Descartes Systems Group Balance Sheet Health
Financial Health criteria checks 6/6
Descartes Systems Group has a total shareholder equity of $1.2B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.5B and $236.3M respectively. Descartes Systems Group's EBIT is $164.5M making its interest coverage ratio -19.8. It has cash and short-term investments of $321.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -19.8x |
| Cash | US$320.95m |
| Equity | US$1.24b |
| Total liabilities | US$236.25m |
| Total assets | US$1.47b |
Recent financial health updates
No updates
Recent updates
Descartes Systems: Adding To Its M&A Track Record
Mar 31Descartes Systems GAAP EPS of $0.27 in-line, revenue of $123M beats by $4.28M
Sep 07Descartes Systems: Growing Along
Jun 18Descartes Systems: Logistics Tech Platform Is A Supply Chain Disruptions Winner
Jun 07Buy Descartes Systems Before Shares Rebound
Mar 16Descartes Systems: Riding High On Supply Chain Issues
Dec 06Descartes Systems: Growth By Smart Acquisitions
Jul 16Descartes buys Portrix Logistics Software for $26.7M
May 10Descartes Systems EPS beats by $0.01, beats on revenue
Dec 02Descartes Systems upgraded at Stephens as pandemic tailwind drives value
Nov 13Descartes Systems Group: E-Commerce Facilitator Roll-Up Play
Nov 10Financial Position Analysis
Short Term Liabilities: DSGX's short term assets ($418.2M) exceed its short term liabilities ($203.6M).
Long Term Liabilities: DSGX's short term assets ($418.2M) exceed its long term liabilities ($32.6M).
Debt to Equity History and Analysis
Debt Level: DSGX is debt free.
Reducing Debt: DSGX has no debt compared to 5 years ago when its debt to equity ratio was 4.8%.
Debt Coverage: DSGX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DSGX has no debt, therefore coverage of interest payments is not a concern.