DoubleVerify Total Current Assets vs Net Invested Capital Analysis

DV Stock  USD 19.96  0.27  1.37%   
DoubleVerify Holdings financial indicator trend analysis is much more than just examining DoubleVerify Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DoubleVerify Holdings is a good investment. Please check the relationship between DoubleVerify Holdings Total Current Assets and its Net Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DoubleVerify Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy DoubleVerify Stock please use our How to Invest in DoubleVerify Holdings guide.

Total Current Assets vs Net Invested Capital

Total Current Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DoubleVerify Holdings Total Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have totally related.
The correlation between DoubleVerify Holdings' Total Current Assets and Net Invested Capital is 0.99. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of DoubleVerify Holdings, assuming nothing else is changed. The correlation between historical values of DoubleVerify Holdings' Total Current Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of DoubleVerify Holdings are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Current Assets i.e., DoubleVerify Holdings' Total Current Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from DoubleVerify Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DoubleVerify Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DoubleVerify Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy DoubleVerify Stock please use our How to Invest in DoubleVerify Holdings guide.Tax Provision is likely to climb to about 29.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 62.8 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization30.3M41.7M40.9M32.9M
Interest Income1.2M905K814.5K773.8K

DoubleVerify Holdings fundamental ratios Correlations

0.210.940.991.0-0.920.950.90.850.990.34-0.90.990.980.990.88-0.90.940.970.960.691.00.94-0.27-0.730.88
0.21-0.110.190.15-0.450.110.250.290.17-0.610.120.170.220.140.310.1-0.020.250.070.810.170.17-0.130.010.39
0.94-0.110.950.95-0.770.90.850.790.920.54-0.930.920.940.960.78-0.930.980.920.960.450.940.88-0.3-0.80.77
0.990.190.950.98-0.890.930.910.850.950.4-0.880.950.990.990.87-0.890.960.990.990.710.980.92-0.35-0.830.87
1.00.150.950.98-0.910.950.90.840.990.38-0.920.990.980.990.87-0.920.960.960.970.651.00.94-0.26-0.730.87
-0.92-0.45-0.77-0.89-0.91-0.86-0.86-0.84-0.92-0.120.82-0.92-0.91-0.86-0.870.83-0.84-0.86-0.82-0.77-0.92-0.880.340.55-0.92
0.950.110.90.930.95-0.860.950.910.940.31-0.940.940.920.940.95-0.940.890.90.920.610.951.0-0.41-0.710.92
0.90.250.850.910.9-0.860.950.990.850.14-0.870.850.910.910.98-0.880.850.90.880.710.890.96-0.6-0.750.97
0.850.290.790.850.84-0.840.910.990.80.02-0.830.80.860.850.97-0.840.790.840.80.690.830.92-0.62-0.650.97
0.990.170.920.950.99-0.920.940.850.80.35-0.91.00.940.960.84-0.90.920.930.930.630.990.94-0.17-0.650.84
0.34-0.610.540.40.38-0.120.310.140.020.35-0.50.350.380.380.09-0.490.550.320.52-0.190.380.24-0.05-0.60.06
-0.90.12-0.93-0.88-0.920.82-0.94-0.87-0.83-0.9-0.5-0.9-0.89-0.89-0.851.0-0.95-0.82-0.9-0.4-0.91-0.920.440.7-0.84
0.990.170.920.950.99-0.920.940.850.81.00.35-0.90.940.960.84-0.90.920.930.930.630.990.94-0.17-0.650.84
0.980.220.940.990.98-0.910.920.910.860.940.38-0.890.940.980.87-0.890.960.980.980.710.980.91-0.39-0.820.89
0.990.140.960.990.99-0.860.940.910.850.960.38-0.890.960.980.87-0.890.950.990.980.670.980.93-0.3-0.80.86
0.880.310.780.870.87-0.870.950.980.970.840.09-0.850.840.870.87-0.860.790.850.840.730.860.97-0.59-0.680.98
-0.90.1-0.93-0.89-0.920.83-0.94-0.88-0.84-0.9-0.491.0-0.9-0.89-0.89-0.86-0.95-0.82-0.9-0.41-0.92-0.930.450.7-0.85
0.94-0.020.980.960.96-0.840.890.850.790.920.55-0.950.920.960.950.79-0.950.910.960.510.950.87-0.37-0.80.81
0.970.250.920.990.96-0.860.90.90.840.930.32-0.820.930.980.990.85-0.820.910.970.750.960.89-0.31-0.820.85
0.960.070.960.990.97-0.820.920.880.80.930.52-0.90.930.980.980.84-0.90.960.970.630.960.9-0.36-0.880.82
0.690.810.450.710.65-0.770.610.710.690.63-0.19-0.40.630.710.670.73-0.410.510.750.630.660.64-0.34-0.530.77
1.00.170.940.981.0-0.920.950.890.830.990.38-0.910.990.980.980.86-0.920.950.960.960.660.94-0.25-0.720.87
0.940.170.880.920.94-0.881.00.960.920.940.24-0.920.940.910.930.97-0.930.870.890.90.640.94-0.42-0.670.94
-0.27-0.13-0.3-0.35-0.260.34-0.41-0.6-0.62-0.17-0.050.44-0.17-0.39-0.3-0.590.45-0.37-0.31-0.36-0.34-0.25-0.420.56-0.61
-0.730.01-0.8-0.83-0.730.55-0.71-0.75-0.65-0.65-0.60.7-0.65-0.82-0.8-0.680.7-0.8-0.82-0.88-0.53-0.72-0.670.56-0.66
0.880.390.770.870.87-0.920.920.970.970.840.06-0.840.840.890.860.98-0.850.810.850.820.770.870.94-0.61-0.66
Click cells to compare fundamentals

