Descartes Net Income from 2010 to 2024
| DSGX Stock | USD 94.85 2.06 2.22% |
Net Income | First Reported 1997-07-31 | Previous Quarter 26.6 M | Current Value 31.8 M | Quarterly Volatility 15.7 M |
Check Descartes Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Descartes main balance sheet or income statement drivers, such as Depreciation And Amortization of 69.6 M, Interest Expense of 1.4 M or Total Revenue of 604 M, as well as many exotic indicators such as Price To Sales Ratio of 13.6, Dividend Yield of 0.0 or PTB Ratio of 6.36. Descartes financial statements analysis is a perfect complement when working with Descartes Systems Valuation or Volatility modules.
Descartes | Net Income |
Latest Descartes Systems' Net Income Growth Pattern
Below is the plot of the Net Income of Descartes Systems Group over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Descartes Systems financial statement analysis. It represents the amount of money remaining after all of Descartes Systems Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Descartes Systems' Net Income 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.
| View | Last Reported 116.37 M | 10 Years Trend |
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Net Income |
| Timeline |
Descartes Net Income Regression Statistics
| Arithmetic Mean | 43,918,389 | |
| Coefficient Of Variation | 95.91 | |
| Mean Deviation | 34,484,721 | |
| Median | 26,879,000 | |
| Standard Deviation | 42,123,765 | |
| Sample Variance | 1774.4T | |
| Range | 133.4M | |
| R-Value | 0.93 | |
| Mean Square Error | 266.7T | |
| R-Squared | 0.86 | |
| Slope | 8,737,132 | |
| Total Sum of Squares | 24841.8T |
Descartes Net Income History
Other Fundumenentals of Descartes Systems
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Descartes Systems Net Income component correlations
About Descartes Systems Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Descartes Systems income statement, its balance sheet, and the statement of cash flows. Descartes Systems investors use historical funamental indicators, such as Descartes Systems's Net Income, to determine how well the company is positioned to perform in the future. Although Descartes Systems investors may use each financial statement separately, they are all related. The changes in Descartes Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Descartes Systems's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Descartes Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Descartes Systems. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income | 116.4 M | 122.2 M | |
| Net Income Applicable To Common Shares | 117.6 M | 123.4 M | |
| Net Income From Continuing Ops | 115.9 M | 121.7 M | |
| Net Income Per Share | 1.36 | 1.43 | |
| Net Income Per E B T | 0.76 | 1.20 |
Descartes Systems Investors Sentiment
The influence of Descartes Systems' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Descartes. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Descartes Systems' public news can be used to forecast risks associated with an investment in Descartes. The trend in average sentiment can be used to explain how an investor holding Descartes can time the market purely based on public headlines and social activities around Descartes Systems Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Descartes Systems' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Descartes Systems' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Descartes Systems' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Descartes Systems.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Descartes Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Descartes Systems' short interest history, or implied volatility extrapolated from Descartes Systems options trading.
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 against Descartes Stock
| 0.63 | U | Unity Software Aggressive Push | PairCorr |
| 0.61 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.61 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.6 | DMAN | Innovativ Media Group | PairCorr |
| 0.5 | PD | Pagerduty Financial Report 6th of June 2024 | PairCorr |
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.Check out the analysis of Descartes Systems Correlation against competitors. Note that the Descartes Systems information on this page should be used as a complementary analysis to other Descartes Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary 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.
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Is Descartes Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Descartes Systems. If investors know Descartes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Descartes Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.088 | Earnings Share 1.34 | Revenue Per Share 6.735 | Quarterly Revenue Growth 0.184 | Return On Assets 0.0737 |
The market value of Descartes Systems is measured differently than its book value, which is the value of Descartes that is recorded on the company's balance sheet. Investors also form their own opinion of Descartes Systems' value that differs from its market value or its book value, called intrinsic value, which is Descartes Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Descartes Systems' market value can be influenced by many factors that don't directly affect Descartes Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.