Ciena Corporation CIEN
356.91
(1.52)
(0.42%)
as of 25 Sep
- Market cap
- $51.7B
- P/E
- 77.3×
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Ciena Corporation (CIEN) Debt to equity
Ciena Corporation's debt to equity at the end of the quarter to 31 July 2026 was 1.1×, up 0.5× from fiscal 2025 (0.6×). Over the past ten years it has ranged from 0.2× (fiscal 2021) to 2.1× (fiscal 2015); the current reading is higher than 82% of that period. That is above the Communication Equipment industry median of 0.1× and above the Technology sector median of 0.1×.
Debt to equity, annual
Annual
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 0.6× | 2.59% |
| FY2024 | 0.5× | 0.46% |
| FY2023 | 0.5× | 38.68% |
| FY2022 | 0.4× | 75.52% |
| FY2021 | 0.2× | (17.63%) |
| FY2020 | 0.3× | (13.94%) |
| FY2019 | 0.3× | (11.96%) |
| FY2018 | 0.4× | (17.96%) |
| FY2017 | 0.4× | (73.22%) |
| FY2016 | 1.6× | (20.29%) |
Quarterly
| Period | Debt to equity | Change |
|---|---|---|
| Jul 2026 | 1.1× | 99.58% |
| Apr 2026 | 0.5× | (3.78%) |
| Jan 2026 | 0.6× | (2.22%) |
| Oct 2025 | 0.6× | 1.98% |
| 43 more quarters | Free account |
Against its own ten years
Low 0.2×
High 2.1×
Ten-year median
0.4×
Current reading's percentile
82
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| UI Ubiquiti Inc. compare | 0.0× |
| NOK Nokia Corporation compare | 0.1× |
| ERIC Ericsson compare | 0.3× |
| LITE Lumentum Holdings Inc. compare | 0.4× |
| HPE Hewlett Packard Enterprise Company compare | 0.7× |
| ZBRA Zebra Technologies Corporation compare | 0.8× |
| CIEN Ciena Corporation | 1.1× |
| ASTS AST SpaceMobile, Inc. compare | 1.2× |
| MSI Motorola Solutions, Inc. compare | 3.4× |
| Communication Equipment industry median | 0.1× |
| Technology sector median | 0.1× |
| Market median | 0.2× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on CIEN
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement