Ribbon Communications Inc. (RBBN)

Ribbon Communications Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	37.24	26.63	67.26	103.92	128.43	44.64
Trading Asset Securities	-	-	13.21	-	-	-
Cash & Short-Term Investments	37.24	26.63	80.47	103.92	128.43	44.64
Cash Growth	51.99%	-66.91%	-22.56%	-19.09%	187.68%	-12.43%
Receivables	249.18	268.42	267.24	282.92	237.74	192.71
Inventory	77.32	77.52	75.42	54.04	45.75	14.8
Restricted Cash	2.85	-	-	2.57	7.27	-
Other Current Assets	49.99	46.15	54.85	37.55	28.46	27.15
Total Current Assets	416.58	418.72	477.99	480.99	447.65	279.3
Property, Plant & Equipment	79.51	81.6	89.72	100.83	118.65	65.63
Long-Term Investments	-	-	12.22	47.8	115.18	-
Goodwill	300.89	300.89	300.89	300.89	416.89	224.9
Other Intangible Assets	199.32	238.09	294.73	350.73	417.36	213.37
Long-Term Deferred Tax Assets	84.47	69.76	53.65	47.29	10.65	4.96
Long-Term Deferred Charges	1.18	0.56	0.8	-	-	-
Other Long-Term Assets	32.8	34.54	25.58	19.21	20.89	26.76
Total Assets	1,115	1,144	1,256	1,348	1,547	814.91
Accounts Payable	78.94	85.16	95.81	97.12	63.39	31.41
Accrued Expenses	89.4	53.38	43.19	52.41	66.04	40.5
Short-Term Debt	-	-	-	-	-	8
Current Portion of Long-Term Debt	4.81	35.1	20.06	20.06	18.69	2.5
Current Portion of Leases	10.64	15.74	15.42	17.4	17.93	8.72
Current Income Taxes Payable	13.54	8.38	8.15	-	-	-
Current Unearned Revenue	95.76	113.38	113.94	109.12	96.82	100.41
Other Current Liabilities	-	29.92	33.93	48.35	64.77	15.2
Total Current Liabilities	293.1	341.07	330.49	344.45	327.63	206.74
Long-Term Debt	332.43	250.82	306.27	350.22	376.83	46
Long-Term Leases	33.25	38.71	46.18	55.26	73.18	39.35
Long-Term Unearned Revenue	16.75	19.22	19.25	20.62	26.01	20.48
Long-Term Deferred Tax Liabilities	5.62	5.62	3.75	8.12	16.84	4.65
Other Long-Term Liabilities	38.08	28.54	24.81	30.73	29.64	4.57
Total Liabilities	719.23	691.39	737.14	820.57	860.41	331.65
Common Stock	0.02	0.02	0.02	0.02	0.02	0.01
Additional Paid-In Capital	1,968	1,959	1,942	1,875	1,870	1,748
Retained Earnings	-1,581	-1,520	-1,454	-1,356	-1,178	-1,267
Comprehensive Income & Other	8.11	13.79	30.59	7.58	-4.94	2.53
Shareholders' Equity	395.53	452.76	518.43	527.17	686.85	483.26
Total Liabilities & Equity	1,115	1,144	1,256	1,348	1,547	814.91
Total Debt	381.13	340.37	387.93	442.94	486.62	104.57
Net Cash (Debt)	-343.89	-313.74	-307.45	-339.02	-358.19	-59.92
Net Cash Per Share	-1.99	-1.84	-1.96	-2.30	-2.48	-0.55
Filing Date Shares Outstanding	175.38	172.46	169.23	148.96	145.47	110.82
Total Common Shares Outstanding	174.74	172.08	168.32	148.9	145.34	109.98
Working Capital	123.48	77.65	147.49	136.54	120.02	72.56
Book Value Per Share	2.26	2.63	3.08	3.54	4.73	4.39
Tangible Book Value	-104.68	-86.22	-77.19	-124.46	-147.4	44.99
Tangible Book Value Per Share	-0.60	-0.50	-0.46	-0.84	-1.01	0.41
Machinery	-	80.51	79.84	77.96	93.98	84.02
Leasehold Improvements	-	36.38	35.45	34.64	37.26	23.98

Source: S&P Capital IQ. Standard template. Financial Sources.