DoubleVerify Net Income vs Cost of Revenue Analysis

DV Stock  USD 30.03  0.14  0.46%   
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 Net Income and its Cost Of Revenue 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 tightly coupled 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.

Net Income vs Cost Of Revenue

Net Income vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DoubleVerify Holdings Net Income account and Cost of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between DoubleVerify Holdings' Net Income and Cost of Revenue is 0.98. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost of Revenue 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' Net Income and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of DoubleVerify Holdings are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Net Income i.e., DoubleVerify Holdings' Net Income and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in DoubleVerify Holdings financial statement analysis. It represents the amount of money remaining after all of DoubleVerify Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Cost Of Revenue

Cost of Revenue is found on DoubleVerify Holdings income statement and represents the costs associated with goods and services DoubleVerify Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 tightly coupled 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.At this time, DoubleVerify Holdings' Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 84.61 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization30.6M35.6M40.9M32.0M
Interest Income1.2M905K814.5K773.8K

DoubleVerify Holdings fundamental ratios Correlations

0.210.880.991.0-0.920.950.90.850.990.34-0.90.990.980.990.88-0.90.940.80.960.691.00.94-0.27-0.730.88
0.210.480.190.15-0.450.110.250.290.17-0.610.120.170.220.140.310.1-0.02-0.340.070.810.170.17-0.130.010.39
0.880.480.860.85-0.930.910.940.930.850.02-0.790.850.870.840.97-0.810.770.540.80.830.860.93-0.55-0.620.99
0.990.190.860.98-0.890.930.910.850.950.4-0.880.950.990.990.87-0.890.960.840.990.710.980.92-0.35-0.830.87
1.00.150.850.98-0.910.950.90.840.990.38-0.920.990.980.990.87-0.920.960.830.970.651.00.94-0.26-0.730.87
-0.92-0.45-0.93-0.89-0.91-0.86-0.86-0.84-0.92-0.120.82-0.92-0.91-0.86-0.870.83-0.84-0.55-0.82-0.77-0.92-0.880.340.55-0.92
0.950.110.910.930.95-0.860.950.910.940.31-0.940.940.920.940.95-0.940.890.80.920.610.951.0-0.41-0.710.92
0.90.250.940.910.9-0.860.950.990.850.14-0.870.850.910.910.98-0.880.850.740.880.710.890.96-0.6-0.750.97
0.850.290.930.850.84-0.840.910.990.80.02-0.830.80.860.850.97-0.840.790.660.80.690.830.92-0.62-0.650.97
0.990.170.850.950.99-0.920.940.850.80.35-0.91.00.940.960.84-0.90.920.770.930.630.990.94-0.17-0.650.84
0.34-0.610.020.40.38-0.120.310.140.020.35-0.50.350.380.380.09-0.490.550.70.52-0.190.380.24-0.05-0.60.06
-0.90.12-0.79-0.88-0.920.82-0.94-0.87-0.83-0.9-0.5-0.9-0.89-0.89-0.851.0-0.95-0.86-0.9-0.4-0.91-0.920.440.7-0.84
0.990.170.850.950.99-0.920.940.850.81.00.35-0.90.940.960.84-0.90.920.770.930.630.990.94-0.17-0.650.84
0.980.220.870.990.98-0.910.920.910.860.940.38-0.890.940.980.87-0.890.960.820.980.710.980.91-0.39-0.820.89
0.990.140.840.990.99-0.860.940.910.850.960.38-0.890.960.980.87-0.890.950.870.980.670.980.93-0.3-0.80.86
0.880.310.970.870.87-0.870.950.980.970.840.09-0.850.840.870.87-0.860.790.660.840.730.860.97-0.59-0.680.98
-0.90.1-0.81-0.89-0.920.83-0.94-0.88-0.84-0.9-0.491.0-0.9-0.89-0.89-0.86-0.95-0.86-0.9-0.41-0.92-0.930.450.7-0.85
0.94-0.020.770.960.96-0.840.890.850.790.920.55-0.950.920.960.950.79-0.950.90.960.510.950.87-0.37-0.80.81
0.8-0.340.540.840.83-0.550.80.740.660.770.7-0.860.770.820.870.66-0.860.90.90.270.810.75-0.33-0.870.61
0.960.070.80.990.97-0.820.920.880.80.930.52-0.90.930.980.980.84-0.90.960.90.630.960.9-0.36-0.880.82
0.690.810.830.710.65-0.770.610.710.690.63-0.19-0.40.630.710.670.73-0.410.510.270.630.660.64-0.34-0.530.77
1.00.170.860.981.0-0.920.950.890.830.990.38-0.910.990.980.980.86-0.920.950.810.960.660.94-0.25-0.720.87
0.940.170.930.920.94-0.881.00.960.920.940.24-0.920.940.910.930.97-0.930.870.750.90.640.94-0.42-0.670.94
-0.27-0.13-0.55-0.35-0.260.34-0.41-0.6-0.62-0.17-0.050.44-0.17-0.39-0.3-0.590.45-0.37-0.33-0.36-0.34-0.25-0.420.56-0.61
-0.730.01-0.62-0.83-0.730.55-0.71-0.75-0.65-0.65-0.60.7-0.65-0.82-0.8-0.680.7-0.8-0.87-0.88-0.53-0.72-0.670.56-0.66
0.880.390.990.870.87-0.920.920.970.970.840.06-0.840.840.890.860.98-0.850.810.610.820.770.870.94-0.61-0.66
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 Liab4.9M2.3M8.4M53.3M53.1M55.8M
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
Cash10.9M33.4M221.6M267.8M310.3M160.1M
Other Assets628K2.2M2.8M1.8M1.00.95
Cash And Short Term Investments10.9M33.4M221.6M267.8M310.3M160.1M
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 Assets5.6M13.9M23.3M10.2M15.8M12.7M
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 Debt1.8M1.5M2.0M8.9M12.0M12.6M
Intangible Assets139.6M121.7M153.4M135.4M140.9M111.5M
Property Plant Equipment10.7M18.1M17.6M47.0M54.1M56.8M

Pair Trading with DoubleVerify Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DoubleVerify Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DoubleVerify Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with DoubleVerify Stock

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Moving against DoubleVerify Stock

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The ability to find closely correlated positions to DoubleVerify Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DoubleVerify Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DoubleVerify Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DoubleVerify Holdings to buy it.
The correlation of DoubleVerify Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DoubleVerify Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DoubleVerify Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DoubleVerify Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether DoubleVerify Holdings is a strong investment it is important to analyze DoubleVerify Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DoubleVerify Holdings' future performance. For an informed investment choice regarding DoubleVerify Stock, refer to the following important reports:
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 tightly coupled 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.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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Is DoubleVerify Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DoubleVerify Holdings. If investors know DoubleVerify will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DoubleVerify Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.891
Earnings Share
0.41
Revenue Per Share
3.412
Quarterly Revenue Growth
0.289
Return On Assets
0.0477
The market value of DoubleVerify Holdings is measured differently than its book value, which is the value of DoubleVerify that is recorded on the company's balance sheet. Investors also form their own opinion of DoubleVerify Holdings' value that differs from its market value or its book value, called intrinsic value, which is DoubleVerify Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DoubleVerify Holdings' market value can be influenced by many factors that don't directly affect DoubleVerify Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DoubleVerify Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DoubleVerify Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DoubleVerify Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.