The company maintains a healthy liquidity position with a current ratio of 2.87, supported by a conservative capital structure featuring a debt-to-equity ratio of only 0.08 as of 2026Q1.
| Total Current Assets | 337.92M | 376.19M | 362.49M | 340.42M | 314.86M | 352.19M | 103.88M | 74.79M | 52.88M |
| Cash & Short-Term Investments | 185.69M | 191.15M | 205.05M | 216.46M | 206.57M | 238.48M | 9.63M | 4.82M | 2.65M |
| Cash Only | 185.69M | 191.15M | 205.05M | 216.46M | 206.57M | 238.48M | 9.63M | 4.82M | 2.65M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 146.23M | 177.14M | 146.95M | 117.47M | 101.66M | 110.74M | 89.77M | 68.08M | 48.5M |
| Days Sales Outstanding | 151.58 | 187.84 | 185.44 | 192.33 | 188.19 | 180.34 | 198.27 | 150.71 | 163.36 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 6M | 7.9M | 0 | 6.49M | 6.63M | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 101.09M | 98.47M | 78.31M | 64.49M | 63.02M | 36.95M | 29.64M | 32.07M | 33.78M |
| Property, Plant & Equipment | 56.6M | 54.76M | 55.15M | 51.26M | 49.55M | 22.33M | 13.83M | 14.92M | 15.71M |
| Fixed Asset Turnover | 6.51x | 6.29x | 5.24x | 4.35x | 3.98x | 10.04x | 11.95x | 11.05x | 6.90x |
| Goodwill | 19.19M | 19.19M | 19.19M | 12.42M | 12.42M | 12.42M | 12.42M | 12.42M | 12.42M |
| Intangible Assets | 2.73M | 2.9M | 3.05M | 201K | 667K | 1.79M | 3.02M | 4.24M | 5.47M |
| Long-Term Investments | 10.5M | 3.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 4.03M | 600K | 932K | 615K | 385K | 406K | 371K | 478K | 178K |
| Total Assets | 439M | 474.66M | 440.8M | 404.91M | 377.88M | 389.13M | 133.52M | 106.86M | 86.66M |
| Asset Turnover | 0.85x | 0.73x | 0.66x | 0.55x | 0.52x | 0.58x | 1.24x | 1.54x | 1.25x |
| Asset Growth % | 8.49% | 7.68% | 8.86% | 7.15% | -2.89% | 191.44% | 24.95% | 23.3% | - |
| Total Current Liabilities | 117.83M | 157.03M | 145.45M | 108.85M | 87.12M | 83.06M | 79.66M | 61.06M | 45.86M |
| Accounts Payable | 53.71M | 83.52M | 71.32M | 47.34M | 37.06M | 32.88M | 29.76M | 20.48M | 17.75M |
| Days Payables Outstanding | 150.15 | 555.03 | 165.63 | 143.43 | 115.9 | 92.59 | 119.34 | 79.47 | 87.16 |
| Short-Term Debt | 5.1M | 5.08M | 0 | 0 | 0 | 0 | 3.35M | 0 | 0 |
| Deferred Revenue (Current) | 2.33M | 583K | 0 | 316K | 123K | 1.32M | 2.73M | 5.26M | 4.77M |
| Other Current Liabilities | 58.47M | 67.85M | 50.52M | 46.51M | 37.06M | 36.62M | 12.26M | 26.93M | 13.84M |
| Current Ratio | 2.87x | 2.40x | 2.49x | 3.13x | 3.61x | 4.24x | 1.30x | 1.22x | 1.15x |
| Quick Ratio | 2.87x | 2.40x | 2.49x | 3.13x | 3.61x | 4.24x | 1.30x | 1.22x | 1.15x |
| Cash Conversion Cycle | 1.43 | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 30.77M | 28.83M | 21.28M | 21.67M | 25M | 23.5M | 33.75M | 23.09M | 79M |
| Long-Term Debt | 18.29M | 16.67M | 0 | 21.67M | 25M | 17.5M | 20.18M | 17.5M | 65.95M |
| Capital Lease Obligations | 53.39M | 0 | 21.28M | 21.67M | 25M | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45M |
| Other Non-Current Liabilities | 12.49M | 12.16M | 0 | 0 | 0 | 765K | 7.95M | 822K | -41.82M |
| Total Liabilities | 148.61M | 185.86M | 166.73M | 130.52M | 112.11M | 106.56M | 113.4M | 84.15M | 124.86M |
| Total Debt | 23.38M | 21.75M | 26.01M | 25.43M | 28.71M | 17.5M | 23.54M | 17.5M | 65.95M |
| Net Debt | -162.3M | -169.4M | -179.04M | -191.02M | -177.86M | -220.98M | 13.91M | 12.69M | 63.3M |
| Debt / Equity | 0.08x | 0.08x | 0.09x | 0.09x | 0.11x | 0.06x | 1.17x | 0.77x | - |
| Debt / EBITDA | 0.32x | 0.13x | 1.30x | - | - | - | 0.74x | 0.76x | - |
| Net Debt / EBITDA | -2.23x | -1.01x | -8.98x | - | - | - | 0.44x | 0.55x | - |
| Interest Coverage | - | - | 8.70x | -45.74x | -33.26x | -49.53x | 20.88x | 3.24x | -4.85x |
| Total Equity | 290.4M | 288.8M | 274.07M | 274.39M | 265.77M | 282.57M | 20.12M | 22.7M | -83.2M |
