DocuSign Stock Based Compensation vs Depreciation Analysis

0XNH Stock

80.87 0.65 0.80%

DocuSign financial indicator trend analysis is much more than just examining DocuSign latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DocuSign is a good investment. Please check the relationship between DocuSign Stock Based Compensation and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in DocuSign. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy DocuSign Stock please use our How to Invest in DocuSign guide.

Stock Based Compensation vs Depreciation

Stock Based Compensation vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DocuSign Stock Based Compensation account and Depreciation. At this time, the significance of the direction appears to have almost identical trend.

The correlation between DocuSign's Stock Based Compensation and Depreciation is 0.92. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation in the same time period over historical financial statements of DocuSign, assuming nothing else is changed. The correlation between historical values of DocuSign's Stock Based Compensation and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of DocuSign are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Stock Based Compensation i.e., DocuSign's Stock Based Compensation and Depreciation go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Depreciation

Depreciation indicates how much of DocuSign value has been used up. For tax purposes DocuSign can deduct the cost of the tangible assets it purchases as business expenses. However, DocuSign must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from DocuSign's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DocuSign current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in DocuSign. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy DocuSign Stock please use our How to Invest in DocuSign guide.Tax Provision is likely to gain to about 16.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 211.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	6.4M	6.4M	6.8M	11.7M
Depreciation And Amortization	81.9M	86.3M	95.1M	61.2M

