Descartes Change In Cash vs Begin Period Cash Flow Analysis

DSGX Stock  USD 119.95  0.27  0.23%   
Descartes Systems financial indicator trend analysis is much more than just examining Descartes Systems latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Descartes Systems is a good investment. Please check the relationship between Descartes Systems Change In Cash and its Begin Period Cash Flow accounts. 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 price.

Change In Cash vs Begin Period Cash Flow

Change In Cash vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Descartes Systems Change In Cash account and Begin Period Cash Flow. At this time, the significance of the direction appears to have weak relationship.
The correlation between Descartes Systems' Change In Cash and Begin Period Cash Flow is 0.31. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Descartes Systems Group, assuming nothing else is changed. The correlation between historical values of Descartes Systems' Change In Cash and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Descartes Systems Group are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change In Cash i.e., Descartes Systems' Change In Cash and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change In Cash

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Descartes Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 price.
At this time, Descartes Systems' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.13 in 2024, whereas Selling General Administrative is likely to drop slightly above 31.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit322.9M372.7M434.6M456.4M
Total Revenue424.7M486.0M572.9M601.6M

Descartes Systems fundamental ratios Correlations

-0.590.860.981.00.69-0.840.830.810.870.990.950.870.950.60.940.050.970.9-0.080.930.60.990.96-0.650.91
-0.59-0.5-0.61-0.59-0.390.66-0.81-0.7-0.65-0.54-0.62-0.64-0.460.13-0.660.04-0.53-0.630.55-0.46-0.35-0.56-0.68-0.14-0.63
0.86-0.50.870.850.51-0.80.790.670.820.830.880.820.710.480.870.090.880.830.050.740.490.850.78-0.510.8
0.98-0.610.870.970.54-0.90.890.90.930.940.930.930.930.480.940.110.980.95-0.090.850.540.960.91-0.560.96
1.0-0.590.850.970.7-0.840.830.80.870.990.950.870.950.60.940.040.960.89-0.10.930.610.990.97-0.650.91
0.69-0.390.510.540.7-0.330.350.290.340.760.720.340.640.720.57-0.220.610.4-0.050.810.750.720.74-0.690.45
-0.840.66-0.8-0.9-0.84-0.33-0.85-0.85-0.99-0.74-0.81-0.99-0.77-0.31-0.88-0.34-0.82-0.980.24-0.6-0.55-0.78-0.770.33-0.89
0.83-0.810.790.890.830.35-0.850.910.860.780.850.860.740.090.87-0.020.830.86-0.170.670.320.820.83-0.160.88
0.81-0.70.670.90.80.29-0.850.910.880.740.770.880.80.130.860.110.840.89-0.210.620.370.780.75-0.240.89
0.87-0.650.820.930.870.34-0.990.860.880.780.831.00.810.330.90.320.871.0-0.20.640.530.810.79-0.370.91
0.99-0.540.830.940.990.76-0.740.780.740.780.940.780.940.650.9-0.050.950.81-0.040.980.591.00.97-0.710.86
0.95-0.620.880.930.950.72-0.810.850.770.830.940.830.870.550.91-0.020.930.850.00.870.670.950.92-0.560.87
0.87-0.640.820.930.870.34-0.990.860.881.00.780.830.810.330.90.330.871.0-0.20.640.530.810.79-0.370.91
0.95-0.460.710.930.950.64-0.770.740.80.810.940.870.810.620.850.060.930.85-0.010.890.590.940.89-0.70.88
0.60.130.480.480.60.72-0.310.090.130.330.650.550.330.620.440.170.560.380.120.70.640.610.53-0.950.38
0.94-0.660.870.940.940.57-0.880.870.860.90.90.910.90.850.440.130.920.92-0.120.810.570.920.89-0.490.84
0.050.040.090.110.04-0.22-0.34-0.020.110.32-0.05-0.020.330.060.170.130.10.3-0.38-0.140.09-0.02-0.09-0.10.08
0.97-0.530.880.980.960.61-0.820.830.840.870.950.930.870.930.560.920.10.890.00.880.530.960.89-0.640.9
0.9-0.630.830.950.890.4-0.980.860.891.00.810.851.00.850.380.920.30.89-0.180.690.560.840.81-0.420.93
-0.080.550.05-0.09-0.1-0.050.24-0.17-0.21-0.2-0.040.0-0.2-0.010.12-0.12-0.380.0-0.18-0.04-0.06-0.05-0.17-0.22-0.14
0.93-0.460.740.850.930.81-0.60.670.620.640.980.870.640.890.70.81-0.140.880.69-0.040.530.960.95-0.740.75
0.6-0.350.490.540.610.75-0.550.320.370.530.590.670.530.590.640.570.090.530.56-0.060.530.560.55-0.560.54
0.99-0.560.850.960.990.72-0.780.820.780.811.00.950.810.940.610.92-0.020.960.84-0.050.960.560.97-0.670.88
0.96-0.680.780.910.970.74-0.770.830.750.790.970.920.790.890.530.89-0.090.890.81-0.170.950.550.97-0.560.84
-0.65-0.14-0.51-0.56-0.65-0.690.33-0.16-0.24-0.37-0.71-0.56-0.37-0.7-0.95-0.49-0.1-0.64-0.42-0.22-0.74-0.56-0.67-0.56-0.46
0.91-0.630.80.960.910.45-0.890.880.890.910.860.870.910.880.380.840.080.90.93-0.140.750.540.880.84-0.46
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Descartes Systems Account Relationship Matchups

