DoubleVerify Holdings Inc (DV)
Debt-to-assets ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — |
| Total assets | US$ in thousands | 1,243,030 | 1,037,030 | 892,194 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,243,030K
= 0.00
The debt-to-assets ratio for DoubleVerify Holdings Inc has remained consistently low over the past three years. As of December 31, 2023, the company reported a debt-to-assets ratio of 0.00, the same as the ratio in the previous year. This indicates that the company has not taken on any debt in relation to its total assets, suggesting a conservative approach to leveraging. In comparison, in 2021, the company had a slightly higher debt-to-assets ratio of 0.01, which still indicates a very low level of debt relative to its total assets. Overall, the trend of a stable and low debt-to-assets ratio demonstrates a strong financial position with minimal financial risk associated with debt obligations for DoubleVerify Holdings Inc.
Peer comparison
Dec 31, 2023