Interest Expense Depreciation And Amortization

DocuSign fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.97	0.95	0.83	0.96	0.97	0.3	-0.95	0.66	0.92	1.0	0.71	0.01	0.98	0.98	0.99	0.71	-0.09	-0.93	0.96	0.9	0.94	1.0	0.47	0.76	0.92
Other Current Liab	0.97		0.97	0.78	0.95	0.99	0.2	-0.93	0.62	0.95	0.97	0.76	-0.04	0.95	0.98	0.97	0.67	-0.14	-0.85	0.97	0.85	0.93	0.97	0.48	0.72	0.87
Total Current Liabilities	0.95	0.97		0.74	0.92	0.97	0.23	-0.89	0.57	0.91	0.94	0.79	-0.17	0.92	0.98	0.92	0.64	-0.23	-0.8	0.98	0.81	0.93	0.96	0.66	0.63	0.83
Total Stockholder Equity	0.83	0.78	0.74		0.76	0.79	-0.09	-0.92	0.44	0.8	0.81	0.74	-0.05	0.86	0.77	0.78	0.48	-0.45	-0.84	0.74	0.89	0.64	0.84	0.23	0.51	0.88
Property Plant And Equipment Net	0.96	0.95	0.92	0.76		0.95	0.35	-0.93	0.7	0.82	0.98	0.68	0.09	0.91	0.95	0.95	0.68	-0.01	-0.87	0.94	0.85	0.93	0.94	0.38	0.73	0.88
Current Deferred Revenue	0.97	0.99	0.97	0.79	0.95		0.18	-0.93	0.62	0.93	0.97	0.81	-0.14	0.94	0.99	0.95	0.66	-0.18	-0.83	0.99	0.84	0.92	0.97	0.46	0.65	0.87
Net Debt	0.3	0.2	0.23	-0.09	0.35	0.18		-0.15	0.59	0.03	0.34	-0.29	0.53	0.25	0.29	0.36	0.26	0.64	-0.35	0.22	0.08	0.42	0.26	0.27	0.57	0.33
Retained Earnings	-0.95	-0.93	-0.89	-0.92	-0.93	-0.93	-0.15		-0.69	-0.87	-0.95	-0.79	0.01	-0.93	-0.93	-0.93	-0.57	0.23	0.9	-0.9	-0.91	-0.87	-0.94	-0.36	-0.71	-0.93
Accounts Payable	0.66	0.62	0.57	0.44	0.7	0.62	0.59	-0.69		0.44	0.69	0.39	0.19	0.58	0.69	0.73	0.35	0.33	-0.65	0.63	0.5	0.72	0.62	0.08	0.78	0.72
Cash	0.92	0.95	0.91	0.8	0.82	0.93	0.03	-0.87	0.44		0.89	0.74	-0.09	0.94	0.9	0.91	0.64	-0.26	-0.81	0.91	0.84	0.83	0.94	0.49	0.66	0.82
Non Current Assets Total	1.0	0.97	0.94	0.81	0.98	0.97	0.34	-0.95	0.69	0.89		0.69	0.06	0.97	0.97	0.99	0.71	-0.04	-0.93	0.96	0.9	0.95	0.98	0.43	0.77	0.92
Non Currrent Assets Other	0.71	0.76	0.79	0.74	0.68	0.81	-0.29	-0.79	0.39	0.74	0.69		-0.59	0.68	0.78	0.66	0.47	-0.48	-0.57	0.81	0.74	0.69	0.73	0.38	0.3	0.59
Other Assets	0.01	-0.04	-0.17	-0.05	0.09	-0.14	0.53	0.01	0.19	-0.09	0.06	-0.59		0.02	-0.11	0.09	-0.05	0.47	-0.15	-0.19	-0.06	-0.02	-0.03	-0.24	0.4	0.17
Cash And Short Term Investments	0.98	0.95	0.92	0.86	0.91	0.94	0.25	-0.93	0.58	0.94	0.97	0.68	0.02		0.94	0.96	0.7	-0.14	-0.95	0.92	0.92	0.89	0.99	0.47	0.74	0.93
Net Receivables	0.98	0.98	0.98	0.77	0.95	0.99	0.29	-0.93	0.69	0.9	0.97	0.78	-0.11	0.94		0.96	0.66	-0.13	-0.85	0.99	0.84	0.96	0.98	0.55	0.7	0.89
Good Will	0.99	0.97	0.92	0.78	0.95	0.95	0.36	-0.93	0.73	0.91	0.99	0.66	0.09	0.96	0.96		0.71	0.03	-0.93	0.95	0.88	0.96	0.98	0.41	0.85	0.91
Common Stock Shares Outstanding	0.71	0.67	0.64	0.48	0.68	0.66	0.26	-0.57	0.35	0.64	0.71	0.47	-0.05	0.7	0.66	0.71		0.22	-0.73	0.73	0.77	0.74	0.69	0.28	0.65	0.51
Non Current Liabilities Total	-0.09	-0.14	-0.23	-0.45	-0.01	-0.18	0.64	0.23	0.33	-0.26	-0.04	-0.48	0.47	-0.14	-0.13	0.03	0.22		-0.04	-0.12	-0.11	0.11	-0.14	-0.33	0.43	-0.17
Inventory	-0.93	-0.85	-0.8	-0.84	-0.87	-0.83	-0.35	0.9	-0.65	-0.81	-0.93	-0.57	-0.15	-0.95	-0.85	-0.93	-0.73	-0.04		-0.83	-0.95	-0.86	-0.92	-0.31	-0.84	-0.89
Other Current Assets	0.96	0.97	0.98	0.74	0.94	0.99	0.22	-0.9	0.63	0.91	0.96	0.81	-0.19	0.92	0.99	0.95	0.73	-0.12	-0.83		0.85	0.95	0.96	0.52	0.68	0.83
Other Stockholder Equity	0.9	0.85	0.81	0.89	0.85	0.84	0.08	-0.91	0.5	0.84	0.9	0.74	-0.06	0.92	0.84	0.88	0.77	-0.11	-0.95	0.85		0.83	0.9	0.3	0.71	0.8
Total Liab	0.94	0.93	0.93	0.64	0.93	0.92	0.42	-0.87	0.72	0.83	0.95	0.69	-0.02	0.89	0.96	0.96	0.74	0.11	-0.86	0.95	0.83		0.93	0.51	0.82	0.79
Total Current Assets	1.0	0.97	0.96	0.84	0.94	0.97	0.26	-0.94	0.62	0.94	0.98	0.73	-0.03	0.99	0.98	0.98	0.69	-0.14	-0.92	0.96	0.9	0.93		0.5	0.74	0.92
Short Term Debt	0.47	0.48	0.66	0.23	0.38	0.46	0.27	-0.36	0.08	0.49	0.43	0.38	-0.24	0.47	0.55	0.41	0.28	-0.33	-0.31	0.52	0.3	0.51	0.5		0.2	0.34
Intangible Assets	0.76	0.72	0.63	0.51	0.73	0.65	0.57	-0.71	0.78	0.66	0.77	0.3	0.4	0.74	0.7	0.85	0.65	0.43	-0.84	0.68	0.71	0.82	0.74	0.2		0.72
Common Stock	0.92	0.87	0.83	0.88	0.88	0.87	0.33	-0.93	0.72	0.82	0.92	0.59	0.17	0.93	0.89	0.91	0.51	-0.17	-0.89	0.83	0.8	0.79	0.92	0.34	0.72

