Innovid (Innovid) Debt-to-Equity : 0.11 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Innovid Debt-to-Equity?

Innovid's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.2 Mil. Innovid's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $20.6 Mil. Innovid's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $196.0 Mil. Innovid's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Innovid's Debt-to-Equity or its related term are showing as below:

CTV' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.22 Med: 0.05 Max: 0.12
Current: 0.11

During the past 5 years, the highest Debt-to-Equity Ratio of Innovid was 0.12. The lowest was -0.22. And the median was 0.05.

CTV's Debt-to-Equity is ranked better than
70.58% of 843 companies
in the Media - Diversified industry
Industry Median: 0.29 vs CTV: 0.11

Innovid Debt-to-Equity Historical Data

The historical data trend for Innovid's Debt-to-Equity 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.

* Premium members only.

Innovid Debt-to-Equity Chart

Innovid Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.01

-0.22

0.05

0.12

0.11

Innovid Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.12	0.12	0.12	0.12	0.11

Competitive Comparison of Innovid's Debt-to-Equity

For the Advertising Agencies subindustry, Innovid's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Innovid's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Innovid's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Innovid's Debt-to-Equity falls into.

Innovid Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Innovid's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.2	+	20.634)	/	195.99
	=	0.11

Innovid's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.2	+	20.634)	/	195.99
	=	0.11

Innovid (NYSE:CTV) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Innovid Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Innovid's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Innovid (Innovid) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Innovid Corp (NYSE:CTV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Irving Place, 12th Floor, New York, NY, USA, 10003

Website

https://www.innovid.com

Innovid Corp is a software platform that provides ad serving, measurement and creative services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV and desktop TV environments to advertisers, publishers and media agencies. It is engaged in ad serving, measurement and creative services.

Executives

Anthony Callini	officer: Chief Financial Officer	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
David Helmreich	officer: Chief Commercial Officer	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Zvika Netter	director, officer: Chief Executive Officer	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Gilad Shany	director	89 MEDINAT HAYEHUDIM, HERZLIYA L3 4676672
Rachel Lam	director	C/O TREMOR VIDEO, INC., 53 WEST 23RD STREET, NEW YORK NY 10010
Genevieve Juillard	director	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Genesis Partners Iii Lp	10 percent owner	POB 12866, HERTZLYIA PITUACH L3 46733
Eddy Shalev	10 percent owner	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Eyal Kishon	10 percent owner	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Kenneth Markus	officer: Chief Operating Officer	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Tanya Andreev-kaspin	officer: Chief Financial Officer	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Tal Chalozin	officer: Chief Technology Officer	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Brian F. Hughes	director	124 COLONIAL RIDGE DRIVE, HADDONFIELD NJ 08033
Jonathan Saacks	director	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Haim Sadger	10 percent owner	C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025