Insight Enterprises (Insight Enterprises) Interest Expense

: $-41 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Insight Enterprises's interest expense for the three months ended in Dec. 2023 was $ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-41 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Insight Enterprises's Operating Income for the three months ended in Dec. 2023 was $ 138 Mil. Insight Enterprises's Interest Expense for the three months ended in Dec. 2023 was $ -9 Mil. Insight Enterprises's Interest Coverage for the quarter that ended in Dec. 2023 was 14.74. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Insight Enterprises Interest Expense Historical Data

The historical data trend for Insight Enterprises's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Insight Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-28.48

-41.59

-40.52

-39.50

-41.12

Insight Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-10.33	-10.35	-9.41	-12.01	-9.36

Insight Enterprises Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-41 Mil.

Insight Enterprises (NAS:NSIT) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Insight Enterprises's Interest Expense for the three months ended in Dec. 2023 was $-9 Mil. Its Operating Income for the three months ended in Dec. 2023 was $138 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $593 Mil.

Insight Enterprises's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	137.944	/	-9.358
	=	14.74

The higher the ratio, the stronger the company's financial strength is.

Insight Enterprises (Insight Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Insight Enterprises Inc (NAS:NSIT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

IEI:Germany IEI:Germany

Address

2701 E. Insight Way, Chandler, AZ, USA, 85286

Website

http://www.insight.com

Insight Enterprises Inc is a Fortune 500 global IT provider primarily engaged in helping businesses of all sizes, large enterprises, governments, schools, and health care organizations. The company has three geographic operating segments: North America, EMEA, and APAC. It generates maximum revenue from North America segment. The company provides digital innovation, cloud/data center transformation, connected workforce, and supply chain optimization solutions and services.

Executives

Valueact Capital Master Fund, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Samuel C Cowley	officer: SVP, Gen'l Counsel & Secretary	2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Timothy A Crown	director, officer: CEO, President	6820 S HARL AVE, TEMPE AZ 85283
Adrian P Gregory	officer: President, EMEA	2701 E INSIGHT WAY, CHANDLER AZ 85286
Rachael A Bertrandt	officer: Principal Accounting Officer	INSIGHT ENTEPRISES, INC., 2701 E INSIGHT WAY, CHANDLER AZ 85286
Glynis Bryan	officer: CFO	5500 WAYZATA BOULEVARD, SUITE 600, GOLDEN VALLEY MN 55416
Kathleen S Pushor	director	8575 E VOLTAIRE AVE, SCOTTSDALE AZ 85260
Daniel Burger	officer: President INA	6820 S HARL AVENUE, TEMPE AZ 85283
Sumana Nallapati	officer: Chief Information Officer	6820 S HARL AVENUE, TEMPE AZ 85283
Jennifer M Vasin	officer: Chief Human Resources Officer	2701 E INSIGHT WAY, CHANDLER AZ 85286
Valueact Capital Management, Llc	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Alexander L. Baum	director	ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
Valueact Capital Management, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings Gp, Llc	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129