Liveramp Holdings Inc (RAMP)
Solvency ratios
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | — | 1.30 | 1.27 | 1.25 | 1.19 |
Liveramp Holdings Inc has maintained a strong solvency position, as evidenced by consistently low debt-to-assets, debt-to-capital, and debt-to-equity ratios, all of which have been reported at 0.00 over the past five years. These ratios indicate that Liveramp's level of debt relative to its total assets, capital, and equity is minimal or even non-existent, suggesting a lower financial risk and a healthy balance sheet structure.
Additionally, the financial leverage ratio has shown a slight increasing trend from 1.19 in 2021 to 1.30 in 2024. Despite this increase, the ratio remains relatively low, indicating that Liveramp has been able to finance its operations largely through equity rather than debt.
Overall, based on the solvency ratios provided, Liveramp Holdings Inc appears to have a stable financial position with little to no reliance on debt for its capital structure, which may indicate a conservative approach to financing its operations.
Coverage ratios
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | |
|---|---|---|---|---|---|
| Interest coverage | — | — | -6.60 | -2.21 | -40.71 |
The interest coverage ratio for Liveramp Holdings Inc has shown significant fluctuations over the years. As of March 31, 2021, the interest coverage ratio was -40.71, indicating that the company's operating income was not sufficient to cover its interest expenses. This raises concerns about the company's ability to meet its debt obligations using its current level of earnings.
By March 31, 2022, the interest coverage ratio improved to -2.21, which, although still negative, shows a relative improvement compared to the previous year. However, the company still faces challenges in generating enough earnings to comfortably cover its interest payments.
In the following year, by March 31, 2023, the interest coverage ratio further improved to -6.60. While this is a positive trend, the company's ability to cover its interest expenses remains strained.
Unfortunately, the data for March 31, 2024, and March 31, 2025 is not available, which limits the ability to assess the more recent performance of Liveramp Holdings Inc in terms of interest coverage.
Overall, the company's interest coverage ratios suggest a history of struggling to generate sufficient operating income to cover its interest expenses. This situation could pose risks for the company's financial stability and ability to honor its debt obligations.