Descartes Historical Financial Ratios

DSG Stock

CAD 164.74 1.65 1.01%

Descartes Systems is recently reporting on over 96 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 6.42 or Days Sales Outstanding of 38.59 will help investors to properly organize and evaluate Descartes Systems financial condition quickly.

Quick Ratio Current Ratio

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 Financial Ratios Analysis

Descartes SystemsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Descartes Systems investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Descartes financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Descartes Systems history.

Descartes Systems Financial Ratios Chart

At this time, Descartes Systems' Stock Based Compensation To Revenue is very stable compared to the past year. As of the 29th of November 2024, PB Ratio is likely to grow to 6.42, while Days Sales Outstanding is likely to drop 38.59.

Price To Sales Ratio Days Sales Outstanding Book Value Per Share Days Of Inventory On Hand Return On Assets

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Price To Sales Ratio

Price to Sales Ratio is figured by comparing Descartes Systems stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Descartes Systems sales, a figure that is much harder to manipulate than other Descartes Systems Group multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Return On Assets

A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.

Most ratios from Descartes Systems' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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)
Days Sales Outstanding	35.84	33.93	40.62	38.59
PTB Ratio	6.15	5.62	6.12	6.42

Days Sales Outstanding Ptb Ratio

Descartes Systems fundamentals Correlations

	Price To Sales Ratio	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Average Payables	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Average Inventory	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality	Roe
Price To Sales Ratio		0.96	-0.68	0.9	0.28	0.91	-0.01	-0.55	0.96	0.99	0.87	0.57	0.11	0.81	-0.25	0.32	-0.43	-0.42	0.45	0.73	-0.47	0.35	0.8	-0.38	-0.08	0.55
Ptb Ratio	0.96		-0.77	0.86	0.44	0.96	-0.08	-0.67	1.0	0.97	0.95	0.71	0.19	0.9	-0.11	0.35	-0.5	-0.56	0.41	0.82	-0.48	0.5	0.86	-0.49	0.03	0.69
Days Sales Outstanding	-0.68	-0.77		-0.45	-0.87	-0.72	0.59	0.96	-0.77	-0.74	-0.86	-0.93	-0.34	-0.83	-0.02	-0.72	0.21	0.93	0.1	-0.97	0.4	-0.91	-0.93	0.92	-0.46	-0.93
Book Value Per Share	0.9	0.86	-0.45		0.04	0.92	0.33	-0.3	0.86	0.86	0.8	0.42	-0.06	0.78	-0.27	0.05	-0.64	-0.18	0.74	0.51	-0.35	0.1	0.6	-0.1	-0.37	0.38
Free Cash Flow Yield	0.28	0.44	-0.87	0.04		0.41	-0.75	-0.94	0.44	0.36	0.61	0.91	0.24	0.62	0.36	0.63	-0.06	-0.99	-0.36	0.84	-0.18	0.99	0.75	-0.95	0.65	0.92
Operating Cash Flow Per Share	0.91	0.96	-0.72	0.92	0.41		0.02	-0.62	0.96	0.91	0.97	0.73	0.02	0.96	-0.07	0.26	-0.6	-0.53	0.57	0.76	-0.39	0.46	0.79	-0.43	-0.09	0.7
