Insight Total Other Income Expense Net vs Cost Of Revenue Analysis

NSIT Stock  USD 213.84  0.76  0.36%   
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 Total Other Income Expense Net and its Cost Of Revenue 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 closely tied 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.

Total Other Income Expense Net vs Cost Of Revenue

Total Other Income Expense Net vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insight Enterprises Total Other Income Expense Net account and Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Insight Enterprises' Total Other Income Expense Net and Cost Of Revenue is -0.61. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Cost Of Revenue 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' Total Other Income Expense Net and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Insight Enterprises are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Total Other Income Expense Net i.e., Insight Enterprises' Total Other Income Expense Net and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Total Other Income Expense Net

Cost Of Revenue

Cost of Revenue is found on Insight Enterprises income statement and represents the costs associated with goods and services Insight Enterprises provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 closely tied 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 Amortization55.4M56.6M62.5M65.6M

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
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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

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