Liveramp Holdings Inc (RAMP)

Operating return on assets (Operating ROA)

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating income	US$ in thousands	11,404	-125,800	-65,538	-120,548	-180,922
Total assets	US$ in thousands	1,231,440	1,172,700	1,333,740	1,288,320	1,301,890
Operating ROA		0.93%	-10.73%	-4.91%	-9.36%	-13.90%

March 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $11,404K ÷ $1,231,440K
= 0.93%

The operating return on assets (ROA) of Liveramp Holdings Inc has shown a mixed performance over the past five years. The negative operating ROA values in the fiscal years ending in March 2020, March 2021, and March 2023 indicate that the company was not generating sufficient operating income from its assets during those periods. However, in the subsequent years, there has been an improvement in the operating ROA, with the ratio turning positive in the fiscal years ending in March 2022 and March 2024.

The 0.93% operating ROA for the fiscal year ending in March 2024 suggests that the company generated operating income equivalent to approximately 0.93% of its average total assets during that period. This improvement indicates that Liveramp Holdings Inc has been more efficient in using its assets to generate operating profits in the most recent fiscal year. It will be crucial for the company to sustain and potentially increase this performance in the future to ensure long-term profitability and financial viability.