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Ciena Corporation logo

Ciena Corporation (CIEN) Quick Ratio

Annual Quick Ratio

2.090.61-22.59%

Summary

Current Value
As of today, CIEN annual quick ratio is 2.09, down -22.59% on
Historical Performance
CIEN annual quick ratio is down -9.52% over the past 3 years, and down -29.39% over the past 5 years
All-Time High Comparison
CIEN annual quick ratio is currently -72.54% below its historical high of 7.61 set on
3-Year Low Comparison
CIEN annual quick ratio is at its 3-year low
Sector Comparison
CIEN annual quick ratio is higher than 65.69% of companies in Technology sector

Quick Ratio Chart

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Series
SUGGESTED SERIES

Performance

CIEN Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio2.09-22.6%-9.5%-29.4%-16.4%
Quarterly Quick Ratio2.09-22.6%-9.5%-29.4%-16.4%
Price$259.27+215.3%+404.2%+389.8%+988.5%
Annual Current Assets$3.57B+1.2%+6.4%+37.2%+148.5%
Annual Inventory$826.24M+0.7%-12.7%+139.9%+215.8%
Annual Current Liabilities$1.31B+30.9%+25.7%+72.0%+178.4%
Annual Current Ratio2.73-22.4%-15.2%-20.2%-10.5%
Annual Debt To Equity0.580.0%+31.8%+75.8%-93.6%
Piotroski F-Score8+33.3%+166.7%+33.3%+300.0%
Altman Z-Score7.68+154.3%+224.1%+134.2%+449.1%

Quick Ratio Highs

CIEN Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y2.70-22.6%
5Y3.07-31.9%
All7.61-72.5%

Quick Ratio Lows

CIEN Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y2.09at low
5Y2.09at low
All1.65+26.7%

Quick Ratio History

YearValueChange
2.09-22.6%
2.70+0.7%
2.68+16.0%
2.31-24.8%
3.07+3.7%
2.96+23.8%
YearValueChange
2.39+23.8%
1.93+17.0%
1.65-17.5%
2.00-19.0%
2.47-

FAQ

  • What is the current annual quick ratio of CIEN?

    As of today, CIEN annual quick ratio is 2.09

  • What is 1-year change in CIEN annual quick ratio?

    CIEN annual quick ratio is down -22.59% year-over-year

  • What is 3-year change in CIEN annual quick ratio?

    CIEN annual quick ratio is down -9.52% over the past 3 years

  • How far is CIEN annual quick ratio from its all-time high?

    CIEN annual quick ratio is currently -72.54% below its historical high of 7.61 set on October 31, 2001

  • How does CIEN annual quick ratio rank versus sector peers?

    CIEN annual quick ratio is higher than 65.69% of companies in Technology sector

  • When is CIEN next annual earnings release?

    As of today, the next annual earnings release for CIEN has not been scheduled

Quick Ratio Formula

Quick Ratio =  
-

Data Sources & References

  1. CIEN Official Website www.ciena.com
  2. CIEN Profile on Yahoo Finance finance.yahoo.com/quote/CIEN
  3. CIEN Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/cien