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DocuSign ROA %

: -0.95% (As of Oct. 2021)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. DocuSign's annualized Net Income for the quarter that ended in Oct. 2021 was $-23 Mil. DocuSign's average Total Assets over the quarter that ended in Oct. 2021 was $2,383 Mil. Therefore, DocuSign's annualized ROA % for the quarter that ended in Oct. 2021 was -0.95%.

The historical rank and industry rank for DocuSign's ROA % or its related term are showing as below:

NAS:DOCU' s ROA % Range Over the Past 10 Years
Min: -38.16   Med: -17.65   Max: -4.89
Current: -4.89

-38.16
-4.89

During the past 6 years, DocuSign's highest ROA % was -4.89%. The lowest was -38.16%. And the median was -17.65%.

NAS:DOCU's ROA % is ranked lower than
66% of the 2581 Companies
in the Software industry.

( Industry Median: 1.49 vs. NAS:DOCU: -4.89 )

DocuSign ROA % Historical Data

The historical data trend for DocuSign's ROA % 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 Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
ROA %
Premium Member Only -23.41 -9.34 -38.16 -11.88 -11.51

DocuSign Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
ROA % 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 Premium Member Only Premium Member Only Premium Member Only -11.40 -13.20 -1.44 -4.38 -0.95

Competitive Comparison

For the Software - Application subindustry, DocuSign's ROA %, along with its competitors' market caps and ROA % 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 ROA % Distribution

For the Software industry and Technology sector, DocuSign's ROA % distribution charts can be found below:

* The bar in red indicates where DocuSign's ROA % falls into.



DocuSign ROA % Calculation

DocuSign's annualized ROA % for the fiscal year that ended in Jan. 2021 is calculated as:

ROA %=Net Income (A: Jan. 2021 )/( (Total Assets (A: Jan. 2020 )+Total Assets (A: Jan. 2021 ))/ count )
=-243.267/( (1891.138+2336.507)/ 2 )
=-243.267/2113.8225
=-11.51 %

DocuSign's annualized ROA % for the quarter that ended in Oct. 2021 is calculated as:

ROA %=Net Income (Q: Oct. 2021 )/( (Total Assets (Q: Jul. 2021 )+Total Assets (Q: Oct. 2021 ))/ count )
=-22.704/( (2355.687+2410.503)/ 2 )
=-22.704/2383.095
=-0.95 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Oct. 2021) net income data. ROA % is displayed in the 30-year financial page.


DocuSign  (NAS:DOCU) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Oct. 2021 )
=Net Income/Total Assets
=-22.704/2383.095
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-22.704 / 2181.852)*(2181.852 / 2383.095)
=Net Margin %*Asset Turnover
=-1.04 %*0.9156
=-0.95 %

Note: The Net Income data used here is four times the quarterly (Oct. 2021) net income data. The Revenue data used here is four times the quarterly (Oct. 2021) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


DocuSign ROA % Related Terms

Thank you for viewing the detailed overview of DocuSign's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


DocuSign Business Description

DocuSign logo
Industry
Technology » Software NAICS : 511210 SIC : 7379
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
Gaylor Cynthia officer: Chief Financial Officer C/O PIVOTAL SOFTWARE, INC. 875 HOWARD STREET, FIFTH FLOOR SAN FRANCISCO CA 94103
Olrich Scott V. officer: Chief Operating Officer C/O DOCUSIGN, INC. 221 MAIN ST., SUITE 1000 SAN FRANCISCO CA 94105
Salem Enrique T director SYMANTEC CORPORATION 20330 STEVENS CREEK BLVD. CUPERTINO CA 95014
Solvik Peter director 2105 SOUTH BASCOM AVE. #370 CAMPBELL CA 95008
Alhadeff Loren officer: Chief Revenue Officer C/O DOCUSIGN, INC. SUITE 1000 SAN FRANCISCO CA 94105
Wilderotter Mary Agnes director 115 ALPINE TERRACE OAKLAND CA 94618
Springer Daniel D. director, officer: President and CEO C/O DOCUSIGN, INC. 221 MAIN ST., SUITE 1000 SAN FRANCISCO CA 94105
Phi Tram T officer: SVP, General Counsel C/O IMPERVA, INC. 3400 BRIDGE PARKWAY REDWOOD SHORES CA 94065
Suh Inhi Cho director C/O DOCUSIGN, INC. 221 MAIN STREET, SUITE 1000 SAN FRANCISCO CA 94105
Singh Sudhir Steven director 6222 185TH AVE REDMOND WA 98052
Irving Blake director 14455 N. HAYDEN RD. SCOTTSDALE AZ 85260
Briggs Teresa director 2225 LAWSON LANE SANTA CLARA CA 95054
Beer James A director MCKESSON CORPORATION ONE POST STREET SAN FRANCISCO CA 94104
Wolberg Kirsten O. officer: Chief Technology & Ops Officer 900 NORTH MCCARTHY BLVD MILPITAS CA 95035
Sheridan Michael J officer: Chief Financial Officer C/O DOCUSIGN, INC. 221 MAIN ST., SUITE 1000 SAN FRANCISCO CA 94105

DocuSign Headlines

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