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The Descartes Systems Group (The Descartes Systems Group) Retained Earnings : $220.8 Mil (As of Jan. 2024)


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What is The Descartes Systems Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The Descartes Systems Group's retained earnings for the quarter that ended in Jan. 2024 was $220.8 Mil.

The Descartes Systems Group's quarterly retained earnings increased from Jul. 2023 ($162.3 Mil) to Oct. 2023 ($188.9 Mil) and increased from Oct. 2023 ($188.9 Mil) to Jan. 2024 ($220.8 Mil).

The Descartes Systems Group's annual retained earnings increased from Jan. 2022 ($2.6 Mil) to Jan. 2023 ($104.8 Mil) and increased from Jan. 2023 ($104.8 Mil) to Jan. 2024 ($220.8 Mil).


The Descartes Systems Group Retained Earnings Historical Data

The historical data trend for The Descartes Systems Group's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Descartes Systems Group Retained Earnings Chart

The Descartes Systems Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -135.77 -83.67 2.61 104.85 220.76

The Descartes Systems Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 104.85 134.20 162.32 188.92 220.76

The Descartes Systems Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


The Descartes Systems Group  (NAS:DSGX) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


The Descartes Systems Group (The Descartes Systems Group) Business Description

Traded in Other Exchanges
Address
120 Randall Drive, Waterloo, ON, CAN, N2V 1C6
The Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. The core product is the Global Logistics Network, which is best understood as transaction driven. Descartes charges clients to send/receive messages, data, and documents on the GLN (the transactions). Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows for Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.

The Descartes Systems Group (The Descartes Systems Group) Headlines

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