Life360 (LIF) Debt Ratio (2021 - 2024)

Life360's (LIF) quarterly Debt Ratio came in at 0.01 in Q1 2024, down 16.08% year-on-year from 0.02 in Q2 2023, and up 18.71% on a QoQ basis from 0.01 in Q4 2023.

Life360 (LIF) Debt Ratio (2021 - 2024) Analysis & Trends

Life360 (LIF) has 4 years of Debt Ratio data on file, last reported at 0.01 in Q1 2024.

  • On a quarterly basis, Debt Ratio fell 16.08% year-over-year to 0.01 in Q1 2024; TTM through Mar 2024 was 0.01, a 16.08% decrease from a year earlier, with the FY2023 full-year figure at 0.01, up 3.64% from the prior year.
  • Debt Ratio for Q1 2024 stood at 0.01, up from 0.01 in the prior quarter.
  • Over the last five years, Debt Ratio for LIF reached as high as 0.02 in Q2 2023 and fell as low as 0.01 in Q4 2022.
  • Historically, Debt Ratio has averaged 0.01 across 4 years, with a median of 0.01 in 2024.
  • Across the five-year window, Debt Ratio decreased 25.92% in 2022 and grew 3.64% in 2023, its largest moves.
  • Year by year, Debt Ratio stood at 0.01 in 2021, then dropped by 25.92% to 0.01 in 2022, then grew by 3.64% to 0.01 in 2023, then grew by 18.71% to 0.01 in 2024.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.01 in Q1 2024, 0.01 in Q4 2023, and 0.01 in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 0.08
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 0.00
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 0.18
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 0.37
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 0.24
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 0.06
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 0.24
10 Life360 3.97 Bn 3.62 Bn 110.56 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 0.01
Dec 31, 2023 0.01
Sep 30, 2023 0.01
Jun 30, 2023 0.02
Mar 31, 2023 0.02
Dec 31, 2022 0.01
Sep 30, 2022 0.01
Dec 31, 2021 0.01