Return On Capital Employed Overview: DocuSign
During Q2, DocuSign‘s (NASDAQ: DOCU) reported sales totaled $342.21 million. Despite a 40.1% in earnings, the company posted a loss of $58.63 million. In Q1, DocuSign brought in $297.02 million in sales but lost $41.85 million in earnings.
What Is Return On Capital Employed?
Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company’s ROCE. A higher ROCE is generally representative of …