Liveramp Holdings Inc (RAMP)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	11,881	-14,110	-57,771	-93,070	-118,702	-116,730	-102,421	-78,416	-33,833	-37,288	-33,638	-51,175	-90,268	-61,550	-87,865	-104,099	-124,511	992,428	1,015,207	1,014,229
Total stockholders’ equity	US$ in thousands	949,135	946,490	921,858	918,531	926,076	911,609	960,069	1,005,750	1,063,060	1,070,410	1,072,950	1,080,600	1,080,680	1,058,500	1,050,860	1,058,290	1,087,510	1,142,540	1,186,360	1,272,160
ROE		1.25%	-1.49%	-6.27%	-10.13%	-12.82%	-12.80%	-10.67%	-7.80%	-3.18%	-3.48%	-3.14%	-4.74%	-8.35%	-5.81%	-8.36%	-9.84%	-11.45%	86.86%	85.57%	79.72%

March 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $11,881K ÷ $949,135K
= 1.25%

Liveramp Holdings Inc's return on equity (ROE) has been fluctuating over the past few quarters. The ROE was negative in most quarters, indicating that the company's profitability in relation to shareholders' equity was not favorable. In particular, the ROE was lowest in the recent quarters, reaching -1.49% in Dec 2023 and -6.27% in Sep 2023.

However, there were two exceptional quarters where Liveramp Holdings Inc showed exceptionally high ROE, with the figures at 86.86% in Dec 2019 and 85.57% in Sep 2019. These spikes could be attributed to certain one-time gains or exceptional performance during those periods.

Overall, the negative trend in ROE indicates that Liveramp Holdings Inc may be facing challenges in generating sufficient profits from shareholders' equity. It is important for investors and stakeholders to closely monitor the company's financial performance and management strategies to ensure sustained profitability and shareholder value creation in the future.