Insight Enterprises Inc (NSIT)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets 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 |
| Debt-to-capital 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 |
| 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 |
| 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 |
Insight Enterprises Inc's solvency ratios indicate a consistently strong financial position in terms of its ability to meet its long-term obligations. The Debt-to-assets ratio, Debt-to-capital ratio, and Debt-to-equity ratio have all remained at 0.00 across various reporting periods, suggesting that the company has no significant debt relative to its assets, capital, or equity.
The Financial leverage ratio, which measures the extent to which the company relies on debt financing, has shown an upward trend over the years, increasing from 3.53 in March 2020 to 4.21 in December 2024. Although this ratio has been increasing, it is still within a reasonable range and does not appear to pose a significant risk to the company's solvency.
Overall, Insight Enterprises Inc's solvency ratios reflect a financially stable and secure position, with minimal debt levels and a manageable level of financial leverage.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 6.86 | 8.90 | 9.91 | 10.60 | 10.63 | 9.85 | 9.73 | 10.05 | 10.63 | 10.03 | 10.25 | 9.10 | 8.16 | 7.96 | 7.62 | 7.30 | 6.88 | 6.25 | 6.18 | 6.97 |
Insight Enterprises Inc has shown a consistent improvement in its interest coverage ratio over the period from March 2020 to December 2024. The interest coverage ratio measures the company's ability to meet its interest obligations with its operating income.
In March 2020, the interest coverage ratio was at 6.97, indicating the company generated 6.97 times more operating income than the interest expenses incurred during that period. The ratio fluctuated over the following quarters but generally stayed above 6, demonstrating adequate coverage of interest expenses by operating income.
By December 2024, the interest coverage ratio had decreased to 6.86. Despite the slight dip in the ratio towards the end of the period, it is important to note that the company's interest coverage remained above 6 throughout, indicating a healthy ability to pay interest expenses. Overall, Insight Enterprises Inc has maintained a solid interest coverage ratio, reflecting its financial stability and efficient management of interest obligations.