Insight Operating Income vs Other Operating Expenses 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 Operating Income and its Other Operating Expenses 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.

Operating Income vs Other Operating Expenses

Operating Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insight Enterprises Operating Income account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.

The correlation between Insight Enterprises' Operating Income and Other Operating Expenses is 0.72. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Other Operating Expenses 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' Operating Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Insight Enterprises are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Operating Income i.e., Insight Enterprises' Operating Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Insight Enterprises operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Insight Enterprises is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Insight Enterprises. It is also known as Insight Enterprises overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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

Interest Expense Depreciation And Amortization

Insight Enterprises fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock Total Equity	Short Term Debt	Common Stock
Total Assets		0.84	0.99	0.99	0.99	0.7	0.72	0.98	0.98	0.65	0.97	0.37	0.65	1.0	0.25	0.92	0.51	0.87	0.4	0.97	0.88	0.99	0.94	-0.43	0.78	-0.4
Short Long Term Debt Total	0.84		0.83	0.78	0.8	0.56	0.97	0.82	0.78	0.31	0.84	0.56	0.31	0.83	0.03	0.93	0.4	0.88	0.27	0.89	0.63	0.83	0.89	-0.46	0.57	-0.45
Other Current Liab	0.99	0.83		0.97	0.97	0.72	0.71	0.96	0.96	0.6	0.98	0.43	0.6	0.98	0.25	0.93	0.48	0.83	0.39	0.96	0.88	0.97	0.95	-0.41	0.75	-0.38
Total Current Liabilities	0.99	0.78	0.97		0.99	0.71	0.64	0.98	0.98	0.7	0.95	0.29	0.7	0.99	0.29	0.86	0.54	0.83	0.41	0.95	0.9	0.99	0.9	-0.41	0.81	-0.38
Total Stockholder Equity	0.99	0.8	0.97	0.99		0.74	0.68	0.99	0.99	0.62	0.93	0.4	0.62	1.0	0.29	0.86	0.59	0.86	0.48	0.98	0.88	0.99	0.89	-0.37	0.73	-0.34
Property Plant And Equipment Net	0.7	0.56	0.72	0.71	0.74		0.47	0.67	0.72	0.43	0.64	0.36	0.43	0.71	0.5	0.55	0.59	0.5	0.67	0.73	0.77	0.71	0.57	0.11	0.46	0.17
Net Debt	0.72	0.97	0.71	0.64	0.68	0.47		0.7	0.65	0.06	0.72	0.66	0.06	0.71	-0.12	0.85	0.37	0.83	0.17	0.8	0.52	0.7	0.8	-0.46	0.41	-0.46
Retained Earnings	0.98	0.82	0.96	0.98	0.99	0.67	0.7		0.97	0.59	0.95	0.37	0.59	0.99	0.15	0.87	0.53	0.87	0.33	0.96	0.89	0.98	0.91	-0.52	0.77	-0.49
Accounts Payable	0.98	0.78	0.96	0.98	0.99	0.72	0.65	0.97		0.64	0.91	0.42	0.64	0.99	0.3	0.84	0.65	0.88	0.51	0.97	0.86	0.99	0.87	-0.37	0.69	-0.34
Cash	0.65	0.31	0.6	0.7	0.62	0.43	0.06	0.59	0.64		0.61	-0.28	1.0	0.63	0.56	0.47	0.21	0.38	0.42	0.52	0.57	0.65	0.49	-0.08	0.73	-0.03
Non Current Assets Total	0.97	0.84	0.98	0.95	0.93	0.64	0.72	0.95	0.91	0.61		0.33	0.61	0.95	0.16	0.95	0.34	0.8	0.25	0.92	0.86	0.94	0.98	-0.5	0.84	-0.46
Non Currrent Assets Other	0.37	0.56	0.43	0.29	0.4	0.36	0.66	0.37	0.42	-0.28	0.33		-0.28	0.38	-0.13	0.46	0.54	0.62	0.34	0.54	0.19	0.39	0.42	-0.18	-0.22	-0.2
Cash And Short Term Investments	0.65	0.31	0.6	0.7	0.62	0.43	0.06	0.59	0.64	1.0	0.61	-0.28		0.63	0.56	0.47	0.21	0.38	0.42	0.52	0.57	0.65	0.49	-0.08	0.73	-0.03
Net Receivables	1.0	0.83	0.98	0.99	1.0	0.71	0.71	0.99	0.99	0.63	0.95	0.38	0.63		0.27	0.89	0.56	0.88	0.45	0.98	0.87	1.0	0.92	-0.41	0.75	-0.38
Common Stock Shares Outstanding	0.25	0.03	0.25	0.29	0.29	0.5	-0.12	0.15	0.3	0.56	0.16	-0.13	0.56	0.27		0.08	0.29	0.02	0.81	0.22	0.28	0.29	0.07	0.72	0.15	0.74
