Insight Depreciation And Amortization vs Net Interest Income Analysis

NSIT Stock  USD 206.79  2.30  1.10%   
Insight Enterprises financial indicator trend analysis is infinitely more than just investigating Insight Enterprises recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Insight Enterprises is a good investment. Please check the relationship between Insight Enterprises Depreciation And Amortization and its Net Interest Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Insight Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Insight Stock please use our How to Invest in Insight Enterprises guide.

Depreciation And Amortization vs Net Interest Income

Depreciation And Amortization vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insight Enterprises Depreciation And Amortization account and Net Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Insight Enterprises' Depreciation And Amortization and Net Interest Income is -0.64. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Insight Enterprises, assuming nothing else is changed. The correlation between historical values of Insight Enterprises' Depreciation And Amortization and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Insight Enterprises are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Depreciation And Amortization i.e., Insight Enterprises' Depreciation And Amortization and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Insight Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Insight Enterprises current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Insight Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Insight Stock please use our How to Invest in Insight Enterprises guide.Selling General Administrative is likely to gain to about 1.2 B in 2024, whereas Tax Provision is likely to drop slightly above 71.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense40.5M39.5M41.1M43.2M
Depreciation And Amortization54.8M63.1M62.5M34.9M

Insight Enterprises fundamental ratios Correlations

0.840.990.990.990.70.720.980.980.650.970.370.651.00.250.920.510.870.40.970.880.990.94-0.430.78-0.4
0.840.830.780.80.560.970.820.780.310.840.560.310.830.030.930.40.880.270.890.630.830.89-0.460.57-0.45
0.990.830.970.970.720.710.960.960.60.980.430.60.980.250.930.480.830.390.960.880.970.95-0.410.75-0.38
0.990.780.970.990.710.640.980.980.70.950.290.70.990.290.860.540.830.410.950.90.990.9-0.410.81-0.38
0.990.80.970.990.740.680.990.990.620.930.40.621.00.290.860.590.860.480.980.880.990.89-0.370.73-0.34
0.70.560.720.710.740.470.670.720.430.640.360.430.710.50.550.590.50.670.730.770.710.570.110.460.17
0.720.970.710.640.680.470.70.650.060.720.660.060.71-0.120.850.370.830.170.80.520.70.8-0.460.41-0.46
0.980.820.960.980.990.670.70.970.590.950.370.590.990.150.870.530.870.330.960.890.980.91-0.520.77-0.49
0.980.780.960.980.990.720.650.970.640.910.420.640.990.30.840.650.880.510.970.860.990.87-0.370.69-0.34
0.650.310.60.70.620.430.060.590.640.61-0.281.00.630.560.470.210.380.420.520.570.650.49-0.080.73-0.03
0.970.840.980.950.930.640.720.950.910.610.330.610.950.160.950.340.80.250.920.860.940.98-0.50.84-0.46
0.370.560.430.290.40.360.660.370.42-0.280.33-0.280.38-0.130.460.540.620.340.540.190.390.42-0.18-0.22-0.2
0.650.310.60.70.620.430.060.590.641.00.61-0.280.630.560.470.210.380.420.520.570.650.49-0.080.73-0.03
1.00.830.980.991.00.710.710.990.990.630.950.380.630.270.890.560.880.450.980.871.00.92-0.410.75-0.38
0.250.030.250.290.290.5-0.120.150.30.560.16-0.130.560.270.080.290.020.810.220.280.290.070.720.150.74
0.920.930.930.860.860.550.850.870.840.470.950.460.470.890.080.310.850.240.890.720.880.99-0.510.7-0.48
0.510.40.480.540.590.590.370.530.650.210.340.540.210.560.290.310.660.650.630.490.590.29-0.040.06-0.03
0.870.880.830.830.860.50.830.870.880.380.80.620.380.880.020.850.660.370.930.630.890.82-0.540.48-0.53
0.40.270.390.410.480.670.170.330.510.420.250.340.420.450.810.240.650.370.470.290.470.210.52-0.010.55
0.970.890.960.950.980.730.80.960.970.520.920.540.520.980.220.890.630.930.470.830.980.9-0.40.64-0.38
0.880.630.880.90.880.770.520.890.860.570.860.190.570.870.280.720.490.630.290.830.870.77-0.320.8-0.28
0.990.830.970.990.990.710.70.980.990.650.940.390.651.00.290.880.590.890.470.980.870.9-0.390.74-0.36
0.940.890.950.90.890.570.80.910.870.490.980.420.490.920.070.990.290.820.210.90.770.9-0.540.76-0.51
-0.43-0.46-0.41-0.41-0.370.11-0.46-0.52-0.37-0.08-0.5-0.18-0.08-0.410.72-0.51-0.04-0.540.52-0.4-0.32-0.39-0.54-0.480.99
0.780.570.750.810.730.460.410.770.690.730.84-0.220.730.750.150.70.060.48-0.010.640.80.740.76-0.48-0.43
-0.4-0.45-0.38-0.38-0.340.17-0.46-0.49-0.34-0.03-0.46-0.2-0.03-0.380.74-0.48-0.03-0.530.55-0.38-0.28-0.36-0.510.99-0.43
Click cells to compare fundamentals

