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Ciena (FRA:CIE1) Debt-to-Revenue : 0.44 (As of Apr. 2024)


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What is Ciena Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Ciena's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was €30 Mil. Ciena's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was €1,462 Mil. Ciena's annualized Revenue for the quarter that ended in Apr. 2024 was €3,396 Mil. Ciena's annualized Debt-to-Revenue for the quarter that ended in Apr. 2024 was 0.44.


Ciena Debt-to-Revenue Historical Data

The historical data trend for Ciena's Debt-to-Revenue 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.

Ciena Debt-to-Revenue Chart

Ciena Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.23 0.22 0.33 0.38

Ciena Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.38 0.37 0.39 0.44

Competitive Comparison of Ciena's Debt-to-Revenue

For the Communication Equipment subindustry, Ciena's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Ciena's Debt-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ciena's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ciena's Debt-to-Revenue falls into.



Ciena Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Ciena's Debt-to-Revenue for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(30.596 + 1538.74) / 4154.062
=0.38

Ciena's annualized Debt-to-Revenue for the quarter that ended in Apr. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(29.891 + 1462.45) / 3395.56
=0.44

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Apr. 2024) Revenue data.


Ciena Debt-to-Revenue Related Terms

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Ciena (FRA:CIE1) Business Description

Traded in Other Exchanges
Address
7035 Ridge Road, Hanover, MD, USA, 21076
Ciena Corp is a network and technology company. It provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises world-wide. The business activities function through Networking Platforms; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. The maximum revenue is generated from Americas.

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