DoubleVerify Holdings Account Relationship Matchups

DoubleVerify Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets466.3M511.3M892.2M1.0B1.2B834.4M
Short Long Term Debt Total78.1M27.0M4.5M83.8M86.4M61.7M
Other Current Liab4.9M25.9M47.9M32.5M53.1M30.6M
Total Current Liabilities32.0M34.0M57.0M68.9M83.9M53.4M
Total Stockholder Equity318.0M416.7M799.1M876.9M1.1B692.5M
Other Liab40.0M35.2M33.5M16.4M14.8M25.9M
Net Tangible Assets(51.7M)67.0M799.1M876.9M1.0B1.1B
Retained Earnings34.5M54.9M84.2M127.5M199.0M208.9M
Accounts Payable1.1M3.5M3.9M6.7M12.9M13.6M
Cash10.9M33.4M221.6M267.8M310.1M160.1M
Other Assets628K2.2M2.8M1.8M1.00.95
Cash And Short Term Investments10.9M33.4M221.6M267.8M310.1M160.1M
Net Receivables68.7M94.7M122.9M167.1M206.9M128.0M
Long Term Debt Total76.2M25.4M2.6M779K701.1K666.0K
Liabilities And Stockholders Equity466.3M511.3M892.2M1.0B1.2B834.4M
Capital Surpluse283.2M620.7M717.2M756.3M869.7M584.9M
Other Current Assets5.6M3.5M8.8M10.2M15.9M8.2M
Other Stockholder Equity283.5M360.0M715.4M755.5M877.6M548.5M
Total Liab148.3M94.6M93.1M160.2M169.1M141.9M
Total Current Assets85.2M141.9M367.8M445.1M533.0M301.5M
Cash And Equivalents10.9M33.4M221.6M267.8M308.0M323.4M
Short Term Debt1.8M1.5M3.9M17.8M12.0M6.8M
Intangible Assets139.6M121.7M153.4M135.4M140.9M111.5M
Property Plant Equipment10.7M18.1M17.6M47.0M54.1M56.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for DoubleVerify Stock Analysis

When running DoubleVerify Holdings' price analysis, check to measure DoubleVerify Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DoubleVerify Holdings is operating at the current time. Most of DoubleVerify Holdings' value examination focuses on studying past and present price action to predict the probability of DoubleVerify Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DoubleVerify Holdings' price. Additionally, you may evaluate how the addition of DoubleVerify Holdings to your portfolios can decrease your overall portfolio volatility.