Juniper Networks Inc (JNPR)

Debt-to-assets ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Long-term debt	US$ in thousands	1,616,800	1,601,300	1,686,800	1,705,800	1,683,900
Total assets	US$ in thousands	9,518,500	9,326,700	8,887,000	9,378,300	8,837,700
Debt-to-assets ratio		0.17	0.17	0.19	0.18	0.19

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,616,800K ÷ $9,518,500K
= 0.17

The debt-to-assets ratio of Juniper Networks Inc has shown a consistent downward trend from 0.23 in 2020 to 0.17 in 2023. This indicates that the company has been effectively managing its debt levels in relation to its total assets over the years. A lower debt-to-assets ratio suggests that the company relies less on debt financing and has a stronger financial position with a higher proportion of assets financed by equity. This trend may signify improved financial stability and reduced financial risk for Juniper Networks Inc, potentially enhancing investor confidence in the company's ability to meet its financial obligations.