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.