Descartes Historical Cash Flow
| DSG Stock | CAD 159.07 0.90 0.57% |
Analysis of Descartes Systems cash flow over time is an excellent tool to project Descartes Systems future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Change In Working Capital of 18.3 M or Begin Period Cash Flow of 333.7 M as it is a great indicator of Descartes Systems ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Descartes Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Descartes Systems is a good buy for the upcoming year.
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About Descartes Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Descartes balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Descartes's non-liquid assets can be easily converted into cash.
Descartes Systems Cash Flow Chart
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Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Total Cashflows From Investing Activities
The net amount of cash used in or generated from a company's investment activities, such as purchasing or selling assets, during a reporting period.Most accounts from Descartes Systems' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Descartes Systems current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Descartes Systems Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Descartes Systems' Net Income is very stable compared to the past year. As of the 26th of February 2025, End Period Cash Flow is likely to grow to about 387.5 M, though Other Cashflows From Financing Activities is likely to grow to (20.5 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Capital Expenditures | 6.1M | 5.6M | 5.0M | 3.3M | Depreciation | 65.4M | 66.0M | 75.9M | 79.7M |
Descartes Systems cash flow statement Correlations
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Descartes Systems Account Relationship Matchups
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Descartes Systems cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 89.3M | 79.8M | 62.9M | 44.6M | 51.3M | 53.8M | |
| Free Cash Flow | 127.5M | 171.3M | 186.3M | 202.1M | 232.4M | 244.1M | |
| Change In Working Capital | (3.6M) | 12.8M | 7.8M | 15.2M | 17.5M | 18.3M | |
| Begin Period Cash Flow | 44.4M | 133.7M | 213.4M | 276.4M | 317.8M | 333.7M | |
| Other Cashflows From Financing Activities | (40K) | (72K) | (6.3M) | (24.0M) | (21.6M) | (20.5M) | |
| Depreciation | 61.7M | 64.2M | 65.4M | 66.0M | 75.9M | 79.7M | |
| Capital Expenditures | 3.8M | 4.8M | 6.1M | 5.6M | 5.0M | 3.3M | |
| Total Cash From Operating Activities | 131.2M | 176.1M | 192.4M | 207.7M | 238.8M | 250.8M | |
| Net Income | 52.1M | 86.3M | 102.2M | 115.9M | 133.3M | 140.0M | |
| Total Cash From Financing Activities | 5.6M | 1.5M | (4.6M) | (14.7M) | (13.3M) | (12.6M) | |
| End Period Cash Flow | 133.7M | 213.4M | 276.4M | 321.0M | 369.1M | 387.5M | |
| Other Non Cash Items | 207K | 308K | 53K | 114K | 102.6K | 97.5K | |
| Sale Purchase Of Stock | 6.2M | 2.7M | 1.7M | (4.9M) | (5.6M) | (5.3M) | |
| Change To Inventory | (345K) | 99K | (498K) | 103K | 118.5K | 124.4K | |
| Investments | (52.2M) | (95.1M) | (121.6M) | (148.3M) | (133.4M) | (126.8M) | |
| Net Borrowings | (10.2M) | (25.6M) | (597K) | (1.1M) | (961.2K) | (913.1K) | |
| Stock Based Compensation | 6.3M | 11.0M | 13.7M | 16.5M | 19.0M | 19.9M | |
| Total Cashflows From Investing Activities | (297.0M) | (52.2M) | (95.1M) | (121.6M) | (109.5M) | (114.9M) | |
| Change To Account Receivables | 143K | (2.9M) | 151K | (6.6M) | (5.9M) | (5.6M) | |
| Change To Operating Activities | (4.7M) | (12.8M) | 7.3M | (736K) | (662.4K) | (629.3K) | |
| Other Cashflows From Investing Activities | (292.1M) | (48.4M) | (90.3M) | (115.6M) | (104.0M) | (109.2M) | |
| Change To Netincome | 11.0M | 21.0M | 12.8M | 17.0M | 19.5M | 20.5M | |
| Change To Liabilities | (2.4M) | 5.2M | 8.5M | 7.5M | 8.7M | 9.1M | |
| Issuance Of Capital Stock | 6.2M | 2.7M | 1.7M | 9.3M | 8.3M | 7.9M |
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 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Descartes Systems Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.