Ribbon Communications Balance Sheet Health
Financial Health criteria checks 3/6
Ribbon Communications has a total shareholder equity of $424.7M and total debt of $284.4M, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are $1.1B and $653.8M respectively. Ribbon Communications's EBIT is $12.6M making its interest coverage ratio 0.5. It has cash and short-term investments of $30.9M.
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
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 26We Think Ribbon Communications (NASDAQ:RBBN) Can Stay On Top Of Its Debt
Dec 14Recent updates
Why 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 02We Think Ribbon Communications (NASDAQ:RBBN) Can Stay On Top Of Its Debt
Dec 14Financial Position Analysis
Short Term Liabilities: RBBN's short term assets ($369.1M) do not cover its short term liabilities ($504.3M).
Long Term Liabilities: RBBN's short term assets ($369.1M) exceed its long term liabilities ($149.5M).
Debt to Equity History and Analysis
Debt Level: RBBN's net debt to equity ratio (59.7%) is considered high.
Reducing Debt: RBBN's debt to equity ratio has increased from 14.1% to 67% 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 RBBN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RBBN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.6% per year.