Ribbon Communications Inc. Quarterly Current Ratio in % from Q2 2018 to Q3 2024

Taxonomy & unit
ratio: %
Description
The current ratio is a liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.
Summary
Ribbon Communications Inc. quarterly Current Ratio history and growth rate from Q2 2018 to Q3 2024.
  • Ribbon Communications Inc. Current Ratio for the quarter ending September 30, 2024 was 114 %, a 10.8% decline year-over-year.
Current Ratio, Quarterly (%)
Current Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q3 2024 114 -13.9 -10.8% Sep 30, 2024
Q2 2024 110 -23.3 -17.5% Jun 30, 2024
Q1 2024 105 -27.1 -20.5% Mar 31, 2024
Q4 2023 123 -10 -7.57% Dec 31, 2023
Q3 2023 128 -3.49 -2.66% Sep 30, 2023
Q2 2023 133 +0.54 +0.41% Jun 30, 2023
Q1 2023 133 -5.73 -4.14% Mar 31, 2023
Q4 2022 133 -8.42 -5.97% Dec 31, 2022
Q3 2022 131 -8.78 -6.27% Sep 30, 2022
Q2 2022 132 -2.46 -1.82% Jun 30, 2022
Q1 2022 138 +9.59 +7.45% Mar 31, 2022
Q4 2021 141 +16.9 +13.6% Dec 31, 2021
Q3 2021 140 +17.6 +14.3% Sep 30, 2021
Q2 2021 135 +13.6 +11.3% Jun 30, 2021
Q1 2021 129 +9.69 +8.14% Mar 31, 2021
Q4 2020 124 +14.8 +13.5% Dec 31, 2020
Q3 2020 123 +22.5 +22.4% Sep 30, 2020
Q2 2020 121 +27.3 +29.1% Jun 30, 2020
Q1 2020 119 +24.4 +25.7% Mar 31, 2020
Q4 2019 109 +6.84 +6.68% Dec 31, 2019
Q3 2019 100 -7.94 -7.35% Sep 30, 2019
Q2 2019 93.9 -20.7 -18% Jun 30, 2019
Q1 2019 94.7 Mar 31, 2019
Q4 2018 102 Dec 31, 2018
Q3 2018 108 Sep 30, 2018
Q2 2018 115 Jun 30, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.