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Ciena Corporation (CIEN)
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Ciena Corporation (CIEN) Current Ratio: 2.73

Is Ciena Corporation’s current ratio high or low?

Ciena Corporation's current ratio of 2.73 is 19% below its 4-year average of 3.36, near the low end of its 4-year range (2.73–3.81).

As of Thursday, June 25, 2026. 12.64% below its 12-month average of 3.13.

CIEN Current Ratio

CIEN Current Ratio Chart

2.73

Reported annual fiscal-period values; no daily interpolation.

+21.87% 10Y
CIEN Current Ratio

CIEN Average Current Ratio Chart

CIEN Current Ratio

CIEN Current vs Average Current Ratio Chart

CIEN Current Ratio Metrics

CURRENT RATIO

2.73

CURRENT RATIO AVG TTM

3.13

CURRENT RATIO AVG 3Y

3.35

CURRENT RATIO AVG 5Y

3.36

CURRENT RATIO AVG 10Y

2.94

CURRENT RATIO AVG 15Y

2.76

CURRENT RATIO AVG 20Y

2.77

CURRENT VS TTM AVG

-12.64%

CURRENT VS 3Y AVG

-18.59%

CURRENT VS 5Y AVG

-18.70%

CURRENT VS 10Y AVG

-7.02%

CURRENT VS 15Y AVG

-1.13%

CURRENT VS 20Y AVG

-1.59%

CIEN Competitors' Current Ratio

NAMEMARKET CAPCURRENT RATIOTTM3Y5Y
Ciena Corporation (CIEN)$65.61B2.733.133.353.36
Lumentum Holdings Inc. (LITE)vs ›$65.55B4.375.134.764.54
Motorola Solutions, Inc. (MSI)vs ›$66.50B1.041.161.121.17
Hewlett Packard Enterprise Company (HPE)vs ›$64.58B1.011.151.010.97
Teradyne, Inc. (TER)vs ›$66.87B1.762.332.742.94
STMicroelectronics N.V. (STM)vs ›$63.85B3.363.233.052.89
Astera Labs, Inc. Common Stock (ALAB)vs ›$68.55B10.2410.988.108.10
United Microelectronics Corporation (UMC)vs ›$69.87B2.342.402.302.24
Monolithic Power Systems, Inc. (MPWR)vs ›$70.50B5.915.616.085.83
Keysight Technologies, Inc. (KEYS)vs ›$60.04B2.352.672.672.79

Liquidity Analysis

Current Ratio

2.73

Quick Ratio

2.09

Ciena Corporation Current Ratio Formula & Definition

Current Ratio = Current Assets / Current Liabilities

The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Ciena Corporation Current Ratio FAQ

What is the current ratio for Ciena Corporation (CIEN)?
The current ratio for CIEN stock is 2.73.
Is Ciena Corporation's current ratio high or low?
Ciena Corporation's current ratio of 2.73 is 19% below its 4-year average of 3.36, near the low end of its 4-year range (2.73–3.81).
What is the TTM average current ratio for Ciena Corporation (CIEN)?
The TTM average current ratio for CIEN stock is 3.13.
What is the 3Y average current ratio for Ciena Corporation (CIEN)?
The 3Y average current ratio for CIEN stock is 3.35.
What is the 5Y average current ratio for Ciena Corporation (CIEN)?
The 5Y average current ratio for CIEN stock is 3.36.
What is the 10Y average current ratio for Ciena Corporation (CIEN)?
The 10Y average current ratio for CIEN stock is 2.94.
What is the 15Y average current ratio for Ciena Corporation (CIEN)?
The 15Y average current ratio for CIEN stock is 2.76.
What is the 20Y average current ratio for Ciena Corporation (CIEN)?
The 20Y average current ratio for CIEN stock is 2.77.

Ciena Corporation Current Ratio History

DATECURRENT RATIO
2025-11-012.73
2024-11-023.52
2023-10-283.81
2022-10-293.25
2021-10-303.48
2020-10-313.42
2019-10-312.80
2018-10-312.20
2017-10-311.91
2016-10-312.24
2015-10-312.76
2014-10-312.13
2013-10-312.23
2012-10-312.04
2011-10-312.90
2010-10-313.05
2009-10-316.55
2008-10-316.58
2007-10-312.69
2006-10-316.80
2005-10-316.15
2004-10-316.81
2003-10-316.60
2002-10-317.32
2001-10-318.61
2000-10-314.69
1999-10-315.05
1998-10-316.91
1997-10-317.06

About Ciena Corporation

Ciena Corporation is a global technology company focused on telecommunications infrastructure. It delivers integrated solutions – including specialized hardware, software applications, and professional services – designed to facilitate the efficient transmission, routing, switching, aggregation, delivery, and overall management of video, data, and voice traffic across communication networks worldwide. Within its Networking Platforms division, Ciena develops and supplies advanced hardware and integrated solutions. These products are specifically engineered to optimize the convergence of various optical transport methods (like coherent optical transport and optical transport network switching) with packet switching, enabling high-performance data handling. The product portfolio spans a range of packet-optical platforms (e.g., the 6500, 5400, and Z-Series), reconfigurable switching systems (such as the 5430), Waveserver interconnect systems, and dedicated switches for service delivery and aggregation (including the 3000 and 5000 families). This segment also provides the essential operating system software and advanced features embedded within its hardware offerings. Ciena's Blue Planet Automation Software and Services arm is dedicated to intelligent network automation. It offers solutions for orchestrating services across multiple network domains, maintaining precise network inventory, optimizing data routes, coordinating virtualized network functions (NFV), and delivering insightful analytics, alongside related support. The Platform Software and Services segment provides unified management platforms, exemplified by its OneControl system, as well as other software tools for comprehensive network planning, operational control, and ongoing oversight. Finally, the Global Services segment delivers end-to-end client support. This includes strategic consulting, detailed network architecture design, expert installation and deployment, ongoing maintenance, and comprehensive training programs. The company distributes its cutting-edge products and services to network operators through both direct sales forces and indirect channel partners. Established in 1992, Ciena Corporation maintains its corporate headquarters in Hanover, Maryland.

Hanover, MD
8,795 employees
Technology / Communication Equipment
Sector
Technology
Industry
Communication Equipment
CEO
Gary Smith