Liveramp Holdings Inc (RAMP)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 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 |
| Financial leverage ratio | 1.30 | 1.29 | 1.28 | 1.27 | 1.27 | 1.28 | 1.24 | 1.23 | 1.25 | 1.25 | 1.20 | 1.16 | 1.19 | 1.19 | 1.18 | 1.17 | 1.20 | 1.18 | 1.15 | 1.13 |
Liveramp Holdings Inc has maintained a consistently low debt-to-assets, debt-to-capital, and debt-to-equity ratios over the period analyzed. These ratios have been consistently at 0.00, indicating that the company operates with minimal debt in relation to its total assets, capital, and equity.
The financial leverage ratio, on the other hand, has shown some variability but generally remains within a moderate range over the period examined. It ranged from 1.13 to 1.30, with some fluctuations observed. The ratio peaked at 1.30 in the most recent period, suggesting a slightly higher degree of leverage compared to the previous quarters.
Overall, Liveramp Holdings Inc's solvency ratios indicate a conservative financial structure with low levels of debt relative to its assets, capital, and equity. The moderate financial leverage ratio suggests a reasonable level of debt to support its operations and growth initiatives.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | — | -51.07 | -5.02 | -2.72 | -3.42 | -2.91 | -3.86 | -72.88 | -284.95 | — | — | — | — | — | — | — | — | -18.11 | -9.38 | -5.87 |
The interest coverage ratio for Liveramp Holdings Inc has shown fluctuations over the periods provided. A negative interest coverage ratio indicates that the company's operating income is insufficient to cover its interest expenses, which can be a sign of financial distress.
In recent periods, the interest coverage has been significantly negative, reaching as low as -284.95 in Jun 30, 2022. This is a concerning sign as it implies that the company's earnings before interest and taxes (EBIT) are not adequate to cover its interest expenses several times over.
Overall, the trend of negative interest coverage ratios suggests that Liveramp Holdings Inc may be facing challenges in meeting its interest obligations with its current level of operating income. Investors and creditors may view this as a red flag regarding the company's financial health and ability to service its debt.