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.
Peer comparison
Dec 31, 2024