Ribbon Communications (RBBN) Other Accumulated Expenses (2016 - 2024)
Ribbon Communications' Other Accumulated Expenses was $31.25 million in Q2 2024, up 4.3% from $29.95 million a year earlier but down 2.9% from the prior quarter.
Ribbon Communications (RBBN) Other Accumulated Expenses (2016 - 2024) Analysis & Trends
At the end of FY2023, Other Accumulated Expenses at Ribbon Communications came in at $29.92 million, down 11.8% from FY2022.
- Other Accumulated Expenses has now declined for three consecutive years, though with a five-year compound annual growth rate of 10.2% (FY2018 to FY2023).
- In earlier years, Other Accumulated Expenses was $33.93 million in FY2022 (-29.8%), $48.35 million in FY2021 (-29.8%), $68.83 million in FY2020 (+324.8%) and $16.2 million in FY2019 (-12.0%).
- Quarterly Other Accumulated Expenses has moved between $16.2 million (Q4 2019) and $68.83 million (Q4 2020) over five years.
- Compared with a year earlier, Other Accumulated Expenses was higher in 1 of the last eight quarters, with an average decline of 18.5%.
- The best year-over-year quarter for Other Accumulated Expenses over five years was Q4 2020 (growth of 324.8%); the worst was Q2 2023 (a decline of 41.3%).
- Per Business Quant data, RBBN's Other Accumulated Expenses in the three quarters before Q2 2024 was $32.19 million (Q1 2024), $29.92 million (Q4 2023) and $33.1 million (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn |
| 10 | Ribbon Communications | 316.43 Mn | 34.16 Mn | 90.34 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 31.25 Mn |
| Mar 31, 2024 | 32.19 Mn |
| Dec 31, 2023 | 29.92 Mn |
| Sep 30, 2023 | 33.10 Mn |
| Jun 30, 2023 | 29.95 Mn |
| Mar 31, 2023 | 37.50 Mn |
| Dec 31, 2022 | 33.93 Mn |
| Sep 30, 2022 | 54.24 Mn |
| Jun 30, 2022 | 50.99 Mn |
| Mar 31, 2022 | 43.82 Mn |
| Dec 31, 2021 | 48.35 Mn |
| Sep 30, 2021 | 55.29 Mn |
| Jun 30, 2021 | 49.55 Mn |
| Mar 31, 2021 | 57.06 Mn |
| Dec 31, 2020 | 68.83 Mn |
| Sep 30, 2020 | 63.92 Mn |
| Jun 30, 2020 | 52.27 Mn |
| Mar 31, 2020 | 53.00 Mn |
| Dec 31, 2019 | 16.20 Mn |
| Sep 30, 2019 | 24.62 Mn |
Ribbon Communications Other Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-accumulated-expenses&ticker=RBBN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-accumulated-expenses", "ticker": "RBBN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-accumulated-expenses&ticker=RBBN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();