| Equity Growth % | 5.35% | 5.37% | -0.11% | 3.24% | -5.95% | 1304.65% | -11.4% | 127.29% | - |
| Book Value per Share | 4.58 | 4.65 | 4.08 | 4.37 | 4.31 | 4.65 | 0.34 | 0.39 | -1.41 |
| Total Shareholders' Equity | 85.31M | 82.14M | 53.84M | 68.26M | 59.25M | 60.16M | 27.62M | 22.7M | -83.2M |
| Common Stock | 0 | 64K | 65K | 63K | 62K | 61K | 0 | 0 | 0 |
| Retained Earnings | -98.75M | -91.75M | -50.57M | -43.51M | -36.26M | -20.14M | -72.07M | -76.98M | -85.21M |
| Treasury Stock | 0 | -8.92M | -21.05M | -1.13M | -475K | -2.65M | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -19K |
| Minority Interest | 205.09M | 206.66M | 220.24M | 206.13M | 206.52M | 222.41M | 0 | 0 | 0 |
Regulatory privacy legislation impact
According to recent financial filings, Viant's total assets have fluctuated between $394.5M and $474.7M over the last five quarters, suggesting that the company's balance sheet trajectory is currently defined by cyclical working capital adjustments rather than a consistent trend of capital accumulation or asset base expansion.
The oscillation in total assets appears to mirror the company's inconsistent revenue growth and working capital swings noted in prior periods. Investors should monitor whether this volatility reflects underlying operational instability or simply the inherent seasonality of programmatic advertising spend.
As reported in financial statements, Viant maintains a conservative capital structure with a debt-to-equity ratio of 0.08% as of 2026Q1, indicating that the firm relies almost exclusively on equity financing and internal cash reserves to fund its operations rather than external debt obligations.
This minimal leverage profile provides a significant buffer against interest rate volatility and suggests that the company is not currently constrained by debt service requirements. However, the reliance on equity may imply that management is sensitive to dilution, which warrants further investigation into future capital allocation strategies.
Based on the provided balance sheet data, Viant maintains a current ratio of 2.87 as of 2026Q1, which suggests that the company possesses a robust liquidity position capable of covering short-term obligations despite the inherent volatility in its cash-generating capabilities observed in previous quarters.
The high current ratio appears to be supported by a substantial cash position of $185.7M, providing a necessary cushion against the erratic working capital cycles identified in prior analysis. This liquidity buffer is essential for navigating potential regulatory shocks or shifts in the programmatic advertising landscape.
As evidenced by the quarterly balance sheets, Viant's retained earnings have remained consistently negative, reaching -$98.7M in 2026Q1, which suggests that the company's historical profitability has been insufficient to build a positive equity base, potentially limiting the firm's long-term financial resilience.
The persistent negative retained earnings indicate that the company is still in a phase of capital consumption, which may be exacerbated by the significant stock-based compensation expenses noted in prior analysis. This trend warrants caution, as it suggests that shareholder value creation is currently dependent on future growth rather than historical earnings retention.
Quick answers to the most common questions about buying DSP stock.
As of 2025, Viant Technology Inc. (DSP) had total assets of $474.7M including $376.2M in current assets.
Viant Technology Inc. (DSP) carries total debt of $21.7M, offset by $191.2M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Viant Technology Inc. (DSP) has total shareholders' equity (book value) of $82.1M ($4.65 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Viant Technology Inc. (DSP) reported a current ratio of 2.40x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.