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
Is Ribbon Communications (NASDAQ:RBBN) Weighed On By Its Debt Load?
Nov 07
We Think Ribbon Communications (NASDAQ:RBBN) Has A Fair Chunk Of Debt
Jul 25Is Ribbon Communications (NASDAQ:RBBN) Using Too Much Debt?
Feb 10Is Ribbon Communications (NASDAQ:RBBN) A Risky Investment?
Jul 26Recent updates
Are Investors Undervaluing Ribbon Communications Inc. (NASDAQ:RBBN) By 40%?
Nov 12Ribbon Communications Inc.'s (NASDAQ:RBBN) P/S Still Appears To Be Reasonable
Oct 18Why We're Not Concerned About Ribbon Communications Inc.'s (NASDAQ:RBBN) Share Price
Mar 26The Market Lifts Ribbon Communications Inc. (NASDAQ:RBBN) Shares 31% But It Can Do More
Dec 18Is Ribbon Communications (NASDAQ:RBBN) Weighed On By Its Debt Load?
Nov 07We Think Ribbon Communications (NASDAQ:RBBN) Has A Fair Chunk Of Debt
Jul 25Ribbon Communications Inc. (NASDAQ:RBBN) Looks Inexpensive After Falling 27% But Perhaps Not Attractive Enough
Apr 19When Should You Buy Ribbon Communications Inc. (NASDAQ:RBBN)?
Mar 07Is Ribbon Communications (NASDAQ:RBBN) Using Too Much Debt?
Feb 10Calculating The Intrinsic Value Of Ribbon Communications Inc. (NASDAQ:RBBN)
Oct 12Ribbon Communications stock dips on ~$52M private placement
Aug 15Ribbon Communications Non-GAAP EPS of $0.06 beats by $0.02, revenue of $205.8M in-line, 2022 EPS forecast below estimates
Jul 27Is Ribbon Communications (NASDAQ:RBBN) A Risky Investment?
Jul 26A Look At The Fair Value Of Ribbon Communications Inc. (NASDAQ:RBBN)
Jun 14Is It Time To Consider Buying Ribbon Communications Inc. (NASDAQ:RBBN)?
May 02Financial Position Analysis
Short Term Liabilities: RBBN's short term assets ($416.6M) exceed its short term liabilities ($293.1M).
Long Term Liabilities: RBBN's short term assets ($416.6M) do not cover its long term liabilities ($426.1M).
Debt to Equity History and Analysis
Debt Level: RBBN's net debt to equity ratio (75.8%) is considered high.
Reducing Debt: RBBN'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: RBBN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RBBN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.