Liveramp Holdings Stock Beneish M Score

RAMP Stock  USD 34.50  0.84  2.50%   
This module uses fundamental data of Liveramp Holdings to approximate the value of its Beneish M Score. Liveramp Holdings M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Liveramp Holdings Piotroski F Score and Liveramp Holdings Altman Z Score analysis.
To learn how to invest in Liveramp Stock, please use our How to Invest in Liveramp Holdings guide.
  
As of 03/28/2024, Long Term Debt is likely to grow to about 268.6 M, while Short and Long Term Debt Total is likely to drop slightly above 51.5 M. At this time, Liveramp Holdings' Company Equity Multiplier is relatively stable compared to the past year. As of 03/28/2024, Cash Per Share is likely to grow to 7.08, while Dividend Yield is likely to drop 0.
At this time, it appears that Liveramp Holdings is an unlikely manipulator. The earnings manipulation may begin if Liveramp Holdings' top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Liveramp Holdings executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Liveramp Holdings' earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.1
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

0.63

Focus
Asset Quality

0.27

Focus
Expense Coverage

1.4

Focus
Gross Margin Strengs

0.55

Focus
Accruals Factor

1.4

Focus
Depreciation Resistance

1.0

Focus
Net Sales Growth

1.06

Focus
Financial Leverage Condition

1.5

Focus

Liveramp Holdings Beneish M-Score Indicator Trends

The cure to earnings manipulation is the transparency of financial reporting. It will typically remove the temptation of the top executives to inflate earnings (i.e., to promote the idea of 'winning at any cost'). Because a healthy internal audit department can enhance transparency, the board should promote the auditors' access to all the record-keeping systems across the enterprise. For example, if Liveramp Holdings' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Receivables143.8 M214.2 M
Way Down
Slightly volatile
Total Revenue726.2 M686.1 M
Notably Up
Pretty Stable
Total Assets951.5 M1.3 B
Way Down
Slightly volatile
Total Current Assets862.8 M821.7 M
Sufficiently Up
Slightly volatile
Non Current Assets Total589 M526.9 M
Moderately Up
Pretty Stable
Property Plant Equipment6.1 M6.4 M
Notably Down
Slightly volatile
Depreciation And Amortization22.7 M23.9 M
Notably Down
Slightly volatile
Selling General Administrative166.6 M112.8 M
Way Up
Pretty Stable
Total Current Liabilities171.8 M201.1 M
Fairly Down
Very volatile
Non Current Liabilities Total78.4 M82.6 M
Notably Down
Slightly volatile
Short Term Debt10.8 M11.4 M
Notably Down
Slightly volatile
Long Term Debt268.6 M205.1 M
Significantly Up
Pretty Stable
Long Term Investments1.4 M1.4 M
Notably Down
Pretty Stable
Gross Profit Margin0.350.64
Way Down
Slightly volatile

Liveramp Holdings Beneish M-Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to detect the potential manipulation of earnings. Understanding the correlation between Liveramp Holdings' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Liveramp Holdings in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Liveramp Holdings' degree of accounting gimmicks and manipulations.

About Liveramp Holdings Beneish M Score

M-Score is one of many grading techniques for value stocks. It was developed by Professor M. Daniel Beneish of the Kelley School of Business at Indiana University and published in 1999 under the paper titled The Detection of Earnings Manipulation. The Beneish score is a multi-factor model that utilizes financial identifiers to compile eight variables used to classify whether a company has manipulated its reported earnings. The variables are built from the officially filed financial statements to create a final score call 'M Score.' The score helps to identify companies that are likely to manipulate their profits if they show deteriorating gross margins, operating expenses, and leverage against growing revenue.

Depreciation And Amortization

22.71 Million

At this time, Liveramp Holdings' Depreciation And Amortization is relatively stable compared to the past year.

Liveramp Holdings Earnings Manipulation Drivers

Although earnings manipulation is typically not the result of intentional misconduct by the c-level executives, it is still a widespread practice by the senior management of public companies such as Liveramp Holdings. It is usually done by a series of misrepresentations of various accounting rules and operating activities across multiple financial cycles. The best way to spot the manipulation is to examine the historical financial statement to find inconsistencies in earning reports to find trends in assets or liabilities that are not sustainable in the future.
201920202021202220232024 (projected)
Net Receivables131.1M180.0M178.7M186.3M214.2M143.8M
Total Revenue380.6M443.0M528.7M596.6M686.1M726.2M
Total Assets1.3B1.3B1.3B1.2B1.3B951.5M
Total Current Assets896.4M825.7M815.8M714.6M821.7M862.8M
Net Debt(708.2M)(559.0M)(538.9M)(417.3M)(375.5M)(356.8M)
Operating Income(175.9M)(117.8M)(64.1M)(90.5M)(81.4M)(77.4M)
Investments(97.6M)(9.7M)7.6M(24.3M)(21.9M)(20.8M)
Gross Profit Margin0.60.670.720.710.640.35

About Liveramp Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Liveramp Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Liveramp Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Liveramp Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
LiveRamp Holdings, Inc., a technology company, provides enterprise data connectivity platform solutions in the United States, Europe, and the Asia-Pacific. LiveRamp Holdings, Inc. was incorporated in 2018 and is headquartered in San Francisco, California. Liveramp Holdings operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 1400 people.

Liveramp Holdings Investors Sentiment

The influence of Liveramp Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Liveramp. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Liveramp Holdings' public news can be used to forecast risks associated with an investment in Liveramp. The trend in average sentiment can be used to explain how an investor holding Liveramp can time the market purely based on public headlines and social activities around Liveramp Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Liveramp Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Liveramp Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Liveramp Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Liveramp Holdings.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Liveramp Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Liveramp Holdings' short interest history, or implied volatility extrapolated from Liveramp Holdings options trading.

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When determining whether Liveramp Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Liveramp Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Liveramp Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Liveramp Holdings Stock:
Check out Liveramp Holdings Piotroski F Score and Liveramp Holdings Altman Z Score analysis.
To learn how to invest in Liveramp Stock, please use our How to Invest in Liveramp Holdings guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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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.
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Is Liveramp Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Liveramp Holdings. If investors know Liveramp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Liveramp Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.31)
Revenue Per Share
9.648
Quarterly Revenue Growth
0.096
Return On Assets
0.0027
Return On Equity
(0.02)
The market value of Liveramp Holdings is measured differently than its book value, which is the value of Liveramp that is recorded on the company's balance sheet. Investors also form their own opinion of Liveramp Holdings' value that differs from its market value or its book value, called intrinsic value, which is Liveramp Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Liveramp Holdings' market value can be influenced by many factors that don't directly affect Liveramp Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Liveramp Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Liveramp Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Liveramp Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.