Dave (DAVE) Debt-to-Asset : 0.32 (As of Mar. 2024)

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What is Dave Debt-to-Asset?

Dave's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.3 Mil. Dave's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $75.5 Mil. Dave's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $235.6 Mil. Dave's debt to asset for the quarter that ended in Mar. 2024 was 0.32.

Dave Debt-to-Asset Historical Data

The historical data trend for Dave's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dave Debt-to-Asset Chart

Dave Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.04

0.08

0.50

0.55

0.62

Dave Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial											0.59	0.61	0.61	0.62	0.32

Competitive Comparison of Dave's Debt-to-Asset

For the Software - Application subindustry, Dave's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dave's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Dave's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Dave's Debt-to-Asset falls into.

Dave Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Dave's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.298	+	180.994)	/	294.023
	=	0.62

Dave's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.31	+	75.46)	/	235.599
	=	0.32

Dave (NAS:DAVE) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Dave Debt-to-Asset Related Terms

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Dave (DAVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Dave Inc (NAS:DAVE) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1265 South Cochran Ave, Los Angeles, CA, USA, 90019

Website

https://www.dave.com

Dave Inc is engaged in offering banking app that offers its customers banking, financial insights, overdraft protection, building credit, and finding side gigs.

Executives

Kyle Beilman	officer: CFO and Secretay	C/O DAVE INC., 1265 SOUTH COCHRAN AVENUE, LOS ANGELES CA 90019
Jason Wilk	director, officer: Chief Executive Officer	C/O DAVE INC., 1265 SOUTH COCHRAN AVENUE, LOS ANGELES CA 90019
Section 32 Fund 1, Lp	10 percent owner	169 UNIVERSITY AVE., PALO ALTO CA 94301
Teresa Luna Aragones	director	C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Section 32 Gp 1, Llc	10 percent owner	169 UNIVERSITY AVE., PALO ALTO CA 94301
William J Maris	10 percent owner	2033 SAN ELIJO AVE., #565, CARDIFF-BY-THE-SEA CA 92007
Michael W Pope	director	601 BRANNAN STREET, SAN FRANCISCO CA 94107
Dan Preston	director	C/O METROMILE, INC., 425 MARKET STREET, SUITE 700, SAN FRANCISCO CA 94105
Andrea Mitchell	director	C/O DAVE INC., 1265 SOUTH COCHRAN AVENUE, LOS ANGELES CA 90019
Charles S Paul	director, 10 percent owner	C/O AMC ENTERTAINMENT INC, 920 MAIN ST, KANSAS CITY MO 64105
Peter Offenhauser	director	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Janet Kloppenburg	director	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Vpc Impact Acquisition Holdings Sponsor Iii, Llc	director, 10 percent owner, other: See Remarks	150 NORTH RIVERSIDE PLAZA, SUITE 5200, CHICAGO IL 60606
Carly Altieri	officer: Chief Financial Officer	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Brendan Carroll	director, officer: Co-Chief Executive Officer	C/O VICTORY PARK CAPITAL ADVISORS, LLC, 227 W. MONROE STREET, SUITE 3900, CHICAGO IL 60606