Liveramp Holdings Inc (RAMP)
Interest coverage
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 24,999 | -81,484 | -63,911 | -120,800 |
| Interest expense | US$ in thousands | 169 | 436 | 12,350 | 28,984 | 2,967 |
| Interest coverage | 0.00 | 57.34 | -6.60 | -2.21 | -40.71 |
March 31, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $—K ÷ $169K
= 0.00
The interest coverage ratio measures a company's ability to meet its interest payments on outstanding debt. In the case of Liveramp Holdings Inc, the interest coverage ratio has shown a concerning trend over the years. As of March 31, 2021, the interest coverage ratio was -40.71, indicating that the company's earnings were insufficient to cover its interest expenses by a significant margin.
By March 31, 2022, the interest coverage ratio improved slightly to -2.21 but still remained negative. This suggests that Liveramp Holdings Inc continued to struggle in generating enough earnings to comfortably cover its interest obligations.
In the subsequent years, the interest coverage ratio for Liveramp Holdings Inc showed further improvements but remained negative, with values of -6.60 by March 31, 2023. The data for March 31, 2024, and March 31, 2025, is not available (represented as "—"), making it challenging to assess the company's recent performance in this aspect.
Overall, based on the available data, Liveramp Holdings Inc has experienced significant challenges in generating sufficient earnings to cover its interest expenses, signaling potential financial risks and indicating a need for improved financial management and debt servicing capabilities in the future.
Peer comparison
Mar 31, 2025