Liveramp Holdings Inc (RAMP)
Interest coverage
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 17,664 | 8,459 | 15,445 | 22,343 | 29,771 | -3,416 | -37,430 | -66,902 | -94,151 | -79,775 | -81,355 | -72,847 | -64,543 | -88,839 | -90,839 | -111,935 | -120,920 | -107,832 | -133,298 | -156,248 |
| Interest expense (ttm) | US$ in thousands | 0 | 0 | 0 | 0 | 0 | 420 | 12,063 | 36,058 | 36,837 | 36,647 | 25,004 | 1,009 | 230 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | — | — | — | — | — | -8.13 | -3.10 | -1.86 | -2.56 | -2.18 | -3.25 | -72.20 | -280.62 | — | — | — | — | — | — | — |
March 31, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $17,664K ÷ $0K
= —
Liveramp Holdings Inc has experienced fluctuating interest coverage ratios over the past few years. The interest coverage ratio for Liveramp Holdings Inc was negative in the quarters ending in March 2022, June 2022, September 2022, December 2022, March 2023, June 2023, and September 2023. This indicates that the company's earnings before interest and taxes were insufficient to cover its interest expenses during these periods.
The interest coverage ratio improved slightly in the quarter ending December 2023 but remained negative. A negative interest coverage ratio suggests a high risk of default on debt payment obligations. It is important for investors and creditors to closely monitor Liveramp Holdings Inc's financial performance and assess its ability to generate enough operating income to meet its interest payment requirements in the future.
Peer comparison
Mar 31, 2025