DoubleVerify Holdings Inc (DV)

Debt-to-capital 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 stockholders’ equity US$ in thousands 1,083,460 1,130,580 1,105,160 1,097,090 1,073,940 1,011,280 934,222 903,198 876,859 840,015 821,335 813,689 799,066 732,756 719,416 424,616 416,695 335,198
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 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,083,460K)
= 0.00

The debt-to-capital ratio for DoubleVerify Holdings Inc has been consistently at 0.00% from June 30, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations relative to its capital structure during this period. A debt-to-capital ratio of 0.00% suggests that the company has been wholly financed by equity, which may reflect a conservative financial strategy or strong profitability generating sufficient internal funds to support its operations and growth initiatives. Additionally, a low or zero debt-to-capital ratio can signify financial stability, minimizing the financial risk associated with debt obligations.