Descartes Return On Tangible Assets from 2010 to 2024

DSGX Stock  USD 114.67  0.34  0.30%   
Descartes Systems Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.25043375
Current Value
0.26
Quarterly Volatility
0.13623844
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Descartes Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Descartes Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 69.3 M, Interest Expense of 1.4 M or Total Revenue of 604 M, as well as many indicators such as Price To Sales Ratio of 13.88, Dividend Yield of 0.0 or PTB Ratio of 6.42. Descartes financial statements analysis is a perfect complement when working with Descartes Systems Valuation or Volatility modules.
  
Check out the analysis of Descartes Systems Correlation against competitors.

Latest Descartes Systems' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Descartes Systems Group over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Descartes Systems' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Descartes Systems' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Descartes Return On Tangible Assets Regression Statistics

Arithmetic Mean0.18
Coefficient Of Variation77.50
Mean Deviation0.1
Median0.23
Standard Deviation0.14
Sample Variance0.02
Range0.547
R-Value0.72
Mean Square Error0.01
R-Squared0.52
Significance0
Slope0.02
Total Sum of Squares0.26

Descartes Return On Tangible Assets History

2021 0.25
2019 0.23
2018 0.32
2017 0.28
2016 0.26
2015 0.2
2014 0.0829

About Descartes Systems Financial Statements

Descartes Systems investors use historical fundamental indicators, such as Descartes Systems' Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Descartes Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.25  0.26 

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Additional Tools for Descartes Stock Analysis

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.