Juniper Networks Inc (JNPR)
Solvency ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 2.09 | 2.07 | 2.09 | 2.12 | 2.12 | 2.17 | 2.15 | 2.10 | 2.08 | 2.07 | 2.09 | 2.07 | 2.06 | 1.99 | 2.01 | 1.97 | 2.06 | 1.91 | 1.96 | 1.96 |
Based on the provided data, Juniper Networks Inc has consistently maintained a debt-to-assets ratio, debt-to-capital ratio, and debt-to-equity ratio of 0.00 across all the quarters from March 2020 to December 2024. This indicates that the company has not relied heavily on debt financing to support its operations and growth.
The financial leverage ratio, which measures the extent to which the company is using debt to finance its operations, has shown some fluctuations over the quarters but generally stayed around 2.0. This suggests that Juniper Networks has a moderate level of financial leverage, with a relatively stable capital structure.
Overall, based on the solvency ratios, Juniper Networks Inc appears to have a strong financial position with minimal reliance on debt for funding its operations and a reasonable level of financial leverage to support its growth strategies.
Coverage ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 4.52 | 3.80 | 3.63 | 3.74 | 5.45 | 6.67 | 7.90 | 10.15 | 10.15 | 10.22 | 10.21 | 8.93 | 6.71 | 6.02 | 5.40 | 5.00 | 5.79 | 5.99 | 5.91 | 5.82 |
Juniper Networks Inc's interest coverage ratio has shown fluctuations over the analyzed period. The interest coverage ratio is a measure of a company's ability to meet its interest payments on outstanding debt. A higher ratio indicates a stronger ability to cover interest expenses.
From March 31, 2020, to June 30, 2022, Juniper Networks Inc's interest coverage ratio steadily increased from 5.82 to 10.21, reflecting an improving ability to cover interest payments. This trend indicates a positive development in the company's financial position, potentially resulting from increased earnings or decreased interest expenses.
However, the interest coverage ratio experienced a decline in the following quarters, dropping to 3.63 by June 30, 2024. A decreasing interest coverage ratio may suggest a higher financial risk for the company, as it may struggle to meet interest obligations with its current level of earnings.
It is essential for Juniper Networks Inc to monitor its interest coverage ratio closely and take measures to ensure its ability to fulfill its debt obligations. Maintaining a healthy interest coverage ratio is crucial for the company's financial stability and sustainability.