Depositary Receipt on CIEN Issued by PI Financial Ratios — CIEN03

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Return on Common Equity (%)	-225.82	- -	- -	- -	- -	10.46	86.95	-16.96	12.36	15.43	18.09	5.33	9.16	2.96	4.45
Return on Assets (%)	-9.61	-7.52	-4.64	-2.1	0.49	2.61	36.98	-8.94	6.63	8.95	11.06	3.08	4.78	1.49	2.14
Return on Capital (%)	- -	- -	- -	- -	2.28	6.02	- -	-16.26	10.11	12.35	- -	5.11	7.81	3.42	4.45
Return on Invested Capital (%)	- -	- -	- -	- -	2.81	6.26	- -	-17.57	9.5	11.76	- -	4.64	6.47	2.51	3.37
Gross Margin (%)	40.71	39.49	41.54	41.44	43.98	44.67	44.47	42.49	43.17	46.8	47.56	42.95	42.83	42.83	42.04
EBITDA Margin (%)	-0.41	2.93	6.01	6.93	9.66	11.45	12.05	10.99	13.14	17.54	17.33	9.99	11.39	7.47	7.08
Operating Margin (%)	-6.81	-3.93	0.26	2.01	5.5	6.37	8.52	8.18	10.49	14.54	14.57	7.08	8.77	4.76	6.52
Incremental Operating Margin (%)	21.2	50.7	31.13	19.76	56.27	20.08	36.27	4.97	25.42	- -	15.64	- -	16.93	52.11	15.85
Pretax Margin (%)	-10.78	-7.34	-3.85	-1.17	0.97	3.33	5.57	4.81	8.77	12.91	12.78	5.02	7.38	2.99	3.28
Profit Margin (%)	-11.22	-7.85	-4.1	-1.78	0.48	2.79	45.04	-11.14	7.09	10.23	13.81	4.21	5.81	2.09	2.59
Net Income to Common Margin (%)	-11.22	-7.85	-4.1	-1.78	0.48	2.79	45.04	-11.14	7.09	10.23	13.81	4.21	5.81	2.09	2.59
Effective Tax Rate (%)	- -	- -	- -	- -	50.9	16.3	- -	331.68	19.08	20.76	- -	16.22	21.27	29.95	21.08
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	-225.82	- -	- -	- -	- -	10.46	86.95	-16.96	12.36	15.43	18.09	5.33	9.16	2.96	4.45

