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DocuSign (DocuSign) Effective Interest Rate on Debt % : 1.40% (As of Jan. 2024)


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What is DocuSign Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. DocuSign's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $7 Mil. DocuSign's average total debt for the quarter that ended in Jan. 2024 was $489 Mil. Therefore, DocuSign's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 1.40%.


DocuSign Effective Interest Rate on Debt % Historical Data

The historical data trend for DocuSign's Effective Interest Rate on Debt % 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.

* Premium members only.

DocuSign Effective Interest Rate on Debt % Chart

DocuSign Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 5.02 3.94 0.72 0.72 1.33

DocuSign Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Effective Interest Rate on Debt % 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 -0.54 0.89 0.72 0.74 1.40

Competitive Comparison of DocuSign's Effective Interest Rate on Debt %

For the Software - Application subindustry, DocuSign's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DocuSign's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, DocuSign's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where DocuSign's Effective Interest Rate on Debt % falls into.



DocuSign Effective Interest Rate on Debt % Calculation

DocuSign's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2023 )+Total Debt  (A: Jan. 2024 ))/ count )
=-1  *  -6.844/( (888.29+143.053)/ 2 )
=-1  *  -6.844/515.6715
=1.33 %

where

Total Debt  (A: Jan. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=141.348 + 746.942
=888.29

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=120.823 + 22.23
=143.053

DocuSign's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  -6.836/( (835.363+143.053)/ 2 )
=-1  *  -6.836/489.208
=1.40 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=124.551 + 710.812
=835.363

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=120.823 + 22.23
=143.053

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


DocuSign  (NAS:DOCU) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


DocuSign Effective Interest Rate on Debt % Related Terms

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DocuSign (DocuSign) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » DocuSign Inc (NAS:DOCU) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
221 Main Street, Suite 1550, San Francisco, CA, USA, 94105
DocuSign offers the Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device. The company was founded in 2003 and completed its IPO in May 2018.
Executives
Allan C. Thygesen director, officer: President and CEO 20 DAVIS DRIVE, BELMONT CA 94002
Stephen Shute officer: President, Field Operations 221 MAIN STREET, SUITE 1550, SAN FRANCISCO CA 94105
Blake Jeffrey Grayson officer: Chief Financial Officer 2212 EVERETT AVENUE E, SEATTLE WA 98102
Teresa Briggs director 2225 LAWSON LANE, SANTA CLARA CA 95054
James P Shaughnessy officer: Chief Legal Officer 4460 HACIENDA DR., PLEASANTON CA 94588
Daniel D. Springer director, officer: President and CEO C/O DOCUSIGN, INC., 221 MAIN ST., SUITE 1000, SAN FRANCISCO CA 94105
Anna Marrs director 200 VESEY STREET, NEW YORK NY 10285
Enrique T Salem director SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Robert Chatwani officer: President General Mgr, Growth 221 MAIN STREET, SUITE 1550, SAN FRANCISCO CA 94105
Inhi Cho Suh officer: President, Product Engineering C/O DOCUSIGN, INC., 221 MAIN STREET, SUITE 1000, SAN FRANCISCO CA 94105
Scott V. Olrich officer: Chief Strategy and Marketing C/O DOCUSIGN, INC., 221 MAIN ST., SUITE 1000, SAN FRANCISCO CA 94105
Cynthia Gaylor director C/O PIVOTAL SOFTWARE, INC., 875 HOWARD STREET, FIFTH FLOOR, SAN FRANCISCO CA 94103
Tram T Phi officer: SVP, General Counsel C/O DOCUSIGN, INC., 221 MAIN STREET, SUITE 1550, SAN FRANCISCO CA 94105
Peter Solvik director 2105 SOUTH BASCOM AVE. #370, CAMPBELL CA 95008
Loren Alhadeff officer: Chief Revenue Officer C/O DOCUSIGN, INC., SUITE 1000, SAN FRANCISCO CA 94105