Last Price$74.7(6.1%)
Market Cap$11.2B
LTM Current ratio
3.5x
5Y avg
3.6x
Communication Equipment industry
median
1.8x
Stock quality & Intrinsic value
6/10
(0.4%) overvalued
Ciena Corporation Current ratio
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Oct'05 | Oct'06 | Oct'07 | Oct'08 | Oct'09 | Oct'10 | Oct'11 | Oct'12 | Oct'13 | Nov'14 | Oct'15 | Oct'16 | Oct'17 | Oct'18 | Oct'19 | Oct'20 | Oct'21 | Oct'22 | Oct'23 | Nov'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 6.2x | 6.8x | 2.7x | 6.6x | 6.6x | 3.1x | 2.9x | 2.1x | 2.3x | 2.2x | 2.8x | 2.3x | 1.9x | 2.2x | 2.8x | 3.4x | 3.5x | 3.3x | 3.8x | 3.5x |
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Ciena Corporation (CIEN) Current ratio comparison analysis
General
LTM Current ratio
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
Ciena CorporationCIEN
3.5x
(8.5%)
(66.1%)
2.1%
Median Peer Set
1.3x
(3.1%)
(8.5%)
7.1%
Credo Technology Group Holding LtdCRDO
10.8x
4.8%
63.6%
(14.7%)
Ubiquiti Inc.UI
2.2x
(0.6%)
(14.2%)
18.1%
Juniper Networks, Inc.JNPR
1.5x
(8.8%)
(9.3%)
5.7%
Zebra Technologies CorporationZBRA
1.4x
8.7%
78.0%
10.6%
EchoStar CorporationSATS
1.4x
(7.0%)
(98.5%)
(0.2%)
Hewlett Packard Enterprise CompanyHPE
1.3x
3.4%
25.0%
8.5%
Motorola Solutions, Inc.MSI
1.3x
8.4%
(7.6%)
14.6%
Telefonaktiebolaget LM Ericsson (publ)ERIC
1.2x
(7.8%)
N/A
(10.0%)
Cisco Systems, Inc.CSCO
0.9x
(5.6%)
(17.2%)
19.2%
Nokia OyjNOK
N/A
(8.3%)
(83.8%)
3.0%
CIEN key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Oct'05 | Oct'06 | Oct'07 | Oct'08 | Oct'09 | Oct'10 | Oct'11 | Oct'12 | Oct'13 | Nov'14 | Oct'15 | Oct'16 | Oct'17 | Oct'18 | Oct'19 | Oct'20 | Oct'21 | Oct'22 | Oct'23 | Nov'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 427.3 43.0% | 564.1 32.0% | 779.8 38.2% | 902.4 15.7% | 652.6 (27.7%) | 1,236.6 89.5% | 1,742.0 40.9% | 1,833.9 5.3% | 2,082.5 13.6% | 2,288.3 9.9% | 2,445.7 6.9% | 2,600.6 6.3% | 2,801.7 7.7% | 3,094.3 10.4% | 3,572.1 15.4% | 3,532.2 (1.1%) | 3,620.7 2.5% | 3,632.7 0.3% | 4,386.5 20.8% | 4,015.0 (8.5%) |
| Cost of Goods Sold (COGS) | 291.1 | 306.3 | 417.5 | 451.5 | 367.8 | 739.1 | 1,032.8 | 1,109.7 | 1,217.4 | 1,339.9 | 1,370.1 | 1,439.0 | 1,555.9 | 1,779.6 | 2,030.1 | 1,879.3 | 1,898.7 | 2,072.3 | 2,507.7 | 2,295.4 |
% margin | 136.2 31.9% | 257.8 45.7% | 362.3 46.5% | 450.9 50.0% | 284.8 43.6% | 497.5 40.2% | 709.1 40.7% | 724.2 39.5% | 865.2 41.5% | 948.4 41.4% | 1,075.6 44.0% | 1,161.6 44.7% | 1,245.8 44.5% | 1,314.7 42.5% | 1,542.1 43.2% | 1,652.9 46.8% | 1,722.0 47.6% | 1,560.3 43.0% | 1,878.9 42.8% | 1,719.6 42.8% |
| Operating Expenses | 486.7 | 273.5 | 316.0 | 427.9 | 397.2 | 709.4 | 824.5 | 796.3 | 859.8 | 902.3 | 941.0 | 995.9 | 1,007.1 | 1,061.5 | 1,167.4 | 1,139.2 | 1,194.5 | 1,303.1 | 1,521.3 | 1,553.0 |
| Research & Development Expenses (R&D) | 137.2 | 111.1 | 127.3 | 175.0 | 190.3 | 327.6 | 379.9 | 364.2 | 383.4 | 401.2 | 414.2 | 451.8 | 475.3 | 491.6 | 548.1 | 529.9 | 536.7 | 624.7 | 750.6 | 767.5 |
