Liveramp Holdings Inc (RAMP)

Current ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Total current assets	US$ in thousands	643,807	582,120	585,037	602,032	769,662	727,846	706,046	714,559	696,194	704,796	724,854	815,834	821,780	774,594	771,459	825,715	858,653	832,006	825,272	896,393
Total current liabilities	US$ in thousands	231,624	199,468	189,638	216,576	208,752	186,697	172,377	174,829	175,777	150,198	143,045	184,566	184,036	136,249	130,183	165,249	157,332	141,167	125,884	161,382
Current ratio		2.78	2.92	3.09	2.78	3.69	3.90	4.10	4.09	3.96	4.69	5.07	4.42	4.47	5.69	5.93	5.00	5.46	5.89	6.56	5.55

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $643,807K ÷ $231,624K
= 2.78

Liveramp Holdings Inc's current ratio has displayed fluctuations over the past few years. The ratio has generally been above 5, indicating a healthy level of liquidity where the company has sufficient current assets to cover its current liabilities. However, there has been a declining trend in the current ratio since December 31, 2021, reaching a low of 2.78 as of March 31, 2024. This decline may raise concerns about the company's ability to meet its short-term obligations using its current assets.

It is important to closely monitor the current ratio going forward to assess Liveramp Holdings Inc's liquidity position and ability to manage its short-term financial obligations effectively. A current ratio below 1 may indicate potential liquidity issues, while a consistently high ratio may imply an inefficient use of assets. Further analysis and comparison with industry benchmarks can provide additional insights into the company's financial health and operational efficiency.