Juniper Networks Inc (JNPR)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,845,600 | 3,525,500 | 3,444,300 | 3,540,900 | 3,795,500 | 3,871,300 | 3,751,000 | 3,658,100 | 3,617,100 | 3,208,700 | 3,072,000 | 3,038,300 | 2,956,600 | 2,739,600 | 2,646,100 | 2,600,300 | 3,271,200 | 3,038,500 | 3,001,200 | 2,972,700 |
| 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 |
| Current ratio | 1.46 | 1.72 | 1.69 | 1.74 | 1.80 | 1.73 | 1.66 | 1.76 | 1.74 | 1.69 | 1.58 | 1.63 | 1.58 | 1.67 | 1.56 | 1.62 | 1.51 | 2.02 | 1.88 | 1.93 |
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 fluctuations over the period from March 31, 2020, to December 31, 2024. The current ratio measures the company's ability to cover its short-term liabilities with its current assets, with a higher ratio indicating a stronger liquidity position.
The data indicates that the current ratio ranged from a low of 1.46 on December 31, 2024, to a high of 2.02 on September 30, 2020. Generally, a current ratio above 1 suggests that the company has more current assets than current liabilities, which is considered healthy. However, a ratio that is too high may indicate that the company is not efficiently utilizing its current assets.
The trend in Juniper Networks Inc's current ratio shows some variability, with the ratio declining towards the end of the period. This may raise concerns about the company's ability to meet its short-term obligations with its current assets. It would be important to further investigate the factors contributing to these fluctuations to assess the company's liquidity position accurately.
Peer comparison
Dec 31, 2024