Descartes Historical Balance Sheet

DSG Stock

CAD 163.09 1.63 0.99%

Trend analysis of Descartes Systems Group balance sheet accounts such as Other Current Liabilities of 96.4 M or Total Current Liabilities of 213.8 M provides information on Descartes Systems' total assets, liabilities, and equity, which is the actual value of Descartes Systems to its prevalent stockholders. By breaking down trends over time using Descartes Systems balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Yuan Drop

Covid

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.

Descartes Systems Inventory

613,280

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.

About Descartes Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Descartes Systems at a specified time, usually calculated after every quarter, six months, or one year. Descartes Systems Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Descartes Systems and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Descartes currently owns. An asset can also be divided into two categories, current and non-current.

Descartes Systems Balance Sheet Chart

At this time, Descartes Systems' Cash is very stable compared to the past year. As of the 28th of November 2024, Non Current Assets Total is likely to grow to about 1.1 B, while Short and Long Term Debt Total is likely to drop about 6.6 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Common Stock Total Equity Net Invested Capital

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Total Assets

Total assets refers to the total amount of Descartes Systems assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Descartes Systems books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Descartes Systems balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Descartes Systems Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most accounts from Descartes Systems' balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 balance sheet 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	11.4M	7.3M	7.0M	6.6M
Total Assets	1.2B	1.3B	1.5B	1.5B

