DoubleVerify Holdings Inc (DV)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,073,940 | 876,859 | 799,066 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,073,940K
= 0.00
The debt-to-equity ratio of DoubleVerify Holdings Inc has shown consistency over the past three years, as indicated in the table. In 2021 and 2023, the company maintained a low debt-to-equity ratio of 0.01, demonstrating a conservative capital structure with minimal reliance on debt financing relative to equity. However, it is notable that in 2022, the company reported a debt-to-equity ratio of 0.00, suggesting that the company had no debt on its balance sheet that year. Overall, the trend in the debt-to-equity ratio indicates that DoubleVerify Holdings Inc has been managing its debt levels prudently, which may enhance its financial stability and resilience to economic downturns.
Peer comparison
Dec 31, 2023