Liveramp Holdings Inc (RAMP)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 745,580 | 659,661 | 596,583 | 528,657 | 443,026 |
| Total assets | US$ in thousands | 1,259,370 | 1,231,440 | 1,172,700 | 1,333,740 | 1,288,320 |
| Total asset turnover | 0.59 | 0.54 | 0.51 | 0.40 | 0.34 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $745,580K ÷ $1,259,370K
= 0.59
The total asset turnover ratio measures how effectively a company is utilizing its assets to generate revenue. Liveramp Holdings Inc's total asset turnover has shown a positive trend over the past few years, increasing steadily from 0.34 in March 31, 2021, to 0.54 in March 31, 2024. This indicates that the company has been more efficient in generating sales in relation to its total assets during this period.
However, it is important to note that the data for March 31, 2025 is missing (denoted as "—"), so the trend for that year cannot be determined. Nonetheless, the overall improvement in total asset turnover up to 2024 suggests that Liveramp Holdings Inc has been managing its assets effectively to drive sales growth. Further analysis and comparison with industry standards would be necessary to fully assess the company's performance in this aspect.
Peer comparison
Mar 31, 2025