Descartes Tax Provision from 2010 to 2025

DSGX Stock  USD 102.92  1.77  1.75%   
Descartes Systems Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2025. Tax Provision is the amount set aside by Descartes Systems Group to cover any estimated taxes for the current period. It reflects Descartes Systems' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-01-31
Previous Quarter
13.6 M
Current Value
11.9 M
Quarterly Volatility
3.4 M
 
Covid
Check Descartes Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Descartes Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 78.7 M, Interest Expense of 1.6 M or Total Revenue of 683.5 M, as well as many indicators such as Price To Sales Ratio of 6.14, Dividend Yield of 0.0 or PTB Ratio of 2.99. Descartes financial statements analysis is a perfect complement when working with Descartes Systems Valuation or Volatility modules.
  
Check out the analysis of Descartes Systems Correlation against competitors.

Latest Descartes Systems' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Descartes Systems Group over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Descartes Systems' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Descartes Systems' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Descartes Tax Provision Regression Statistics

Arithmetic Mean16,404,630
Geometric Mean12,666,169
Coefficient Of Variation80.33
Mean Deviation10,759,117
Median8,233,000
Standard Deviation13,177,099
Sample Variance173.6T
Range35.4M
R-Value0.86
Mean Square Error48.2T
R-Squared0.74
Significance0.000019
Slope2,382,447
Total Sum of Squares2604.5T

Descartes Tax Provision History

202542.6 M
202440.5 M
202335.2 M
202231.5 M
202116.3 M
202018.3 M
201911 M

About Descartes Systems Financial Statements

Descartes Systems investors use historical fundamental indicators, such as Descartes Systems' Tax Provision, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Descartes Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision40.5 M42.6 M

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Additional Tools for Descartes Stock Analysis

When running Descartes Systems' price analysis, check to measure Descartes Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Descartes Systems is operating at the current time. Most of Descartes Systems' value examination focuses on studying past and present price action to predict the probability of Descartes Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Descartes Systems' price. Additionally, you may evaluate how the addition of Descartes Systems to your portfolios can decrease your overall portfolio volatility.