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| 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 |