DoubleVerify Holdings Inc (DV)

Debt-to-assets ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 1,276,210 1,243,030 1,037,030 892,194 511,334
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,276,210K
= 0.00

The debt-to-assets ratio for DoubleVerify Holdings Inc has been consistently reported as 0.00 from December 31, 2020 to December 31, 2024. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 signifies that all of the company's assets are funded by equity rather than debt. This low ratio suggests that DoubleVerify Holdings Inc has a strong financial position with minimal financial risk associated with debt. It also indicates that the company may be relying on internal resources and equity financing to support its operations and growth, rather than taking on debt obligations.