DocuSign Inc (DOCU)
Debt-to-equity ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | 0 | 684,861 | 720,677 | 719,616 | 718,487 | 718,821 | 730,272 | 742,577 | 693,219 | 486,149 | 479,105 | 472,162 |
| Total stockholders’ equity | US$ in thousands | 2,002,690 | 1,989,380 | 1,961,410 | 1,137,000 | 1,129,740 | 965,033 | 847,759 | 749,492 | 617,287 | 468,506 | 407,131 | 348,949 | 275,503 | 239,569 | 211,876 | 243,237 | 325,737 | 426,032 | 501,891 | 522,788 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.46 | 1.77 | 2.06 | 2.61 | 3.00 | 3.45 | 3.05 | 2.13 | 1.14 | 0.95 | 0.90 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,002,690K
= 0.00
DocuSign Inc's debt-to-equity ratio has shown a fluctuating trend over the reported periods. In April 2020, the ratio stood at 0.90, indicating a balanced mix of debt and equity. However, this ratio gradually increased, reaching a peak of 3.45 in July 2021 and then declined to 0.00 by January 2023, signaling a significant decrease in debt relative to equity. The ratio remained at 0.00 from January 2023 onwards, suggesting that the company had effectively eliminated its debt by that point. Overall, the trend in DocuSign Inc's debt-to-equity ratio demonstrates a strategic shift towards a more equity-focused capital structure and a reduced reliance on debt financing over the reporting periods.
Peer comparison
Jan 31, 2025