DocuSign Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis

DOCU Stock  USD 80.15  1.34  1.70%   
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 Common Stock Shares Outstanding and its Property Plant And Equipment Net accounts. Check out Investing Opportunities 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 main economic indicators.
For more information on how to buy DocuSign Stock please use our How to Invest in DocuSign guide.

Common Stock Shares Outstanding vs Property Plant And Equipment Net

Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DocuSign Common Stock Shares Outstanding account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between DocuSign's Common Stock Shares Outstanding and Property Plant And Equipment Net is 0.97. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of DocuSign, assuming nothing else is changed. The correlation between historical values of DocuSign's Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of DocuSign are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., DocuSign's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Investing Opportunities 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 main economic indicators.
For more information on how to buy DocuSign Stock please use our How to Invest in DocuSign guide.At this time, DocuSign's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas Selling General Administrative is likely to drop slightly above 211.1 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization81.9M86.3M95.1M63.5M
Interest Income1.4M4.5M68.9M72.3M

DocuSign fundamental ratios Correlations

0.960.950.830.840.760.960.970.3-0.950.660.921.00.710.90.980.980.990.930.94-0.090.94-0.930.990.860.94
0.960.950.720.760.60.980.970.28-0.90.640.870.970.730.890.90.960.950.840.98-0.040.86-0.830.970.880.95
0.950.950.740.780.640.920.970.23-0.890.570.910.940.790.90.920.980.920.840.92-0.230.86-0.80.960.840.93
0.830.720.740.750.880.760.79-0.09-0.920.440.80.810.740.870.860.770.780.880.74-0.450.95-0.840.770.870.64
0.840.760.780.750.570.770.830.18-0.860.690.860.830.580.780.840.830.870.880.7-0.130.8-0.760.80.710.75
0.760.60.640.880.570.660.650.1-0.770.290.690.740.50.680.840.650.70.770.62-0.270.87-0.870.710.650.58
0.960.980.920.760.770.660.950.35-0.930.70.820.980.680.880.910.950.950.890.97-0.010.89-0.870.960.90.93
0.970.970.970.790.830.650.950.18-0.930.620.930.970.810.930.940.990.950.890.95-0.180.89-0.830.980.880.92
0.30.280.23-0.090.180.10.350.18-0.150.590.030.34-0.29-0.030.250.290.360.310.230.640.11-0.350.30.020.42
-0.95-0.9-0.89-0.92-0.86-0.77-0.93-0.93-0.15-0.69-0.87-0.95-0.79-0.96-0.93-0.93-0.93-0.93-0.90.23-0.970.9-0.92-0.94-0.87
0.660.640.570.440.690.290.70.620.59-0.690.440.690.390.590.580.690.730.70.640.330.58-0.650.660.590.72
0.920.870.910.80.860.690.820.930.03-0.870.440.890.740.870.940.90.910.840.82-0.260.87-0.810.910.760.83
1.00.970.940.810.830.740.980.970.34-0.950.690.890.690.890.970.970.990.930.95-0.040.93-0.930.990.870.95
0.710.730.790.740.580.50.680.81-0.29-0.790.390.740.690.910.680.780.660.590.78-0.480.76-0.570.750.840.69
0.90.890.90.870.780.680.880.93-0.03-0.960.590.870.890.910.870.910.880.810.92-0.290.94-0.820.910.950.86
0.980.90.920.860.840.840.910.940.25-0.930.580.940.970.680.870.940.960.930.88-0.140.95-0.950.960.810.89
0.980.960.980.770.830.650.950.990.29-0.930.690.90.970.780.910.940.960.890.95-0.130.89-0.850.990.870.96
0.990.950.920.780.870.70.950.950.36-0.930.730.910.990.660.880.960.960.910.920.030.91-0.930.980.820.96
0.930.840.840.880.880.770.890.890.31-0.930.70.840.930.590.810.930.890.910.8-0.180.9-0.890.880.820.79
0.940.980.920.740.70.620.970.950.23-0.90.640.820.950.780.920.880.950.920.8-0.030.88-0.840.960.910.95
-0.09-0.04-0.23-0.45-0.13-0.27-0.01-0.180.640.230.33-0.26-0.04-0.48-0.29-0.14-0.130.03-0.18-0.03-0.22-0.04-0.06-0.330.11
0.940.860.860.950.80.870.890.890.11-0.970.580.870.930.760.940.950.890.910.90.88-0.22-0.950.910.90.84
-0.93-0.83-0.8-0.84-0.76-0.87-0.87-0.83-0.350.9-0.65-0.81-0.93-0.57-0.82-0.95-0.85-0.93-0.89-0.84-0.04-0.95-0.9-0.77-0.86
0.990.970.960.770.80.710.960.980.3-0.920.660.910.990.750.910.960.990.980.880.96-0.060.91-0.90.840.96
0.860.880.840.870.710.650.90.880.02-0.940.590.760.870.840.950.810.870.820.820.91-0.330.9-0.770.840.79
0.940.950.930.640.750.580.930.920.42-0.870.720.830.950.690.860.890.960.960.790.950.110.84-0.860.960.79
Click cells to compare fundamentals

