Liveramp Holdings Inc (RAMP)

Operating return on assets (Operating ROA)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Operating income (ttm)	US$ in thousands	11,404	-21,448	-60,598	-97,928	-125,800	-106,642	-96,479	-73,539	-65,538	-89,477	-91,472	-112,142	-120,548	-109,429	-135,133	-158,554	-180,922	-189,821	-196,547	-184,473
Total assets	US$ in thousands	1,231,440	1,224,740	1,180,520	1,163,930	1,172,700	1,166,480	1,188,500	1,234,260	1,333,740	1,342,540	1,282,370	1,249,900	1,288,320	1,259,500	1,238,640	1,233,930	1,301,890	1,343,850	1,363,230	1,439,300
Operating ROA		0.93%	-1.75%	-5.13%	-8.41%	-10.73%	-9.14%	-8.12%	-5.96%	-4.91%	-6.66%	-7.13%	-8.97%	-9.36%	-8.69%	-10.91%	-12.85%	-13.90%	-14.13%	-14.42%	-12.82%

March 31, 2024 calculation

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

Liveramp Holdings Inc's operating return on assets (operating ROA) has shown fluctuations over the past few quarters. The operating ROA was positive at 0.93% as of March 31, 2024, but was negative in the previous quarter. The trend of negative operating ROA had been persistent from September 2022 to December 2023.

The company's operating ROA reached its lowest point at -14.42% as of March 31, 2020, and has since shown some improvement, albeit with fluctuations. The most recent data indicate a slight recovery in operating ROA.

Overall, Liveramp Holdings Inc's operating ROA has been volatile and has generally trended downward in recent periods. It is important for the company to closely monitor and potentially improve its operational efficiency and profitability to enhance its return on assets in the future.