Liveramp Holdings Inc (RAMP)

Debt-to-assets ratio

		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
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	US$ in thousands	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	1,343,850	1,363,230	1,439,300
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

March 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,231,440K
= 0.00

The debt-to-assets ratio of Liveramp Holdings Inc has consistently been reported as 0.00 over the past several quarters, indicating that the company has not had any debt on its balance sheet relative to its total assets during the periods in question. This signifies a strong financial position with no significant debt obligations that could potentially impact the company's operations or financial stability. However, it is important to note that while having low or zero debt can be positive in terms of financial risk, it may also mean missed opportunities for leveraging debt for growth or tax benefits. Overall, a consistent low debt-to-assets ratio reflects a healthy capital structure for Liveramp Holdings Inc.