Ribbon Communications (RBBN) - Net assets

Net assets on the balance sheet as of June 2024 : C$0.54 B

According to Ribbon Communications's latest financial reports the company has C$0.54 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ribbon Communications - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.60 B	-14.64%
2022-12-31	$C$0.70 B	5.44%
2021-12-31	$C$0.66 B	-23.83%
2020-12-31	$C$0.87 B	39.81%
2019-12-31	$C$0.62 B	-22.2%
2018-12-31	$C$0.80 B	4.07%
2017-12-31	$C$0.77 B	162.76%
2016-12-31	$C$0.29 B	-4.92%
2015-12-31	$C$0.30 B	11.1%
2014-12-31	$C$0.27 B	-16.08%
2013-12-31	$C$0.33 B	-11.37%
2012-12-31	$C$0.37 B	-11.28%
2011-12-31	$C$0.42 B	0.73%
2010-12-31	$C$0.41 B	-3.9%
2009-12-31	$C$0.43 B	-12.12%
2008-12-31	$C$0.49 B	2.62%
2007-12-31	$C$0.48 B	-3.9%
2006-12-31	$C$0.50 B	54.39%
2005-12-31	$C$0.32 B	12.79%
2004-12-31	$C$0.28 B	-5.89%
2003-12-31	$C$0.30 B	242.95%
2002-12-31	$C$89.6 M	-45.33%
2001-12-31	$C$0.16 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NETGEAR NTGR	C$0.69 B	26.26%	🇺🇸 USA
Ribbon Communications RBBN	C$0.54 B	0.00%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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