DocuSign Total Assets vs Net Debt Analysis

DOCU Stock

USD 57.20 0.15 0.26%

DocuSign financial indicator trend analysis is much more than just examining DocuSign latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DocuSign is a good investment. Please check the relationship between DocuSign Total Assets and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DocuSign. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy DocuSign Stock please use our How to Invest in DocuSign guide.

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DocuSign Total Assets account and Net Debt. At this time, the significance of the direction appears to have weak relationship.

The correlation between DocuSign's Total Assets and Net Debt is 0.3. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of DocuSign, assuming nothing else is changed. The correlation between historical values of DocuSign's Total Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of DocuSign are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., DocuSign's Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Assets

Total assets refers to the total amount of DocuSign assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in DocuSign books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from DocuSign's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DocuSign current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DocuSign. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy DocuSign Stock please use our How to Invest in DocuSign guide.At this time, DocuSign's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas Selling General Administrative is likely to drop slightly above 211.1 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	81.9M	86.3M	116.4M	67.2M
Interest Income	1.4M	4.5M	68.9M	72.3M

Depreciation And Amortization Interest Income

DocuSign fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.95	0.95	0.83	0.84	0.76	0.96	0.97	0.3	-0.95	0.66	0.92	1.0	0.72	0.9	0.98	0.98	0.99	0.93	0.94	-0.09	0.94	-0.93	0.99	0.86	0.94
Other Current Liab	0.95		0.94	0.72	0.76	0.58	0.98	0.97	0.27	-0.9	0.67	0.86	0.97	0.76	0.9	0.9	0.97	0.95	0.84	0.99	-0.03	0.86	-0.82	0.97	0.88	0.95
Total Current Liabilities	0.95	0.94		0.74	0.78	0.64	0.92	0.97	0.23	-0.89	0.57	0.91	0.94	0.81	0.9	0.92	0.98	0.92	0.84	0.92	-0.23	0.86	-0.8	0.96	0.84	0.93
Total Stockholder Equity	0.83	0.72	0.74		0.75	0.88	0.76	0.79	-0.09	-0.92	0.44	0.8	0.81	0.72	0.87	0.86	0.77	0.78	0.88	0.74	-0.45	0.95	-0.84	0.77	0.87	0.64
Other Liab	0.84	0.76	0.78	0.75		0.57	0.77	0.83	0.18	-0.86	0.69	0.86	0.83	0.58	0.78	0.84	0.83	0.87	0.88	0.7	-0.13	0.8	-0.76	0.8	0.71	0.75
Net Tangible Assets	0.76	0.58	0.64	0.88	0.57		0.66	0.65	0.1	-0.77	0.29	0.69	0.74	0.49	0.68	0.84	0.65	0.7	0.77	0.62	-0.27	0.87	-0.87	0.71	0.65	0.58
Property Plant And Equipment Net	0.96	0.98	0.92	0.76	0.77	0.66		0.95	0.35	-0.93	0.7	0.82	0.98	0.68	0.88	0.91	0.95	0.95	0.89	0.97	-0.01	0.89	-0.87	0.96	0.9	0.93
