Ribbon Communications Inc.RBBNNASDAQ
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Current Ratio Over Time
Trending higher, slight contraction.
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Current ratio (current assets / current liabilities)
Latest
1.41
Near historical average
Average (9y)
1.51
Historical baseline
Range
High:2.52
Low:0.96
CAGR
-6.2%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 1.41 | +14.8% |
| 2023 | 1.23 | -15.1% |
| 2022 | 1.45 | +3.6% |
| 2021 | 1.40 | +2.2% |
| 2020 | 1.37 | +1.1% |
| 2019 | 1.35 | +40.5% |
| 2018 | 0.96 | -17.3% |
| 2017 | 1.16 | -49.6% |
| 2016 | 2.31 | -8.4% |
| 2015 | 2.52 | - |