Short Long Term Debt Total Total Assets

Descartes Systems balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Current Deferred Revenue	Common Stock Total Equity	Common Stock
Total Assets		-0.65	0.95	0.98	1.0	0.69	-0.84	0.83	0.89	0.87	0.99	0.7	0.87	0.93	0.6	0.27	0.87	-0.22	0.97	0.92	0.9	-0.05	0.93	0.98	0.96	0.84
Short Long Term Debt Total	-0.65		-0.68	-0.66	-0.65	-0.41	0.62	-0.89	-0.52	-0.62	-0.63	-0.38	-0.62	-0.48	0.09	0.03	-0.57	0.43	-0.61	-0.63	-0.61	0.22	-0.56	-0.5	-0.74	-0.68
Other Current Liab	0.95	-0.68		0.99	0.94	0.47	-0.92	0.92	0.93	0.94	0.9	0.66	0.94	0.94	0.41	0.29	0.84	-0.34	0.95	0.97	0.96	-0.06	0.8	0.93	0.88	0.7
Total Current Liabilities	0.98	-0.66	0.99		0.97	0.54	-0.9	0.89	0.94	0.93	0.94	0.68	0.93	0.96	0.48	0.31	0.86	-0.27	0.98	0.96	0.95	-0.04	0.85	0.96	0.91	0.74
Total Stockholder Equity	1.0	-0.65	0.94	0.97		0.7	-0.84	0.83	0.88	0.87	0.99	0.7	0.87	0.93	0.6	0.25	0.87	-0.21	0.96	0.91	0.89	-0.06	0.93	0.98	0.97	0.85
Property Plant And Equipment Net	0.69	-0.41	0.47	0.54	0.7		-0.33	0.35	0.42	0.34	0.76	0.45	0.34	0.5	0.72	0.21	0.67	0.0	0.61	0.46	0.4	0.0	0.81	0.65	0.74	0.86
Net Debt	-0.84	0.62	-0.92	-0.9	-0.84	-0.33		-0.85	-0.85	-0.99	-0.74	-0.66	-0.99	-0.82	-0.31	-0.38	-0.86	0.36	-0.82	-0.89	-0.98	0.01	-0.6	-0.81	-0.77	-0.61
Retained Earnings	0.83	-0.89	0.92	0.89	0.83	0.35	-0.85		0.81	0.86	0.78	0.53	0.86	0.78	0.09	0.11	0.71	-0.39	0.83	0.87	0.86	-0.12	0.67	0.75	0.83	0.67
Accounts Payable	0.89	-0.52	0.93	0.94	0.88	0.42	-0.85	0.81		0.9	0.83	0.61	0.9	0.97	0.4	0.41	0.81	-0.07	0.91	0.92	0.92	0.1	0.73	0.9	0.79	0.56
Cash	0.87	-0.62	0.94	0.93	0.87	0.34	-0.99	0.86	0.9		0.78	0.68	1.0	0.87	0.33	0.42	0.87	-0.34	0.87	0.91	1.0	0.01	0.64	0.84	0.79	0.6
Non Current Assets Total	0.99	-0.63	0.9	0.94	0.99	0.76	-0.74	0.78	0.83	0.78		0.66	0.78	0.9	0.65	0.19	0.82	-0.17	0.95	0.86	0.81	-0.07	0.98	0.97	0.97	0.88
Non Currrent Assets Other	0.7	-0.38	0.66	0.68	0.7	0.45	-0.66	0.53	0.61	0.68	0.66		0.68	0.68	0.55	0.49	0.66	-0.16	0.7	0.63	0.7	-0.14	0.65	0.68	0.66	0.65
Cash And Short Term Investments	0.87	-0.62	0.94	0.93	0.87	0.34	-0.99	0.86	0.9	1.0	0.78	0.68		0.87	0.33	0.42	0.87	-0.34	0.87	0.91	1.0	0.01	0.64	0.84	0.79	0.6
Net Receivables	0.93	-0.48	0.94	0.96	0.93	0.5	-0.82	0.78	0.97	0.87	0.9	0.68	0.87		0.55	0.35	0.8	-0.07	0.94	0.92	0.9	-0.07	0.82	0.96	0.83	0.63
Common Stock Shares Outstanding	0.6	0.09	0.41	0.48	0.6	0.72	-0.31	0.09	0.4	0.33	0.65	0.55	0.33	0.55		0.25	0.52	0.11	0.56	0.41	0.38	0.01	0.7	0.69	0.53	0.63
Inventory	0.27	0.03	0.29	0.31	0.25	0.21	-0.38	0.11	0.41	0.42	0.19	0.49	0.42	0.35	0.25		0.59	-0.07	0.34	0.3	0.44	0.12	0.12	0.28	0.11	0.08
Other Current Assets	0.87	-0.57	0.84	0.86	0.87	0.67	-0.86	0.71	0.81	0.87	0.82	0.66	0.87	0.8	0.52	0.59		-0.27	0.85	0.82	0.89	0.01	0.72	0.84	0.8	0.72
Other Stockholder Equity	-0.22	0.43	-0.34	-0.27	-0.21	0.0	0.36	-0.39	-0.07	-0.34	-0.17	-0.16	-0.34	-0.07	0.11	-0.07	-0.27		-0.25	-0.38	-0.31	0.03	-0.08	-0.14	-0.19	-0.23
Total Liab	0.97	-0.61	0.95	0.98	0.96	0.61	-0.82	0.83	0.91	0.87	0.95	0.7	0.87	0.94	0.56	0.34	0.85	-0.25		0.91	0.89	-0.02	0.88	0.96	0.89	0.76
Property Plant And Equipment Gross	0.92	-0.63	0.97	0.96	0.91	0.46	-0.89	0.87	0.92	0.91	0.86	0.63	0.91	0.92	0.41	0.3	0.82	-0.38	0.91		0.93	-0.02	0.76	0.91	0.84	0.66
Total Current Assets	0.9	-0.61	0.96	0.95	0.89	0.4	-0.98	0.86	0.92	1.0	0.81	0.7	1.0	0.9	0.38	0.44	0.89	-0.31	0.89	0.93		0.0	0.69	0.88	0.81	0.63
Short Term Debt	-0.05	0.22	-0.06	-0.04	-0.06	0.0	0.01	-0.12	0.1	0.01	-0.07	-0.14	0.01	-0.07	0.01	0.12	0.01	0.03	-0.02	-0.02	0.0		-0.06	-0.05	-0.07	-0.06
Intangible Assets	0.93	-0.56	0.8	0.85	0.93	0.81	-0.6	0.67	0.73	0.64	0.98	0.65	0.64	0.82	0.7	0.12	0.72	-0.08	0.88	0.76	0.69	-0.06		0.92	0.95	0.89
Current Deferred Revenue	0.98	-0.5	0.93	0.96	0.98	0.65	-0.81	0.75	0.9	0.84	0.97	0.68	0.84	0.96	0.69	0.28	0.84	-0.14	0.96	0.91	0.88	-0.05	0.92		0.91	0.77
Common Stock Total Equity	0.96	-0.74	0.88	0.91	0.97	0.74	-0.77	0.83	0.79	0.79	0.97	0.66	0.79	0.83	0.53	0.11	0.8	-0.19	0.89	0.84	0.81	-0.07	0.95	0.91		0.91
Common Stock	0.84	-0.68	0.7	0.74	0.85	0.86	-0.61	0.67	0.56	0.6	0.88	0.65	0.6	0.63	0.63	0.08	0.72	-0.23	0.76	0.66	0.63	-0.06	0.89	0.77	0.91

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Descartes Systems Account Relationship Matchups

