DocuSign, Inc.

Halal Rating :
Comfortable
Last Price $84.2
Market Cap $17.04b
1D Change

1.13 %

1 Year Change

61.71 %

Next Earnings Date

Yet to be announced

Company Overview

DocuSign, Inc. provides electronic signature solutions and digital transaction management services. The company offers its e-signature solution that enables businesses to digitally prepare, sign, act on, and manage agreements. Its platform automates manual, paper-based processes allowing users to manage all aspects of documented business transactions including identity management, authentication, digital signature, forms and data collection, collaboration, workflow automation and storage.

Revenue Sources

Pass

DocuSign's primary revenue comes from its e-signature and agreement cloud services, which are halal business activities. The company provides legitimate software and services that facilitate digital document management and electronic signatures. These services create real value for customers and do not involve any haram activities like gambling, alcohol, tobacco, or adult entertainment.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Jan. 31, 2025 $776.25m $716.18m - $400,000 0.00% 0.06%
Oct. 31, 2024 $754.82m $696.25m - $462,000 0.00% 0.07%
July 31, 2024 $736.03m $678.77m - $544,000 0.00% 0.08%
April 30, 2024 $709.64m $687.16m - $144,000 0.00% 0.02%

Based on the financial data from the last four quarters, DocuSign's interest expense remains consistently low relative to its total expenses. Interest expense ratios have stayed well below the 5% threshold that would indicate material reliance on interest-bearing debt. The company's primary source of revenue comes from its core operations rather than interest-based activities.

Operational Ethics

Pass

After reviewing available information from SEC filings and company documentation, there is no evidence of substantial ongoing relationships with entities involved in human rights violations. While the company operates globally, there are no documented material ties to the Chinese Communist Party or the state of Israel that would raise concerns.

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