RBBN
Price:
$4.17
Market Cap:
$731.35M
Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products; and solutions and services for enabling voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications and unified communications and collaboration. It also offers session border controller and network transformation products. This segment serves private, public, or hybrid cloud infrastructures, as well as data centers, enterprise premises, and service...[Read more]
Industry
Telecommunications Services
IPO Date
2000-05-25
Stock Exchange
NASDAQ
Ticker
RBBN
According to Ribbon Communications Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.42. This represents a change of 16.89% compared to the average of 1.22 of the last 4 quarters.
The mean historical Current Ratio of Ribbon Communications Inc. over the last ten years is 1.64. The current 1.42 Current Ratio has changed 8.56% with respect to the historical average. Over the past ten years (40 quarters), RBBN's Current Ratio was at its highest in in the June 2015 quarter at 2.73. The Current Ratio was at its lowest in in the March 2024 quarter at 0.73.
Average
1.64
Median
1.38
Minimum
0.96
Maximum
2.67
Discovering the peaks and valleys of Ribbon Communications Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 40.54%
Maximum Annual Current Ratio = 2.67
Minimum Annual Increase = -49.65%
Minimum Annual Current Ratio = 0.96
Year | Current Ratio | Change |
---|---|---|
2023 | 1.23 | -15.12% |
2022 | 1.45 | 3.57% |
2021 | 1.40 | 2.20% |
2020 | 1.37 | 1.14% |
2019 | 1.35 | 40.54% |
2018 | 0.96 | -17.30% |
2017 | 1.16 | -49.65% |
2016 | 2.31 | -8.38% |
2015 | 2.52 | -5.73% |
2014 | 2.67 | -23.91% |
The current Current Ratio of Ribbon Communications Inc. (RBBN) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.36
5-year avg
1.36
10-year avg
1.64
Ribbon Communications Inc.’s Current Ratio is greater than ATN International, Inc. (1.21), greater than Liberty Broadband Corporation (0.03), less than Radius Global Infrastructure, Inc. (3.06), greater than Cable One, Inc. (0.93), greater than Consolidated Communications Holdings, Inc. (0.76), less than RADCOM Ltd. (4.18), greater than Shenandoah Telecommunications Company (0.79), less than Anterix Inc. (3.59), greater than SK Telecom Co.,Ltd (0.97), greater than Liberty Broadband Corporation (0.03), greater than KORE Group Holdings, Inc. (1.30), less than Cogent Communications Holdings, Inc. (2.03), greater than KT Corporation (1.04), greater than Ooma, Inc. (1.08), greater than Liberty Broadband Corporation (0.03), greater than Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (0.68), greater than Liberty Global plc (1.19),
Company | Current Ratio | Market cap |
---|---|---|
1.21 | $252.10M | |
0.03 | $11.06B | |
3.06 | $1.50B | |
0.93 | $2.07B | |
0.76 | $552.06M | |
4.18 | $186.22M | |
0.79 | $682.53M | |
3.59 | $584.06M | |
0.97 | $8.27B | |
0.03 | $11.07B | |
1.30 | $22.62M | |
2.03 | $3.79B | |
1.04 | $7.90B | |
1.08 | $387.99M | |
0.03 | $11.10B | |
0.68 | $15.53B | |
1.19 | $4.56B |
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