Direct Digital Holdings, Inc.

Direct Digital Holdings, Inc.verified

DRCT

Price:

$2.4924

Market Cap:

$35.76M

Direct Digital Holdings, Inc. operates as an end-to-end full-service programmatic advertising platform. The company's platform primarily focuses 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. It serves various industry verticals, such as travel, healthcare, education, financial services, consumer products, etc. with focus on small- and mid-sized businesses. The company was founded in 2018 and is headquartered in Houston, Texas.[Read more]

Industry

Advertising Agencies

IPO Date

2022-02-11

Stock Exchange

NASDAQ

Ticker

DRCT

The Current Ratio as of September 2024 (TTM) for Direct Digital Holdings, Inc. (DRCT) is 1.33

According to Direct Digital Holdings, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.33. This represents a change of 8.54% compared to the average of 1.23 of the last 4 quarters.

Direct Digital Holdings, Inc. (DRCT) Historical Current Ratio (quarterly & annually)

How has DRCT Current Ratio performed in the past?

The mean historical Current Ratio of Direct Digital Holdings, Inc. over the last ten years is 1.07. The current 1.33 Current Ratio has changed 12.32% with respect to the historical average. Over the past ten years (40 quarters), DRCT's Current Ratio was at its highest in in the December 2021 quarter at 1.42. The Current Ratio was at its lowest in in the March 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

1.07

Median

1.20

Minimum

0.43

Maximum

1.42

Direct Digital Holdings, Inc. (DRCT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Direct Digital Holdings, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 126.66%

Maximum Annual Current Ratio = 1.42

Minimum Annual Increase = -15.61%

Minimum Annual Current Ratio = 0.43

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.3311.34%
20221.20-15.61%
20211.4244.29%
20200.98126.66%

Direct Digital Holdings, Inc. (DRCT) Average Current Ratio

How has DRCT Current Ratio performed in the past?

The current Current Ratio of Direct Digital Holdings, Inc. (DRCT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.31

5-year avg

1.07

10-year avg

1.07

Direct Digital Holdings, Inc. (DRCT) Current Ratio vs. Peers

How is DRCT’s Current Ratio compared to its peers?

Direct Digital Holdings, Inc.’s Current Ratio is less than Emerald Holding, Inc. (1.34), less than Mirriad Advertising plc (3.46), greater than EQ Inc. (0.47), greater than INEO Tech Corp. (0.33), less than Quotient Technology Inc. (1.37), less than Marchex, Inc. (2.37), less than Entravision Communications Corporation (3.04), greater than Cimpress plc (0.69), greater than Townsquare Media, Inc. (1.28), less than QuinStreet, Inc. (1.34), less than Direct Digital Holdings, Inc. (1.33), greater than Travelzoo (0.87), less than Ziff Davis, Inc. (1.91),

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