DocuSign Inc (DOCU)
Debt-to-assets ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | 0 | 718,487 | 693,219 |
| Total assets | US$ in thousands | 4,012,700 | 2,971,290 | 3,012,720 | 2,541,260 | 2,336,510 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.28 | 0.30 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,012,700K
= 0.00
DocuSign Inc's debt-to-assets ratio has shown a decreasing trend over the years, from 0.30 as of January 31, 2021, to 0.28 as of January 31, 2022, and subsequently dropping to 0.00 as of January 31, 2023, 2024, and 2025. A debt-to-assets ratio of 0.00 indicates that the company has no debt relative to its total assets, which can be perceived positively as it implies lower financial risk and a stronger balance sheet position. This improvement in the debt-to-assets ratio suggests that DocuSign Inc has been reducing its debt levels or increasing its asset base, which could potentially enhance its financial stability and flexibility in the future.
Peer comparison
Jan 31, 2025