DoubleVerify Holdings Inc (DV)

Financial leverage 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
Total assets US$ in thousands 1,276,210 1,312,350 1,272,640 1,260,190 1,243,030 1,175,180 1,082,660 1,064,860 1,037,030 1,001,420 976,017 965,683 892,194 805,997 790,102 514,394 511,334 475,326 —
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 —
Financial leverage ratio 1.18 1.16 1.15 1.15 1.16 1.16 1.16 1.18 1.18 1.19 1.19 1.19 1.12 1.10 1.10 1.21 1.23 1.42 —

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 been relatively stable over the period from June 30, 2020, to December 31, 2024. The ratio started at an undisclosed value on June 30, 2020, and then stood at 1.42 on September 30, 2020. Subsequently, it decreased to 1.23 by the end of December 2020 and further declined to 1.10 by June 30, 2021, and remained at this level until September 30, 2021.

From December 31, 2021, to December 31, 2024, the financial leverage ratio fluctuated within a relatively narrow range, varying between 1.10 and 1.19, indicating a consistent level of leverage within the company's capital structure. Overall, the financial leverage ratio hovered around 1.15-1.18 towards the end of the period, suggesting that the company has maintained a somewhat stable proportion of debt in its capital mix over time.