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| Date | Value |
|---|---|
| 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 |