Descartes Systems Group annual debt-to-equity ratio
2014
2018
2019
2020
2021
2022
2023
2024
2025
2026
Descartes Systems Group Debt-to-Equity Ratio Growth & History (DSGX)
Descartes Systems Group's debt-to-equity ratio was 0.01 for fiscal 2026.
View full Descartes Systems Group company overviewDescartes Systems Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-01-31 | 0.01 | −0.00 | −9.39% |
| 2025 | 2025-01-31 | 0.01 | 0.00 | +1.15% |
| 2024 | 2024-01-31 | 0.01 | −0.00 | −15.35% |
| 2023 | 2023-01-31 | 0.01 | −0.00 | −41.66% |
| 2022 | 2022-01-31 | 0.01 | −0.00 | −20.40% |
| 2021 | 2021-01-31 | 0.01 | −0.00 | −12.11% |
| 2020 | 2020-01-31 | 0.02 | −0.03 | −65.82% |
| 2019 | 2019-01-31 | 0.05 | −0.03 | −35.65% |
| 2018 | 2018-01-31 | 0.07 | — | — |
| 2014 | 2014-01-31 | 0.16 | — | — |
Descartes Systems Group quarterly debt-to-equity ratio
Q4.14
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q2.23
Q2.24
Q4.24
Q2.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-04-30 | 0.00 | −0.00 | −8.75% |
| Q4 2026 | 2026-01-31 | 0.01 | −0.00 | −9.39% |
| Q3 2026 | 2025-10-31 | 0.00 | — | — |
| Q2 2026 | 2025-07-31 | 0.01 | −0.00 | −3.76% |
| Q1 2026 | 2025-04-30 | 0.01 | — | — |
| Q4 2025 | 2025-01-31 | 0.01 | 0.00 | +1.15% |
| Q2 2025 | 2024-07-31 | 0.01 | 0.00 | +5.36% |
| Q4 2024 | 2024-01-31 | 0.01 | — | — |
| Q2 2024 | 2023-07-31 | 0.01 | −0.00 | −37.41% |
| Q2 2023 | 2022-07-31 | 0.01 | — | — |
| Q4 2022 | 2022-01-31 | 0.01 | −0.00 | −20.40% |
| Q4 2021 | 2021-01-31 | 0.01 | −0.00 | −12.11% |
| Q4 2020 | 2020-01-31 | 0.02 | −0.03 | −65.82% |
| Q4 2019 | 2019-01-31 | 0.05 | −0.03 | −35.65% |
| Q4 2018 | 2018-01-31 | 0.07 | — | — |
| Q4 2014 | 2014-01-31 | 0.16 | — | — |
Descartes Systems Group debt-to-equity ratio trends
Over the last five fiscal years, Descartes Systems Group's debt-to-equity ratio decreased from 0.01 to 0.01, a change of −0.01. The latest reported quarter, Q1 2027, shows 0.00.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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