DoubleVerify Holdings Inc (DV)

Debt-to-assets ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 1,276,210 1,312,350 1,272,640 1,260,190 1,243,030 1,175,180 1,082,660 1,064,860 1,037,030 1,001,420 976,017 965,683 892,194 805,997 790,102 514,394 511,334 475,326
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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

DoubleVerify Holdings Inc has consistently maintained a debt-to-assets ratio of 0.00% for the periods reported from June 30, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing significantly in relation to its total assets during this time frame. A consistent low or zero debt-to-assets ratio suggests that the company relies on equity financing to fund its operations and investments, which may imply a lower financial risk and a strong financial position. Investors and creditors may view this stability positively as it indicates a lower probability of financial distress and potential insolvency.