DoubleVerify Holdings Inc (DV)

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

The debt-to-equity ratio of DoubleVerify Holdings Inc has been consistently 0.00 from June 30, 2020, to December 31, 2024. This indicates that the company has had no debt on its balance sheet relative to its equity during this period. A debt-to-equity ratio of 0.00 signifies that the company's financing is mostly derived from equity rather than debt, which can be viewed positively as it implies a lower financial risk since there is no significant debt obligation. It also suggests that the company has sufficient internal funds or equity to support its operations and growth without relying heavily on borrowing.