DoubleVerify Total Operating Expenses vs Income Tax Expense Analysis

DV Stock  USD 20.77  0.30  1.47%   
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 Operating Expenses and its Income Tax Expense 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 Operating Expenses vs Income Tax Expense

Total Operating Expenses vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DoubleVerify Holdings Total Operating Expenses account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between DoubleVerify Holdings' Total Operating Expenses and Income Tax Expense is 0.74. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Tax Expense 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 Operating Expenses and Income Tax Expense 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 Operating Expenses of DoubleVerify Holdings are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Total Operating Expenses i.e., DoubleVerify Holdings' Total Operating Expenses and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Income Tax Expense

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

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