Viavi Net Tangible Assets vs Short Term Investments Analysis

VIAV Stock

USD 7.67 0.32 4.35%

Viavi Solutions financial indicator trend analysis is much more than just breaking down Viavi Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viavi Solutions is a good investment. Please check the relationship between Viavi Solutions Net Tangible Assets and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viavi Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Viavi Stock please use our How to Invest in Viavi Solutions guide.

Net Tangible Assets vs Short Term Investments

Net Tangible Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viavi Solutions Net Tangible Assets account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Viavi Solutions' Net Tangible Assets and Short Term Investments is 0.56. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Viavi Solutions, assuming nothing else is changed. The correlation between historical values of Viavi Solutions' Net Tangible Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Viavi Solutions are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Tangible Assets i.e., Viavi Solutions' Net Tangible Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Short Term Investments

Short Term Investments is an item under the current assets section of Viavi Solutions balance sheet. It contains any investments Viavi Solutions undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Viavi Solutions can easily liquidate in the marketplace.

Most indicators from Viavi Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viavi Solutions current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viavi Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Viavi Stock please use our How to Invest in Viavi Solutions guide.At this time, Viavi Solutions' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 60.65 in 2024, whereas Selling General Administrative is likely to drop slightly above 342 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	773.5M	638.8M	734.6M	467.0M
Total Revenue	1.3B	1.1B	1.3B	1.1B

