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DocuSign Current Ratio

: 0.98 (As of Jul. 2021)
View and export this data going back to 2018. Start your Free Trial

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. DocuSign's current ratio for the quarter that ended in Jul. 2021 was 0.98.

DocuSign has a current ratio of 0.98. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If DocuSign has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

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

NAS:DOCU' s Current Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.36   Max: 2.91
Current: 0.98

0.98
2.91

During the past 6 years, DocuSign's highest Current Ratio was 2.91. The lowest was 0.98. And the median was 1.36.

NAS:DOCU's Current Ratio is ranked lower than
85% of the 2580 Companies
in the Software industry.

( Industry Median: 2.05 vs. NAS:DOCU: 0.98 )

DocuSign Current Ratio Historical Data

The historical data trend for DocuSign's Current Ratio 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
Current Ratio
Premium Member Only 1.16 1.12 1.91 1.36 1.06

DocuSign Quarterly Data
Jan16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
Current Ratio 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 1.13 1.01 1.06 1.01 0.98

Competitive Comparison

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

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

* The bar in red indicates where DocuSign's Current Ratio falls into.



DocuSign Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

DocuSign's Current Ratio for the fiscal year that ended in Jan. 2021

Current Ratio (A: Jan. 2021 )=Total Current Assets (A: Jan. 2021 )/Total Current Liabilities (A: Jan. 2021 )
=1162.348/1093.173
=1.06

DocuSign's Current Ratio for the quarter that ended in Jul. 2021 is calculated as

Current Ratio (Q: Jul. 2021 )=Total Current Assets (Q: Jul. 2021 )/Total Current Liabilities (Q: Jul. 2021 )
=1182.789/1209.63
=0.98

* 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.


DocuSign  (NAS:DOCU) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


DocuSign Current Ratio Related Terms

Thank you for viewing the detailed overview of DocuSign's Current Ratio 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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