Juniper Networks Inc (JNPR)
Solvency ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 2.09 | 2.12 | 2.08 | 2.06 | 2.06 |
Juniper Networks Inc has consistently maintained a strong solvency position, as indicated by its low debt-to-assets, debt-to-capital, and debt-to-equity ratios, all of which were reported as 0.00 for the analyzed years from 2020 to 2024. This suggests that the company's level of debt in relation to its total assets, capital, and equity is negligible or minimal.
The financial leverage ratio, although not at 0.00, has shown a relatively stable trend over the years. The ratio increased slightly from 2.06 in 2020 to 2.12 in 2023 before decreasing to 2.09 in 2024. This indicates that Juniper Networks has been utilizing debt as part of its capital structure, but the overall impact on the company's financial leverage has not been significant.
In conclusion, Juniper Networks Inc's solvency ratios suggest that the company has a strong financial position with minimal reliance on debt to support its operations. The stable and low debt ratios indicate a healthy financial structure and a lower risk of financial distress.
Coverage ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Interest coverage | 4.67 | 6.11 | 9.20 | 7.10 | 4.44 |
Juniper Networks Inc's interest coverage ratio has shown a positive trend over the past five years. In particular, the ratio has improved from 4.44 in December 2020 to 7.10 in December 2021, further increasing to 9.20 in December 2022. This indicates the company's ability to cover its interest expenses with its operating income has strengthened significantly.
However, there was a slight decline in the interest coverage ratio to 6.11 in December 2023 followed by a further decrease to 4.67 in December 2024. While the ratio remains above 1, suggesting the company is generating enough operating income to cover its interest payments, the decreasing trend indicates potential concerns about the future ability to meet interest obligations.
Overall, Juniper Networks Inc's interest coverage ratios demonstrate a mix of positive improvements and recent declines, underscoring the importance of closely monitoring the company's operating performance and financial health.