DocuSign Debt To Equity vs. Cash And Equivalents
| D1OC34 Stock | BRL 29.58 0.60 2.07% |
For DocuSign profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DocuSign to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DocuSign utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DocuSign's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DocuSign over time as well as its relative position and ranking within its peers.
DocuSign |
DocuSign Cash And Equivalents vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DocuSign's current stock value. Our valuation model uses many indicators to compare DocuSign value to that of its competitors to determine the firm's financial worth. DocuSign is rated # 2 in debt to equity category among its peers. It is rated below average in cash and equivalents category among its peers creating about 200,572,970 of Cash And Equivalents per Debt To Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value DocuSign by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DocuSign's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.DocuSign Cash And Equivalents vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
DocuSign |
| = | 3.89 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
DocuSign |
| = | 780.63 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
DocuSign Cash And Equivalents Comparison
DocuSign is rated below average in cash and equivalents category among its peers.
DocuSign Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in DocuSign, profitability is also one of the essential criteria for including it into their portfolios because, without profit, DocuSign will eventually generate negative long term returns. The profitability progress is the general direction of DocuSign's change in net profit over the period of time. It can combine multiple indicators of DocuSign, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
DocuSign, Inc. provides cloud based software in the United States and internationally. The company was incorporated in 2003 and is headquartered in San Francisco, California. DOCUSIGN INCDRN operates under SoftwareApplication classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 5630 people.
DocuSign Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DocuSign. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of DocuSign position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the DocuSign's important profitability drivers and their relationship over time.
Use DocuSign in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DocuSign position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DocuSign will appreciate offsetting losses from the drop in the long position's value.DocuSign Pair Trading
DocuSign Pair Trading Analysis
The ability to find closely correlated positions to DocuSign could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DocuSign when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DocuSign - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DocuSign to buy it.
The correlation of DocuSign is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DocuSign moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DocuSign moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DocuSign can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your DocuSign position
In addition to having DocuSign in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals theme has 37 constituents at this time.
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Additional Information and Resources on Investing in DocuSign Stock
When determining whether DocuSign is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if DocuSign Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Docusign Stock. Highlighted below are key reports to facilitate an investment decision about Docusign Stock:Check out Investing Opportunities. For information on how to trade DocuSign Stock refer to our How to Trade DocuSign Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
To fully project DocuSign's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of DocuSign at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include DocuSign's income statement, its balance sheet, and the statement of cash flows.