Ribbon Communications Inc.

Ribbon Communications Inc.verified

RBBN

Price:

$2.995

Market Cap:

$522.71M

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

The Current Ratio as of September 2024 (TTM) for Ribbon Communications Inc. (RBBN) is 1.48

According to Ribbon Communications Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.48. This represents a change of 27.76% compared to the average of 1.16 of the last 4 quarters.

Ribbon Communications Inc. (RBBN) Historical Current Ratio (quarterly & annually)

How has RBBN Current Ratio performed in the past?

The mean historical Current Ratio of Ribbon Communications Inc. over the last ten years is 1.64. The current 1.48 Current Ratio has changed 8.93% 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.

Quarterly (TTM)
Annual

Average

1.64

Median

1.38

Minimum

0.96

Maximum

2.67

Ribbon Communications Inc. (RBBN) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.23-15.12%
20221.453.57%
20211.402.20%
20201.371.14%
20191.3540.54%
20180.96-17.30%
20171.16-49.65%
20162.31-8.38%
20152.52-5.73%
20142.67-23.91%

Ribbon Communications Inc. (RBBN) Average Current Ratio

How has RBBN Current Ratio performed in the past?

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. (RBBN) Current Ratio vs. Peers

How is RBBN’s Current Ratio compared to its peers?

Ribbon Communications Inc.’s Current Ratio is greater than ATN International, Inc. (1.10), less than Liberty Broadband Corporation (1.68), less than Radius Global Infrastructure, Inc. (3.16), less than Cable One, Inc. (1.78), greater than Consolidated Communications Holdings, Inc. (0.72), less than RADCOM Ltd. (4.42), greater than Shenandoah Telecommunications Company (0.86), less than Anterix Inc. (3.98), greater than SK Telecom Co.,Ltd (0.97), less than Liberty Broadband Corporation (1.68), greater than KORE Group Holdings, Inc. (1.36), less than Cogent Communications Holdings, Inc. (2.20), greater than KT Corporation (1.08), greater than Ooma, Inc. (0.96), less than Liberty Broadband Corporation (1.68), greater than Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (0.60), greater than Liberty Global plc (1.34),

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