DocuSign Inc (DOCU)
Financial leverage ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,012,700 | 2,971,290 | 3,012,720 | 2,541,260 | 2,336,510 |
| Total stockholders’ equity | US$ in thousands | 2,002,690 | 1,129,740 | 617,287 | 275,503 | 325,737 |
| Financial leverage ratio | 2.00 | 2.63 | 4.88 | 9.22 | 7.17 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,012,700K ÷ $2,002,690K
= 2.00
DocuSign Inc's financial leverage ratio has exhibited a fluctuating trend over the past five years, starting at 7.17 in January 2021 and increasing to 9.22 by January 2022. Subsequently, there was a notable decrease in the ratio to 4.88 by January 2023, followed by a further decline to 2.63 by January 2024 and a decrease to 2.00 by January 2025. This trend suggests that the company's reliance on debt to finance its operations has decreased significantly over the years, indicating a potential improvement in its financial health and risk management. A lower financial leverage ratio generally signifies a lower risk of insolvency and financial distress for the company.
Peer comparison
Jan 31, 2025