Descartes Financial Statements From 2010 to 2024

DSG Stock  CAD 130.17  0.33  0.25%   
Descartes Systems financial statements provide useful quarterly and yearly information to potential Descartes Systems Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Descartes Systems financial statements helps investors assess Descartes Systems' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Descartes Systems' valuation are summarized below:
Gross Profit
372.7 M
Profit Margin
0.2023
Market Capitalization
11.1 B
Enterprise Value Revenue
18.2517
Revenue
572.9 M
We have found one hundred twenty available fundamental signals for Descartes Systems Group, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify Descartes Systems' prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 3rd of May 2024, Market Cap is likely to grow to about 7.9 B. Also, Enterprise Value is likely to grow to about 7.5 B

Descartes Systems Total Revenue

601.58 Million

Check Descartes Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Descartes main balance sheet or income statement drivers, such as Depreciation And Amortization of 85.5 M, Interest Expense of 1.4 M or Selling General Administrative of 131.8 M, as well as many exotic indicators such as Price To Sales Ratio of 13.7, Dividend Yield of 0.0 or PTB Ratio of 6.34. Descartes financial statements analysis is a perfect complement when working with Descartes Systems Valuation or Volatility modules.
  
This module can also supplement various Descartes Systems Technical models . Check out the analysis of Descartes Systems Correlation against competitors.

Descartes Systems Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.5 B1.5 B744.7 M
Slightly volatile
Short and Long Term Debt Total6.3 M6.6 M23.5 M
Slightly volatile
Other Current Liabilities106.1 M101 M44.9 M
Slightly volatile
Total Current Liabilities213.8 M203.6 M86.6 M
Slightly volatile
Total Stockholder Equity1.3 B1.2 B626.8 M
Slightly volatile
Property Plant And Equipment Net11.7 M17.8 M13.5 M
Slightly volatile
Accounts Payable18.4 M17.5 M8.4 M
Slightly volatile
Cash337 M321 M118.9 M
Slightly volatile
Non Current Assets Total1.1 B1.1 B570.9 M
Slightly volatile
Non Currrent Assets Other17.3 M24.7 M8.9 M
Slightly volatile
Cash And Short Term Investments333.7 M317.8 M118.8 M
Slightly volatile
Net Receivables28.3 M51.6 M35 M
Slightly volatile
Common Stock Shares Outstanding66.3 M85.2 M71.6 M
Slightly volatile
Liabilities And Stockholders Equity1.6 B1.5 B750 M
Slightly volatile
Other Current Assets35.1 M33.5 M15.8 M
Slightly volatile
Other Stockholder Equity374.6 M559.5 M434 M
Slightly volatile
Total Liabilities248.1 M236.3 M117.8 M
Slightly volatile
Property Plant And Equipment Gross63.5 M60.4 M22.3 M
Slightly volatile
Total Current Assets439.1 M418.2 M173.8 M
Slightly volatile
Intangible Assets263.6 M251 M164.5 M
Slightly volatile
Common Stock Total Equity642.2 M611.6 M341.3 M
Slightly volatile
Common Stock315.5 M619.2 M320.8 M
Slightly volatile
Non Current Liabilities Total35 M32.6 M36.3 M
Pretty Stable
Current Deferred Revenue81.8 M78 M35 M
Slightly volatile
Good Will798.4 M760.4 M371.8 M
Slightly volatile
Other Liabilities25.6 M49.6 M24.5 M
Slightly volatile
Property Plant Equipment15.6 M20.9 M14 M
Slightly volatile
Inventory403.7 K683.1 K503.7 K
Very volatile
Other Assets24.2 M38.8 M22.8 M
Slightly volatile
Short and Long Term Debt31 M33.3 M37.3 M
Slightly volatile
Capital Surpluse506.6 M559.5 M465.6 M
Slightly volatile
Deferred Long Term Liabilities22.2 M21.2 M7.6 M
Slightly volatile
Net Invested Capital968.8 M1.2 B725.6 M
Slightly volatile
Net Working Capital225.3 M214.6 M63.8 M
Slightly volatile
Capital Stock542.4 M551.2 M381 M
Slightly volatile
Capital Lease Obligations8.3 MM12.1 M
Slightly volatile

Descartes Systems Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization85.5 M81.5 M44.4 M
Slightly volatile
Selling General Administrative131.8 M125.5 M40.4 M
Slightly volatile
Total Revenue601.6 M572.9 M283 M
Slightly volatile
Gross Profit456.4 M434.6 M208.8 M
Slightly volatile
Other Operating Expenses422.8 M402.7 M219.9 M
Slightly volatile
Research Development88.3 M84.1 M44.5 M
Slightly volatile
Cost Of Revenue145.2 M138.3 M74.1 M
Slightly volatile
Total Operating Expenses428.9 M408.4 M165.5 M
Slightly volatile
Selling And Marketing Expenses68.3 M65.1 M34.7 M
Slightly volatile
Income Tax Expense38 M36.2 M13.2 M
Slightly volatile
Net Income From Continuing Ops121.7 M115.9 M45.5 M
Slightly volatile
Non Recurring666.4 K749.7 K816.3 K
Slightly volatile
Net Income Applicable To Common Shares123.4 M117.6 M45.7 M
Slightly volatile
Tax Provision37 M35.2 M14.5 M
Slightly volatile
Interest IncomeM3.8 M1.5 M
Slightly volatile
Reconciled Depreciation63 M66 M48.5 M
Slightly volatile
Extraordinary Items560 K630 K686 K
Slightly volatile