| Selling, General & Administrative Expenses (SG&A) | 148.7 | 151.9 | 168.3 | 220.7 | 182.0 | 296.2 | 378.2 | 380.5 | 426.6 | 455.1 | 457.2 | 482.6 | 498.8 | 554.2 | 597.4 | 586.0 | 634.1 | 645.9 | 706.1 | 731.3 |
% margin | (431.7) (101.0%) | (31.4) (5.6%) | 48.7 6.2% | 21.9 2.4% | (579.2) (88.8%) | (321.8) (26.0%) | (163.2) (9.4%) | (79.8) (4.4%) | (1.8) (0.1%) | 45.7 2.0% | 100.4 4.1% | 156.2 6.0% | 214.7 7.7% | 229.9 7.4% | 346.8 9.7% | 487.0 13.8% | 495.4 13.7% | 222.8 6.1% | 357.5 8.2% | 166.6 4.1% |
| Interest Income | 0.0 | 0.0 | 0.0 | 36.8 | 9.5 | 3.9 | 6.0 | 16.0 | 0.6 | 0.4 | 1.2 | 4.1 | 6.6 | 13.7 | 3.9 | 6.9 | 2.1 | 6.7 | 45.0 | 62.1 |
| Interest Expense | 323.1 | 0.0 | 0.0 | 12.9 | 7.4 | 18.6 | 37.9 | 54.9 | 49.8 | 72.4 | 76.7 | 69.5 | 58.6 | 67.3 | 37.5 | 30.4 | 32.6 | 47.1 | 88.0 | 97.0 |
| Pre-tax Income | (434.4) | 2.0 | 85.7 | 41.5 | (582.5) | (331.6) | (187.8) | (134.7) | (80.2) | (26.7) | 23.8 | 86.7 | 156.1 | 148.8 | 313.2 | 456.0 | 462.8 | 182.5 | 323.7 | 119.9 |
% effective tax rate | 1.3 (0.3%) | 1.4 69.9% | 2.9 3.4% | 2.6 6.4% | (1.3) 0.2% | 1.9 (0.6%) | 7.7 (4.1%) | 9.3 (6.9%) | 5.2 (6.5%) | 14.0 (52.4%) | 12.1 50.9% | 14.1 16.3% | (1,105.8) (708.3%) | 493.5 331.7% | 59.8 19.1% | 94.7 20.8% | (37.4) (8.1%) | 29.6 16.2% | 68.8 21.3% | 35.9 29.9% |
% margin | (435.7) (102.0%) | 0.6 0.1% | 82.8 10.6% | 38.9 4.3% | (581.2) (89.0%) | (333.5) (27.0%) | (195.5) (11.2%) | (144.0) (7.9%) | (85.4) (4.1%) | (40.6) (1.8%) | 11.7 0.5% | 72.6 2.8% | 1,262.0 45.0% | (344.7) (11.1%) | 253.4 7.1% | 361.3 10.2% | 500.2 13.8% | 152.9 4.2% | 254.8 5.8% | 84.0 2.1% |
| EPS | (5.30) | 0.01 | 0.97 | 0.44 | (6.37) | (3.58) | (2.04) | (1.45) | (0.83) | (0.38) | 0.10 | 0.52 | 8.89 | (2.49) | 1.63 | 2.34 | 3.22 | 1.01 | 1.71 | 0.58 |
| Diluted EPS | (5.30) | 0.01 | 0.87 | 0.42 | (6.37) | (3.58) | (2.04) | (1.45) | (0.83) | (0.38) | 0.10 | 0.51 | 7.53 | (2.40) | 1.61 | 2.32 | 3.19 | 1.00 | 1.71 | 0.58 |
% margin | (329.9) (77.2%) | 28.9 5.1% | 79.0 10.1% | 111.0 12.3% | (521.7) (79.9%) | (143.1) (11.6%) | 6.2 0.4% | 38.6 2.1% | 90.9 4.4% | 158.8 6.9% | 270.4 11.1% | 307.4 11.8% | 347.9 12.4% | 363.2 11.7% | 497.4 13.9% | 646.2 18.3% | 618.5 17.1% | 397.4 10.9% | 527.0 12.0% | 350.3 8.7% |
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FAQ
1) What is Ciena Corporation's Current ratio?
As of today, Microsoft Corp's last 12-month Current ratio is 3.5x, based on the financial report for Nov 02, 2024 (Q4’2024). The average annual Current ratio for Ciena Corporation have been 3.7x over the past three years, and 3.8x over the past five years.
2) Is Ciena Corporation's Current ratio Good?
As of today, Ciena Corporation's Current ratio is 3.5x, which is higher than industry median of 1.8x. It indicates that Ciena Corporation's Current ratio is Good.