DigitalOcean Holdings Inc (DOCN)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,485,370 | 1,477,800 | 1,470,270 | 1,462,680 |
| Total stockholders’ equity | US$ in thousands | -202,955 | -313,698 | 47,569 | 578,197 |
| Debt-to-equity ratio | — | — | 30.91 | 2.53 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,485,370K ÷ $-202,955K
= —
The Debt-to-Equity ratio for DigitalOcean Holdings Inc has shown significant fluctuations over the years. As of December 31, 2021, the ratio stood at 2.53, indicating that the company had a moderate level of debt in relation to its equity. However, by December 31, 2022, the ratio spiked to 30.91, suggesting a substantial increase in debt compared to equity.
The absence of data for December 31, 2023, and December 31, 2024, makes it challenging to provide a complete analysis of the trend. It is crucial for investors and stakeholders to monitor the company's debt levels closely in the following periods to assess its financial leverage and risk exposure accurately.
Peer comparison
Dec 31, 2024