Descartes Systems Group Inc (DSG) — Tangible Net Worth Ratio
Descartes Systems Group Inc (DSG) has a Tangible Net Worth Ratio of 79.5% as of January 2026. This metric is calculated by deducting intangible assets (CA$329.29 Million) from net assets (CA$1.61 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See DSG net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Descartes Systems Group Inc Tangible Net Worth Ratio (1998–2026)
This chart shows how Descartes Systems Group Inc's Tangible Net Worth Ratio has changed across 29 annual periods from 1998 to 2026. As of January 2026, the ratio stands at 79.5%, reflecting net assets of CA$1.61 Billion with intangible assets of CA$329.29 Million CAD. See Descartes Systems Group Inc (DSG) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Descartes Systems Group Inc (1998–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Descartes Systems Group Inc from 1998 to 2026, covering 29 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Descartes Systems Group Inc (DSG) total market value.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 79.5% | CA$1.61 Billion | CA$329.29 Million | CA$1.88 Billion | ▲ +2.7 pp |
| 2025 | 76.8% | CA$1.36 Billion | CA$315.53 Million | CA$1.62 Billion | ▼ -2.9 pp |
| 2024 | 79.7% | CA$1.23 Billion | CA$249.57 Million | CA$1.47 Billion | ▲ +0.6 pp |
| 2023 | 79.1% | CA$1.10 Billion | CA$229.66 Million | CA$1.32 Billion | ▲ +2.1 pp |
| 2022 | 77.0% | CA$1.00 Billion | CA$229.66 Million | CA$1.19 Billion | ▲ +3.4 pp |
| 2021 | 73.7% | CA$908.96 Million | CA$239.44 Million | CA$1.06 Billion | ▲ +4.9 pp |
| 2020 | 68.7% | CA$822.04 Million | CA$257.06 Million | CA$942.97 Million | ▲ +1.8 pp |
| 2019 | 67.0% | CA$532.82 Million | CA$175.96 Million | CA$652.49 Million | ▲ +2.7 pp |
| 2018 | 64.3% | CA$498.81 Million | CA$178.00 Million | CA$624.88 Million | ▼ -1.9 pp |
| 2017 | 66.2% | CA$430.38 Million | CA$145.37 Million | CA$500.29 Million | ▼ -0.6 pp |
| 2016 | 66.8% | CA$403.08 Million | CA$133.91 Million | CA$453.97 Million | ▼ -3.7 pp |
| 2015 | 70.5% | CA$393.52 Million | CA$116.05 Million | CA$447.76 Million | ▲ +8.3 pp |
| 2014 | 62.2% | CA$250.11 Million | CA$94.63 Million | CA$344.41 Million | ▼ -7.8 pp |
| 2013 | 69.9% | CA$236.98 Million | CA$71.28 Million | CA$274.84 Million | ▼ -8.7 pp |
| 2012 | 78.6% | CA$219.47 Million | CA$46.88 Million | CA$260.01 Million | ▼ -1.6 pp |
| 2011 | 80.2% | CA$206.11 Million | CA$40.82 Million | CA$241.97 Million | ▼ -8.6 pp |
| 2010 | 88.8% | CA$187.71 Million | CA$21.04 Million | CA$208.01 Million | ▲ +0.5 pp |
| 2009 | 88.3% | CA$133.45 Million | CA$15.63 Million | CA$147.28 Million | ▲ +5.1 pp |
| 2008 | 83.2% | CA$114.06 Million | CA$19.14 Million | CA$127.89 Million | ▲ +0.7 pp |
| 2007 | 82.5% | CA$62.68 Million | CA$10.94 Million | CA$71.26 Million | ▼ -2.7 pp |
| 2006 | 85.3% | CA$38.39 Million | CA$5.65 Million | CA$46.74 Million | ▲ +8.0 pp |
| 2005 | 77.3% | CA$35.84 Million | CA$8.13 Million | CA$72.79 Million | ▲ +5.8 pp |
| 2004 | 71.5% | CA$92.20 Million | CA$26.30 Million | CA$128.76 Million | ▼ -8.4 pp |
| 2003 | 79.8% | CA$154.72 Million | CA$31.21 Million | CA$242.28 Million | ▲ +27.7 pp |
| 2002 | 52.2% | CA$295.60 Million | CA$141.42 Million | CA$388.52 Million | ▼ -8.1 pp |
| 2001 | 60.3% | CA$300.49 Million | CA$119.30 Million | CA$400.96 Million | ▼ -33.2 pp |
| 2000 | 93.5% | CA$75.66 Million | CA$4.92 Million | CA$90.36 Million | ▲ +6.6 pp |
| 1999 | 86.9% | CA$47.20 Million | CA$6.20 Million | CA$62.20 Million | ▲ +36.8 pp |
| 1998 | 50.0% | CA$71.08 Million | CA$35.51 Million | CA$86.15 Million | — |