Ribbon Communications (STU:NU42) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2024)

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What is Ribbon Communications LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Ribbon Communications's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.32.

Ribbon Communications's long-term debt to total assets ratio increased from Dec. 2023 (0.21) to Dec. 2024 (0.32). It may suggest that Ribbon Communications is progressively becoming more dependent on debt to grow their business.

Ribbon Communications LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ribbon Communications's LT-Debt-to-Total-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.

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Ribbon Communications LT-Debt-to-Total-Asset Chart

Ribbon Communications Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.29

0.30

0.28

0.21

0.32

Ribbon Communications Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.03	0.33	0.33	0.32

Ribbon Communications LT-Debt-to-Total-Asset Calculation

Ribbon Communications's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	351.537	/	1110.239
	=	0.32

Ribbon Communications's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	351.537	/	1110.239
	=	0.32

Ribbon Communications (STU:NU42) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Ribbon Communications LT-Debt-to-Total-Asset Related Terms

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Ribbon Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ribbon Communications Inc (STU:NU42) » Definitions » LT-Debt-to-Total-Asset

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RBBN:USA

Address

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

Website

https://www.ribboncommunications.com

Ribbon Communications Inc provides network solutions to service providers and enterprises. The company enables service providers and enterprises to modernize their communications networks and provide secure real-time communications solutions to their customers and employees. The company has two separate lines of business; the Cloud and Edge segment, and the IP Optical Networks segment. The majority of the revenue for the company is generated from its Cloud and Edge segment that provides secure and reliable software and hardware products, solutions, and services for VoIP communications, Voice Over LTE among others to service providers and enterprise customers. The company generates majority of its revenue from United States.

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