DigitalOcean Holdings Inc (DOCN) — Tangible Net Worth Ratio
DigitalOcean Holdings Inc (DOCN) has a Tangible Net Worth Ratio of 91.7% as of June 2023. This metric is calculated by deducting intangible assets ($113.85 Million) from net assets ($1.37 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See DigitalOcean Holdings Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
DigitalOcean Holdings Inc Tangible Net Worth Ratio (2018–2022)
This chart shows how DigitalOcean Holdings Inc's Tangible Net Worth Ratio has changed across 4 annual periods from 2018 to 2022. As of June 2023, the ratio stands at 91.7%, reflecting net assets of $1.37 Billion with intangible assets of $113.85 Million USD. See DOCN cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for DigitalOcean Holdings Inc (2018–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for DigitalOcean Holdings Inc from 2018 to 2022, covering 4 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see DOCN market cap.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -150.0% | $47.57 Million | $118.93 Million | $1.82 Billion | ▼ -242.6 pp |
| 2021 | 92.6% | $578.20 Million | $42.91 Million | $2.10 Billion | ▲ +104.2 pp |
| 2019 | -11.6% | $50.98 Million | $56.91 Million | $302.49 Million | ▼ -59.9 pp |
| 2018 | 48.3% | $66.40 Million | $34.36 Million | $245.06 Million | — |