Juniper Networks Inc (JNPR)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,845,600 | 3,795,500 | 3,617,100 | 2,956,600 | 3,271,200 |
| Total current liabilities | US$ in thousands | 2,642,000 | 2,104,000 | 2,078,900 | 1,876,500 | 2,161,100 |
| Current ratio | 1.46 | 1.80 | 1.74 | 1.58 | 1.51 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,845,600K ÷ $2,642,000K
= 1.46
Juniper Networks Inc's current ratio has shown a mixed trend over the past five years. The ratio increased from 1.51 in December 2020 to 1.80 in December 2023, signaling an improvement in the company's short-term liquidity position. However, in December 2024, the current ratio decreased to 1.46.
Overall, Juniper Networks Inc maintains a current ratio above 1, which indicates that the company has more current assets than current liabilities to cover its short-term obligations. This suggests a relatively healthy liquidity position, although the slight decline in the current ratio in 2024 may warrant further monitoring to ensure continued financial stability.
Peer comparison
Dec 31, 2024