Direct Digital Holdings (Direct Digital Holdings) Debt-to-Asset : 0.45 (As of Dec. 2023)

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What is Direct Digital Holdings Debt-to-Asset?

Direct Digital Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.60 Mil. Direct Digital Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $29.35 Mil. Direct Digital Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $69.01 Mil. Direct Digital Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.45.

Direct Digital Holdings Debt-to-Asset Historical Data

The historical data trend for Direct Digital Holdings'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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Direct Digital Holdings Debt-to-Asset Chart

Direct Digital Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.30

0.44

0.58

0.45

Direct Digital Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial										0.45	0.46	0.39	0.28	0.45

Competitive Comparison of Direct Digital Holdings's Debt-to-Asset

For the Advertising Agencies subindustry, Direct Digital Holdings'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.

Direct Digital Holdings's Debt-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Direct Digital Holdings's Debt-to-Asset distribution charts can be found below:

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

Direct Digital Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Direct Digital Holdings'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
	=	(1.604	+	29.351)	/	69.01
	=	0.45

Direct Digital Holdings's Debt-to-Asset for the quarter 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
	=	(1.604	+	29.351)	/	69.01
	=	0.45

Direct Digital Holdings (NAS:DRCTW) 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.

Direct Digital Holdings Debt-to-Asset Related Terms

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Direct Digital Holdings (Direct Digital Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Direct Digital Holdings Inc (NAS:DRCTW) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

DRCT:USA

Address

1177 West Loop South, Suite 1310, Houston, TX, USA, 77027

Website

https://www.directdigitalholdings.com

Direct Digital Holdings Inc is an end-to-end, full-service programmatic advertising platform primarily focused on providing advertising technology, data-driven campaign optimization and other solutions to underserved and less efficient markets on both the buy- and sell-side of the digital advertising ecosystem.