Average Payables	-0.01	-0.08	0.59	0.33	-0.75	0.02		0.66	-0.08	-0.09	-0.18	-0.51	-0.29	-0.16	-0.24	-0.69	-0.61	0.71	0.69	-0.51	0.11	-0.74	-0.42	0.82	-0.72	-0.55
Capex To Depreciation	-0.55	-0.67	0.96	-0.3	-0.94	-0.62	0.66		-0.67	-0.62	-0.78	-0.93	-0.28	-0.76	-0.23	-0.69	0.16	0.98	0.2	-0.95	0.43	-0.95	-0.88	0.95	-0.61	-0.94
Pb Ratio	0.96	1.0	-0.77	0.86	0.44	0.96	-0.08	-0.67		0.97	0.95	0.71	0.19	0.9	-0.11	0.35	-0.5	-0.56	0.41	0.82	-0.48	0.5	0.86	-0.49	0.03	0.69
Ev To Sales	0.99	0.97	-0.74	0.86	0.36	0.91	-0.09	-0.62	0.97		0.89	0.63	0.16	0.83	-0.22	0.38	-0.4	-0.5	0.37	0.79	-0.49	0.43	0.85	-0.46	0.0	0.61
Free Cash Flow Per Share	0.87	0.95	-0.86	0.8	0.61	0.97	-0.18	-0.78	0.95	0.89		0.86	0.09	0.99	0.02	0.4	-0.53	-0.71	0.4	0.88	-0.39	0.66	0.89	-0.63	0.1	0.84
Roic	0.57	0.71	-0.93	0.42	0.91	0.73	-0.51	-0.93	0.71	0.63	0.86		0.19	0.89	0.22	0.53	-0.35	-0.94	-0.01	0.93	-0.21	0.93	0.89	-0.87	0.34	1.0
Inventory Turnover	0.11	0.19	-0.34	-0.06	0.24	0.02	-0.29	-0.28	0.19	0.16	0.09	0.19		0.06	-0.52	0.62	0.11	-0.27	-0.47	0.3	-0.32	0.27	0.31	-0.38	0.19	0.2
Net Income Per Share	0.81	0.9	-0.83	0.78	0.62	0.96	-0.16	-0.76	0.9	0.83	0.99	0.89	0.06		0.06	0.34	-0.57	-0.72	0.42	0.86	-0.3	0.67	0.86	-0.61	0.03	0.87
Days Of Inventory On Hand	-0.25	-0.11	-0.02	-0.27	0.36	-0.07	-0.24	-0.23	-0.11	-0.22	0.02	0.22	-0.52	0.06		-0.26	0.01	-0.29	-0.08	0.06	0.11	0.3	-0.03	-0.14	0.45	0.23
Payables Turnover	0.32	0.35	-0.72	0.05	0.63	0.26	-0.69	-0.69	0.35	0.38	0.4	0.53	0.62	0.34	-0.26		0.25	-0.66	-0.44	0.62	-0.42	0.65	0.57	-0.82	0.52	0.55
Average Inventory	-0.43	-0.5	0.21	-0.64	-0.06	-0.6	-0.61	0.16	-0.5	-0.4	-0.53	-0.35	0.11	-0.57	0.01	0.25		0.12	-0.64	-0.29	0.09	-0.09	-0.34	-0.07	0.34	-0.3
Capex To Revenue	-0.42	-0.56	0.93	-0.18	-0.99	-0.53	0.71	0.98	-0.56	-0.5	-0.71	-0.94	-0.27	-0.72	-0.29	-0.66	0.12		0.28	-0.91	0.25	-1.0	-0.84	0.96	-0.61	-0.95
Cash Per Share	0.45	0.41	0.1	0.74	-0.36	0.57	0.69	0.2	0.41	0.37	0.4	-0.01	-0.47	0.42	-0.08	-0.44	-0.64	0.28		-0.05	-0.01	-0.33	0.03	0.4	-0.61	-0.04
Pocfratio	0.73	0.82	-0.97	0.51	0.84	0.76	-0.51	-0.95	0.82	0.79	0.88	0.93	0.3	0.86	0.06	0.62	-0.29	-0.91	-0.05		-0.35	0.88	0.99	-0.87	0.39	0.93
Interest Coverage	-0.47	-0.48	0.4	-0.35	-0.18	-0.39	0.11	0.43	-0.48	-0.49	-0.39	-0.21	-0.32	-0.3	0.11	-0.42	0.09	0.25	-0.01	-0.35		-0.18	-0.31	0.29	-0.36	-0.21
Capex To Operating Cash Flow	0.35	0.5	-0.91	0.1	0.99	0.46	-0.74	-0.95	0.5	0.43	0.66	0.93	0.27	0.67	0.3	0.65	-0.09	-1.0	-0.33	0.88	-0.18		0.81	-0.96	0.61	0.94
Pfcf Ratio	0.8	0.86	-0.93	0.6	0.75	0.79	-0.42	-0.88	0.86	0.85	0.89	0.89	0.31	0.86	-0.03	0.57	-0.34	-0.84	0.03	0.99	-0.31	0.81		-0.79	0.27	0.88
Days Payables Outstanding	-0.38	-0.49	0.92	-0.1	-0.95	-0.43	0.82	0.95	-0.49	-0.46	-0.63	-0.87	-0.38	-0.61	-0.14	-0.82	-0.07	0.96	0.4	-0.87	0.29	-0.96	-0.79		-0.65	-0.88
Income Quality	-0.08	0.03	-0.46	-0.37	0.65	-0.09	-0.72	-0.61	0.03	0.0	0.1	0.34	0.19	0.03	0.45	0.52	0.34	-0.61	-0.61	0.39	-0.36	0.61	0.27	-0.65		0.37
Roe	0.55	0.69	-0.93	0.38	0.92	0.7	-0.55	-0.94	0.69	0.61	0.84	1.0	0.2	0.87	0.23	0.55	-0.3	-0.95	-0.04	0.93	-0.21	0.94	0.88	-0.88	0.37

