DoubleVerify Holdings Inc (DV)
Financial leverage ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,243,030 | 1,175,180 | 1,082,660 | 1,064,860 | 1,037,030 | 1,001,420 | 976,017 | 965,683 | 892,194 |
| Total stockholders’ equity | US$ in thousands | 1,073,940 | 1,011,280 | 934,222 | 903,198 | 876,859 | 840,015 | 821,335 | 813,689 | 799,066 |
| Financial leverage ratio | 1.16 | 1.16 | 1.16 | 1.18 | 1.18 | 1.19 | 1.19 | 1.19 | 1.12 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,243,030K ÷ $1,073,940K
= 1.16
The financial leverage ratio of DoubleVerify Holdings Inc has been relatively stable in recent quarters, ranging from 1.16 to 1.19. This indicates that the company's level of debt relative to its equity has remained consistent over the period analyzed. A ratio above 1 suggests that the company relies more on debt to finance its operations than equity. The slight variations in the ratio do not indicate any significant shifts in the company's capital structure or financial risk during this time. Overall, DoubleVerify Holdings Inc appears to maintain a moderate level of leverage in its capital structure.
Peer comparison
Dec 31, 2023