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Juniper Networks Financial Strength

: 6 (As of Jun. 2022)
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Juniper Networks has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Juniper Networks's Interest Coverage for the quarter that ended in Jun. 2022 was 8.08. Juniper Networks's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.34. As of today, Juniper Networks's Altman Z-Score is 1.70.


Competitive Comparison

For the Communication Equipment subindustry, Juniper Networks's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength Distribution

For the Hardware industry and Technology sector, Juniper Networks's Financial Strength distribution charts can be found below:

* The bar in red indicates where Juniper Networks's Financial Strength falls into.



Juniper Networks Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Juniper Networks's Interest Expense for the months ended in Jun. 2022 was $-13 Mil. Its Operating Income for the months ended in Jun. 2022 was $108 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $1,751 Mil.

Juniper Networks's Interest Coverage for the quarter that ended in Jun. 2022 is

Interest Coverage=-1*Operating Income (Q: Jun. 2022 )/Interest Expense (Q: Jun. 2022 )
=-1*108.3/-13.4
=8.08

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Juniper Networks's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 1750.9) / 5078.4
=0.34

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Juniper Networks has a Z-score of 1.70, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.7 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Juniper Networks has the Financial Strength Rank of 6.


Juniper Networks Financial Strength Related Terms

Thank you for viewing the detailed overview of Juniper Networks's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Juniper Networks Business Description

Juniper Networks logo
Address
1133 Innovation Way, Sunnyvale, CA, USA, 94089
Juniper Networks Inc develops and sells switching, routing, security, related software products, and services for the networking industry. The company operates as one segment and its primary selling verticals are communication service providers, cloud, and enterprise. The California-based company was incorporated in 1996, employs over 3025 individuals, and sells worldwide, with over half of its sales from the Americas region.
Executives
Fernandez Steven director 1133 INNOVATION WAY SUNNYVALE CA 94089
Jewell Marcus officer: EVP Chief Revenue Officer 1133 INNOVATION WAY SUNNYVALE CA 94089
Mobassaly Robert officer: SVP General Counsel 1133 INNOVATION WAY SUNNYVALE CA 94089
Austin Thomas A officer: Vice President & 1133 INNOVATION WAY SUNNYVALE CA 94089
Haugen Janet Brutschea director UNISYS CORPORATION 801 LAKEVIEW DRIVE, SUITE 100 BLUE BELL PA 19422
Gorjanc Christine Marie director 4500 GREAT AMERICA PARKWAY SANTA CLARA CA 95054
Delsanto Anne director 1133 INNOVATION WAY SUNNYVALE CA 94089
Allard Pierre-paul officer: EVP Chief Customer Officer 1133 INNOVATION WAY SUNNYVALE CA 94089
Leelanivas Manoj officer: EVP Chief Product Officer 1133 INNOVATION WAY SUNNYVALE CA 94089
Koley Bikash officer: EVP CTO 1133 INNOVATION DRIVE SUNNYVALE CA 94116
Athreya Anand officer: Chief Development Officer 1133 INNOVATION WAY SUNNYVALE CA 94089
Miller Kenneth Bradley officer: EVP & CFO 1133 INNOVATION WAY SUNNYVALE CA 94086
Martin Brian officer: SVP General Counsel Secty 160 RIO ROBLES SAN JOSE CA 95134
Merchant Rahul N director C/O EMULEX CORPORATION 3333 SUSAN STREET COSTA MESA CA 92626
Dolce James A Jr director C/O JUNIPER NETWORKS 140 CASPIAN COURT SUNNYVALE CA 94089

Juniper Networks Headlines

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