Ribbon Other Assets vs Total Stockholder Equity Analysis
RBBN Stock | USD 3.91 0.15 3.99% |
Ribbon Communications financial indicator trend analysis is much more than just breaking down Ribbon Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ribbon Communications is a good investment. Please check the relationship between Ribbon Communications Other Assets and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ribbon Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Ribbon Stock, please use our How to Invest in Ribbon Communications guide.
Other Assets vs Total Stockholder Equity
Other Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ribbon Communications Other Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ribbon Communications' Other Assets and Total Stockholder Equity is 0.29. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Ribbon Communications, assuming nothing else is changed. The correlation between historical values of Ribbon Communications' Other Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Ribbon Communications are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Assets i.e., Ribbon Communications' Other Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Assets
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Ribbon Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ribbon Communications current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ribbon Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Ribbon Stock, please use our How to Invest in Ribbon Communications guide.At this time, Ribbon Communications' Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 56 M, though Tax Provision is likely to grow to (14.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 845.0M | 819.8M | 826.3M | 867.7M | Depreciation And Amortization | 45.2M | 44.9M | 71.0M | 74.5M |
Ribbon Communications fundamental ratios Correlations
Click cells to compare fundamentals
Ribbon Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ribbon Communications fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 814.9M | 1.5B | 1.3B | 1.3B | 1.1B | 635.5M | |
Short Long Term Debt Total | 101.4M | 474.2M | 442.9M | 387.9M | 340.4M | 357.4M | |
Total Stockholder Equity | 483.3M | 686.9M | 527.2M | 518.4M | 452.8M | 375.8M | |
Net Debt | 56.8M | 345.8M | 339.0M | 320.8M | 313.7M | 329.4M | |
Other Assets | 31.7M | 31.5M | 70.4M | 92.2M | 106.1M | 111.4M | |
Common Stock Shares Outstanding | 109.7M | 144.7M | 147.6M | 156.7M | 170.4M | 178.9M | |
Liabilities And Stockholders Equity | 814.9M | 1.5B | 1.3B | 1.3B | 1.1B | 635.5M | |
Non Current Liabilities Total | 124.9M | 532.8M | 476.1M | 406.6M | 350.3M | 367.8M | |
Other Stockholder Equity | 1.7B | 1.9B | 1.9B | 1.9B | 2.0B | 1.4B | |
Total Liab | 331.7M | 860.4M | 820.6M | 737.1M | 691.4M | 726.0M | |
Other Current Liab | 56.7M | 134.9M | 100.8M | 61.7M | 67.6M | 38.5M | |
Total Current Liabilities | 206.7M | 327.6M | 344.5M | 330.5M | 341.1M | 358.1M | |
Property Plant And Equipment Net | 65.6M | 118.6M | 100.8M | 89.7M | 81.6M | 85.7M | |
Retained Earnings | (1.3B) | (1.2B) | (1.4B) | (1.5B) | (1.5B) | (1.4B) | |
Accounts Payable | 31.4M | 63.4M | 97.1M | 95.8M | 85.2M | 89.4M | |
Cash | 44.6M | 128.4M | 103.9M | 67.1M | 26.6M | 25.3M | |
Non Current Assets Total | 535.6M | 1.1B | 866.7M | 777.6M | 725.4M | 761.7M | |
Non Currrent Assets Other | 26.8M | 20.9M | 23.1M | 26.4M | 35.1M | 18.8M | |
Cash And Short Term Investments | 44.6M | 128.4M | 103.9M | 67.1M | 26.6M | 25.3M | |
Short Term Investments | 7.3M | 0.0 | 115.2M | 13.2M | 11.9M | 11.3M | |
Inventory | 14.8M | 45.8M | 54.0M | 75.4M | 77.5M | 81.4M | |
Other Current Assets | 27.1M | 35.7M | 40.1M | 68.2M | 46.1M | 48.5M | |
Property Plant And Equipment Gross | 65.6M | 118.6M | 100.8M | 89.7M | 191.5M | 201.0M | |
Total Current Assets | 279.3M | 447.6M | 481.0M | 478.0M | 418.7M | 361.7M | |
Accumulated Other Comprehensive Income | 2.5M | (4.9M) | 7.6M | 30.6M | 13.8M | 14.5M | |
Short Term Debt | 18.2M | 32.6M | 37.5M | 50.9M | 66.6M | 69.9M | |
Net Receivables | 192.7M | 237.7M | 282.9M | 267.2M | 268.4M | 281.8M | |
Property Plant Equipment | 65.6M | 118.6M | 100.8M | 89.7M | 103.2M | 108.3M | |
Other Liab | 39.6M | 91.1M | 70.7M | 54.2M | 62.3M | 34.3M | |
Current Deferred Revenue | 100.4M | 96.8M | 109.1M | 113.9M | 113.4M | 73.4M | |
Long Term Debt | 46.0M | 369.0M | 350.2M | 306.3M | 197.5M | 207.4M | |
Intangible Assets | 213.4M | 417.4M | 350.7M | 294.7M | 238.1M | 250.0M | |
Good Will | 383.7M | 224.9M | 416.9M | 300.9M | 346.0M | 363.3M | |
Net Tangible Assets | 45.0M | (147.4M) | (124.5M) | (77.2M) | (69.5M) | (66.0M) | |
Deferred Long Term Liab | 4.7M | 4.6M | 16.8M | 8.1M | 7.3M | 7.8M | |
Short Long Term Debt | 55M | 10.5M | 15.5M | 20.1M | 35.1M | 19.7M | |
Capital Surpluse | 1.7B | 1.7B | 1.9B | 1.9B | 2.2B | 1.8B |
Pair Trading with Ribbon Communications
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ribbon Communications position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ribbon Communications will appreciate offsetting losses from the drop in the long position's value.Moving together with Ribbon Stock
Moving against Ribbon Stock
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0.6 | IVAC | Intevac | PairCorr |
The ability to find closely correlated positions to Ribbon Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ribbon Communications when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ribbon Communications - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ribbon Communications to buy it.
The correlation of Ribbon Communications is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ribbon Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ribbon Communications moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ribbon Communications can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ribbon Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Ribbon Stock, please use our How to Invest in Ribbon Communications guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ribbon Communications. If investors know Ribbon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ribbon Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.68) | Earnings Share (0.31) | Revenue Per Share 4.672 | Quarterly Revenue Growth 0.035 | Return On Assets 0.0072 |
The market value of Ribbon Communications is measured differently than its book value, which is the value of Ribbon that is recorded on the company's balance sheet. Investors also form their own opinion of Ribbon Communications' value that differs from its market value or its book value, called intrinsic value, which is Ribbon Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ribbon Communications' market value can be influenced by many factors that don't directly affect Ribbon Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ribbon Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ribbon Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ribbon Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.