Company name:

DocuSign Inc

  • IPO SHARE PRICE:
    $29.00
  • IPO DATE:
    27 April 2018
  • TICKER:
    DOCU
  • MAIN STOCK EXCHANGE:
    NASDAQ Global Select
  • CURRENT HQ LOCATION:
    221 Main St Suite 1550 San Francisco California 94105
  • FISCAL YEAR END:
    January 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

DocuSign Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Balance Sheet

Quarterly Annual
(USD in thousand)
24.2% 8.9% 13.8%
Selected Year:
31-Jan
2021
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
49.7%
24.2% —

Cash and cash equivalents

13.8% —

Accounts Receivable

8.9% —

Short-term passive investments

2.1% —

Prepaid expenses and other current assets

0.7% —

Contract assets current portion

Liquidity
Selected Year:
The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
Cash and cash equivalents 		$256,867 $517,811 $241,203 $566,055
Short-term passive investments - 251,203 414,939 207,450
Restricted cash and cash equivalents 569 367 280 -
Accounts Receivable 123,750 174,548 237,841 323,570
Prepaid expenses and other current assets 23,349 29,976 37,405 48,390
Contract assets current portion 14,260 10,616 12,502 16,883
Total current assets $418,795 $984,521 $943,890 $1,162,348
4.0% 7.1% 6.8% 11.1% 5.2% 15.0%
Selected Year:
31-Jan
2021
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
50.3%
15.0% —

Goodwill

11.1% —

Deferred contract acquisition costs

7.1% —

Property and equipment net

6.8% —

Operating lease - right-of-use assets

5.2% —

Intangible assets

4.0% —

Long-term passive investments

1.1% —

Other assets non-current
Selected Year:
Long-term passive investments - 164,220 239,729 92,717
Property and equipment net 63,019 75,832 128,293 165,039
Operating lease - right-of-use assets - - 149,833 159,352
Deferred contract acquisition costs 75,535 112,583 153,333 260,130
Intangible assets
14,148 74,203 56,500 121,828
Goodwill
37,306 195,225 194,882 350,151
Other assets non-current 11,170 8,833 24,678 24,942
Total non-current assets 201,178 630,896 947,248 1,174,159
Total assets $619,973 $1,615,417 $1,891,138 $2,336,507
33.4% 6.7% 29.7% 7.1% 72.9%
Selected Year:
31-Jan
2021
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
46.8%
33.4% —

Contract liabilities

6.7% —

Accrued employee compensation

2.8% —

Accrued expenses and other current liabilities

1.6% —

Accounts payable

1.4% —

Current portion of Operating leases

0.9% —

Senior convertible notes
Selected Year:
Accounts payable $23,713 $19,590 $28,144 $37,367
Accrued employee compensation 50,852 77,553 83,189 156,158
Accrued expenses 15,734 - - -
Accrued expenses and other current liabilities - 35,658 54,344 66,566
Deferred rent 1,758 2,452 - -
Contract liabilities 270,188 381,060 507,560 779,642
Senior convertible notes - - - 20,469
Current portion of Operating leases - - 20,728 32,971
Other current liabilities 11,574 - - -
Total current liabilities $373,819 $516,313 $693,965 $1,093,173
Selected Year:
31-Jan
2021
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
39.1%
29.7% —

Senior convertible notes

7.1% —

Operating leases

1.4% —

Other non-current liabilities

0.7% —

Contract liabilities

0.3% —

Deferred tax liability
Selected Year:
Contract liabilities 7,736 7,712 11,478 16,492
Deferred tax liability 2,511 4,207 4,920 6,464
Deferred rent 23,044 24,195 - -
Senior convertible notes
- 438,932 465,321 693,219
Operating leases
- - 162,432 165,704
Other non-current liabilities 4,010 9,696 6,695 32,328
Total long-term liabilities $37,301 $484,742 $650,846 $914,207
Total Liabilities $411,120 $1,001,055 $1,344,811 $2,007,380
Selected Year:
31-Jan
2021
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
13.9%
72.9% —

Additional paid-in capital

0.2% —

Accumulated other comprehensive (loss) income

0.1% —

Senior convertible notes

0.0% —

Common stock
Selected Year:
Senior convertible notes - - - $3,390
Redeemable convertible preferred stock
547,501 - - -
Common stock 4 17 18 19
Treasury Stock at cost - - - (1,048)
Accumulated deficit
(502,320) (928,778) (1,137,185) (1,380,452)
Additional paid-in capital
160,265 1,545,088 1,685,167 1,702,254
Accumulated other comprehensive (loss) income 3,403 - (1,673) 4,964
Accumulated other comprehensive loss - (1,965) (1,673) -
Total Equity ($338,648) $614,362 $546,327 $325,737
Total Liabilities and Equity $619,973 $1,615,417 $1,891,138 $2,336,507