Descartes Interest Expense from 2010 to 2024

DSGX Stock  USD 116.27  0.83  0.71%   
Descartes Systems Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2000-01-31
Previous Quarter
273 K
Current Value
243 K
Quarterly Volatility
548.9 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Descartes Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Descartes Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 69.3 M, Interest Expense of 1.4 M or Total Revenue of 601.6 M, as well as many indicators such as Price To Sales Ratio of 13.88, Dividend Yield of 0.0 or PTB Ratio of 6.42. Descartes financial statements analysis is a perfect complement when working with Descartes Systems Valuation or Volatility modules.
  
Check out the analysis of Descartes Systems Correlation against competitors.

Latest Descartes Systems' Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Descartes Systems Group over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Descartes Systems' Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Descartes Systems' overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Descartes Interest Expense Regression Statistics

Arithmetic Mean1,158,610
Geometric Mean0.00
Coefficient Of Variation93.21
Mean Deviation650,384
Median1,123,000
Standard Deviation1,079,989
Sample Variance1.2T
Range4.4M
R-Value0.50
Mean Square Error940.9B
R-Squared0.25
Significance0.06
Slope120,968
Total Sum of Squares16.3T

Descartes Interest Expense History

20241.4 M
20231.4 M
20221.2 M
20211.1 M
20201.2 M
20194.4 M
20182.1 M

About Descartes Systems Financial Statements

Descartes Systems investors use historical fundamental indicators, such as Descartes Systems' Interest Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Descartes Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense1.4 M1.4 M

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Additional Tools for Descartes Stock Analysis

When running Descartes Systems' price analysis, check to measure Descartes Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Descartes Systems is operating at the current time. Most of Descartes Systems' value examination focuses on studying past and present price action to predict the probability of Descartes Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Descartes Systems' price. Additionally, you may evaluate how the addition of Descartes Systems to your portfolios can decrease your overall portfolio volatility.