Ribbon Communications Inc. (RBBN) financial statements (2020 and earlier)

Company profile

Business Address 4 TECHNOLOGY PARK DRIVE
WESTFORD, MA 01886
State of Incorp. DE
Fiscal Year End December 31
SIC 7373 - Computer Integrated Systems Design (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments455174
Cash and cash equivalents454457
Short-term investments 717
Receivables193188165
Inventory, net of allowances, customer advances and progress billings152321
Inventory152321
Other current assets271721
Total current assets:279278282
Noncurrent Assets
Inventory, Noncurrent 1 
Operating lease, right-of-use asset37
Property, plant and equipment292725
Long-term investments and receivables  9
Long-term investments  9
Intangible assets, net (including goodwill)438635580
Goodwill225384336
Intangible assets, net (excluding goodwill)213251244
Deferred income tax assets5
Other noncurrent assets2776
Other undisclosed noncurrent assets 88
Total noncurrent assets:536679629
TOTAL ASSETS:815957911
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities88130122
Accounts payable314546
Accrued liabilities578476
Deferred revenue100
Debt115520
Deferred revenue and credits101
Contract with customer, liability105
Other undisclosed current liabilities7  
Total current liabilities:207290243
Noncurrent Liabilities
Long-term debt and lease obligation83  
Long-term debt, excluding current maturities46  
Operating lease, liability37
Liabilities, other than long-term debt427250
Deferred revenue and credits14
Deferred revenue20
Contract with customer, liability18
Deferred income tax liabilities5
Due to related parties 2423
Other liabilities173113
Other undisclosed noncurrent liabilities 53
Total noncurrent liabilities:1257753
Total liabilities:332367295
Stockholders' equity
Stockholders' equity attributable to parent483590615
Common stock000
Additional paid in capital1,7481,7241,685
Accumulated other comprehensive income343
Accumulated deficit(1,267)(1,137)(1,072)
Total stockholders' equity:483590615
TOTAL LIABILITIES AND EQUITY:815957911

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
Revenues563578330
Revenue, net330
Cost of revenue
(Cost of Goods and Services Sold)
(246)(270)(128)
Gross profit:317308201
Operating expenses(507)(374)(257)
Operating loss:(189)(65)(55)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
70(4)1
Interest and debt expense(0)  
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(4)(4)0
Loss from continuing operations before income taxes:(123)(73)(54)
Income tax expense (benefit)(7)(3)18
Net loss available to common stockholders, diluted:(130)(77)(35)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
Net loss:(130)(77)(35)
Other comprehensive income (loss)(1)1(2)
Comprehensive loss:(131)(76)(38)
Other undisclosed comprehensive income, net of tax, attributable to parent  0
Comprehensive loss, net of tax, attributable to parent:(131)(76)(38)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: