GURUFOCUS.COM » STOCK LIST » Technology » Software » LiveRamp Holdings Inc (NYSE:RAMP) » Definitions » Preferred Stock

LiveRamp Holdings (LiveRamp Holdings) Preferred Stock : $0.0 Mil (As of Dec. 2023)


View and export this data going back to 1983. Start your Free Trial

What is LiveRamp Holdings Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. LiveRamp Holdings's preferred stock for the quarter that ended in Dec. 2023 was $0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. LiveRamp Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $2,009.4 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. LiveRamp Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $14.30.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). LiveRamp Holdings's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.21.


LiveRamp Holdings Preferred Stock Historical Data

The historical data trend for LiveRamp Holdings's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LiveRamp Holdings Preferred Stock Chart

LiveRamp Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

LiveRamp Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Preferred Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

LiveRamp Holdings Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


LiveRamp Holdings  (NYSE:RAMP) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

LiveRamp Holdings's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

LiveRamp Holdings's Book Value per Share for the quarter that ended in Dec. 2023 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

LiveRamp Holdings's Earnings per Share (Diluted) (EPS) for the three months ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LiveRamp Holdings Preferred Stock Related Terms

Thank you for viewing the detailed overview of LiveRamp Holdings's Preferred Stock provided by GuruFocus.com. Please click on the following links to see related term pages.


LiveRamp Holdings (LiveRamp Holdings) Business Description

Traded in Other Exchanges
Address
225 Bush Street, Seventeenth Floor, San Francisco, CA, USA, 94104
LiveRamp's cloud-based software helps businesses combine their data (first-party data) about customer touch points such as on webpages, mobile apps, in stores, and on other devices with data from other sources to get a better view of a current or potential customer's activity. Such combined data can help businesses and advertisers create better profiles of their customers. The software is also used by publishers to easily combine their data with that of advertisers, helping them to optimize their ad inventory. LiveRamp generates revenue through a one-year subscription model (around 80% of total revenue) for its software. The firm also provides a marketplace for third-party data owners and data buyers, around 20% of total revenue.
Executives
Timothy R. Cadogan director 2210 MIDLOTHIAN DRIVE, ALTADENA CA 91001
Jerry C Jones officer: Chief Legal Officer & 301 E. DAVE WARD DRIVE, CONWAY AR 72032
Mohsin Hussain officer: Chief Technology Officer 225 BUSH STREET, 17TH FLOOR, SAN FRANCISCO CA 94104
Charles Brian O'kelley director 225 BUSH STREET, 17TH FLOOR, SAN FRANCISCO CA 94104
Lauren R Dillard officer: SVP Finance & IR; Interim CFO 225 BUSH STREET, 17TH FLOOR, SAN FRANCISCO CA 94104
Warren Jenson officer: PRESIDENT, CFO & EMD-INT'L 30 FREDRICK AVE, ATHERTON CA 94027
Debora B Tomlin director 6550 OAK LEAF COURT, YOUNTVILLE CA 94599
John L. Battelle director PO BOX 606, 49 GLENWOOD AVE, ROSS CA 94957
Clark M Kokich director 506 SECOND AVE 9TH FLOOR, SEATTLE WA 98104
Scott E Howe director, officer: CEO & President 740 JACARANDA CIRCLE, HILLSBOROUGH CA 94010
Diego Panama officer: Chief Commercial Officer C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
David R. Pann officer: Chief Product Officer 225 BUSH STREET, 17TH FLOOR, SAN FRANCISCO CA 94104
Omar Tawakol director 225 BUSH STREET, 17TH FLOOR, SAN FRANCISCO CA 94104
James F. Arra officer: DIVISIONAL CO-PRESIDENT 2430 STAFFORD ROAD, THOUSAND OAKS CA 91361
Kamakshi Sivaramakrishnan director 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258