CSIMarket
 


Ciena Corp  (CIEN)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology


Ciena's ROA from the first quarter of 2024 to the first quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Ciena's ROA in the first quarter of 2024?
Ciena Corp achieved a return on average assets (ROA) of 4.68 % in its first quarter of 2024, this is above CIEN's average return on assets of -1.8%.
Ciena Corps assets during the 12 months ending in the first quarter of 2024 are valued at $4 billion

ROA decreased relative to the period ending Oct 28 2023, due to the decline in net income.

However, within the Technology sector 135 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jan 27 2024 quarter, so far to 997, from total ROA ranking in the fourth quarter of 2023 at 1261.

What is ROA?


Return On Assets (Jan 27 2024)
I. Quarter
(Oct 28 2023)
IV. Quarter
(Jul 29 2023)
III. Quarter
(Apr 29 2023)
II. Quarter
(Jan 28 2023)
I. Quarter
Y / Y Total Assets Change -1.96 % 12.89 % 20.12 % 19.5 % 18.88 %
Y / Y Net Income Change -35.01 % 58.21 % 182.85 % 48.13 % 66.38 %
Net Income (TTM) in million 228 255 221 202 183
Return On Assets (TTM) 4.68 % 5.2 % 4.65 % 4.44 % 4.21 %
CIEN's Total Ranking # 997 # 1261 # 1407 # 1495 # 1871
Total Assets (TTM) in million 4,781 4,794 4,932 4,982 4,877
Seq. Total Assets Change -0.27 % -2.79 % -0.99 % 2.14 % 14.83 %
Seq. Net Income Change -45.67 % 206.73 % -48.43 % -24.38 % 32.26 %



Return On Assets Company Ranking
Within: No.
Industry # 8
Sector # 136
Overall # 996

Return On Assets Statistics
High Average Low
40.95 %
-1.8 %
-37.36 %
(Oct 31 2017)   (Jan. 31, 2010)





Financial Statements
Ciena's Assets $ 4,781 million CIEN's Balance sheet
Ciena's Income $ 50 million Quarterly CIEN's Income Statement
CIEN's Income by Division See CIEN's Income by Division



Annual Return On Assets (Oct 28 2023)
FY 2023
(Oct 29 2022)
FY 2022
(Oct 30 2021)
FY 2021
(Oct 31 2020)
FY 2020
(Oct 31 2019)
FY 2019
Y / Y Total Assets Change 12.89 % 4.43 % 15.05 % -9.21 % 3.64 %
Total Assets in million 4,794 4,247 4,067 3,535 3,893
Y / Y Net Income Change 66.66 % -69.43 % 38.45 % 42.56 % -
Net Income in million 255 153 500 361 253
Return On Assets 5.32 % 3.6 % 12.3 % 10.22 % 6.51 %




Comment on CIEN's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 5.32 % compared to prior year, due to annual net income growth of 66.66 % to $254.83 million, while value of Ciena's overall assets grew just by 12.89 % to $4,794.45 million, compared to $4,794.45 a year before.


More Return On Assets Ratios
CIEN's' Return on Assets at Yahoo Finance
Consumer Electronics Industry Return On Assets Trends and Statistics
Technology Sector Roa Statistics
Roa Trends for overall market
CIEN's Roa Ratio versus Consumer Electronics Industry, Technology Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for CIEN's Competitors
Roa for Ciena's Suppliers
Return On Assets for CIEN's Customers

You may also want to know
CIEN's Roi CIEN's Inventory Turnover Ratio CIEN's Growth Rates CIEN's Dividend Comparisons
CIEN's Profitability Ratios CIEN's Asset Turnover Ratio CIEN's Dividend Growth
CIEN's Roe CIEN's Valuation Ratios CIEN's Financial Strength Ratios CIEN's Dividend Payout Ratio



Companies with similar Return On Assets at Jan 27 2024, within Technology Sector ROA
Hubbell Inc  12.87 %
Doximity Inc   12.75 %
Enphase Energy Inc   12.74 %
Marketwise Inc   12.58 %
Fabrinet  12.47 %
Amphenol Corporation  12.37 %
Gen Digital Inc   12.08 %
Factset Research Systems Inc   12.06 %
Nova Ltd   12.02 %
Harmonic Inc   11.85 %
Gartner Inc   11.84 %
Broadcom Inc   11.81 %
Nxp Semiconductors N v   11.77 %
Cognizant Technology Solutions Corporation  11.70 %
Servicenow Inc   11.69 %
George Risk Industries Inc   11.67 %
Innovative Solutions And Support inc   11.66 %
Consensus Cloud Solutions Inc   11.52 %
Shutterstock inc   11.31 %
Skyworks Solutions Inc   10.66 %
Bentley Systems Incorporated  10.21 %
Epam Systems Inc   10.00 %
Ametek inc   9.80 %
Rockwell Automation Inc   9.70 %
Perficient Inc   9.68 %
Intuit Inc   9.65 %
Hp inc   9.32 %
Cheer Holding Inc   9.32 %
First Solar Inc   8.86 %
F5 Inc   8.80 %


Date modified: 2024-03-08T14:42:17+00:00


Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com