Descartes Systems Group Inc (DSG) — Working Capital to Net Assets Ratio
Descartes Systems Group Inc (DSG) has a Working Capital to Net Assets ratio of 16.0% as of January 2026. Working capital of CA$256.68 Million (current assets of CA$478.04 Million minus current liabilities of CA$221.36 Million) is measured against net assets of CA$1.61 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See DSG equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Descartes Systems Group Inc Working Capital to Net Assets (1998–2026)
This chart shows how Descartes Systems Group Inc's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1998 to 2026. As of January 2026, the ratio stands at 16.0%, reflecting working capital of CA$256.68 Million against net assets of CA$1.61 Billion CAD. Check DSG goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Descartes Systems Group Inc (1998–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Descartes Systems Group Inc from 1998 to 2026, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market value of Descartes Systems Group Inc.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 16.0% | CA$256.68 Million | CA$1.61 Billion | CA$478.04 Million | CA$221.36 Million | ▲ +6.2 pp |
| 2025 | 9.8% | CA$133.12 Million | CA$1.36 Billion | CA$346.27 Million | CA$213.15 Million | ▼ -7.5 pp |
| 2024 | 17.3% | CA$213.29 Million | CA$1.23 Billion | CA$415.72 Million | CA$202.43 Million | ▲ +0.1 pp |
| 2023 | 17.2% | CA$188.94 Million | CA$1.10 Billion | CA$358.43 Million | CA$169.49 Million | ▲ +1.3 pp |
| 2022 | 15.9% | CA$158.66 Million | CA$1.00 Billion | CA$292.12 Million | CA$133.46 Million | ▲ +5.0 pp |
| 2021 | 10.8% | CA$98.57 Million | CA$908.96 Million | CA$202.59 Million | CA$104.02 Million | ▲ +9.5 pp |
| 2020 | 1.4% | CA$11.27 Million | CA$822.04 Million | CA$100.25 Million | CA$88.98 Million | ▲ +1.0 pp |
| 2019 | 0.4% | CA$1.87 Million | CA$532.82 Million | CA$72.15 Million | CA$70.28 Million | ▼ -1.1 pp |
| 2018 | 1.4% | CA$7.16 Million | CA$498.81 Million | CA$74.85 Million | CA$67.69 Million | ▼ -2.9 pp |
| 2017 | 4.4% | CA$18.73 Million | CA$430.38 Million | CA$72.53 Million | CA$53.80 Million | ▼ -4.4 pp |
| 2016 | 8.8% | CA$35.48 Million | CA$403.08 Million | CA$75.62 Million | CA$40.15 Million | ▼ -21.1 pp |
| 2015 | 29.9% | CA$117.49 Million | CA$393.52 Million | CA$158.56 Million | CA$41.06 Million | ▲ +3.5 pp |
| 2014 | 26.4% | CA$65.93 Million | CA$250.11 Million | CA$110.21 Million | CA$44.28 Million | ▲ +4.1 pp |
| 2013 | 22.3% | CA$52.81 Million | CA$236.98 Million | CA$80.97 Million | CA$28.15 Million | ▼ -13.5 pp |
| 2012 | 35.8% | CA$78.48 Million | CA$219.47 Million | CA$104.11 Million | CA$25.63 Million | ▼ -2.4 pp |
| 2011 | 38.2% | CA$78.69 Million | CA$206.11 Million | CA$101.94 Million | CA$23.25 Million | ▼ -12.9 pp |
| 2010 | 51.1% | CA$95.83 Million | CA$187.71 Million | CA$112.35 Million | CA$16.53 Million | ▲ +3.8 pp |
| 2009 | 47.3% | CA$63.10 Million | CA$133.45 Million | CA$74.58 Million | CA$11.48 Million | ▲ +3.7 pp |
| 2008 | 43.5% | CA$49.66 Million | CA$114.06 Million | CA$61.91 Million | CA$12.24 Million | ▲ +5.7 pp |
| 2007 | 37.9% | CA$23.75 Million | CA$62.68 Million | CA$32.32 Million | CA$8.58 Million | ▼ -42.7 pp |
| 2006 | 80.6% | CA$30.93 Million | CA$38.39 Million | CA$39.28 Million | CA$8.35 Million | ▲ +20.8 pp |
| 2005 | 59.7% | CA$21.41 Million | CA$35.84 Million | CA$58.36 Million | CA$36.94 Million | ▼ -1.2 pp |
| 2004 | 60.9% | CA$56.14 Million | CA$92.20 Million | CA$67.36 Million | CA$11.21 Million | ▲ +38.9 pp |
| 2003 | 22.0% | CA$34.03 Million | CA$154.72 Million | CA$49.59 Million | CA$15.56 Million | ▼ -21.8 pp |
| 2002 | 43.8% | CA$129.36 Million | CA$295.60 Million | CA$148.78 Million | CA$19.42 Million | ▼ -34.2 pp |
| 2001 | 77.9% | CA$234.13 Million | CA$300.49 Million | CA$259.61 Million | CA$25.47 Million | ▼ -9.1 pp |
| 2000 | 87.0% | CA$65.82 Million | CA$75.66 Million | CA$80.52 Million | CA$14.70 Million | ▲ +10.3 pp |
| 1999 | 76.7% | CA$36.20 Million | CA$47.20 Million | CA$51.20 Million | CA$15.00 Million | ▲ +30.0 pp |
| 1998 | 46.7% | CA$33.17 Million | CA$71.08 Million | CA$48.24 Million | CA$15.07 Million | — |