DigitalOcean Holdings, Inc.

NYSE DOCN

DigitalOcean Holdings, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: 9.94

DigitalOcean Holdings, Inc. Interest Coverage Ratio is 9.94 for the Trailing 12 Months (TTM) ending September 30, 2024, a 795.30% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

DigitalOcean Holdings, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 1.11, a 152.80% change year over year.
DigitalOcean Holdings, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was -2.10, a 18.71% change year over year.
DigitalOcean Holdings, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was -2.59.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NYSE: DOCN

DigitalOcean Holdings, Inc.

CEO	Mr. Padmanabhan T. Srinivasan
IPO Date	March 24, 2021
Location	United States
Headquarters	101 6th Avenue
Employees	1,156
Sector	Communication Services
Industries Cloud Servers Big Data Database Software-as-a-Service (SaaS) Software & Operating Systems

Description

DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. Its platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and medium size businesses. The company offers infrastructure solutions across compute, storage, and networking, as well as enables developers to extend the native capabilities of its cloud with fully managed application, container, and database offerings. Its users include software engineers, researchers, data scientists, system administrators, students, and hobbyists. The company's customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and others. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.

Key trends

Past 5 years