Liveramp Holdings Inc (RAMP)

Return on assets (ROA)

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
Net income (ttm) US$ in thousands 80 2,847 5,978 11,881 -18,678 -63,175 -98,474 -124,106 -117,566 -102,421 -78,416 -33,833 -37,288 -33,638 -51,175 -90,268 -61,550 -87,865 -104,099 -124,511
Total assets US$ in thousands 1,253,210 1,118,410 1,206,260 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
ROA 0.01% 0.25% 0.50% 0.96% -1.53% -5.35% -8.46% -10.58% -10.08% -8.62% -6.35% -2.54% -2.78% -2.62% -4.09% -7.01% -4.89% -7.09% -8.44% -9.56%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $80K ÷ $1,253,210K
= 0.01%

The return on assets (ROA) of Liveramp Holdings Inc has shown a downward trend over the analyzed period, starting from a negative percentage in March 2020 and reaching a positive percentage by the end of December 2024.

The company's ROA was consistently negative from March 2020 to December 2023, with the lowest point recorded in March 2023 at -10.58%. There was a noticeable improvement in ROA from March 2024 onwards, turning positive and gradually increasing over the next four quarters.

This positive turnaround in ROA indicates that Liveramp Holdings Inc has become more efficient in generating profits from its assets by the end of December 2024. However, further analysis would be needed to understand the specific factors contributing to this improvement in ROA and assess the company's overall financial performance in more detail.