Ribbon Communications (RBBN) Short-Term Debt issuances (2017 - 2024)
Ribbon Communications recorded quarterly Short-Term Debt issuances of $29.1 million in Q2 2024, up 94.04% quarter-over-quarter from $15.0 million in Q1 2024, and down 2.98% year-over-year from $30.0 million in Q3 2023.
Ribbon Communications' Short-Term Debt issuances history runs 7 years deep, the most recent figure standing at $29.1 million for Q2 2024.
- In Q2 2024, Short-Term Debt issuances fell 2.98% year-over-year to $29.1 million; the TTM figure through Dec 2024 stood at $44.1 million (down 54.53% YoY), while the FY2024 annual figure was $44.1 million, down 54.53% from the prior year.
- Short-Term Debt issuances came in at $29.1 million for Q2 2024 at Ribbon Communications, up from $15.0 million in the prior quarter.
- In the past five years, Short-Term Debt issuances ranged from a high of $38.6 million in Q3 2022 to a low of $615000.0 in Q2 2020.
- A 4-year average of $24.4 million and a median of $29.6 million in 2023 frame the typical range for Short-Term Debt issuances.
- Across the five-year window, Short-Term Debt issuances plunged 98.88% in 2020 and soared 100.0% in 2023, its largest moves.
- Ribbon Communications' Short-Term Debt issuances stood at $615000.0 in 2020, then jumped by 2339.02% to $15.0 million in 2022, then jumped by 100.0% to $30.0 million in 2023, then declined by 2.98% to $29.1 million in 2024.
- According to Business Quant data, Short-Term Debt issuances over the past three periods registered $29.1 million, $15.0 million, and $30.0 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Short-Term Debt issuances (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | - |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | - |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 425.00 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | - |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | - |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | - |
| 10 | Ribbon Communications | 490.09 Mn | 420.50 Mn | 69.69 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 29.11 Mn |
| Jun 30, 2024 | 29.11 Mn |
| Mar 31, 2024 | 15.00 Mn |
| Mar 31, 2024 | 15.00 Mn |
| Dec 31, 2023 | 30.00 Mn |
| Dec 31, 2023 | 30.00 Mn |
| Sep 30, 2023 | 37.00 Mn |
| Sep 30, 2023 | 37.00 Mn |
| Jun 30, 2023 | 30.00 Mn |
| Jun 30, 2023 | 30.00 Mn |
| Dec 31, 2022 | 15.00 Mn |
| Dec 31, 2022 | 15.00 Mn |
| Sep 30, 2022 | 38.63 Mn |
| Sep 30, 2022 | 38.63 Mn |
| Jun 30, 2020 | 615,000.00 |
| Jun 30, 2020 | 615,000.00 |
| Dec 31, 2019 | 8.00 Mn |
| Dec 31, 2019 | 8.00 Mn |
| Sep 30, 2019 | 17.00 Mn |
| Sep 30, 2019 | 17.00 Mn |
| Jun 30, 2019 | 55.00 Mn |
| Jun 30, 2019 | 55.00 Mn |
| Mar 31, 2019 | 37.00 Mn |
| Mar 31, 2019 | 37.00 Mn |
| Dec 31, 2018 | 55.00 Mn |
| Dec 31, 2018 | 55.00 Mn |
| Sep 30, 2018 | 117.50 Mn |
| Sep 30, 2018 | 117.50 Mn |
| Jun 30, 2018 | 15.00 Mn |
| Jun 30, 2018 | 15.00 Mn |
| Mar 31, 2018 | 10.00 Mn |
| Mar 31, 2018 | 10.00 Mn |
| Dec 31, 2017 | 15.50 Mn |
| Dec 31, 2017 | 15.50 Mn |