Market Cap : 13.23 B | Enterprise Value : 13.65 B | PE Ratio : At Loss | PB Ratio : 37.93 |
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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 Apr. 2022 was $-109 Mil. DocuSign's average Total Assets over the quarter that ended in Apr. 2022 was $2,558 Mil. Therefore, DocuSign's annualized ROA % for the quarter that ended in Apr. 2022 was -4.28%.
The historical rank and industry rank for DocuSign's ROA % or its related term are showing as below:
During the past 7 years, DocuSign's highest ROA % was -2.87%. The lowest was -38.16%. And the median was -11.88%.
DOCU's ROA % is ranked worse thanThe 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.
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.
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's annualized ROA % for the fiscal year that ended in Jan. 2022 is calculated as:
ROA % | = | Net Income (A: Jan. 2022 ) | / | ( (Total Assets (A: Jan. 2021 ) | + | Total Assets (A: Jan. 2022 )) | / count ) |
= | -69.976 | / | ( (2336.507 | + | 2541.265) | / 2 ) | |
= | -69.976 | / | 2438.886 | ||||
= | -2.87 % |
DocuSign's annualized ROA % for the quarter that ended in Apr. 2022 is calculated as:
ROA % | = | Net Income (Q: Apr. 2022 ) | / | ( (Total Assets (Q: Jan. 2022 ) | + | Total Assets (Q: Apr. 2022 )) | / count ) |
= | -109.492 | / | ( (2541.265 | + | 2574.131) | / 2 ) | |
= | -109.492 | / | 2557.698 | ||||
= | -4.28 % |
* 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 (Apr. 2022) net income data. ROA % is displayed in the 30-year financial page.
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 bankÂ’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: Apr. 2022 ) | ||
= | Net Income | / | Total Assets |
= | -109.492 | / | 2557.698 |
= | (Net Income / Revenue) | * | (Revenue / Total Assets) |
= | (-109.492 / 2354.768) | * | (2354.768 / 2557.698) |
= | Net Margin % | * | Asset Turnover |
= | -4.65 % | * | 0.9207 |
= | -4.28 % |
Note: The Net Income data used here is four times the quarterly (Apr. 2022) net income data. The Revenue data used here is four times the quarterly (Apr. 2022) 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.
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.
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.
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 |
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