DocuSign Account Relationship Matchups

DocuSign fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.3B2.5B3.0B3.0B2.0B
Other Current Liab137.5M222.7M214.1M264.1M277.1M142.5M
Total Current Liabilities694.0M1.1B1.4B2.2B1.7B1.0B
Total Stockholder Equity546.3M325.7M275.5M617.3M1.1B1.2B
Other Liab23.1M55.3M49.3M45.8M52.6M41.9M
Net Tangible Assets294.9M(146.2M)(178.4M)193.4M222.4M233.5M
Property Plant And Equipment Net278.1M324.4M310.7M341.4M368.4M227.6M
Current Deferred Revenue507.6M779.6M1.0B1.2B1.3B706.1M
Net Debt407.3M349.7M373.2M166.4M(654.0M)(621.3M)
Retained Earnings(1.1B)(1.4B)(1.4B)(1.6B)(1.7B)(1.8B)
Accounts Payable28.1M37.4M52.8M24.4M19.0M29.0M
Cash241.2M566.1M509.1M721.9M797.1M492.4M
Non Current Assets Total947.2M1.2B1.2B1.4B1.4B892.1M
Non Currrent Assets Other24.7M24.9M362.2M430.4M509.2M534.7M
Other Assets162.5M279.1M362.2M417.9M480.6M504.6M
Cash And Short Term Investments656.1M773.5M802.8M1.0B1.0B703.3M
Net Receivables250.3M340.5M453.5M529.4M455.2M309.8M
Good Will194.9M350.2M355.1M353.6M353.1M233.3M
Common Stock Total Equity17K18K19K20K23K15.7K
Common Stock Shares Outstanding176.7M185.8M196.7M200.9M209.0M185.0M
Liabilities And Stockholders Equity1.9B2.3B2.5B3.0B3.0B2.0B
Non Current Liabilities Total650.8M917.6M894.1M187.1M180.9M171.9M
Capital Surpluse1.7B1.7B1.7B2.2B2.6B2.7B
Inventory16.6M367K280K2.01.00.95
Other Current Assets37.1M48.4M63.2M70.0M67.0M41.9M
Other Stockholder Equity1.7B1.7B1.7B2.2B2.8B3.0B
Total Liab1.3B2.0B2.3B2.4B1.8B1.6B
Deferred Long Term Liab153.3M260.1M311.8M10.7M12.3M11.7M
Property Plant And Equipment Gross278.1M324.4M310.7M341.4M612.6M643.3M
Total Current Assets943.9M1.2B1.3B1.6B1.6B1.1B
Accumulated Other Comprehensive Income(1.7M)5.0M(4.8M)(23.0M)(19.4M)(18.4M)
Short Term Debt20.7M53.4M74.8M746.9M44.5M42.2M
Intangible Assets56.5M121.8M98.8M70.3M50.9M66.3M
Common Stock17K18K19K20K21K16.5K
Property Plant Equipment278.1M324.4M310.7M199.9M229.9M186.0M
Short Term Investments414.9M207.5M293.8M309.8M248.4M237.4M
Non Current Liabilities Other6.7M32.3M23.3M18.1M21.3M16.1M
Net Invested Capital1.0B1.0B994.0M1.3B1.1B1.1B
Net Working Capital249.9M69.2M(52.0M)(577.3M)(93.0M)(88.3M)
Short Long Term Debt Total648.5M915.8M882.2M888.3M143.1M135.9M

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When running DocuSign's price analysis, check to measure DocuSign's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DocuSign is operating at the current time. Most of DocuSign's value examination focuses on studying past and present price action to predict the probability of DocuSign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DocuSign's price. Additionally, you may evaluate how the addition of DocuSign to your portfolios can decrease your overall portfolio volatility.