Juniper Networks Inc (JNPR)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 1,224,300 | 1,068,100 | 880,100 | 922,500 | 1,361,900 |
| Short-term investments | US$ in thousands | 160,300 | 139,400 | 210,300 | 315,500 | 412,100 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 2,642,000 | 2,104,000 | 2,078,900 | 1,876,500 | 2,161,100 |
| Quick ratio | 0.52 | 0.57 | 0.52 | 0.66 | 0.82 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,224,300K
+ $160,300K
+ $—K)
÷ $2,642,000K
= 0.52
The quick ratio of Juniper Networks Inc has experienced a downward trend over the past five years, declining from 0.82 in December 2020 to 0.52 in December 2024. This indicates a decreasing ability to meet its short-term obligations using its most liquid assets. Although the quick ratio briefly increased in 2023 to 0.57, it then dropped back to 0.52 in the most recent year. This suggests a potential liquidity challenge for Juniper Networks Inc, where the company may have difficulty covering its current liabilities with its quick assets. Juniper Networks Inc should closely monitor its liquidity position and take necessary steps to improve its ability to meet its short-term financial obligations.
Peer comparison
Dec 31, 2024