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Juniper Networks (Juniper Networks) Goodwill-to-Asset

: 0.39 (As of Dec. 2023)
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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Juniper Networks's Goodwill for the quarter that ended in Dec. 2023 was $3,734 Mil. Juniper Networks's Total Assets for the quarter that ended in Dec. 2023 was $9,519 Mil. Therefore, Juniper Networks's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.39.


Juniper Networks Goodwill-to-Asset Historical Data

The historical data trend for Juniper Networks's Goodwill-to-Asset 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.38 [6] => 0.39 [7] => 0.42 [8] => 0.40 [9] => 0.39 )
Juniper Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.39 0.42 0.40 0.39

Juniper Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Goodwill-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.40 0.40 0.40 0.40 0.39

Competitive Comparison

For the Communication Equipment subindustry, Juniper Networks's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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.


Juniper Networks Goodwill-to-Asset Distribution

For the Hardware industry and Technology sector, Juniper Networks's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Juniper Networks's Goodwill-to-Asset falls into.



Juniper Networks Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Juniper Networks's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=3734.4/9518.5
=0.39

Juniper Networks's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=3734.4/9518.5
=0.39

* 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.


Juniper Networks  (NYSE:JNPR) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Juniper Networks Goodwill-to-Asset Related Terms

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Juniper Networks (Juniper Networks) Business Description

Traded in Other Exchanges
Address
1133 Innovation Way, Sunnyvale, CA, USA, 94089
Juniper Networks Inc is engaged in designing, developing, and selling products and services for high-performance networks to enable customers to build scalable, reliable, secure, and cost-effective networks for their businesses, while achieving agility and improved operating efficiency through automation. The company's high-performance network and service offerings include routing, switching, Wi-Fi, network security, artificial intelligence (AI) or AI-enabled enterprise networking operations (AIOps), and software-defined networking (SDN) technologies. In addition to the company's products, the company offers its customers a variety of services, including maintenance and support, professional services, Software-as-a-Service ("SaaS"), and education and training programs.
Executives
Robert Mobassaly officer: SVP General Counsel 1133 INNOVATION WAY, SUNNYVALE CA 94089
Rami Rahim officer: EVP Platform Systems Division 1194 N. MATHILDA AVE., SUNNYVALE CA 94089
Anne Delsanto director 1133 INNOVATION WAY, SUNNYVALE CA 94089
Kenneth Bradley Miller officer: EVP & CFO 1133 INNOVATION WAY, SUNNYVALE CA 94086
Kevin A Denuccio director 300 HOLGER WAY, SAN JOSE CA 95134
Dolce James A Jr director C/O JUNIPER NETWORKS, 140 CASPIAN COURT, SUNNYVALE CA 94089
Kaddaras Christopher Nicholas Jr officer: EVP Chief Revenue Officer C/O NUTANIX, INC., 1740 TECHNOLOGY DR., STE 150, SAN JOSE CA 95110
Scott Kriens director C/O JUNIPER NETWORKS INC, 1194 N MATHILDA AVE, SUNNYVALE CA 94089
Steven Fernandez director 1133 INNOVATION WAY, SUNNYVALE CA 94089
Manoj Leelanivas officer: EVP Chief Product Officer 1133 INNOVATION WAY, SUNNYVALE CA 94089
Marcus Jewell officer: EVP Chief Revenue Officer 1133 INNOVATION WAY, SUNNYVALE CA 94089
William Stensrud director 13491 SUMMIT CIRCLE, POWAY CA 92064
Thomas A Austin officer: Vice President & 1133 INNOVATION WAY, SUNNYVALE CA 94089
Brian Martin officer: SVP General Counsel Secty 160 RIO ROBLES, SAN JOSE CA 95134
Bikash Koley officer: EVP CTO 1133 INNOVATION DRIVE, SUNNYVALE CA 94116