Juniper Networks Inc (JNPR)

Debt-to-equity 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 stockholders’ equity	US$ in thousands	4,492,700	4,475,100	4,316,900	4,543,500	4,610,600
Debt-to-equity ratio		0.36	0.36	0.39	0.38	0.37

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,616,800K ÷ $4,492,700K
= 0.36

The debt-to-equity ratio of Juniper Networks Inc has shown some fluctuations over the past five years. In 2023 and 2022, the ratio remained constant at 0.36, indicating a relatively stable capital structure with a moderate level of leverage. In 2021, the ratio increased slightly to 0.39, suggesting a slight increase in debt relative to equity.

The highest debt-to-equity ratio was observed in 2020 at 0.47, indicating a higher level of debt in the company's capital structure compared to equity. This could imply increased financial risk and potential concerns about the company's ability to meet its debt obligations.

However, the ratio decreased to 0.37 in 2019, indicating a reduction in the company's debt relative to equity, which could be seen as a positive trend towards a more conservative capital structure.

Overall, the trend in Juniper Networks Inc's debt-to-equity ratio shows some variability over the years, with the company managing its debt levels to maintain a balance between debt and equity in its capital structure.