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DoubleVerify Holdings (DoubleVerify Holdings) Sloan Ratio % : 4.37% (As of Mar. 2024)


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What is DoubleVerify Holdings Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

DoubleVerify Holdings's Sloan Ratio for the quarter that ended in Mar. 2024 was 4.37%.

As of Mar. 2024, DoubleVerify Holdings has a Sloan Ratio of 4.37%, indicating the company is in the safe zone and there is no funny business with accruals.


DoubleVerify Holdings Sloan Ratio % Historical Data

The historical data trend for DoubleVerify Holdings's Sloan Ratio % 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.

DoubleVerify Holdings Sloan Ratio % Chart

DoubleVerify Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial 12.24 1.76 11.79 -1.12 2.89

DoubleVerify Holdings Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.66 -1.20 3.75 2.89 4.37

Competitive Comparison of DoubleVerify Holdings's Sloan Ratio %

For the Software - Application subindustry, DoubleVerify Holdings's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % 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.


DoubleVerify Holdings's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, DoubleVerify Holdings's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where DoubleVerify Holdings's Sloan Ratio % falls into.



DoubleVerify Holdings Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

DoubleVerify Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(71.466-119.741
--84.249)/1243.031
=2.89%

DoubleVerify Holdings's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(66.447-130.089
--118.754)/1260.193
=4.37%

DoubleVerify Holdings's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 12.839 (Jun. 2023 ) + 13.347 (Sep. 2023 ) + 33.105 (Dec. 2023 ) + 7.156 (Mar. 2024 ) = $66.4 Mil.
DoubleVerify Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 10.738 (Jun. 2023 ) + 35.522 (Sep. 2023 ) + 52.055 (Dec. 2023 ) + 31.774 (Mar. 2024 ) = $130.1 Mil.
DoubleVerify Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -3.572 (Jun. 2023 ) + -71.878 (Sep. 2023 ) + -4.7 (Dec. 2023 ) + -38.604 (Mar. 2024 ) = $-118.8 Mil.

* 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.


DoubleVerify Holdings  (NYSE:DV) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Mar. 2024, DoubleVerify Holdings has a Sloan Ratio of 4.37%, indicating the company is in the safe zone and there is no funny business with accruals.


DoubleVerify Holdings Sloan Ratio % Related Terms

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DoubleVerify Holdings (DoubleVerify Holdings) Business Description

Traded in Other Exchanges
N/A
Address
462 Broadway, New York, NY, USA, 10013
DoubleVerify Holdings Inc is a digital media measurement and analytics software platform. The Authentic Ad ensures that a digital ad was delivered in a brand-safe setting, completely viewable, by a real individual, and in the expected geography, is one of its solutions. It generates revenues from its advertisement customers by charging a Measured Transaction Fee on the volume of Media Transactions Measured on the software platform.
Executives
Julie Eddleman officer: Global Chief Comm. Officer C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Nicola T Allais officer: Chief Financial Officer C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Laura Desmond director 345 PARK AVENUE, SAN JOSE CA 95110
Mark Zagorski director, officer: Chief Executive Officer C/O TREMOR VIDEO, INC., 1501 BROADWAY, SUITE 801, NEW YORK NY 10036
Providence Vii U.s. Holdings L.p. 10 percent owner C/O PROVIDENCE EQUITY PARTNERS, L.L.C., 50 KENNEDY PLAZA, 18TH FL, PROVIDENCE RI 02903
Robert Davis Noell director, 10 percent owner C/O STREAM GLOBAL SERVICES, INC., 20 WILLIAM STREET, SUITE 310, WELLESLEY MA 02481
Andrew E Grimmig officer: Chief Legal Officer C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Sundeep Jain director C/O DOUBLEVERIFY HOLDINGS, INC., 160 VARICK STREET, SUITE 03-120, NEW YORK NY 10013
Matthew F. Mclaughlin officer: Chief Operating Officer C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
David James Blumberg 10 percent owner 432 BRYANT ST., SAN FRANCISCO CA 94107
Blumberg Capital Management Ii, L.l.c. 10 percent owner 432 BRYANT ST, SAN FRANCISCO CA 94107
Rosario C Perez director C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Scott Wagner director C/O WILSON SONSINI GOODRICH AND ROSATI, 650 PAGE MILL ROAD, PALO ALTO CA 94304
Karim A Tabet 10 percent owner C/O PROVIDENCE EQUITY PARTNERS, L.L.C., 50 KENNEDY PLAZA, 18TH FL, PROVIDENCE RI 02903
Andrew A Tisdale 10 percent owner C/O PROVIDENCE EQUITY PARTNERS, L.L.C., 50 KENNEDY PLAZA, 18TH FL, PROVIDENCE RI 02903