Liveramp Holdings Inc (RAMP)

Return on assets (ROA)

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net income	US$ in thousands	11,881	-118,702	-33,833	-90,268	-124,511
Total assets	US$ in thousands	1,231,440	1,172,700	1,333,740	1,288,320	1,301,890
ROA		0.96%	-10.12%	-2.54%	-7.01%	-9.56%

March 31, 2024 calculation

ROA = Net income ÷ Total assets
= $11,881K ÷ $1,231,440K
= 0.96%

Liveramp Holdings Inc's return on assets (ROA) has shown a consistent improvement over the past five years. The ROA increased from negative figures in 2020, 2021, and 2023 to positive figures in 2022 and 2024. This indicates that the company has become more efficient in generating profits relative to its total assets. However, the ROA of 0.96% in 2024, while positive, is relatively low compared to the industry average, suggesting that there may still be room for the company to further optimize its asset utilization. Overall, the positive trend in ROA reflects improving asset management and profitability, but there is potential for further enhancement to reach higher levels of efficiency.