Liveramp Holdings Inc (RAMP)

Debt-to-capital ratio

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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 957,707 932,057 951,876 949,135 946,490 921,858 918,531 926,076 911,609 960,069 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
Debt-to-capital 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

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $957,707K)
= 0.00

The debt-to-capital ratio of Liveramp Holdings Inc has been consistently 0.00 for all the reported quarters from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has not used any debt financing in its capital structure during this period. This could suggest that the company has been primarily funded by equity and retained earnings, rather than by taking on debt. It also implies a lower financial risk as there are no debt obligations to be serviced. However, it is important to note that a zero debt-to-capital ratio may not always be ideal, as a certain level of debt can provide tax benefits and leverage for growth opportunities.