8-KOther EventsExhibits & Filings

CISCO SYSTEMS, INC. 8-K Report, Corporate Update (Sep 13, 2016)

Filed September 13, 2016For Securities:CSCO

Summary

Cisco Systems, Inc. (CSCO) filed a Current Report on Form 8-K on September 13, 2016, to report on an exhibit related to its financial performance. Specifically, the filing includes Exhibit 12.1, which contains Cisco's Computation of Ratio of Earnings to Fixed Charges for the five fiscal years ending July 30, 2016. This exhibit is crucial for investors seeking to understand the company's ability to cover its fixed financial obligations, such as interest and lease payments, from its earnings. The filing itself is procedural, incorporating the detailed ratio calculation into its Registration Statement No. 333-194090. While not announcing new operational developments or significant corporate actions, this report provides a key metric for assessing Cisco's financial health and leverage, which is a standard component of financial due diligence for potential and existing shareholders.

Key Highlights

  • 1Cisco Systems, Inc. (CSCO) filed an 8-K report on September 13, 2016.
  • 2The primary purpose of the filing is to include Exhibit 12.1, the Computation of Ratio of Earnings to Fixed Charges.
  • 3This exhibit covers the five fiscal years ending July 30, 2016.
  • 4The Ratio of Earnings to Fixed Charges is a key financial metric for assessing debt servicing capabilities.
  • 5The filing is an incorporation by reference into Registration Statement No. 333-194090.
  • 6No new operational or strategic information is disclosed in this specific 8-K filing.
  • 7The filing provides important data for investors evaluating Cisco's financial leverage and stability.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally submit Exhibit 12.1, which is Cisco's Computation of Ratio of Earnings to Fixed Charges for the five fiscal years ending July 30, 2016. This exhibit is incorporated into the company's existing Registration Statement No. 333-194090.

The Ratio of Earnings to Fixed Charges is a financial metric that measures a company's ability to cover its fixed financial obligations, such as interest expenses on debt and rent expenses on leases, using its earnings. A higher ratio generally indicates a stronger ability to meet these obligations.

No, this specific 8-K filing does not announce any new business developments, strategic changes, or specific financial results for a particular quarter or year. Its primary function is to provide the required exhibit detailing the computation of the Ratio of Earnings to Fixed Charges.

The detailed calculation and figures for Cisco's Ratio of Earnings to Fixed Charges for the specified period are contained within Exhibit 12.1, which is referenced and incorporated by this 8-K filing. Investors would need to access the full exhibit, typically available through the SEC's EDGAR database or the investor relations section of Cisco's website, to review the specific data.