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Total Debt	1,442	1,442	1,215	1,477	1,293	1,280	1,013	765	755	828	804	1,186	1,657	1,632	1,626
ST Debt	- -	216	3	198	7	239	356	11	10	29	29	30	32	31	30
LT Debt	1,442	1,226	1,212	1,279	1,285	1,042	657	755	746	799	775	1,157	1,625	1,602	1,595
Total Debt/EBITDA	-202.81	26.83	9.7	9.32	5.47	4.3	3	2.25	1.61	1.34	1.28	3.27	3.32	5.44	4.81
Net Debt/EBITDA	-126.61	14.88	6.91	5.54	2.05	1.6	0.88	-0.15	-0.46	-0.65	-1.19	0.2	1.09	2.03	1.31
Total Debt/EBIT	-8.84	-18.06	-684.56	32.32	12.87	8.2	4.72	3.33	2.18	1.7	1.62	5.32	4.63	9.8	8.23
Net Debt/EBIT	-5.52	-10.01	-487.62	19.21	4.81	3.05	1.38	-0.23	-0.62	-0.83	-1.5	0.33	1.52	3.66	2.25
EBITDA to Interest Expense	-0.19	1.3	2.76	3.26	4.42	5.34	6.04	6.04	12.29	19.1	20.01	6.85	5.37	3.04	3.68
EBITDA-CapEx/Interest Expense	-1.57	0.14	1.79	2.27	3.25	3.42	4.34	4.84	10.65	16.55	17.47	5.14	4.23	1.66	2.15
EBIT to Interest Expense	-3.13	-1.74	0.12	0.95	2.52	2.97	4.27	4.5	9.81	15.84	16.82	4.86	4.13	1.94	3.39
Interest Expense	38	41	45	49	53	56	56	56	38	32	31	53	93	99	92
Common Equity/Total Assets	0.71	-4.73	-4.59	-3.36	23.04	26.67	54.06	51.36	55.81	60.03	62.07	53.51	50.85	49.92	46.54
Long-Term Debt/Equity (%)	10,396.91	- -	- -	- -	207.04	135.94	30.76	39.12	34.32	31.85	25.65	42.64	57.05	56.88	58.45
Long-Term Debt/Capital (%)	99.05	90.6	107.03	90.89	67.17	50.9	20.86	28.01	25.47	23.95	20.26	29.67	36.06	36.01	36.63
Long-Term Debt/Total Assets (%)	73.91	65.16	67.23	61.73	47.7	36.25	16.63	20.09	19.15	19.12	15.92	22.82	29.01	28.39	27.2
Total Debt/Equity (%)	10,396.91	-1,620.75	-1,469.69	-2,122	208.23	167.07	47.42	39.66	34.77	33	26.61	43.73	58.18	57.96	59.56
Total Debt/Capital (%)	99.05	106.58	107.3	104.95	67.56	62.56	32.17	28.4	25.8	24.81	21.02	30.42	36.78	36.69	37.33
Total Debt/Total Assets (%)	73.91	76.66	67.4	71.27	47.97	44.55	25.64	20.37	19.4	19.81	16.52	23.4	29.58	28.93	27.72
Net Debt to Equity	6,490.8	-898.68	-1,046.88	-1,261.41	77.82	62.12	13.83	-2.69	-9.97	-16.15	-24.68	2.72	19.12	21.66	16.26
Net Debt/Capital (%)	98.48	112.52	110.13	106.97	43.03	37.51	11.78	-2.67	-10.7	-18.02	-31.04	2.54	15.58	17.36	13.6
EBITDA	-7	54	125	158	236	298	338	340	469	619	628	363	500	300	338
EBITDA-CapEx	-59	6	81	110	174	191	243	272	407	537	548	272	394	163	197
Operating Income (Loss)	-119	-72	5	46	135	166	239	253	375	514	527	257	385	191	311

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Cash Ratio	1.19	1.01	0.77	0.93	1.39	1.18	0.89	0.93	1.2	1.63	1.76	1.1	1.2	1.25	1
Current Ratio	2.94	2.07	2.27	2.17	2.79	2.26	1.93	2.22	2.82	3.43	3.51	3.25	3.84	3.54	2.73
Quick Ratio	2.13	1.53	1.58	1.61	2.26	1.84	1.5	1.77	2.19	2.72	2.87	2.16	2.47	2.33	1.91
CFO/Avg Current Liab	-0.2	0.19	0.07	0.13	0.36	0.37	0.24	0.23	0.46	0.61	0.65	-0.17	0.17	0.53	0.7
Common Equity/Total Assets	0.71	-4.73	-4.59	-3.36	23.04	26.67	54.06	51.36	55.81	60.03	62.07	53.51	50.85	49.92	46.54
Long-Term Debt/Equity (%)	10,396.91	- -	- -	- -	207.04	135.94	30.76	39.12	34.32	31.85	25.65	42.64	57.05	56.88	58.45
Long-Term Debt/Capital (%)	99.05	90.6	107.03	90.89	67.17	50.9	20.86	28.01	25.47	23.95	20.26	29.67	36.06	36.01	36.63
Long-Term Debt/Total Assets (%)	73.91	65.16	67.23	61.73	47.7	36.25	16.63	20.09	19.15	19.12	15.92	22.82	29.01	28.39	27.2
Total Debt/Equity (%)	10,396.91	-1,620.75	-1,469.69	-2,122	208.23	167.07	47.42	39.66	34.77	33	26.61	43.73	58.18	57.96	59.56
Total Debt/Capital (%)	99.05	106.58	107.3	104.95	67.56	62.56	32.17	28.4	25.8	24.81	21.02	30.42	36.78	36.69	37.33
Total Debt/Total Assets (%)	73.91	76.66	67.4	71.27	47.97	44.55	25.64	20.37	19.4	19.81	16.52	23.4	29.58	28.93	27.72
CFO/Total Liabilities	-4.67	5.44	2.37	4.19	12.64	13.74	12.94	12.55	24.01	29.54	29.35	-7.12	6.11	18.21	25.71
CFO/CapEx	-1.73	2.23	1.02	1.86	4.22	2.7	2.48	3.39	6.6	5.97	6.81	-1.85	1.59	3.77	5.73
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Accounts Receivable Turnover	4.58	4.81	4.99	4.54	4.57	4.61	4.68	4.39	4.73	4.89	4.51	4.02	4.56	4.2	5.06
Days Sales Outstanding	79.74	75.93	73.09	80.36	79.83	79.09	78.06	83.08	77.22	74.62	80.87	90.72	80.07	86.93	72.11
Inventory Turnover	4.2	4.53	4.78	5.32	6.15	7.15	6.5	6.72	6.68	5.45	5.28	3.14	2.51	2.45	3.36
Days Inventory Outstanding	86.88	80.61	76.34	68.61	59.38	51.04	56.11	54.34	54.64	66.95	69.07	116.33	145.37	148.78	108.7
Accounts Payable Turnover	5.6	6.77	5.55	5.79	6.05	6.37	6.5	5.91	6.16	5.9	5.95	6.06	6.26	5.57	5.73
Accounts Payable Turnover Days	65.2	53.93	65.74	63.02	60.33	57.3	56.17	61.75	59.22	61.86	61.33	60.19	58.27	65.51	63.65
Cash Conversion Cycle	101.42	102.61	83.69	85.95	78.88	72.83	78.01	75.67	72.64	79.72	88.62	146.87	167.18	170.2	117.16
Inventory to Cash Days	-7.15	-4.68	-3.24	11.74	20.44	28.06	21.95	28.74	22.57	7.67	11.79	-25.62	-65.3	-61.85	-36.6
Inventories	230	260	249	255	191	211	267	263	345	344	374	947	1,051	820	826
Raw Materials	45	40	53	65	53	45	53	67	99	119	175	665	665	543	594
Work In Process	14	11	8	8	9	13	19	10	14	14	10	18	55	32	35
Finished Goods	135	178	154	166	126	156	185	189	227	210	181	259	314	325	286
Other Inventory	68	71	76	76	56	60	61	48	53	41	45	41	67	28	41

