Juniper Networks Inc (JNPR)

Cash ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cash and cash equivalents	US$ in thousands	1,224,300	1,065,000	948,500	1,083,900	1,068,100	1,243,500	1,089,400	923,500	880,100	830,900	721,800	1,013,300	922,500	1,010,700	986,700	989,100	1,361,900	1,341,500	1,460,300	1,398,600
Short-term investments	US$ in thousands	160,300	166,700	186,700	187,900	139,400	133,600	144,700	174,900	210,300	226,200	294,300	293,400	315,500	321,100	335,500	294,100	412,100	499,300	397,600	523,000
Total current liabilities	US$ in thousands	2,642,000	2,048,100	2,043,600	2,030,000	2,104,000	2,236,800	2,262,200	2,074,200	2,078,900	1,896,700	1,949,900	1,858,400	1,876,500	1,639,100	1,690,900	1,607,700	2,161,100	1,501,600	1,596,300	1,536,500
Cash ratio		0.52	0.60	0.56	0.63	0.57	0.62	0.55	0.53	0.52	0.56	0.52	0.70	0.66	0.81	0.78	0.80	0.82	1.23	1.16	1.25

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,224,300K + $160,300K) ÷ $2,642,000K
= 0.52

The cash ratio of Juniper Networks Inc has shown fluctuations over the past several quarters. The cash ratio, which measures a company's ability to cover its short-term liabilities with its cash and cash equivalents, has generally been declining from a high of 1.25 at the end of March 2020 to 0.52 at the end of December 2024.

This downward trend in the cash ratio may indicate that Juniper Networks Inc's liquidity position has weakened over time, as it is holding less cash relative to its current liabilities. A lower cash ratio could potentially signal a higher risk of financial distress or an inability to meet short-term obligations.

It is important for investors and analysts to closely monitor the cash ratio of Juniper Networks Inc to assess the company's liquidity and ability to weather potential financial challenges. Management may need to implement strategies to improve cash reserves and strengthen the company's overall liquidity position in order to mitigate risks associated with a declining cash ratio.