Liveramp Accounts Payable vs Good Will Analysis
RAMP Stock | USD 30.71 0.32 1.05% |
Liveramp Holdings financial indicator trend analysis is infinitely more than just investigating Liveramp Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Liveramp Holdings is a good investment. Please check the relationship between Liveramp Holdings Accounts Payable and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Liveramp Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Liveramp Stock, please use our How to Invest in Liveramp Holdings guide.
Accounts Payable vs Good Will
Accounts Payable vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Liveramp Holdings Accounts Payable account and Good Will. At this time, the significance of the direction appears to have weak relationship.
The correlation between Liveramp Holdings' Accounts Payable and Good Will is 0.38. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Good Will in the same time period over historical financial statements of Liveramp Holdings, assuming nothing else is changed. The correlation between historical values of Liveramp Holdings' Accounts Payable and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Liveramp Holdings are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Accounts Payable i.e., Liveramp Holdings' Accounts Payable and Good Will go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Liveramp Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Liveramp Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Liveramp Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Liveramp Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Liveramp Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Liveramp Stock, please use our How to Invest in Liveramp Holdings guide.At this time, Liveramp Holdings' Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Tax Provision is likely to grow to about 25.5 M, while Discontinued Operations is likely to drop slightly above 819.4 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 381.2M | 426.5M | 480.2M | 291.4M | Total Revenue | 528.7M | 596.6M | 659.7M | 726.2M |
Liveramp Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Liveramp Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Liveramp Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.3B | 1.3B | 1.2B | 1.2B | 961.6M | |
Other Current Liab | 103.0M | 38.4M | 45.9M | 30.3M | 85.8M | 73.1M | |
Total Current Liabilities | 161.4M | 165.2M | 184.6M | 174.8M | 216.6M | 173.4M | |
Total Stockholder Equity | 1.1B | 1.1B | 1.1B | 926.1M | 949.1M | 538.5M | |
Property Plant And Equipment Net | 19.3M | 12.0M | 11.5M | 7.1M | 32.7M | 31.0M | |
Net Debt | (708.2M) | (559.0M) | (538.9M) | (417.3M) | (294.6M) | (279.9M) | |
Retained Earnings | 1.5B | 1.5B | 1.4B | 1.3B | 1.3B | 1.4B | |
Cash | 717.8M | 572.8M | 600.2M | 464.4M | 336.9M | 353.7M | |
Non Current Assets Total | 405.5M | 462.6M | 517.9M | 458.1M | 629.4M | 591.6M | |
Non Currrent Assets Other | 27.2M | 47.1M | 108.9M | 75.2M | 56.1M | 104.2M | |
Cash And Short Term Investments | 717.8M | 572.8M | 600.2M | 497.3M | 368.9M | 387.4M | |
Net Receivables | 131.1M | 189.0M | 178.7M | 186.3M | 198.8M | 145.9M | |
Common Stock Shares Outstanding | 67.8M | 66.3M | 68.2M | 66.4M | 67.9M | 72.7M | |
Liabilities And Stockholders Equity | 1.3B | 1.3B | 1.3B | 1.2B | 1.2B | 961.6M | |
Non Current Liabilities Total | 53.0M | 42.4M | 86.1M | 71.8M | 65.7M | 62.4M | |
Other Current Assets | 32.7M | 54.1M | 29.5M | 31.0M | 34.3M | 37.7M | |
Other Stockholder Equity | (477.7M) | (396.4M) | (378.6M) | (396.1M) | (384.6M) | (365.4M) | |
Total Liab | 214.4M | 207.6M | 270.7M | 246.6M | 282.3M | 422.9M | |
Property Plant And Equipment Gross | 37.2M | 23.7M | 45.0M | 7.1M | 49.9M | 47.4M | |
Total Current Assets | 896.4M | 825.7M | 815.8M | 714.6M | 602.0M | 370.0M | |
Accumulated Other Comprehensive Income | 5.7M | 7.5M | 5.7M | 4.5M | 4.0M | 4.2M | |
Intangible Assets | 45.2M | 39.7M | 26.7M | 9.9M | 34.6M | 32.9M | |
Accounts Payable | 42.2M | 40.0M | 83.2M | 86.6M | 81.2M | 40.7M | |
Current Deferred Revenue | 6.6M | 11.6M | 16.1M | 19.1M | 30.9M | 34.5M | |
Good Will | 297.8M | 357.4M | 363.8M | 363.1M | 501.8M | 362.0M | |
Common Stock Total Equity | 14.4M | 14.8M | 15.0M | 15.4M | 17.7M | 11.8M | |
Common Stock | 14.4M | 14.8M | 15.0M | 15.4M | 15.6M | 11.9M | |
Other Assets | 19.1M | 24.5M | 36.0M | 50.6M | 45.6M | 43.3M | |
Property Plant Equipment | 19.3M | 12.0M | 11.5M | 7.1M | 6.4M | 6.1M | |
Other Liab | 47.0M | 41.6M | 38.2M | 33.9M | 38.9M | 35.3M | |
Net Tangible Assets | 744.5M | 683.5M | 672.5M | 563.0M | 647.4M | 416.9M | |
Retained Earnings Total Equity | 1.5B | 1.5B | 1.4B | 1.3B | 1.5B | 1.0B |
Pair Trading with Liveramp Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Liveramp Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Liveramp Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Liveramp Stock
0.72 | FAAS | DigiAsia Corp Symbol Change | PairCorr |
0.68 | MQ | Marqeta | PairCorr |
0.65 | VHAI | VHAI | PairCorr |
0.56 | VRNS | Varonis Systems | PairCorr |
0.43 | VERI | Veritone | PairCorr |
The ability to find closely correlated positions to Liveramp Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Liveramp Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Liveramp Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Liveramp Holdings to buy it.
The correlation of Liveramp Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Liveramp Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Liveramp Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Liveramp Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Liveramp Stock Analysis
When running Liveramp Holdings' price analysis, check to measure Liveramp Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Liveramp Holdings is operating at the current time. Most of Liveramp Holdings' value examination focuses on studying past and present price action to predict the probability of Liveramp Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Liveramp Holdings' price. Additionally, you may evaluate how the addition of Liveramp Holdings to your portfolios can decrease your overall portfolio volatility.