Descartes Systems Group Balance Sheet Health
Financial Health criteria checks 6/6
Descartes Systems Group has a total shareholder equity of $1.4B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.6B and $263.0M respectively. Descartes Systems Group's EBIT is $184.6M making its interest coverage ratio -15.5. It has cash and short-term investments of $181.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -15.5x |
| Cash | US$181.28m |
| Equity | US$1.36b |
| Total liabilities | US$262.98m |
| Total assets | US$1.62b |
Recent financial health updates
No updates
Recent updates
Descartes Systems: Riding Supply Chain Complexity To Growing Profits
Oct 09Descartes 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 ($293.6M) exceed its short term liabilities ($218.9M).
Long Term Liabilities: DSGX's short term assets ($293.6M) exceed its long term liabilities ($44.1M).
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 1.1%.
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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 19:30 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Descartes Systems Group Inc. is covered by 32 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Raimo Lenschow | Barclays |
| Gabriel Leung | Beacon Securities Limited |