Click cells to compare fundamentals

Descartes Systems Account Relationship Matchups

Descartes Systems fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Price To Sales Ratio	11.23	15.23	14.49	12.72	13.22	13.88
Ptb Ratio	4.45	5.83	6.15	5.62	6.12	6.42
Days Sales Outstanding	39.34	38.95	35.84	33.93	40.62	38.59
Book Value Per Share	10.06	10.8	11.82	12.97	14.31	15.03
Free Cash Flow Yield	0.0272	0.024	0.0278	0.0301	0.0267	0.028
Operating Cash Flow Per Share	1.28	1.56	2.08	2.27	2.4	2.52
Stock Based Compensation To Revenue	0.0151	0.0181	0.0259	0.0281	0.0288	0.0302
Capex To Depreciation	0.0796	0.061	0.0752	0.0928	0.0843	0.0801
Pb Ratio	4.45	5.83	6.15	5.62	6.12	6.42
Ev To Sales	11.13	14.89	14.01	12.17	12.67	13.31
Free Cash Flow Per Share	1.22	1.51	2.03	2.2	2.34	2.45
Roic	0.049	0.058	0.087	0.0907	0.1	0.11
Inventory Turnover	208.57	209.58	117.29	149.31	134.38	171.19
Net Income Per Share	0.45	0.62	1.02	1.21	1.34	1.41
Days Of Inventory On Hand	1.75	1.74	3.11	2.44	2.81	2.67
Payables Turnover	11.18	11.3	9.64	10.72	7.91	6.84
Capex To Revenue	0.015	0.0108	0.0114	0.0125	0.00971	0.009224
Cash Per Share	0.54	1.58	2.52	3.26	3.71	3.9
Pocfratio	35.09	40.47	34.94	32.14	36.47	38.3
Interest Coverage	11.83	60.2	92.11	111.77	120.69	114.65
Capex To Operating Cash Flow	0.047	0.0286	0.0274	0.0316	0.0268	0.0281
Pfcf Ratio	36.82	41.67	35.92	33.19	37.48	39.35
Days Payables Outstanding	32.65	32.29	37.88	34.04	46.15	66.18
Income Quality	2.82	2.52	2.04	1.88	1.79	1.34
Roe	0.045	0.0572	0.0863	0.093	0.0936	0.0983
Ev To Operating Cash Flow	34.79	39.56	33.79	30.74	34.96	36.71
Pe Ratio	98.87	101.95	71.32	60.49	65.35	68.62
Ev To Free Cash Flow	36.51	40.72	34.74	31.75	35.92	37.72
Earnings Yield	0.0131	0.0101	0.009809	0.0165	0.0153	0.0161
Net Debt To E B I T D A	(0.27)	(0.91)	(1.2)	(1.34)	(1.44)	(1.37)
Current Ratio	1.13	1.95	2.19	2.11	2.05	4.07
Tangible Book Value Per Share	(0.27)	0.5	1.26	1.91	2.29	2.62
Receivables Turnover	9.28	9.37	10.18	10.76	8.99	4.89
Graham Number	10.13	12.25	16.47	18.76	20.77	21.81
Shareholders Equity Per Share	10.06	10.8	11.82	12.97	14.31	15.03

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

0.89	WMT	Walmart Inc CDR	Pair Corr
0.88	AMZN	Amazon 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?

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What is Descartes Systems' Net Worth?

Details

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You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

Descartes Historical Financial Ratios

About Descartes Financial Ratios Analysis

Descartes Systems Financial Ratios Chart

Price To Sales Ratio

Book Value Per Share

Return On Assets

Descartes Systems fundamentals Correlations

Descartes Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Descartes Systems fundamentals Accounts

Pair Trading with Descartes Systems

Moving together with Descartes Stock

COMMON DESTINATIONS

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COMPANY

Pb Ratio	+ 1.0	Ptb Ratio
Roe	+ 1.0	Roic
Ev To Sales	+ 0.99	Price To Sales Ratio
Capex To Operating Cash Flow	+ 0.99	Free Cash Flow Yield
Net Income Per Share	+ 0.99	Free Cash Flow Per Share
Pfcf Ratio	+ 0.99	Pocfratio

Capex To Operating Cash Flow	- 1.0	Capex To Revenue
Capex To Revenue	- 0.99	Free Cash Flow Yield
Pocfratio	- 0.97	Days Sales Outstanding
Days Payables Outstanding	- 0.96	Capex To Operating Cash Flow
Roe	- 0.95	Capex To Revenue
Capex To Operating Cash Flow	- 0.95	Capex To Depreciation