Ciena Gross Margin vs Accounts Payable Analysis
CIEN Stock | USD 49.10 0.18 0.37% |
Trend analysis of Ciena Corp balance sheet accounts such as Other Current Liab of 520.9 M, Total Current Liabilities of 558.9 M or Total Stockholder Equity of 3.4 B provides information on Ciena Corp's total assets, liabilities, and equity, which is the actual value of Ciena Corp to its prevalent stockholders. By breaking down trends over time using Ciena Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Ciena |
About Ciena Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Ciena Corp at a specified time, usually calculated after every quarter, six months, or one year. Ciena Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ciena Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ciena currently owns. An asset can also be divided into two categories, current and non-current.
Ciena Corp Balance Sheet Chart
Ciena Corp Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Ciena Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Ciena Corp's Non Currrent Assets Other are very stable compared to the past year. As of the 13th of May 2024, Net Receivables is likely to grow to about 1.2 B, while Total Current Liabilities is likely to drop about 558.9 M. Add Fundamental
Total Assets
Total assets refers to the total amount of Ciena Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ciena Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Ciena Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ciena Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Ciena Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ciena Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ciena Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Ciena Stock, please use our How to Invest in Ciena Corp guide.At this time, Ciena Corp's Selling General Administrative is very stable compared to the past year. As of the 13th of May 2024, Tax Provision is likely to grow to about 83.1 M, while Issuance Of Capital Stock is likely to drop about 30.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 47.1M | 88.0M | 79.2M | 141.8M | Depreciation And Amortization | 181.4M | 142.2M | 128.0M | 163.3M |
Ciena Corp fundamental ratios Correlations
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Ciena Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ciena Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.2B | 4.9B | 5.1B | 5.6B | 6.4B | 6.8B | |
Other Current Liab | 334.1M | 409.3M | 360.8M | 431.4M | 496.1M | 520.9M | |
Total Current Liabilities | 760.7M | 909.0M | 1.0B | 932.0M | 1.1B | 558.9M | |
Total Stockholder Equity | 2.5B | 3.0B | 2.7B | 2.8B | 3.3B | 3.4B | |
Property Plant And Equipment Net | 329.4M | 329.3M | 312.9M | 315.3M | 362.6M | 191.2M | |
Net Debt | (324.9M) | (685.1M) | 135.0M | 594.4M | 683.6M | 717.7M | |
Retained Earnings | (4.3B) | (3.8B) | (3.6B) | (3.4B) | (3.0B) | (3.2B) | |
Accounts Payable | 291.9M | 356.2M | 516.0M | 317.8M | 365.5M | 383.8M | |
Cash | 1.1B | 1.4B | 994.4M | 1.0B | 1.2B | 642.4M | |
Non Current Assets Total | 1.6B | 1.7B | 1.7B | 2.0B | 2.3B | 2.4B | |
Non Currrent Assets Other | 102.8M | 99.9M | 113.6M | 116.5M | 104.8M | 113.4M | |
Cash And Short Term Investments | 1.2B | 1.6B | 1.1B | 1.1B | 1.3B | 993.2M | |
Net Receivables | 719.4M | 885.0M | 920.8M | 1.0B | 1.2B | 1.2B | |
Common Stock Shares Outstanding | 156.0M | 156.7M | 152.2M | 149.4M | 171.8M | 110.1M | |
Liabilities And Stockholders Equity | 4.2B | 4.9B | 5.1B | 5.6B | 6.4B | 6.8B | |
Non Current Liabilities Total | 910.6M | 936.2M | 1.3B | 1.8B | 2.1B | 2.2B | |
Inventory | 344.4M | 374.3M | 946.7M | 1.1B | 1.2B | 1.3B | |
Other Current Assets | 308.1M | 325.7M | 370.1M | 405.7M | 466.5M | 489.9M | |
Other Stockholder Equity | 6.8B | 6.8B | 6.4B | 6.3B | 7.2B | 5.6B | |
Total Liab | 1.7B | 1.8B | 2.4B | 2.8B | 3.2B | 3.3B | |
Property Plant And Equipment Gross | 329.4M | 329.3M | 312.9M | 315.3M | 362.6M | 191.2M | |
Total Current Assets | 2.6B | 3.2B | 3.4B | 3.6B | 4.1B | 4.3B | |
Accumulated Other Comprehensive Income | (35.4M) | 439K | (46.6M) | (37.8M) | (34.0M) | (32.3M) | |
Intangible Assets | 96.6M | 65.3M | 69.5M | 205.6M | 185.1M | 133.9M | |
Short Long Term Debt Total | 763.7M | 737.5M | 1.1B | 1.6B | 1.8B | 1.0B | |
Common Stock Total Equity | 1.5M | 1.5M | 1.5M | 1.5M | 1.3M | 1.6M | |
Short Term Investments | 150.7M | 181.5M | 154.0M | 104.8M | 94.3M | 89.6M | |
Short Term Debt | 26.0M | 25.6M | 25.9M | 28.4M | 32.6M | 31.0M | |