Current Deferred Revenue	0.97	0.97	0.97	0.79	0.83	0.65	0.95		0.18	-0.93	0.62	0.93	0.97	0.82	0.93	0.94	0.99	0.95	0.89	0.95	-0.18	0.89	-0.83	0.98	0.88	0.92
Net Debt	0.3	0.27	0.23	-0.09	0.18	0.1	0.35	0.18		-0.15	0.59	0.03	0.34	-0.24	-0.03	0.25	0.29	0.36	0.31	0.23	0.64	0.11	-0.35	0.3	0.02	0.42
Retained Earnings	-0.95	-0.9	-0.89	-0.92	-0.86	-0.77	-0.93	-0.93	-0.15		-0.69	-0.87	-0.95	-0.79	-0.96	-0.93	-0.93	-0.93	-0.93	-0.9	0.23	-0.97	0.9	-0.92	-0.94	-0.87
Accounts Payable	0.66	0.67	0.57	0.44	0.69	0.29	0.7	0.62	0.59	-0.69		0.44	0.69	0.41	0.59	0.58	0.69	0.73	0.7	0.64	0.33	0.58	-0.65	0.66	0.59	0.72
Cash	0.92	0.86	0.91	0.8	0.86	0.69	0.82	0.93	0.03	-0.87	0.44		0.89	0.74	0.87	0.94	0.9	0.91	0.84	0.82	-0.26	0.87	-0.81	0.91	0.76	0.83
Non Current Assets Total	1.0	0.97	0.94	0.81	0.83	0.74	0.98	0.97	0.34	-0.95	0.69	0.89		0.7	0.89	0.97	0.97	0.99	0.93	0.95	-0.04	0.93	-0.93	0.99	0.87	0.95
Non Currrent Assets Other	0.72	0.76	0.81	0.72	0.58	0.49	0.68	0.82	-0.24	-0.79	0.41	0.74	0.7		0.91	0.69	0.8	0.67	0.6	0.79	-0.46	0.76	-0.57	0.76	0.83	0.71
Other Assets	0.9	0.9	0.9	0.87	0.78	0.68	0.88	0.93	-0.03	-0.96	0.59	0.87	0.89	0.91		0.87	0.91	0.88	0.81	0.92	-0.29	0.94	-0.82	0.91	0.95	0.86
Cash And Short Term Investments	0.98	0.9	0.92	0.86	0.84	0.84	0.91	0.94	0.25	-0.93	0.58	0.94	0.97	0.69	0.87		0.94	0.96	0.93	0.88	-0.14	0.95	-0.95	0.96	0.81	0.89
Net Receivables	0.98	0.97	0.98	0.77	0.83	0.65	0.95	0.99	0.29	-0.93	0.69	0.9	0.97	0.8	0.91	0.94		0.96	0.89	0.95	-0.13	0.89	-0.85	0.99	0.87	0.96
Good Will	0.99	0.95	0.92	0.78	0.87	0.7	0.95	0.95	0.36	-0.93	0.73	0.91	0.99	0.67	0.88	0.96	0.96		0.91	0.92	0.03	0.91	-0.93	0.98	0.82	0.96
Common Stock Total Equity	0.93	0.84	0.84	0.88	0.88	0.77	0.89	0.89	0.31	-0.93	0.7	0.84	0.93	0.6	0.81	0.93	0.89	0.91		0.8	-0.18	0.9	-0.89	0.88	0.82	0.79
Common Stock Shares Outstanding	0.94	0.99	0.92	0.74	0.7	0.62	0.97	0.95	0.23	-0.9	0.64	0.82	0.95	0.79	0.92	0.88	0.95	0.92	0.8		-0.03	0.88	-0.84	0.96	0.91	0.95
Non Current Liabilities Total	-0.09	-0.03	-0.23	-0.45	-0.13	-0.27	-0.01	-0.18	0.64	0.23	0.33	-0.26	-0.04	-0.46	-0.29	-0.14	-0.13	0.03	-0.18	-0.03		-0.22	-0.04	-0.06	-0.33	0.11
Capital Surpluse	0.94	0.86	0.86	0.95	0.8	0.87	0.89	0.89	0.11	-0.97	0.58	0.87	0.93	0.76	0.94	0.95	0.89	0.91	0.9	0.88	-0.22		-0.95	0.91	0.9	0.84
Inventory	-0.93	-0.82	-0.8	-0.84	-0.76	-0.87	-0.87	-0.83	-0.35	0.9	-0.65	-0.81	-0.93	-0.57	-0.82	-0.95	-0.85	-0.93	-0.89	-0.84	-0.04	-0.95		-0.9	-0.77	-0.86
Other Current Assets	0.99	0.97	0.96	0.77	0.8	0.71	0.96	0.98	0.3	-0.92	0.66	0.91	0.99	0.76	0.91	0.96	0.99	0.98	0.88	0.96	-0.06	0.91	-0.9		0.84	0.96
Other Stockholder Equity	0.86	0.88	0.84	0.87	0.71	0.65	0.9	0.88	0.02	-0.94	0.59	0.76	0.87	0.83	0.95	0.81	0.87	0.82	0.82	0.91	-0.33	0.9	-0.77	0.84		0.79
Total Liab	0.94	0.95	0.93	0.64	0.75	0.58	0.93	0.92	0.42	-0.87	0.72	0.83	0.95	0.71	0.86	0.89	0.96	0.96	0.79	0.95	0.11	0.84	-0.86	0.96	0.79

