Ribbon Communications (Ribbon Communications) Debt-to-Equity : 0.66 (As of Mar. 2024)

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What is Ribbon Communications Debt-to-Equity?

Ribbon Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $242.4 Mil. Ribbon Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $36.8 Mil. Ribbon Communications's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $424.7 Mil. Ribbon Communications's debt to equity for the quarter that ended in Mar. 2024 was 0.66.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ribbon Communications's Debt-to-Equity or its related term are showing as below:

RBBN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.63 Max: 0.84
Current: 0.63

During the past 13 years, the highest Debt-to-Equity Ratio of Ribbon Communications was 0.84. The lowest was 0.07. And the median was 0.63.

RBBN's Debt-to-Equity is ranked better than
51.29% of 349 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs RBBN: 0.63

Ribbon Communications Debt-to-Equity Historical Data

The historical data trend for Ribbon Communications's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ribbon Communications Debt-to-Equity Chart

Ribbon Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.21

0.69

0.84

0.75

0.63

Ribbon Communications Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.64	0.66	0.68	0.63	0.66

Competitive Comparison of Ribbon Communications's Debt-to-Equity

For the Telecom Services subindustry, Ribbon Communications's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ribbon Communications's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Ribbon Communications's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ribbon Communications's Debt-to-Equity falls into.

Ribbon Communications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ribbon Communications's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(50.841	+	236.193)	/	452.763
	=	0.63

Ribbon Communications's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(242.381	+	36.768)	/	424.658
	=	0.66

Ribbon Communications (NAS:RBBN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Ribbon Communications Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Ribbon Communications's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Ribbon Communications (Ribbon Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Ribbon Communications Inc (NAS:RBBN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NU42:Germany

Address

6500 Chase Oaks Boulevard, Suite 100, Plano, TX, USA, 75023

Website

https://www.ribboncommunications.com

Ribbon Communications Inc provides network solutions primarily to telecommunications, wireless and cable service providers worldwide. It enables service providers and enterprises to modernize their communications networks and provide secure real-time communications solutions to their customers and employees. Its solutions enable its customers with a secure way to connect and leverage multivendor, multiprotocol communications systems and applications across their networks and the cloud, around the world and in a rapidly changing ecosystem of IP-enabled devices such as smartphones and tablets.

Executives

Miguel A Lopez	officer: EVP, CFO	HARRIS CORPORATION, 1025 W NASA BOULEVARD, MELBOURNE FL 32919
Bruce William Mcclelland	director, officer: President & CEO	3871 LAKEFIELD DRIVE, SUWANEE GA 30024
Dan Redington	officer: EVP of Global Sales	6500 CHASE OAKS BOULEVARD, SUITE 100, PLANO TX 75023
Scott Mair	director	6500 CHASE OAKS BOULEVARD, SUITE 100, PLANO TX 75023
Swarth Investments Inc.	10 percent owner	NEWPORT HOUSE, 15 THE GRANGE, ST PETER PORT Y7 GY1 4LA
Jpmorgan Chase & Co	10 percent owner	383 MADISON AVENUE, NEW YORK NY 10017
Sam Bucci	officer: EVP & GM IP Optical Networks	3605 E PLANO PARKWAY, PLANO TX 75074
Bruns H Grayson	director	950 WINTER STREET, WALTHAM MA 02451
Stephen J. Mccaffery	officer: EVP EMEAS and APAC Sales	VICTORIA ROAD, WEST YORKSHIRE, SALTAIRE X0 BD183LF
Eric S Marmurek	officer: SVP, Finance & CAO	C/O 4 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Patrick W Macken	officer: EVP, Chief Legal Officer	4515 THREE CHIMNEYS LANE, CUMMING GA 30041
Beatriz V Infante	director	4 TECHNOLOGY PARK DRIVE, SONUS NETWORKS, INC., WESTFORD MA 01886
Ewing R Stewart Jr	director	100 CENTURETEL DRIVE, MONROE LA 71203
Steven M Bruny	officer: EVP Sales, Americas	C/O 4 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Shaul Shani	director	4001 WEST PKWY, C/O SAPIENS USA INC, CURRY NC 27519