Insight Enterprises Inc (NSIT)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 7,448,580 | 7,286,440 | 7,352,810 | 6,567,240 | 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 |
| Total stockholders’ equity | US$ in thousands | 1,770,610 | 1,766,300 | 1,847,540 | 1,755,490 | 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 |
| Financial leverage ratio | 4.21 | 4.13 | 3.98 | 3.74 | 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 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $7,448,580K ÷ $1,770,610K
= 4.21
Insight Enterprises Inc's financial leverage ratio has shown fluctuations over the past few years. The ratio increased from 3.53 as of March 31, 2020, to a peak of 4.21 as of December 31, 2024. This indicates that the company's reliance on debt to finance its operations and investments has been increasing. A higher financial leverage ratio suggests higher financial risk, as the company may have a higher level of debt relative to its equity.
It is important to note that a high financial leverage ratio can magnify returns on equity when operations are profitable but can also amplify losses in times of financial difficulty. Investors and creditors closely monitor changes in the financial leverage ratio to assess the company's ability to meet its financial obligations and manage its capital structure effectively.
Peer comparison
Dec 31, 2024