DocuSign Inc (DOCU)
Return on assets (ROA)
Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 1,067,880 | 73,980 | -97,454 | -69,976 | -243,267 |
Total assets | US$ in thousands | 4,012,700 | 2,971,290 | 3,012,720 | 2,541,260 | 2,336,510 |
ROA | 26.61% | 2.49% | -3.23% | -2.75% | -10.41% |
January 31, 2025 calculation
ROA = Net income ÷ Total assets
= $1,067,880K ÷ $4,012,700K
= 26.61%
DocuSign Inc's return on assets (ROA) has exhibited varying trends over the past years:
- As of January 31, 2021, DocuSign Inc had a negative ROA of -10.41%, indicating that the company generated a net loss relative to its assets during that period.
- By January 31, 2022, the ROA improved to -2.75%, still negative but showing some progress in asset efficiency compared to the previous year.
- Subsequently, as of January 31, 2023, the ROA decreased to -3.23%, signaling a slight decline in the company's ability to utilize its assets to generate profits.
- However, by January 31, 2024, DocuSign Inc managed to achieve a positive ROA of 2.49%, indicating a turnaround in asset productivity and profitability.
- Finally, as of January 31, 2025, the ROA significantly increased to 26.61%, pointing to a substantial improvement in the company's efficiency in generating profits from its assets.
Overall, the analysis reveals a mix of negative and positive ROA figures for DocuSign Inc over the years, with a notable positive upturn in recent periods, suggesting enhanced asset utilization and profitability for the company.
Peer comparison
Jan 31, 2025