Descartes Systems Group Balance Sheet Health
Financial Health criteria checks 6/6
Descartes Systems Group has a total shareholder equity of $1.1B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.3B and $216.7M respectively. Descartes Systems Group's EBIT is $135.9M making its interest coverage ratio -41.2. It has cash and short-term investments of $276.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -41.2x |
| Cash | US$276.39m |
| Equity | US$1.10b |
| Total liabilities | US$216.65m |
| Total assets | US$1.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DSG N's short term assets ($358.7M) exceed its short term liabilities ($169.6M).
Long Term Liabilities: DSG N's short term assets ($358.7M) exceed its long term liabilities ($47.1M).
Debt to Equity History and Analysis
Debt Level: DSG N is debt free.
Reducing Debt: DSG N has no debt compared to 5 years ago when its debt to equity ratio was 7.4%.
Debt Coverage: DSG N has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DSG N has no debt, therefore coverage of interest payments is not a concern.