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DocuSign Account Relationship Matchups

DocuSign fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	2.3B	2.5B	3.0B	3.0B	2.0B
Other Current Liab	116.8M	222.7M	214.1M	264.1M	277.1M	172.8M
Total Current Liabilities	694.0M	1.1B	1.4B	2.2B	1.7B	1.0B
Total Stockholder Equity	546.3M	325.7M	275.5M	617.3M	1.1B	1.2B
Property Plant And Equipment Net	278.1M	324.4M	310.7M	341.4M	368.4M	227.6M
Current Deferred Revenue	507.6M	779.6M	1.0B	1.2B	1.3B	706.1M
Net Debt	407.3M	349.7M	373.2M	166.4M	(654.0M)	(621.3M)
Retained Earnings	(1.1B)	(1.4B)	(1.4B)	(1.6B)	(1.7B)	(1.8B)
Accounts Payable	28.1M	37.4M	52.8M	24.4M	19.0M	29.0M
Cash	241.2M	566.1M	509.1M	721.9M	797.1M	492.4M
Non Current Assets Total	947.2M	1.2B	1.2B	1.4B	1.4B	892.1M
Non Currrent Assets Other	24.7M	24.9M	362.2M	430.4M	509.2M	534.7M
Other Assets	121.4M	162.5M	279.1M	1.0	0.9	0.86
Cash And Short Term Investments	656.1M	773.5M	802.8M	1.0B	1.0B	703.3M
Net Receivables	250.3M	340.5M	453.5M	529.4M	455.2M	309.9M
Good Will	194.9M	350.2M	355.1M	353.6M	353.1M	233.3M
Common Stock Shares Outstanding	176.7M	185.8M	196.7M	200.9M	209.0M	159.4M
Liabilities And Stockholders Equity	1.9B	2.3B	2.5B	3.0B	3.0B	2.0B
Non Current Liabilities Total	650.8M	917.6M	894.1M	187.1M	180.9M	171.9M
Inventory	16.6M	367K	280K	2.0	1.0	0.95
Other Current Assets	37.4M	48.4M	63.2M	70.0M	67.0M	47.1M
Other Stockholder Equity	1.7B	1.7B	1.7B	2.2B	2.8B	3.0B
Total Liab	1.3B	2.0B	2.3B	2.4B	1.8B	1.6B
Total Current Assets	943.9M	1.2B	1.3B	1.6B	1.6B	1.1B
Accumulated Other Comprehensive Income	(1.7M)	5.0M	(4.8M)	(23.0M)	(19.4M)	(18.4M)
Short Term Debt	41.5M	53.4M	74.8M	746.9M	44.5M	42.2M
Intangible Assets	56.5M	121.8M	98.8M	70.3M	50.9M	66.3M
Common Stock	17K	18K	19K	20K	21K	16.5K
Capital Surpluse	160.3M	1.5B	1.7B	1.7B	2.0B	1.1B
Property Plant Equipment	278.1M	324.4M	310.7M	341.4M	392.6M	229.0M
Other Liab	23.1M	55.3M	49.3M	45.8M	52.6M	47.0M
Net Tangible Assets	294.9M	(146.2M)	(178.4M)	193.4M	222.4M	233.5M
Deferred Long Term Liab	153.3M	264.4M	334.4M	400.4M	460.5M	246.1M
Short Long Term Debt Total	648.5M	915.8M	882.2M	888.3M	143.1M	135.9M
Short Term Investments	414.9M	207.5M	293.8M	309.8M	248.4M	230.1M

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DocuSign Stock Based Compensation vs Depreciation Analysis

Stock Based Compensation vs Depreciation

Stock Based Compensation vs Depreciation Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Depreciation

DocuSign fundamental ratios Correlations

DocuSign Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DocuSign fundamental ratios Accounts

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Additional Tools for DocuSign Stock Analysis

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Non Current Assets Total	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Good Will	+ 0.99	Total Assets
Current Deferred Revenue	+ 0.99	Other Current Liab
Net Receivables	+ 0.99	Current Deferred Revenue
Other Current Assets	+ 0.99	Current Deferred Revenue

Other Stockholder Equity	- 0.95	Inventory
Inventory	- 0.95	Cash And Short Term Investments
Non Current Assets Total	- 0.95	Retained Earnings
Retained Earnings	- 0.95	Total Assets
Total Current Assets	- 0.94	Retained Earnings
Inventory	- 0.93	Good Will