Insight Income Before Tax vs Non Operating Income Net Other 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 Income Before Tax and its Non Operating Income Net Other 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.
Income Before Tax vs Non Operating Income Net Other
Income Before Tax vs Non Operating Income Net Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insight Enterprises Income Before Tax account and Non Operating Income Net Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Insight Enterprises' Income Before Tax and Non Operating Income Net Other is -0.07. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Non Operating Income Net Other 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' Income Before Tax and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Insight Enterprises are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Income Before Tax i.e., Insight Enterprises' Income Before Tax and Non Operating Income Net Other go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Insight Enterprises income statement and is an important metric when analyzing Insight Enterprises profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Non Operating Income Net Other
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 Expense | 40.5M | 39.5M | 41.1M | 43.2M | Depreciation And Amortization | 54.8M | 63.1M | 62.5M | 34.9M |
Insight Enterprises fundamental ratios Correlations
Click cells to compare fundamentals
Insight Enterprises Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Insight Enterprises fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.2B | 4.3B | 4.7B | 5.1B | 6.3B | 6.6B | |
Short Long Term Debt Total | 859.4M | 438.7M | 361.6M | 637.9M | 579.9M | 608.8M | |
Other Current Liab | 352.2M | 408.1M | 423.5M | 400.9M | 538.3M | 565.3M | |
Total Current Liabilities | 1.9B | 2.2B | 2.5B | 2.9B | 3.4B | 3.5B | |
Total Stockholder Equity | 1.2B | 1.3B | 1.5B | 1.6B | 1.7B | 1.8B | |
Property Plant And Equipment Net | 130.9M | 146.0M | 176.3M | 204.3M | 210.1M | 116.7M | |
Net Debt | 744.7M | 310.4M | 257.8M | 474.3M | 311.1M | 326.7M | |
Retained Earnings | 841.1M | 993.2M | 1.2B | 1.4B | 1.4B | 1.5B | |
Accounts Payable | 1.5B | 1.8B | 2.1B | 2.1B | 2.3B | 2.4B | |
Cash | 114.7M | 128.3M | 103.8M | 163.6M | 268.7M | 282.2M | |
Non Current Assets Total | 1.1B | 1.1B | 1.1B | 1.2B | 2.0B | 2.1B | |
Non Currrent Assets Other | 305.5M | 312.0M | 301.4M | 114.9M | 12.7M | 12.1M | |
Cash And Short Term Investments | 114.7M | 128.3M | 103.8M | 163.6M | 268.7M | 282.2M | |
Net Receivables | 2.5B | 2.7B | 2.9B | 3.3B | 3.7B | 3.9B | |
Common Stock Shares Outstanding | 36.0M | 35.4M | 36.9M | 36.6M | 37.2M | 43.7M | |
Liabilities And Stockholders Equity | 4.2B | 4.3B | 4.7B | 5.1B | 6.3B | 6.6B | |
Non Current Liabilities Total | 1.1B | 740.8M | 664.6M | 608.1M | 1.2B | 1.2B | |
Inventory | 190.8M | 185.7M | 328.1M | 265.2M | 184.6M | 141.7M | |
Other Current Assets | 231.1M | 177.0M | 199.6M | 199.5M | 189.2M | 198.6M | |
Other Stockholder Equity | 357.0M | 364.3M | 368.3M | 327.9M | 328.6M | 290.4M | |
Total Liab | 3.0B | 3.0B | 3.2B | 3.5B | 3.4B | 3.5B | |
Property Plant And Equipment Gross | 130.9M | 146.0M | 410.0M | 419.2M | 429.7M | 451.1M | |
Total Current Assets | 3.0B | 3.2B | 3.6B | 3.9B | 4.3B | 4.5B | |
Accumulated Other Comprehensive Income | (38.2M) | (15.5M) | (27.1M) | (58.8M) | (41.6M) | (39.5M) | |
Intangible Assets | 278.6M | 246.9M | 214.8M | 205.0M | 369.7M | 388.2M | |
Common Stock Total Equity | 353K | 351K | 349K | 340K | 306K | 331.3K | |
Short Term Debt | 1.7M | 1.1M | 36K | 346.2M | 579.9M | 608.8M | |
Common Stock | 353K | 351K | 349K | 340K | 326K | 328.5K | |
Other Assets | 230.8M | 312.0M | 301.4M | 233.5M | 268.5M | 281.9M | |
Long Term Debt | 857.7M | 437.6M | 361.6M | 291.7M | 592.5M | 622.1M | |
Good Will | 415.1M | 429.4M | 428.3M | 493.0M | 684.3M | 718.6M | |
Property Plant Equipment | 130.9M | 146.0M | 176.3M | 280.4M | 322.5M | 338.6M | |
Other Liab | 216.4M | 303.3M | 303.0M | 253.1M | 291.1M | 305.6M | |
Net Tangible Assets | 466.6M | 666.1M | 866.1M | 1.4B | 1.6B | 1.7B | |
Retained Earnings Total Equity | 841.1M | 993.2M | 1.2B | 1.4B | 1.6B | 1.7B | |
Long Term Debt Total | 857.7M | 437.6M | 361.6M | 291.7M | 335.4M | 265.4M | |
Capital Surpluse | 357.0M | 364.3M | 368.3M | 327.9M | 295.1M | 273.3M | |
Deferred Long Term Liab | 44.6M | 33.2M | 47.1M | 32.8M | 37.8M | 39.7M | |
Non Current Liabilities Other | 232.0M | 270.0M | 256.0M | 283.6M | 203.3M | 129.1M |
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
0.69 | AVT | Avnet Inc Fiscal Year End 21st of August 2024 | PairCorr |
Moving against Insight Stock
0.61 | CLMB | Climb Global Solutions | PairCorr |
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.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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Insight Stock analysis
When running Insight Enterprises' price analysis, check to measure Insight Enterprises' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Insight Enterprises is operating at the current time. Most of Insight Enterprises' value examination focuses on studying past and present price action to predict the probability of Insight Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Insight Enterprises' price. Additionally, you may evaluate how the addition of Insight Enterprises to your portfolios can decrease your overall portfolio volatility.
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
CEOs Directory Screen CEOs from public companies around the world | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |
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.