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Ciena Corp  (CIEN)
Other Ticker:  
 
    Sector  Technology    Industry Communications Equipment

Ciena's Working Capital Ratio

CIEN's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth




CIEN Working Capital Ratio (Jul 31 2021)
III. Quarter
(May 01 2021)
II. Quarter
(Jan 30 2021)
I. Quarter
(Oct 31 2020)
IV. Quarter
(Aug 01 2020)
III. Quarter
Y / Y Current Liabilities Change 14.8 % 9.77 % -6.59 % -10.08 % -8.92 %
Y / Y Current Assets Change 16.21 % 19.41 % 14.56 % 9.63 % 12.07 %
Working Capital Ratio MRQ 3.61 3.57 3.79 3.43 3.56
Overall Ranking # # # # #
Seq. Current Liabilities Change 5.67 % 14.3 % -9.98 % 5.58 % 1.05 %
Seq. Current Assets Change 6.79 % 7.62 % -0.56 % 1.69 % 9.73 %



Working Capital Ratio third quarter 2021 Comment
Ciena's Current Assets grew by 6.79 % in III. Quarter sequntially, faster than Current Liabilities, this led to improvement in Ciena's Working Capital Ratio to 3.61, Working Capital Ratio remained below Ciena Corp average.

Within Communications Equipment industry 15 other companies have achieved higher Working Capital Ratio than Ciena in third quarter 2021. While total ranking remained unchanged compare to previous quarter at no. .

Explain Working Capital Ratio
Where is CIEN most successful ?
Working Capital Ratio CIEN on the trailing twelve month basis
Working Capital Ratio third quarter 2021 Company Ranking
Within: No.
Communications Equipment Industry # 16
Technology Sector # 173
Overall Market # 1750


Working Capital Ratio Statistics
High Average Low
8.07 4.02 1.81
(Jan. 31, 2008)   (Apr 30 2014)




Financial Statements
Ciena's Current Liabilities $ 827 Millions Visit CIEN's Balance sheet
Ciena's Current Assets $ 2,984 Millions Visit CIEN's Balance sheet
Source of CIEN's Sales Visit CIEN's Sales by Geography




Companies with similar Working Capital Ratio in the quarter endingJul 31 2021, within Communications Equipment Industry Working Capital RatioJul 31 2021 MRQ Current AssetsJul 31 2021 MRQ Current Liabilities
Dolby Laboratories Inc   5.74 $ 1,772.876  Millions$ 308.965  Millions
Loral Space and Communications Inc   5.31 $ 26.111  Millions$ 4.918  Millions
Viasat Inc   4.83 $ 1,133.028  Millions$ 234.526  Millions
Napco Security Technologies inc  4.76 $ 95.986  Millions$ 20.176  Millions
Echostar Corporation  4.62 $ 1,939.083  Millions$ 419.284  Millions
Pctel Inc   4.53 $ 64.187  Millions$ 14.177  Millions
Communications Systems Inc   4.53 $ 34.126  Millions$ 7.539  Millions
Clearfield Inc   4.45 $ 69.984  Millions$ 15.715  Millions
Vocera Communications Inc   4.38 $ 350.787  Millions$ 80.041  Millions
Seachange International Inc  4.08 $ 37.037  Millions$ 9.080  Millions
Lumentum Holdings Inc   3.73 $ 2,436.800  Millions$ 652.800  Millions
Iridium Communications Inc   3.70 $ 321.782  Millions$ 86.914  Millions
Ciena Corp  3.61 $ 2,984.133  Millions$ 827.091  Millions
Esco Technologies inc   3.19 $ 470.865  Millions$ 147.570  Millions
Calamp Corp   3.16 $ 203.813  Millions$ 64.406  Millions
Clearone Inc  3.09 $ 26.058  Millions$ 8.435  Millions
Fabrinet  3.04 $ 1,352.507  Millions$ 444.358  Millions
Adtran Inc   2.97 $ 344.497  Millions$ 116.069  Millions
Netgear Inc   2.78 $ 911.791  Millions$ 327.732  Millions
Iteris inc   2.71 $ 73.819  Millions$ 27.209  Millions
Motorola Solutions inc   2.64 $ 4,660.000  Millions$ 1,768.000  Millions
Dzs Inc  2.53 $ 216.070  Millions$ 85.492  Millions
Blackberry Limited  2.37 $ 953.000  Millions$ 402.000  Millions
Kvh Industries Inc   2.22 $ 94.939  Millions$ 42.701  Millions
Cambium Networks Corp  2.13 $ 170.495  Millions$ 79.862  Millions
Sunworks Inc   1.82 $ 54.928  Millions$ 30.100  Millions
Infinera Corp  1.78 $ 914.234  Millions$ 514.711  Millions
Aviat Networks Inc   1.77 $ 170.239  Millions$ 96.369  Millions
Amphenol Corporation  1.76 $ 5,281.800  Millions$ 2,996.500  Millions
Qualcomm Inc  1.72 $ 19,693.000  Millions$ 11,460.000  Millions


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