Insight Common Stock vs Other Current Assets Analysis

NSIT Stock  USD 182.75  0.18  0.1%   
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 Common Stock and its Other Current Assets 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.

Common Stock vs Other Current Assets

Common Stock vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insight Enterprises Common Stock account and Other Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Insight Enterprises' Common Stock and Other Current Assets is -0.53. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Current Assets 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' Common Stock and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Insight Enterprises are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock i.e., Insight Enterprises' Common Stock and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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

Insight Enterprises Investors Sentiment

The influence of Insight Enterprises' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Insight. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Insight Enterprises' public news can be used to forecast risks associated with an investment in Insight. The trend in average sentiment can be used to explain how an investor holding Insight can time the market purely based on public headlines and social activities around Insight Enterprises. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Insight Enterprises' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Insight Enterprises' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Insight Enterprises' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Insight Enterprises.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Insight Enterprises in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Insight Enterprises' short interest history, or implied volatility extrapolated from Insight Enterprises options trading.

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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 Transaction History module to view history of all your transactions and understand their impact on performance.

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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
0.133
Earnings Share
7.55
Revenue Per Share
278.132
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0475
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.