DocusignDOCU +0.86%66 Equity-to-Asset is 0.46 as of Apr. 2026, which is 59% above its 10-year median of 0.29. GuruFocus rates DOCU with a GF Score™ of 66/100 and a GF Value™ of $73.12 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,879 Software companies, Docusign ranks worse than 61.06% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Docusign's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $1,820 Mil. Docusign's Total Assets for the quarter that ended in Apr. 2026 was $3,984 Mil.
Therefore, Docusign's Equity to Asset Ratio for the quarter that ended in Apr. 2026 was 0.46.
The historical rank and industry rank for Docusign's Equity-to-Asset or its related term are showing as below:
DOCU'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.7 Med: 0.29 Max: 0.64
Current: 0.46
During the past 11 years, the highest Equity to Asset Ratio of Docusign was 0.64. The lowest was -0.70. And the median was 0.29.
DOCU's Equity-to-Asset is ranked worse than 61.06% of 2879
companies
in the Software industry
Industry Median: 0.56
vs DOCU: 0.46
Docusign (NAS:DOCU) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Docusign Equity-to-Asset Related Terms
Docusign Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Docusign's Equity-to-Asset 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.
DOCU vs BSY, MANH, HUBS: Equity-to-Asset Comparison
For the Software - Application subindustry, Docusign's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Docusign's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Docusign's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Docusign's Equity to Asset Ratio for the fiscal year that ended in Jan. 2026 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.
Docusign (DOCU) has a Equity-to-Asset of 0.46 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Docusign and its competitors. This is 59% above median its historical median of 0.29. According to the industry distribution chart, Docusign ranks #1758 out of 2879 companies in the Software industry, placing it in the top 61.1%.
Is Docusign's Equity-to-Asset too high?
Docusign's current Equity-to-Asset of 0.46 is 59% above median its 10-year median of 0.29. The Software industry median Equity-to-Asset is 0.56. Docusign's value of 0.46 is 17.9% below this industry median. Based on the distribution chart, Docusign ranks #1758 out of 2879 companies in the Software industry, which is below the industry midpoint. Overall, Docusign has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Docusign's Equity-to-Asset compare to BSY and MANH?
According to the Software industry distribution chart, Docusign ranks #1758 out of 2879 companies for Equity-to-Asset. This places Docusign in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Docusign's value of 0.46 is 17.9% below this benchmark. While the company's 10-year median is 0.29 vs. the industry median of 0.56, Docusign has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,879 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Docusign's current Equity-to-Asset of 0.46 is 17.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Docusign and its competitors. For the Software industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Docusign's current Equity-to-Asset is 0.46, which is 59% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Docusign stock overvalued right now?
Based on GuruFocus' analysis, Docusign (DOCU) is currently considered Significantly Undervalued. The stock's GF Value™ is $73.12, compared to a current price of $49.18 — trading 32.7% below its estimated fair value. The current Equity-to-Asset is 0.46, which is 59% above median its 10-year median of 0.29 and 17.9% below the Software industry median of 0.56. Docusign's overall GF Score™ is 66/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Docusign (DOCU), the current Equity-to-Asset is 0.46 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Docusign (DOCU) Overvalued in 2026?
Based on GuruFocus' analysis, Docusign stock appears to be undervalued.
The current stock price of $49.18 is trading 32.7% below its estimated GF Value™ of $73.12.
GuruFocus considers Docusign to be Significantly Undervalued.
Key valuation signals for DOCU:
Equity-to-Asset: 0.46 (59% above median its 10-year median of 0.29)
GF Value™: $73.12 vs. price of $49.18 (32.7% below fair value)
Industry Position: 17.9% below the Software median (#1758 of 2879)
No single metric tells the full story. See the DOCU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Docusign offers 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 initial public offering in 2018.
66GF Score
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