Liveramp Holdings Inc (RAMP)

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

Liveramp Holdings Inc has consistently maintained a debt-to-equity ratio of 0.00 across multiple quarters, indicating that the company is not relying on debt to finance its operations. A debt-to-equity ratio of 0.00 typically signifies that the company is financing its assets predominantly through equity rather than debt. This could suggest a conservative financial strategy and a lower level of financial risk, as the absence of debt implies lower interest expenses and lower financial leverage. Additionally, a consistent debt-to-equity ratio of 0.00 may indicate stability in the company's capital structure and financial health. However, it is important to note that a very low debt-to-equity ratio may also indicate missed opportunities for leveraging debt for potential growth or expansion. Overall, Liveramp Holdings Inc's consistent 0.00 debt-to-equity ratio reflects a strong equity base and minimal reliance on external borrowing for funding its operations.