Ribbon Communications Balance Sheet Health
Financial Health criteria checks 4/6
Ribbon Communications has a total shareholder equity of $452.8M and total debt of $285.9M, which brings its debt-to-equity ratio to 63.2%. Its total assets and total liabilities are $1.1B and $691.4M respectively.
Key information
67.0%
Debt to equity ratio
US$284.37m
Debt
Interest coverage ratio | 0.5x |
Cash | US$30.93m |
Equity | US$424.66m |
Total liabilities | US$653.80m |
Total assets | US$1.08b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NU42's short term assets ($418.7M) exceed its short term liabilities ($341.1M).
Long Term Liabilities: NU42's short term assets ($418.7M) exceed its long term liabilities ($350.3M).
Debt to Equity History and Analysis
Debt Level: NU42's net debt to equity ratio (57.3%) is considered high.
Reducing Debt: NU42's debt to equity ratio has increased from 13.4% to 63.2% 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: Whilst unprofitable NU42 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NU42 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.6% per year.