The Descartes Systems Group Inc. (TSX:DSG)

TSX:DSG Balance Sheet

Financials in millions USD. Fiscal year is February - January.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Cash & Equivalents	240.63	236.14	320.95	276.39	213.44	133.66
Cash & Short-Term Investments	240.63	236.14	320.95	276.39	213.44	133.66
Cash Growth	-4.76%	-26.43%	16.13%	29.49%	59.69%	201.02%
Accounts Receivable	61.34	53.95	51.57	45.17	41.71	37.21
Other Receivables	18.76	16.93	12.19	11.27	13.77	14.59
Receivables	80.1	70.88	63.76	56.45	55.47	51.8
Inventory	0.53	0.72	0.35	-	0.87	0.43
Prepaid Expenses	19.31	18.46	16.91	13.83	11.11	8.94
Other Current Assets	20.11	26.37	16.21	11.99	11.17	8.24
Total Current Assets	360.69	352.57	418.18	358.65	292.06	203.07
Property, Plant & Equipment	20.94	20.1	17.81	18.21	21.39	24.25
Goodwill	992.52	924.76	760.41	675.65	608.76	565.18
Other Intangible Assets	350	321.27	251.05	229.81	229.61	239.99
Long-Term Deferred Tax Assets	5.35	3.8	2.1	11.48	14.96	15.22
Long-Term Deferred Charges	21.9	19	18.6	18.4	16.6	12.9
Other Long-Term Assets	4.63	5.89	6.14	3.85	2.05	2.65
Total Assets	1,756	1,647	1,474	1,316	1,185	1,063
Accounts Payable	16.13	20.65	17.48	10.57	10.57	7.96
Accrued Expenses	60.71	70.98	56.68	80.31	56.44	38.88
Current Portion of Leases	3.34	3.18	3.08	3.4	4.03	4.17
Current Income Taxes Payable	7.46	9.31	6.73	7.54	5.62	3.38
Current Unearned Revenue	116.87	104.23	84.51	67.78	56.78	49.88
Other Current Liabilities	7.39	8.67	35.15	-	-	-
Total Current Liabilities	211.89	217.03	203.63	169.6	133.43	104.26
Long-Term Leases	4.64	4.72	3.9	3.92	7.38	8.9
Long-Term Unearned Revenue	1.31	0.98	1.46	1.62	1.92	1.41
Long-Term Deferred Tax Liabilities	32.17	34.13	21.1	35.4	35.52	29.39
Other Long-Term Liabilities	6.13	5.53	6.15	6.12	7.35	8.23
Total Liabilities	256.14	262.38	236.25	216.65	185.61	152.19
Common Stock	583.36	568.34	551.16	538.45	536.3	531.83
Additional Paid-In Capital	498.81	503.13	494.7	486.55	473.3	464.1
Retained Earnings	438.29	364.03	220.76	104.85	2.61	-83.67
Comprehensive Income & Other	-20.58	-50.5	-28.59	-30.46	-12.39	-1.19
Shareholders' Equity	1,500	1,385	1,238	1,099	999.82	911.07
Total Liabilities & Equity	1,756	1,647	1,474	1,316	1,185	1,063
Total Debt	7.97	7.9	6.98	7.32	11.41	13.06
Net Cash (Debt)	232.66	228.24	313.97	269.07	202.03	120.6
Net Cash Growth	-5.20%	-27.30%	16.69%	33.18%	67.52%	289.05%
Net Cash Per Share	2.66	2.61	3.62	3.11	2.34	1.41
Filing Date Shares Outstanding	85.94	85.61	85.18	84.82	84.76	84.5
Total Common Shares Outstanding	85.93	85.61	85.18	84.82	84.76	84.49
Working Capital	148.8	135.54	214.55	189.06	158.63	98.8
Book Value Per Share	17.45	16.18	14.53	12.96	11.80	10.78
Tangible Book Value	157.36	138.98	226.57	193.94	161.45	105.9
Tangible Book Value Per Share	1.83	1.62	2.66	2.29	1.90	1.25
Machinery	48.13	42.88	52.69	47.77	44.13	40.62
Construction In Progress	-	0.04	0.5	0.36	0.52	1
Leasehold Improvements	0.72	0.72	0.99	1.08	0.82	0.81

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.