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	542	642	346	587	791	778	641	745	904	1,089	1,423	994	1,011	935	1,092
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	1,442	1,442	1,215	1,477	1,293	1,280	1,013	765	755	828	804	1,186	1,657	1,632	1,626
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Capital	1,456	1,353	1,132	1,408	1,914	2,047	3,150	2,695	2,928	3,338	3,824	3,899	4,506	4,448	4,355
Total Debt/Capital (%)	99.05	106.58	107.3	104.95	67.56	62.56	32.17	28.4	25.8	24.81	21.02	30.42	36.78	36.69	37.33
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	1,742	1,834	2,083	2,288	2,446	2,601	2,802	3,094	3,572	3,532	3,621	3,633	4,387	4,015	4,770
TTM EBITDA	-7	54	125	158	236	298	338	340	469	619	628	363	500	300	338
TTM Operating Income	-119	-72	5	46	135	166	239	253	375	514	527	257	385	191	311
TTM Cash Flow to Firm	- -	- -	- -	- -	288	336	- -	99	444	519	- -	-123	242	584	879
TTM Free Cash Flow to Firm	- -	- -	- -	- -	226	229	- -	31	381	437	- -	-214	135	447	738

Multiples (USD)

Valuation Multiples API ChatGPT

No data availableFinancial data will appear here once available

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Shares Outstanding	957,727	1,024,333	1,024,333	1,089,276	1,380,811	1,423,121	1,456,474	1,571,279	1,572,148	1,573,769	1,576,782	1,511,148	1,474,666	1,452,532	1,435,835
Diluted Weighted Avg Shares	975,991	1,011,495	1,042,133	1,077,088	1,222,875	1,534,476	1,730,124	1,463,548	1,604,814	1,587,942	1,595,966	1,549,637	1,520,995	1,486,213	1,478,923
Basic Weighted Avg Shares	975,991	1,011,495	1,042,133	1,077,088	1,205,718	1,408,300	1,445,821	1,463,548	1,585,549	1,570,958	1,581,059	1,539,608	1,516,831	1,473,496	1,448,102
Revenue per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash & Equivalents per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Tangible Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -