DoubleVerify Holdings Inc (DV)
Debt-to-capital ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | 22,000 |
| Total stockholders’ equity | US$ in thousands | 1,073,940 | 1,011,280 | 934,222 | 903,198 | 876,859 | 840,015 | 821,335 | 813,689 | 799,066 | 732,756 | 719,416 | 424,616 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,073,940K)
= 0.00
The debt-to-capital ratio of DoubleVerify Holdings Inc has remained consistently low over the past eight quarters, fluctuating between 0.00 and 0.01. This indicates that the company has a relatively conservative level of debt compared to its total capital structure. Maintaining a low debt-to-capital ratio suggests a lower level of financial risk and may indicate that DoubleVerify has a stable and healthy financial position. Furthermore, the stability of the ratio over time reflects a consistent approach to managing the company's capital structure and debt obligations.
Peer comparison
Dec 31, 2023