Non Current Liabilities Total	0.92	0.93	0.93	0.86	0.86	0.55	0.85	0.87	0.84	0.47	0.95	0.46	0.47	0.89	0.08		0.31	0.85	0.24	0.89	0.72	0.88	0.99	-0.51	0.7	-0.48
Inventory	0.51	0.4	0.48	0.54	0.59	0.59	0.37	0.53	0.65	0.21	0.34	0.54	0.21	0.56	0.29	0.31		0.66	0.65	0.63	0.49	0.59	0.29	-0.04	0.06	-0.03
Other Current Assets	0.87	0.88	0.83	0.83	0.86	0.5	0.83	0.87	0.88	0.38	0.8	0.62	0.38	0.88	0.02	0.85	0.66		0.37	0.93	0.63	0.89	0.82	-0.54	0.48	-0.53
Other Stockholder Equity	0.4	0.27	0.39	0.41	0.48	0.67	0.17	0.33	0.51	0.42	0.25	0.34	0.42	0.45	0.81	0.24	0.65	0.37		0.47	0.29	0.47	0.21	0.52	-0.01	0.55
Total Liab	0.97	0.89	0.96	0.95	0.98	0.73	0.8	0.96	0.97	0.52	0.92	0.54	0.52	0.98	0.22	0.89	0.63	0.93	0.47		0.83	0.98	0.9	-0.4	0.64	-0.38
Property Plant And Equipment Gross	0.88	0.63	0.88	0.9	0.88	0.77	0.52	0.89	0.86	0.57	0.86	0.19	0.57	0.87	0.28	0.72	0.49	0.63	0.29	0.83		0.87	0.77	-0.32	0.8	-0.28
Total Current Assets	0.99	0.83	0.97	0.99	0.99	0.71	0.7	0.98	0.99	0.65	0.94	0.39	0.65	1.0	0.29	0.88	0.59	0.89	0.47	0.98	0.87		0.9	-0.39	0.74	-0.36
Intangible Assets	0.94	0.89	0.95	0.9	0.89	0.57	0.8	0.91	0.87	0.49	0.98	0.42	0.49	0.92	0.07	0.99	0.29	0.82	0.21	0.9	0.77	0.9		-0.54	0.76	-0.51
Common Stock Total Equity	-0.43	-0.46	-0.41	-0.41	-0.37	0.11	-0.46	-0.52	-0.37	-0.08	-0.5	-0.18	-0.08	-0.41	0.72	-0.51	-0.04	-0.54	0.52	-0.4	-0.32	-0.39	-0.54		-0.48	0.99
Short Term Debt	0.78	0.57	0.75	0.81	0.73	0.46	0.41	0.77	0.69	0.73	0.84	-0.22	0.73	0.75	0.15	0.7	0.06	0.48	-0.01	0.64	0.8	0.74	0.76	-0.48		-0.43
Common Stock	-0.4	-0.45	-0.38	-0.38	-0.34	0.17	-0.46	-0.49	-0.34	-0.03	-0.46	-0.2	-0.03	-0.38	0.74	-0.48	-0.03	-0.53	0.55	-0.38	-0.28	-0.36	-0.51	0.99	-0.43

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Insight Enterprises Account Relationship Matchups

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

0.75

AVT

Avnet Inc Fiscal Year End 21st of August 2024

Pair Corr

Moving against Insight Stock

0.64

CLMB

Climb Global Solutions

Pair Corr

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 Correlation Correlation 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:

How To Invest In Insight

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Is Insight Stock a good investment?

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What is Insight Enterprises' Net Worth?

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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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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.

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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.

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Insight Operating Income vs Other Operating Expenses Analysis

Operating Income vs Other Operating Expenses

Operating Income vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Operating Income

Other Operating Expenses

Insight Enterprises fundamental ratios Correlations

Insight Enterprises Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Insight Enterprises fundamental ratios Accounts

Pair Trading with Insight Enterprises

Moving together with Insight Stock

Moving against Insight Stock

Complementary Tools for Insight Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Receivables	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Net Receivables
Other Current Liab	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Total Assets

Common Stock Total Equity	- 0.54	Intangible Assets
Common Stock Total Equity	- 0.54	Other Current Assets
Common Stock	- 0.53	Other Current Assets
Common Stock Total Equity	- 0.52	Retained Earnings
Common Stock	- 0.51	Intangible Assets
Common Stock Total Equity	- 0.51	Non Current Liabilities Total