Descartes Systems Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation69.3 M66 M41.5 M
Slightly volatile
Capital Expenditures3.3 M5.6 M4.9 M
Pretty Stable
End Period Cash Flow337 M321 M116.6 M
Slightly volatile
Stock Based Compensation17.3 M16.5 M5.8 M
Slightly volatile
Issuance Of Capital Stock8.8 M9.3 M18 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio13.713.04979.2642
Slightly volatile
PTB Ratio6.346.03914.1856
Slightly volatile
Days Sales Outstanding38.5940.621261.3338
Slightly volatile
Book Value Per Share15.2814.55358.2014
Slightly volatile
Average Payables4.9 M5.5 MM
Slightly volatile
Stock Based Compensation To Revenue0.03020.02880.0164
Slightly volatile
PB Ratio6.346.03914.1856
Slightly volatile
EV To Sales13.1312.50178.837
Slightly volatile
Inventory Turnover171134220
Pretty Stable
Days Of Inventory On Hand2.672.814.076
Slightly volatile
Payables Turnover6.87.90989.19
Slightly volatile
Sales General And Administrative To Revenue0.130.10010.1151
Slightly volatile
Research And Ddevelopement To Revenue0.210.14680.168
Pretty Stable
Cash Per Share3.963.77291.6645
Slightly volatile
Interest Coverage99.56105220
Slightly volatile
Days Payables Outstanding84.9646.145383.1552
Slightly volatile
Net Current Asset Value26.5 M29.8 M32.5 M
Slightly volatile
Income Quality1.341.79182.3417
Very volatile
Tangible Asset Value28.5 M32 M34.9 M
Slightly volatile
Intangibles To Total Assets0.380.68610.6638
Slightly volatile
Current Ratio4.072.05362.357
Pretty Stable
Receivables Turnover4.578.98556.4359
Slightly volatile
Graham Number22.1821.122510.5049
Slightly volatile
Shareholders Equity Per Share15.2814.55358.2014
Slightly volatile
Average Receivables15.3 M20.6 M21.6 M
Very volatile
Revenue Per Share7.076.7353.6666
Slightly volatile
Enterprise Value Over EBITDA32.6331.07835.0812
Pretty Stable
Operating Cycle38.5940.621263.7656
Slightly volatile
Price Book Value Ratio6.346.03914.1856
Slightly volatile
Days Of Payables Outstanding84.9646.145383.1552
Slightly volatile
Ebt Per Ebit1.191.05811.0031
Slightly volatile
Company Equity Multiplier1.381.19081.207
Pretty Stable
Long Term Debt To Capitalization0.0030.00310.0533
Slightly volatile
Quick Ratio3.761.88932.1069
Pretty Stable
Net Income Per E B T1.20.76680.8166
Pretty Stable
Cash Ratio2.121.57621.4554
Pretty Stable
Days Of Inventory Outstanding2.672.814.076
Slightly volatile
Days Of Sales Outstanding38.5940.621261.3338
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.30.97321.2287
Slightly volatile
Price To Book Ratio6.346.03914.1856
Slightly volatile
Fixed Asset Turnover33.7832.170919.5309
Slightly volatile
Enterprise Value Multiple32.6331.07835.0812
Pretty Stable
Price Sales Ratio13.713.04979.2642
Slightly volatile
Asset Turnover0.480.38860.39
Very volatile
Gross Profit Margin0.550.75860.7116
Very volatile
Price Fair Value6.346.03914.1856
Slightly volatile

Descartes Systems Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap7.9 B7.5 B3.2 B
Slightly volatile
Working Capital26.5 M29.8 M32.5 M
Slightly volatile
Enterprise Value7.5 B7.2 B3.1 B
Slightly volatile

Descartes Fundamental Market Drivers

Forward Price Earnings46.2963

About Descartes Systems Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Descartes Systems income statement, its balance sheet, and the statement of cash flows. Descartes Systems investors use historical funamental indicators, such as Descartes Systems's revenue or net income, to determine how well the company is positioned to perform in the future. Although Descartes Systems investors may use each financial statement separately, they are all related. The changes in Descartes Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Descartes Systems's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Descartes Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Descartes Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue78 M81.8 M
Total Revenue572.9 M601.6 M
Cost Of Revenue138.3 M145.2 M
Stock Based Compensation To Revenue 0.03  0.03 
Sales General And Administrative To Revenue 0.10  0.13 
Research And Ddevelopement To Revenue 0.15  0.21 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 6.73  7.07 
Ebit Per Revenue 0.25  0.26 
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 Descartes Systems 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, Descartes Systems' short interest history, or implied volatility extrapolated from Descartes Systems options trading.

Pair Trading with Descartes Systems

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 Descartes Systems 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 Descartes Systems will appreciate offsetting losses from the drop in the long position's value.

Moving together with Descartes Stock

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Moving against Descartes Stock

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The ability to find closely correlated positions to Descartes Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Descartes Systems 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 Descartes Systems - 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 Descartes Systems Group to buy it.
The correlation of Descartes Systems 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 Descartes Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Descartes Systems 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 Descartes Systems 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 CorrelationCorrelation Matching
When determining whether Descartes Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Descartes Systems' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Descartes Systems Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Descartes Systems Group Stock:
Check out the analysis of Descartes Systems Correlation against competitors.
Note that the Descartes Systems information on this page should be used as a complementary analysis to other Descartes Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Descartes Systems' price analysis, check to measure Descartes Systems' 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 Descartes Systems is operating at the current time. Most of Descartes Systems' value examination focuses on studying past and present price action to predict the probability of Descartes Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Descartes Systems' price. Additionally, you may evaluate how the addition of Descartes Systems to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Descartes Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Descartes Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Descartes Systems' 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.