DigitalOcean Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $86.5 Mil. DigitalOcean Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,569.0 Mil. DigitalOcean Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-313.7 Mil.
DigitalOcean Holdings's debt to equity for the quarter that ended in Dec. 2023 was -5.28.
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 DigitalOcean Holdings's Debt-to-Equity or its related term are showing as below:
DOCN'
s Debt-to-Equity Range Over the Past 10 Years
Min: -5.28 Med: -2.64 Max: 34.38
Current: -5.28
During the past 6 years, the highest Debt-to-Equity Ratio of DigitalOcean Holdings was 34.38. The lowest was -5.28. And the median was -2.64.
DigitalOcean Holdings Debt-to-Equity Historical Data
The historical data trend for DigitalOcean Holdings'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.
|
DigitalOcean Holdings Annual Data
|
|
Trend |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
|
-2.64 |
-3.60 |
2.53 |
34.38 |
-5.28 |
|
DigitalOcean Holdings Quarterly Data
|
|
Dec18 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
34.38 |
-7.71 |
-6.20 |
-4.63 |
-5.28 |
Competitive Comparison
For the Software - Infrastructure subindustry, DigitalOcean Holdings'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.
DigitalOcean Holdings Debt-to-Equity Distribution
For the Software industry and Technology sector, DigitalOcean Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where DigitalOcean Holdings's Debt-to-Equity falls into.
DigitalOcean Holdings Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
DigitalOcean Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
DigitalOcean Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* 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.
DigitalOcean Holdings (DigitalOcean Holdings) Business Description
Traded in Other Exchanges
Address
101 6th Avenue, New York, NY, USA, 10013
DigitalOcean Holdings Inc is a cloud computing platform offering on-demand infrastructure and platform tools for developers, start-ups and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others. The group has a business presence in North America, Europe, Asia and Other countries.
Executives
| Yancey L. Spruill |
director, officer: Chief Executive Officer |
1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503 |
| Megan Wood |
officer: Chief Strategy Officer |
C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013 |
| Jeffrey Scott Guy |
officer: Chief Operating Officer |
C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013 |
| Warren Jenson |
director |
30 FREDRICK AVE, ATHERTON CA 94027 |
| Harold Matthew Norman |
officer: Chief People Officer |
C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013 |
| Christopher Merritt |
director |
C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013 |
| Carly D Brantz |
officer: Chief Marketing Officer |
C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013 |
| Alan Shapiro |
officer: General Counsel |
|
| Amy S Butte |
director |
C/O L CATTERTON MANAGEMENT, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830 |
| Matt Steinfort |
officer: Chief Financial Officer |
1805 29TH STREET SUITE 2050, BOULDER CO 80301 |
| Muhammad Aaqib Gadit |
officer: Chief Revenue Officer |
C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013 |
| Gabriel Monroy |
officer: Chief Product Officer |
C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013 |
| Adrienne Elizabeth Calderone |
officer: SVP, Chief Accounting Officer |
101 6TH AVENUE, NEW YORK NY 10013 |
| Andreessen Horowitz Fund Iii, L.p. |
10 percent owner |
2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025 |
| Ah Capital Management, L.l.c. |
10 percent owner |
2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025 |
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