Juniper Networks Inc (JNPR)

Debt-to-assets ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	1,616,800	1,588,500	1,602,600	1,616,700	1,601,300	1,595,700	1,625,800	1,648,400	1,686,800	1,692,000	1,694,400	1,685,200	1,705,800	1,714,100	1,720,100	1,712,900	1,683,900	1,687,600	1,490,500	1,789,600
Total assets	US$ in thousands	9,518,500	9,404,800	9,375,500	9,316,300	9,326,700	8,976,200	8,861,000	8,827,900	8,887,000	8,721,400	8,723,400	8,711,100	9,378,300	8,694,700	8,741,500	8,609,500	8,837,700	8,753,600	8,903,300	9,137,900
Debt-to-assets ratio		0.17	0.17	0.17	0.17	0.17	0.18	0.18	0.19	0.19	0.19	0.19	0.19	0.18	0.20	0.20	0.20	0.19	0.19	0.17	0.20

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 remained relatively stable over the past eight quarters, ranging between 0.17 and 0.19. This indicates that the company has been able to maintain a healthy balance between its total debt and total assets. A lower debt-to-assets ratio suggests lower financial risk and indicates that a smaller portion of the company's assets is financed through debt. Juniper Networks Inc's consistent and moderate debt-to-assets ratio over the past two years reflects a prudent and sustainable capital structure. It appears that the company has been managing its debt levels effectively while utilizing its assets efficiently to support its operations and growth initiatives.