Viavi Solutions Balance Sheet Health
Financial Health criteria checks 3/6
Viavi Solutions has a total shareholder equity of $702.1M and total debt of $637.6M, which brings its debt-to-equity ratio to 90.8%. Its total assets and total liabilities are $1.7B and $1.0B respectively. Viavi Solutions's EBIT is $17.9M making its interest coverage ratio 1.1. It has cash and short-term investments of $493.1M.
Key information
90.8%
Debt to equity ratio
US$637.60m
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$493.10m |
| Equity | US$702.10m |
| 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 ($864.0M) exceed its short term liabilities ($232.8M).
Long Term Liabilities: UNS1's short term assets ($864.0M) exceed its long term liabilities ($802.7M).
Debt to Equity History and Analysis
Debt Level: UNS1's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: UNS1's debt to equity ratio has increased from 82.5% to 90.8% over the past 5 years.
Debt Coverage: UNS1's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: UNS1's interest payments on its debt are not well covered by EBIT (1.1x coverage).