DoubleVerify Holdings Inc (DV)
Financial leverage ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Total assets | US$ in thousands | 1,276,210 | 1,243,030 | 1,037,030 | 892,194 | 511,334 |
Total stockholders’ equity | US$ in thousands | 1,083,460 | 1,073,940 | 876,859 | 799,066 | 416,695 |
Financial leverage ratio | 1.18 | 1.16 | 1.18 | 1.12 | 1.23 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,276,210K ÷ $1,083,460K
= 1.18
The financial leverage ratio of DoubleVerify Holdings Inc has shown fluctuations over the years, ranging from 1.12 to 1.23. This ratio indicates that the company has been relying more on debt financing relative to its equity in recent years. Despite some variability, the trend seems to suggest a moderate level of financial leverage, with the ratio hovering around 1.18 in the most recent periods. It is important for the company to carefully manage its debt levels to ensure it maintains a healthy balance between debt and equity in its capital structure.
Peer comparison
Dec 31, 2024
Company name
Symbol
Financial leverage ratio
DoubleVerify Holdings Inc
DV
1.18
Alphabet Inc Class A
GOOGL
1.39
Alphabet Inc Class C
GOOG
1.39
DigitalOcean Holdings Inc
DOCN
—
HealthStream Inc
HSTM
1.42
Meta Platforms Inc.
META
1.51
Sabre Corpo
SABR
—
TripAdvisor Inc
TRIP
2.72