Viavi Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Viavi Solutions has a total shareholder equity of $687.8M and total debt of $685.2M, which brings its debt-to-equity ratio to 99.6%. Its total assets and total liabilities are $1.8B and $1.1B respectively. Viavi Solutions's EBIT is $171.1M making its interest coverage ratio 7.6. It has cash and short-term investments of $485.5M.
Key information
99.6%
Debt to equity ratio
US$685.20m
Debt
| Interest coverage ratio | 7.6x |
| Cash | US$485.50m |
| Equity | US$687.80m |
| Total liabilities | US$1.14b |
| Total assets | US$1.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIAV *'s short term assets ($911.9M) exceed its short term liabilities ($328.7M).
Long Term Liabilities: VIAV *'s short term assets ($911.9M) exceed its long term liabilities ($811.5M).
Debt to Equity History and Analysis
Debt Level: VIAV *'s net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: VIAV *'s debt to equity ratio has reduced from 106% to 99.6% over the past 5 years.
Debt Coverage: VIAV *'s debt is well covered by operating cash flow (25.6%).
Interest Coverage: VIAV *'s interest payments on its debt are well covered by EBIT (7.6x coverage).