Click cells to compare fundamentals

DocuSign Account Relationship Matchups

DocuSign fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	2.3B	2.5B	3.0B	3.0B	2.0B
Other Current Liab	137.5M	222.7M	251.5M	264.1M	299.3M	149.8M
Total Current Liabilities	694.0M	1.1B	1.4B	2.2B	1.7B	1.0B
Total Stockholder Equity	546.3M	325.7M	275.5M	617.3M	1.1B	1.2B
Other Liab	23.1M	55.3M	49.3M	45.8M	52.6M	41.9M
Net Tangible Assets	294.9M	(146.2M)	(178.4M)	193.4M	222.4M	233.5M
Property Plant And Equipment Net	278.1M	324.4M	310.7M	341.4M	368.4M	227.6M
Current Deferred Revenue	507.6M	779.6M	1.0B	1.2B	1.3B	706.1M
Net Debt	407.3M	349.7M	373.2M	166.4M	(654.0M)	(621.3M)
Retained Earnings	(1.1B)	(1.4B)	(1.4B)	(1.6B)	(1.7B)	(1.8B)
Accounts Payable	28.1M	37.4M	52.8M	24.4M	19.0M	29.0M
Cash	241.2M	566.1M	509.1M	721.9M	797.1M	492.4M
Non Current Assets Total	947.2M	1.2B	1.2B	1.4B	1.4B	892.1M
Non Currrent Assets Other	24.7M	24.9M	362.2M	430.4M	458.3M	481.3M
Other Assets	162.5M	279.1M	362.2M	417.9M	480.6M	504.6M
Cash And Short Term Investments	656.1M	773.5M	802.8M	1.0B	1.0B	703.3M
Net Receivables	250.3M	340.5M	453.5M	529.4M	455.2M	309.8M
Good Will	194.9M	350.2M	355.1M	353.6M	353.1M	233.3M
Common Stock Total Equity	17K	18K	19K	20K	23K	15.7K
Common Stock Shares Outstanding	176.7M	185.8M	196.7M	200.9M	209.0M	185.0M
Liabilities And Stockholders Equity	1.9B	2.3B	2.5B	3.0B	3.0B	2.0B
Non Current Liabilities Total	650.8M	917.6M	894.1M	187.1M	180.9M	171.9M
Capital Surpluse	1.7B	1.7B	1.7B	2.2B	2.6B	2.7B
Inventory	16.6M	367K	280K	2.0	1.0	0.95
Other Current Assets	37.1M	48.4M	63.2M	70.0M	67.0M	41.9M
Other Stockholder Equity	1.7B	1.7B	1.7B	2.2B	2.8B	3.0B
Total Liab	1.3B	2.0B	2.3B	2.4B	1.8B	1.6B
Deferred Long Term Liab	153.3M	260.1M	311.8M	10.7M	12.3M	11.7M
Property Plant And Equipment Gross	278.1M	324.4M	310.7M	341.4M	612.6M	643.3M
Total Current Assets	943.9M	1.2B	1.3B	1.6B	1.6B	1.1B
Accumulated Other Comprehensive Income	(1.7M)	5.0M	(4.8M)	(23.0M)	(19.4M)	(18.4M)
Short Term Debt	20.7M	53.4M	37.4M	746.9M	22.2M	21.1M
Intangible Assets	56.5M	121.8M	98.8M	70.3M	50.9M	66.3M
Common Stock	17K	18K	19K	20K	21K	16.5K
Property Plant Equipment	278.1M	324.4M	310.7M	199.9M	229.9M	186.0M
Short Term Investments	414.9M	207.5M	293.8M	309.8M	248.4M	237.4M
Non Current Liabilities Other	6.7M	32.3M	23.3M	18.1M	21.3M	16.1M
Net Invested Capital	1.0B	1.0B	994.0M	1.3B	1.1B	1.1B
Net Working Capital	249.9M	69.2M	(52.0M)	(577.3M)	(93.0M)	(88.3M)
Short Long Term Debt Total	648.5M	915.8M	882.2M	888.3M	143.1M	135.9M