Common Stock | 1.5M | 1.5M | 1.5M | 1.4M | 1.3M | 1.6M | |
Other Liab | 82.8M | 224.3M | 212.7M | 196.3M | 225.7M | 237.0M | |
Other Assets | 737.2M | 900.1M | 937.6M | 892.2M | 1.0B | 1.1B | |
Property Plant Equipment | 329.4M | 329.3M | 312.9M | 315.3M | 362.6M | 194.8M | |
Current Deferred Revenue | 108.7M | 118.0M | 137.9M | 154.4M | 177.6M | 186.5M | |
Long Term Debt | 676.4M | 670.4M | 1.1B | 1.5B | 1.8B | 982.2M | |
Good Will | 310.8M | 311.6M | 328.3M | 444.8M | 511.5M | 537.1M | |
Net Tangible Assets | 2.1B | 2.6B | 2.3B | 2.2B | 2.5B | 2.6B | |
Retained Earnings Total Equity | (4.6B) | (4.3B) | (3.8B) | (3.6B) | (4.2B) | (4.4B) | |
Long Term Debt Total | 680.4M | 676.4M | 670.4M | 1.1B | 955.0M | 798.6M | |
Capital Surpluse | 6.8B | 6.8B | 6.8B | 6.4B | 7.3B | 7.1B |
Ciena Corp Investors Sentiment
The influence of Ciena Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ciena. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Ciena Corp's public news can be used to forecast risks associated with an investment in Ciena. The trend in average sentiment can be used to explain how an investor holding Ciena can time the market purely based on public headlines and social activities around Ciena Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ciena Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ciena Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ciena Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ciena Corp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ciena Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ciena Corp's short interest history, or implied volatility extrapolated from Ciena Corp options trading.
Pair Trading with Ciena Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ciena Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ciena Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Ciena Stock
0.86 | EXTR | Extreme Networks Fiscal Year End 7th of August 2024 | PairCorr |
Moving against Ciena Stock
0.71 | WDC | Western Digital Financial Report 29th of July 2024 | PairCorr |
0.63 | MSI | Motorola Solutions | PairCorr |
0.48 | HPE | Hewlett Packard Ente Aggressive Push | PairCorr |
The ability to find closely correlated positions to Ciena Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ciena Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ciena Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ciena Corp to buy it.
The correlation of Ciena Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ciena Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ciena Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ciena Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ciena Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Ciena Stock, please use our How to Invest in Ciena Corp guide.Note that the Ciena Corp information on this page should be used as a complementary analysis to other Ciena Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Ciena Stock analysis
When running Ciena Corp's price analysis, check to measure Ciena Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ciena Corp is operating at the current time. Most of Ciena Corp's value examination focuses on studying past and present price action to predict the probability of Ciena Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ciena Corp's price. Additionally, you may evaluate how the addition of Ciena Corp to your portfolios can decrease your overall portfolio volatility.
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Is Ciena Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ciena Corp. If investors know Ciena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ciena Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Earnings Share 1.54 | Revenue Per Share 29.507 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0424 |
The market value of Ciena Corp is measured differently than its book value, which is the value of Ciena that is recorded on the company's balance sheet. Investors also form their own opinion of Ciena Corp's value that differs from its market value or its book value, called intrinsic value, which is Ciena Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ciena Corp's market value can be influenced by many factors that don't directly affect Ciena Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ciena Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ciena Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ciena Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.