Gross Profit Total Revenue

Viavi Solutions fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Short Term Investments
Total Assets		0.55	0.42	0.57	0.75	0.75	0.29	-0.92	0.64	0.52	0.75	0.32	0.71	0.72	0.83	0.56	0.63	0.3	0.83	0.78	0.67	0.9	0.35	0.39	-0.15	0.2
Short Long Term Debt Total	0.55		0.44	0.25	0.08	0.21	0.5	-0.56	-0.16	0.84	0.35	0.21	0.6	0.18	0.59	0.9	-0.02	0.6	0.62	0.93	0.23	0.54	0.13	0.0	-0.07	-0.07
Other Current Liab	0.42	0.44		0.76	0.15	0.38	0.16	-0.49	0.14	0.44	0.48	0.75	0.07	0.53	0.46	0.15	0.39	0.13	0.48	0.52	0.53	0.24	0.58	0.28	-0.09	-0.49
Total Current Liabilities	0.57	0.25	0.76		0.53	0.57	0.01	-0.57	0.53	0.3	0.43	0.48	0.24	0.71	0.56	-0.05	0.63	0.05	0.56	0.47	0.56	0.49	0.92	0.47	-0.01	-0.06
Total Stockholder Equity	0.75	0.08	0.15	0.53		0.76	-0.14	-0.74	0.87	0.15	0.37	0.08	0.47	0.8	0.73	0.16	0.78	0.0	0.71	0.41	0.62	0.75	0.37	0.56	0.22	0.47
Property Plant And Equipment Net	0.75	0.21	0.38	0.57	0.76		0.31	-0.7	0.8	0.08	0.7	0.51	0.24	0.92	0.71	0.25	0.94	0.34	0.72	0.52	0.86	0.61	0.28	0.31	-0.28	0.06
Net Debt	0.29	0.5	0.16	0.01	-0.14	0.31		-0.12	0.06	-0.02	0.54	0.21	0.07	0.15	0.09	0.5	0.13	0.55	0.14	0.45	0.2	0.11	-0.16	-0.05	-0.45	-0.07
Retained Earnings	-0.92	-0.56	-0.49	-0.57	-0.74	-0.7	-0.12		-0.51	-0.6	-0.65	-0.39	-0.62	-0.75	-0.96	-0.57	-0.59	-0.27	-0.96	-0.8	-0.7	-0.82	-0.33	-0.43	0.01	-0.07
Accounts Payable	0.64	-0.16	0.14	0.53	0.87	0.8	0.06	-0.51		-0.21	0.47	0.19	0.23	0.81	0.47	-0.09	0.88	-0.12	0.46	0.19	0.62	0.56	0.35	0.54	-0.02	0.42
Cash	0.52	0.84	0.44	0.3	0.15	0.08	-0.02	-0.6	-0.21		0.19	0.18	0.71	0.11	0.62	0.72	-0.09	0.36	0.62	0.79	0.18	0.6	0.25	-0.02	0.03	-0.09
Non Current Assets Total	0.75	0.35	0.48	0.43	0.37	0.7	0.54	-0.65	0.47	0.19		0.55	0.19	0.65	0.53	0.37	0.59	0.29	0.56	0.54	0.7	0.42	0.2	0.31	-0.51	-0.34
Non Currrent Assets Other	0.32	0.21	0.75	0.48	0.08	0.51	0.21	-0.39	0.19	0.18	0.55		-0.09	0.53	0.36	0.08	0.47	0.14	0.38	0.31	0.67	0.13	0.24	-0.09	-0.38	-0.55
Cash And Short Term Investments	0.71	0.6	0.07	0.24	0.47	0.24	0.07	-0.62	0.23	0.71	0.19	-0.09		0.15	0.57	0.6	0.1	0.29	0.57	0.65	0.17	0.91	0.18	0.03	-0.03	0.54
Net Receivables	0.72	0.18	0.53	0.71	0.8	0.92	0.15	-0.75	0.81	0.11	0.65	0.53	0.15		0.77	0.17	0.93	0.11	0.77	0.51	0.83	0.54	0.44	0.55	-0.05	-0.02
Common Stock Shares Outstanding	0.83	0.59	0.46	0.56	0.73	0.71	0.09	-0.96	0.47	0.62	0.53	0.36	0.57	0.77		0.61	0.6	0.31	1.0	0.82	0.72	0.78	0.32	0.4	0.02	0.07
Non Current Liabilities Total	0.56	0.9	0.15	-0.05	0.16	0.25	0.5	-0.57	-0.09	0.72	0.37	0.08	0.6	0.17	0.61		-0.01	0.56	0.63	0.86	0.25	0.54	-0.22	0.0	-0.07	0.04
Inventory	0.63	-0.02	0.39	0.63	0.78	0.94	0.13	-0.59	0.88	-0.09	0.59	0.47	0.1	0.93	0.6	-0.01		0.15	0.6	0.31	0.82	0.5	0.38	0.47	-0.19	0.07
Other Current Assets	0.3	0.6	0.13	0.05	0.0	0.34	0.55	-0.27	-0.12	0.36	0.29	0.14	0.29	0.11	0.31	0.56	0.15		0.36	0.52	0.19	0.3	-0.07	-0.23	-0.35	-0.07
Other Stockholder Equity	0.83	0.62	0.48	0.56	0.71	0.72	0.14	-0.96	0.46	0.62	0.56	0.38	0.57	0.77	1.0	0.63	0.6	0.36		0.84	0.73	0.77	0.32	0.4	-0.02	0.04
Total Liab	0.78	0.93	0.52	0.47	0.41	0.52	0.45	-0.8	0.19	0.79	0.54	0.31	0.65	0.51	0.82	0.86	0.31	0.52	0.84		0.51	0.73	0.28	0.23	-0.06	0.01
Property Plant And Equipment Gross	0.67	0.23	0.53	0.56	0.62	0.86	0.2	-0.7	0.62	0.18	0.7	0.67	0.17	0.83	0.72	0.25	0.82	0.19	0.73	0.51		0.5	0.27	0.34	-0.32	-0.16
Total Current Assets	0.9	0.54	0.24	0.49	0.75	0.61	0.11	-0.82	0.56	0.6	0.42	0.13	0.91	0.54	0.78	0.54	0.5	0.3	0.77	0.73	0.5		0.32	0.24	-0.08	0.48
Short Term Debt	0.35	0.13	0.58	0.92	0.37	0.28	-0.16	-0.33	0.35	0.25	0.2	0.24	0.18	0.44	0.32	-0.22	0.38	-0.07	0.32	0.28	0.27	0.32		0.39	0.1	-0.02
Intangible Assets	0.39	0.0	0.28	0.47	0.56	0.31	-0.05	-0.43	0.54	-0.02	0.31	-0.09	0.03	0.55	0.4	0.0	0.47	-0.23	0.4	0.23	0.34	0.24	0.39		0.31	0.09
Common Stock Total Equity	-0.15	-0.07	-0.09	-0.01	0.22	-0.28	-0.45	0.01	-0.02	0.03	-0.51	-0.38	-0.03	-0.05	0.02	-0.07	-0.19	-0.35	-0.02	-0.06	-0.32	-0.08	0.1	0.31		0.34
Short Term Investments	0.2	-0.07	-0.49	-0.06	0.47	0.06	-0.07	-0.07	0.42	-0.09	-0.34	-0.55	0.54	-0.02	0.07	0.04	0.07	-0.07	0.04	0.01	-0.16	0.48	-0.02	0.09	0.34

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Viavi Solutions Account Relationship Matchups