DocuSign Investors Sentiment

The influence of DocuSign's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in DocuSign. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to DocuSign's public news can be used to forecast risks associated with an investment in DocuSign. The trend in average sentiment can be used to explain how an investor holding DocuSign can time the market purely based on public headlines and social activities around DocuSign. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

DocuSign's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for DocuSign's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average DocuSign's news discussions. The higher the estimated score, the more favorable is the investor's outlook on DocuSign.

DocuSign Implied Volatility

58.74

DocuSign's implied volatility exposes the market's sentiment of DocuSign stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if DocuSign's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that DocuSign stock will not fluctuate a lot when DocuSign's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DocuSign in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DocuSign's short interest history, or implied volatility extrapolated from DocuSign options trading.

Pair Trading with DocuSign

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DocuSign position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DocuSign will appreciate offsetting losses from the drop in the long position's value.

Moving against DocuSign Stock

0.54	VCSA	Vacasa Inc Trending	Pair Corr
0.45	ZI	ZoomInfo Technologies Earnings Call This Week	Pair Corr
0.44	DOMO	Domo Inc Financial Report 23rd of May 2024	Pair Corr

The ability to find closely correlated positions to DocuSign could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DocuSign when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DocuSign - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DocuSign to buy it.

The correlation of DocuSign is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DocuSign moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DocuSign moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for DocuSign can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether DocuSign is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if DocuSign Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Docusign Stock. Highlighted below are key reports to facilitate an investment decision about Docusign Stock:

How To Invest In DocuSign

Details

Is DocuSign Stock a good investment?

Details

What is DocuSign's Net Worth?

Details

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DocuSign. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy DocuSign Stock please use our How to Invest in DocuSign guide.

Note that the DocuSign information on this page should be used as a complementary analysis to other DocuSign's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running DocuSign's price analysis, check to measure DocuSign's 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 DocuSign is operating at the current time. Most of DocuSign's value examination focuses on studying past and present price action to predict the probability of DocuSign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DocuSign's price. Additionally, you may evaluate how the addition of DocuSign to your portfolios can decrease your overall portfolio volatility.

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Is DocuSign's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DocuSign. If investors know DocuSign will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DocuSign listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

5.985

Earnings Share

0.36

Revenue Per Share

13.534

Quarterly Revenue Growth

0.08

Return On Assets

0.0131

The market value of DocuSign is measured differently than its book value, which is the value of DocuSign that is recorded on the company's balance sheet. Investors also form their own opinion of DocuSign's value that differs from its market value or its book value, called intrinsic value, which is DocuSign's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DocuSign's market value can be influenced by many factors that don't directly affect DocuSign's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between DocuSign's value and its price as these two are different measures arrived at by different means. Investors typically determine if DocuSign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DocuSign's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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DocuSign Total Assets vs Net Debt Analysis

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Total Assets

Net Debt

DocuSign fundamental ratios Correlations

DocuSign Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DocuSign fundamental ratios Accounts

DocuSign Investors Sentiment

DocuSign Implied Volatility

Pair Trading with DocuSign

Moving against DocuSign Stock

Complementary Tools for DocuSign Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Good Will	+ 0.99	Total Assets
Other Current Assets	+ 0.99	Total Assets
Common Stock Shares Outstanding	+ 0.99	Other Current Liab
Net Receivables	+ 0.99	Current Deferred Revenue
Good Will	+ 0.99	Non Current Assets Total

Capital Surpluse	- 0.97	Retained Earnings
Other Assets	- 0.96	Retained Earnings
Inventory	- 0.95	Capital Surpluse
Inventory	- 0.95	Cash And Short Term Investments
Non Current Assets Total	- 0.95	Retained Earnings
Retained Earnings	- 0.95	Total Assets