Viavi Solutions Balance Sheet Health
Financial Health criteria checks 3/6
Viavi Solutions has a total shareholder equity of $705.1M and total debt of $634.4M, which brings its debt-to-equity ratio to 90%. Its total assets and total liabilities are $1.7B and $1.0B respectively. Viavi Solutions's EBIT is $29.2M making its interest coverage ratio 2.2. It has cash and short-term investments of $482.6M.
Key information
90.0%
Debt to equity ratio
US$634.40m
Debt
Interest coverage ratio | 2.2x |
Cash | US$482.60m |
Equity | US$705.10m |
Total liabilities | US$1.04b |
Total assets | US$1.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNS1's short term assets ($867.6M) exceed its short term liabilities ($227.8M).
Long Term Liabilities: UNS1's short term assets ($867.6M) exceed its long term liabilities ($811.1M).
Debt to Equity History and Analysis
Debt Level: UNS1's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: UNS1's debt to equity ratio has increased from 78.7% to 90% over the past 5 years.
Debt Coverage: UNS1's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: UNS1's interest payments on its debt are not well covered by EBIT (2.2x coverage).