Descartes Systems balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	942.6M	1.1B	1.2B	1.3B	1.5B	1.5B
Short Long Term Debt Total	13.4M	13.1M	11.4M	7.3M	7.0M	6.6M
Other Current Liab	34.9M	38.9M	56.4M	80.3M	91.8M	96.4M
Total Current Liabilities	88.9M	104.3M	133.4M	169.6M	203.6M	213.8M
Total Stockholder Equity	821.7M	911.1M	999.8M	1.1B	1.2B	1.3B
Property Plant And Equipment Net	26.6M	24.3M	21.4M	18.2M	17.8M	11.7M
Net Debt	(31.0M)	(120.6M)	(202.0M)	(269.1M)	(314.0M)	(298.3M)
Retained Earnings	(135.8M)	(83.7M)	2.6M	104.8M	220.8M	231.8M
Accounts Payable	7.7M	8.0M	10.6M	10.6M	17.5M	18.4M
Cash	44.4M	133.7M	213.4M	276.4M	321.0M	337.0M
Non Current Assets Total	842.4M	860.2M	893.4M	957.4M	1.1B	1.1B
Non Currrent Assets Other	13.5M	15.6M	18.7M	22.2M	26.8M	17.0M
Cash And Short Term Investments	44.4M	133.7M	213.4M	276.4M	321.0M	337.0M
Net Receivables	35.1M	37.2M	41.7M	45.2M	63.8M	67.0M
Common Stock Shares Outstanding	82.9M	85.8M	86.2M	86.5M	86.8M	66.4M
Liabilities And Stockholders Equity	942.6M	1.1B	1.2B	1.3B	1.5B	1.5B
Inventory	411K	429K	868K	759K	683.1K	613.3K
Other Current Assets	20.3M	31.8M	36.0M	36.3M	33.5M	35.1M
Other Stockholder Equity	459.3M	464.1M	473.3M	(643.3M)	494.7M	340.1M
Total Liab	120.9M	152.2M	185.6M	216.7M	236.3M	248.1M
Property Plant And Equipment Gross	26.6M	24.3M	21.4M	56.0M	60.4M	63.5M
Total Current Assets	100.2M	203.1M	292.1M	358.7M	418.2M	439.1M
Accumulated Other Comprehensive Income	(25.9M)	(1.2M)	(12.4M)	(30.5M)	(28.6M)	(27.2M)
Short Term Debt	3.9M	4.2M	4.0M	3.4M	3.1M	2.9M
Intangible Assets	257.0M	240.0M	229.6M	229.8M	251.0M	263.6M
Current Deferred Revenue	41.1M	49.9M	56.8M	67.8M	84.5M	88.7M
Common Stock Total Equity	274.5M	276.8M	524.2M	531.8M	611.6M	642.2M
Common Stock	524.2M	531.8M	536.3M	538.4M	551.2M	328.7M
Non Current Liabilities Total	31.9M	47.9M	52.2M	47.1M	32.6M	35.0M
Good Will	523.7M	565.2M	608.8M	675.6M	760.4M	798.4M
Other Liab	22.5M	39.0M	44.8M	43.1M	49.6M	25.6M
Net Tangible Assets	41.1M	105.9M	161.4M	193.9M	223.0M	234.2M
Property Plant Equipment	26.6M	24.3M	21.4M	18.2M	20.9M	15.6M
Other Assets	35.1M	30.8M	33.6M	33.7M	38.8M	24.2M
Capital Surpluse	459.3M	464.1M	473.3M	486.6M	559.5M	506.6M
Deferred Long Term Liab	9.8M	12.9M	16.6M	18.4M	21.2M	22.2M
Net Invested Capital	821.7M	911.1M	999.8M	1.1B	1.2B	968.8M
Net Working Capital	11.3M	98.8M	158.6M	189.1M	214.6M	225.3M
Capital Stock	524.2M	531.8M	536.3M	538.4M	551.2M	542.4M

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

0.88	AMZN	Amazon CDR	Pair Corr
0.81	GOOG	Alphabet CDR	Pair Corr
0.89	WMT	Walmart Inc CDR	Pair Corr

Moving against Descartes Stock

0.79

PFE

Pfizer Inc CDR

Pair Corr

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 Correlation Correlation 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:

How To Invest In Descartes

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Is Descartes Stock a good investment?

Details

What is Descartes Systems' Net Worth?

Details

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You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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.

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Descartes Historical Balance Sheet

Descartes Systems Inventory

613,280

About Descartes Balance Sheet Analysis

Descartes Systems Balance Sheet Chart

Total Assets

Total Current Liabilities

Common Stock Total Equity

Net Invested Capital

Descartes Systems balance sheet Correlations

Descartes Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Descartes Systems balance sheet Accounts

Pair Trading with Descartes Systems

Moving together with Descartes Stock

Moving against Descartes Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Non Current Assets Total	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Total Current Assets	- 0.98	Net Debt
Net Debt	- 0.92	Other Current Liab
Net Debt	- 0.9	Total Current Liabilities
Property Plant And Equipment Gross	- 0.89	Net Debt