Life360 (LIF) Debt Ratio (2021 - 2024)

Life360 (LIF) posted quarterly Debt Ratio of 0.01 for Q1 2024, down 16.08% year-over-year from 0.02 in Q2 2023, and up 18.71% quarter-over-quarter from 0.01 in Q4 2023.

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

Life360 (LIF) has reported Debt Ratio for 4 consecutive years, with 0.01 the latest figure, recorded in Q1 2024.

  • In Q1 2024, Debt Ratio fell 16.08% year-over-year to 0.01; the TTM figure through Mar 2024 stood at 0.01 (down 16.08% YoY), while the FY2023 annual figure was 0.01, up 3.64% from the prior year.
  • Debt Ratio rose to 0.01 in Q1 2024 per LIF's latest filing, from 0.01 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.02 in Q2 2023 and bottomed at 0.01 in Q4 2022.
  • Historically, Debt Ratio has averaged 0.01 across 4 years, with a median of 0.01 in 2024.
  • Annual changes were most pronounced in 2022 — Debt Ratio dropped 25.92% — and 2023, when it rose 3.64%.
  • Life360's Debt Ratio stood at 0.01 in 2021, then decreased by 25.92% to 0.01 in 2022, then advanced by 3.64% to 0.01 in 2023, then advanced by 18.71% to 0.01 in 2024.
  • Business Quant data shows LIF's Debt Ratio at 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 255.48 Bn 234.41 Bn 16.51 Bn 0.11
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn -
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 0.37
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 0.22
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 0.24
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 0.08
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 0.22
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 0.18
10 Life360 4.16 Bn 3.89 Bn 126.90 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