Viavi Solutions fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	2.0B	1.8B	1.9B	1.7B	2.3B
Short Long Term Debt Total	603.7M	669.8M	684.9M	725.7M	834.6M	438.2M
Other Current Liab	122.4M	157.9M	161.6M	121.5M	109.4M	105.3M
Total Current Liabilities	232.8M	705M	369.3M	343.5M	395.0M	353.3M
Total Stockholder Equity	711.4M	774.8M	671.7M	690.8M	621.7M	590.6M
Property Plant And Equipment Net	172.5M	196M	228.9M	243M	279.5M	242.9M
Net Debt	64.7M	(28M)	125M	219.2M	252.1M	264.7M
Retained Earnings	(69.4B)	(69.4B)	(69.5B)	(69.6B)	(62.6B)	(65.8B)
Accounts Payable	53M	63.2M	58.3M	47.2M	54.3M	81.4M
Cash	539M	697.8M	559.9M	506.5M	582.5M	379.8M
Non Current Assets Total	862.7M	849.3M	822.8M	905.5M	815.0M	1.4B
Non Currrent Assets Other	54.8M	52.8M	55.9M	56.8M	51.1M	55.5M
Cash And Short Term Investments	540.5M	699.4M	561.3M	521.1M	599.3M	787.4M
Net Receivables	235.5M	256.5M	260.9M	231.2M	265.9M	212.3M
Common Stock Shares Outstanding	233.7M	236.3M	238.2M	226.6M	260.6M	180.5M
Liabilities And Stockholders Equity	1.8B	2.0B	1.8B	1.9B	1.7B	2.3B
Non Current Liabilities Total	832.1M	481.6M	786.9M	816.2M	938.6M	528.1M
Inventory	83.3M	94.9M	110.1M	116.1M	133.5M	123.5M
Other Stockholder Equity	70.3B	70.3B	70.4B	70.4B	81.0B	56.0B
Total Liab	1.1B	1.2B	1.2B	1.2B	1.3B	881.5M
Property Plant And Equipment Gross	213M	196M	228.9M	243M	279.5M	239.3M
Total Current Assets	913.6M	1.1B	1.0B	945M	1.1B	1.2B
Accumulated Other Comprehensive Income	(165.9M)	(97.2M)	(156.4M)	(136M)	(122.4M)	(116.3M)
Short Term Debt	2.8M	414.2M	68.4M	96.2M	110.6M	99.2M
Intangible Assets	148.1M	88M	54.2M	58.6M	52.7M	50.1M
Other Liab	201M	186.9M	226M	170.4M	196.0M	131.7M
Other Assets	121.2M	115.7M	168.8M	152.1M	136.9M	121.0M
Long Term Debt	600.9M	255.6M	616.5M	629.5M	723.9M	480.1M
Property Plant Equipment	213M	196M	228.9M	243M	218.7M	227.0M
Good Will	381.4M	396.5M	387.6M	455.2M	409.7M	482.4M
Current Deferred Revenue	55.3M	54.6M	69.7M	81M	70.7M	68.2M
Net Tangible Assets	181.9M	290.3M	229.9M	632.2M	569.0M	385.8M
Retained Earnings Total Equity	(69.4B)	(69.4B)	(69.5B)	(69.6B)	(62.6B)	(65.8B)
Long Term Debt Total	600.9M	255.6M	616.5M	629.5M	723.9M	614.3M
Capital Surpluse	70.3B	70.3B	70.4B	70.4B	81.0B	77.1B
Non Current Liabilities Other	40.3M	226M	170.4M	186.7M	168.0M	144.1M

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MSFT	Microsoft
V	Visa Class A
DD	Dupont De Nemours

When determining whether Viavi Solutions is a strong investment it is important to analyze Viavi Solutions' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Viavi Solutions' future performance. For an informed investment choice regarding Viavi Stock, refer to the following important reports:

How To Invest In Viavi

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Is Viavi Stock a good investment?

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What is Viavi Solutions' Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viavi Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Viavi Stock please use our How to Invest in Viavi Solutions guide.

Note that the Viavi Solutions information on this page should be used as a complementary analysis to other Viavi Solutions' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Viavi Solutions' price analysis, check to measure Viavi Solutions' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Viavi Solutions is operating at the current time. Most of Viavi Solutions' value examination focuses on studying past and present price action to predict the probability of Viavi Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viavi Solutions' price. Additionally, you may evaluate how the addition of Viavi Solutions to your portfolios can decrease your overall portfolio volatility.

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Is Viavi Solutions' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Viavi Solutions. If investors know Viavi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Viavi Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.73)

Earnings Share

(0.02)

Revenue Per Share

4.551

Quarterly Revenue Growth

0.166

Return On Assets

0.0096

The market value of Viavi Solutions is measured differently than its book value, which is the value of Viavi that is recorded on the company's balance sheet. Investors also form their own opinion of Viavi Solutions' value that differs from its market value or its book value, called intrinsic value, which is Viavi Solutions' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Viavi Solutions' market value can be influenced by many factors that don't directly affect Viavi Solutions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Viavi Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Viavi Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viavi Solutions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Viavi Net Tangible Assets vs Short Term Investments Analysis

Net Tangible Assets vs Short Term Investments

Net Tangible Assets vs Short Term Investments Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Short Term Investments

Viavi Solutions fundamental ratios Correlations

Viavi Solutions Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Viavi Solutions fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 1.0	Common Stock Shares Outstanding
Inventory	+ 0.94	Property Plant And Equipment Net
Total Liab	+ 0.93	Short Long Term Debt Total
Inventory	+ 0.93	Net Receivables
Short Term Debt	+ 0.92	Total Current Liabilities
Net Receivables	+ 0.92	Property Plant And Equipment Net

Other Stockholder Equity	- 0.96	Retained Earnings
Common Stock Shares Outstanding	- 0.96	Retained Earnings
Retained Earnings	- 0.92	Total Assets
Total Current Assets	- 0.82	Retained Earnings
Total Liab	- 0.8	Retained Earnings
Net Receivables	- 0.75	Retained Earnings