Return-on-Tangible-Equity is calculated as Net Income attributable to Common Stockholders divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. DocuSign's annualized net income attributable to common stockholders for the quarter that ended in Jan. 2022 was $-122 Mil. DocuSign's average shareholder tangible equity for the quarter that ended in Jan. 2022 was $-198 Mil. Therefore, DocuSign's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2022 was N/A%.
The historical rank and industry rank for DocuSign's Return-on-Tangible-Equity or its related term are showing as below:
During the past 7 years, DocuSign's highest Return-on-Tangible-Equity was -65.12%. The lowest was -327.19%. And the median was -196.16%.
DocuSign Return-on-Tangible-Equity Historical Data
The historical data trend for DocuSign's Return-on-Tangible-Equity 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
Jan22
Return-on-Tangible-Equity
-
-
-65.12
-327.19
-
DocuSign Quarterly Data
Apr17
Jul17
Oct17
Jan18
Apr18
Jul18
Oct18
Jan19
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Return-on-Tangible-Equity
-
-
-
-
-
Competitive Comparison
For the Software - Application subindustry, DocuSign's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Distribution
For the Software industry and Technology sector, DocuSign's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where DocuSign's Return-on-Tangible-Equity falls into.
DocuSign Return-on-Tangible-Equity Calculation
DocuSign's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2022 is calculated as
* 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 Return-on-Tangible-Equity, the net income attributable to common stockholders of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income attributable to common stockholders data used here is four times the quarterly (Jan. 2022) net income attributable to common stockholders data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net income attributable to common stockholders is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
DocuSign Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of DocuSign's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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