Ribbon Communications Balance Sheet Health
Financial Health criteria checks 2/6
Ribbon Communications has a total shareholder equity of $395.5M and total debt of $337.2M, which brings its debt-to-equity ratio to 85.3%. Its total assets and total liabilities are $1.1B and $719.2M respectively. Ribbon Communications's EBIT is $12.9M making its interest coverage ratio 0.4. It has cash and short-term investments of $37.2M.
Key information
85.3%
Debt to equity ratio
US$337.24m
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$37.24m |
| Equity | US$395.53m |
| Total liabilities | US$719.23m |
| Total assets | US$1.11b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NU42's short term assets ($416.6M) exceed its short term liabilities ($293.1M).
Long Term Liabilities: NU42's short term assets ($416.6M) do not cover its long term liabilities ($426.1M).
Debt to Equity History and Analysis
Debt Level: NU42's net debt to equity ratio (75.8%) is considered high.
Reducing Debt: NU42's debt to equity ratio has increased from 13.2% to 85.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NU42 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NU42 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.