Descartes Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets942.6M1.1B1.2B1.3B1.5B1.5B
Short Long Term Debt Total13.4M13.1M11.4M7.3M7.0M6.6M
Other Current Liab36.2M38.9M113.2M148.1M92.4M97.0M
Total Current Liabilities88.9M104.3M133.4M169.6M203.6M213.8M
Total Stockholder Equity821.7M911.1M999.8M1.1B1.2B1.3B
Property Plant And Equipment Net26.6M24.3M21.4M18.2M17.8M11.7M
Net Debt(31.0M)(120.6M)(202.0M)(269.1M)(314.0M)(298.3M)
Retained Earnings(135.8M)(83.7M)2.6M104.8M220.8M231.8M
Accounts Payable7.7M8.0M10.6M10.6M17.5M18.4M
Cash44.4M133.7M213.4M276.4M321.0M337.0M
Non Current Assets Total842.4M860.2M893.4M957.4M1.1B1.1B
Non Currrent Assets Other13.5M15.6M18.7M22.2M26.8M17.4M
Cash And Short Term Investments44.4M133.7M213.4M276.4M321.0M337.0M
Net Receivables42.4M52.0M41.7M45.2M63.8M67.0M
Common Stock Shares Outstanding82.9M85.8M86.2M86.5M86.8M66.4M
Liabilities And Stockholders Equity942.6M1.1B1.2B1.3B1.5B1.5B
Other Current Assets13.0M16.9M36.0M24.7M33.3M34.9M
Other Stockholder Equity(388.4M)464.1M473.3M486.6M494.7M323.5M
Total Liab120.9M152.2M185.6M216.7M236.3M248.1M
Total Current Assets100.2M203.1M292.1M358.7M418.2M439.1M
Short Term Debt3.9M4.2M4.0M3.4M3.1M5.6M
Intangible Assets257.0M240.0M229.6M229.8M251.0M263.6M
Other Assets35.1M30.8M33.6M33.7M38.8M19.7M
Good Will523.7M565.2M608.8M675.6M760.4M798.4M
Common Stock Total Equity274.5M276.8M524.2M531.8M611.6M642.2M
Property Plant And Equipment Gross26.6M24.3M21.4M56.0M60.4M63.5M
Accumulated Other Comprehensive Income(25.9M)(1.2M)(12.4M)(30.5M)(28.6M)(27.2M)
Common Stock524.2M531.8M536.3M538.4M551.2M298.9M
Property Plant Equipment26.6M24.3M21.4M18.2M20.9M12.1M
Non Current Liabilities Total31.9M47.9M52.2M47.1M32.6M35.0M
Current Deferred Revenue41.1M49.9M56.8M67.8M84.0M88.2M
Other Liab22.5M39.0M44.8M43.1M49.6M52.1M
Net Tangible Assets41.1M105.9M161.4M193.9M223.0M234.2M
Inventory411K429K868K759K1.00.95
Deferred Long Term Liab9.8M12.9M16.6M18.4M21.2M22.2M
Net Invested Capital821.7M911.1M999.8M1.1B1.2B968.8M
Net Working Capital11.3M98.8M158.6M189.1M214.6M225.3M

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