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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,064.64 Bn | 4,810.10 Bn | 54.82 Bn |
| 2 | Cisco Systems | 387.30 Bn | 323.23 Bn | 11.06 Bn |
| 3 | Arista Networks | 233.88 Bn | 183.08 Bn | 2.33 Bn |
| 4 | Dell Technologies | 213.96 Bn | 169.72 Bn | 9.83 Bn |
| 5 | Sony | 164.26 Bn | 101.68 Bn | 7.96 Bn |
| 6 | Sandisk | 123.84 Bn | 108.67 Bn | 9.38 Bn |
| 7 | Seagate Technology Holdings | 115.23 Bn | 110.07 Bn | 2.43 Bn |
| 8 | Western Digital | 108.25 Bn | 98.08 Bn | 2.53 Bn |
| 9 | Hewlett Packard Enterprise | 63.71 Bn | 41.65 Bn | 4.93 Bn |
| 10 | Ribbon Communications | 250.50 Mn | 2.65 Mn | 105.53 Mn |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();