Direct Digital Holdings (Direct Digital Holdings) Total Assets : $69.01 Mil (As of Dec. 2023)

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What is Direct Digital Holdings Total Assets?

Direct Digital Holdings's Total Assets for the quarter that ended in Dec. 2023 was $69.01 Mil.

During the past 12 months, Direct Digital Holdings's average Total Assets Growth Rate was 18.10% per year. During the past 3 years, the average Total Assets Growth Rate was 30.00% per year.

During the past 5 years, Direct Digital Holdings's highest 3-Year average Total Assets Growth Rate was 153.00%. The lowest was 30.00%. And the median was 91.50%.

Total Assets is connected with ROA %. Direct Digital Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -6.30%. Total Assets is also linked to Revenue through Asset Turnover. Direct Digital Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.53.

Direct Digital Holdings Total Assets Historical Data

The historical data trend for Direct Digital Holdings's Total Assets 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 Total Assets Chart

Direct Digital Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

4.22

30.70

36.00

58.13

69.01

Direct Digital Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial										58.13	53.18	62.15	86.75	69.01

Direct Digital Holdings Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Direct Digital Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	2.328	+	66.682
	=	69.01

Direct Digital Holdings's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	2.328	+	66.682
	=	69.01

Direct Digital Holdings (NAS:DRCTW) Total Assets Explanation

Total Assets is connected with ROA %.

Direct Digital Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-4.904	/	( (86.748	+	69.01)	/ 2 )
	=	-4.904	/	77.879
	=	-6.30 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Direct Digital Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	41.012	/	( (86.748	+	69.01)	/ 2 )
=	41.012	/	77.879
=	0.53

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Direct Digital Holdings Total Assets 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 » Total Assets

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.