Insight Enterprises Account Relationship Matchups

Insight Enterprises fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B4.3B4.7B5.1B6.3B6.6B
Short Long Term Debt Total859.4M438.7M361.6M637.9M579.9M608.8M
Other Current Liab352.2M408.1M423.5M400.9M538.3M565.3M
Total Current Liabilities1.9B2.2B2.5B2.9B3.4B3.5B
Total Stockholder Equity1.2B1.3B1.5B1.6B1.7B1.8B
Property Plant And Equipment Net130.9M146.0M176.3M204.3M210.1M116.7M
Net Debt744.7M310.4M257.8M474.3M311.1M326.7M
Retained Earnings841.1M993.2M1.2B1.4B1.4B1.5B
Accounts Payable1.5B1.8B2.1B2.1B2.3B2.4B
Cash114.7M128.3M103.8M163.6M268.7M282.2M
Non Current Assets Total1.1B1.1B1.1B1.2B2.0B2.1B
Non Currrent Assets Other305.5M312.0M301.4M114.9M12.7M12.1M
Cash And Short Term Investments114.7M128.3M103.8M163.6M268.7M282.2M
Net Receivables2.5B2.7B2.9B3.3B3.7B3.9B
Common Stock Shares Outstanding36.0M35.4M36.9M36.6M37.2M43.7M
Liabilities And Stockholders Equity4.2B4.3B4.7B5.1B6.3B6.6B
Non Current Liabilities Total1.1B740.8M664.6M608.1M1.2B1.2B
Inventory190.8M185.7M328.1M265.2M184.6M141.7M
Other Current Assets231.1M177.0M199.6M199.5M189.2M198.6M
Other Stockholder Equity357.0M364.3M368.3M327.9M328.6M290.4M
Total Liab3.0B3.0B3.2B3.5B3.4B3.5B
Property Plant And Equipment Gross130.9M146.0M410.0M419.2M429.7M451.1M
Total Current Assets3.0B3.2B3.6B3.9B4.3B4.5B
Accumulated Other Comprehensive Income(38.2M)(15.5M)(27.1M)(58.8M)(41.6M)(39.5M)
Intangible Assets278.6M246.9M214.8M205.0M369.7M388.2M
Common Stock Total Equity353K351K349K340K306K331.3K
Short Term Debt1.7M1.1M36K346.2M579.9M608.8M
Common Stock353K351K349K340K326K328.5K
Other Assets230.8M312.0M301.4M233.5M268.5M281.9M
Long Term Debt857.7M437.6M361.6M291.7M592.5M622.1M
Good Will415.1M429.4M428.3M493.0M684.3M718.6M
Property Plant Equipment130.9M146.0M176.3M280.4M322.5M338.6M
Other Liab216.4M303.3M303.0M253.1M291.1M305.6M
Net Tangible Assets466.6M666.1M866.1M1.4B1.6B1.7B
Retained Earnings Total Equity841.1M993.2M1.2B1.4B1.6B1.7B
Long Term Debt Total857.7M437.6M361.6M291.7M335.4M265.4M
Capital Surpluse357.0M364.3M368.3M327.9M295.1M273.3M
Deferred Long Term Liab44.6M33.2M47.1M32.8M37.8M39.7M
Non Current Liabilities Other232.0M270.0M256.0M283.6M203.3M129.1M

Pair Trading with Insight Enterprises

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Insight Enterprises position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Insight Enterprises will appreciate offsetting losses from the drop in the long position's value.

Moving together with Insight Stock

  0.69AVT Avnet Inc Fiscal Year End 21st of August 2024 PairCorr

Moving against Insight Stock

  0.61CLMB Climb Global SolutionsPairCorr
The ability to find closely correlated positions to Insight Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Insight Enterprises when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Insight Enterprises - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Insight Enterprises to buy it.
The correlation of Insight Enterprises is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Insight Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Insight Enterprises moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Insight Enterprises can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Insight Enterprises is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Insight Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Insight Enterprises Stock. Highlighted below are key reports to facilitate an investment decision about Insight Enterprises Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Insight Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Insight Stock please use our How to Invest in Insight Enterprises guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Is Insight Enterprises' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Insight Enterprises. If investors know Insight will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Insight Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.299
Earnings Share
7.95
Revenue Per Share
282.189
Quarterly Revenue Growth
0.024
Return On Assets
0.0494
The market value of Insight Enterprises is measured differently than its book value, which is the value of Insight that is recorded on the company's balance sheet. Investors also form their own opinion of Insight Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Insight Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Insight Enterprises' market value can be influenced by many factors that don't directly affect Insight Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Insight Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Insight Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Insight Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.