DocuSign Gross Profit Margin vs Pretax Profit Margin 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 Gross Profit Margin and its Pretax Profit Margin 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.

Gross Profit Margin vs Pretax Profit Margin

Gross Profit Margin vs Pretax Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DocuSign Gross Profit Margin account and Pretax Profit Margin. At this time, the significance of the direction appears to have weak relationship.
The correlation between DocuSign's Gross Profit Margin and Pretax Profit Margin is 0.31. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Pretax Profit Margin in the same time period over historical financial statements of DocuSign, assuming nothing else is changed. The correlation between historical values of DocuSign's Gross Profit Margin and Pretax Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of DocuSign are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Gross Profit Margin i.e., DocuSign's Gross Profit Margin and Pretax Profit Margin go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Gross Profit Margin

Pretax Profit Margin

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

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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
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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
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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
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-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
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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
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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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Additional Tools for DocuSign Stock Analysis

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.