company's overall financial health and performance would provide more context on the implications of these fluctuations in the financial leverage ratio.
Peer comparison
Dec 31, 2023