Viavi Short Term Debt vs Short Term Investments Analysis

VIAV Stock  USD 8.01  0.04  0.50%   
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 Short Term Debt 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.

Short Term Debt vs Short Term Investments

Short Term Debt 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 Short Term Debt account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Viavi Solutions' Short Term Debt and Short Term Investments is -0.02. Overlapping area represents the amount of variation of Short Term Debt 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' Short Term Debt 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 Short Term Debt 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 Short Term Debt i.e., Viavi Solutions' Short Term Debt and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

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 Profit773.5M638.8M734.6M467.0M
Total Revenue1.3B1.1B1.3B1.1B

Viavi Solutions fundamental ratios Correlations

0.550.420.570.750.750.29-0.920.640.520.750.320.710.720.830.560.630.30.830.780.670.90.350.39-0.150.2
0.550.440.250.080.210.5-0.56-0.160.840.350.210.60.180.590.9-0.020.60.620.930.230.540.130.0-0.07-0.07
0.420.440.760.150.380.16-0.490.140.440.480.750.070.530.460.150.390.130.480.520.530.240.580.28-0.09-0.49
0.570.250.760.530.570.01-0.570.530.30.430.480.240.710.56-0.050.630.050.560.470.560.490.920.47-0.01-0.06
0.750.080.150.530.76-0.14-0.740.870.150.370.080.470.80.730.160.780.00.710.410.620.750.370.560.220.47
0.750.210.380.570.760.31-0.70.80.080.70.510.240.920.710.250.940.340.720.520.860.610.280.31-0.280.06
0.290.50.160.01-0.140.31-0.120.06-0.020.540.210.070.150.090.50.130.550.140.450.20.11-0.16-0.05-0.45-0.07
-0.92-0.56-0.49-0.57-0.74-0.7-0.12-0.51-0.6-0.65-0.39-0.62-0.75-0.96-0.57-0.59-0.27-0.96-0.8-0.7-0.82-0.33-0.430.01-0.07
0.64-0.160.140.530.870.80.06-0.51-0.210.470.190.230.810.47-0.090.88-0.120.460.190.620.560.350.54-0.020.42
0.520.840.440.30.150.08-0.02-0.6-0.210.190.180.710.110.620.72-0.090.360.620.790.180.60.25-0.020.03-0.09
0.750.350.480.430.370.70.54-0.650.470.190.550.190.650.530.370.590.290.560.540.70.420.20.31-0.51-0.34
0.320.210.750.480.080.510.21-0.390.190.180.55-0.090.530.360.080.470.140.380.310.670.130.24-0.09-0.38-0.55
0.710.60.070.240.470.240.07-0.620.230.710.19-0.090.150.570.60.10.290.570.650.170.910.180.03-0.030.54
0.720.180.530.710.80.920.15-0.750.810.110.650.530.150.770.170.930.110.770.510.830.540.440.55-0.05-0.02
0.830.590.460.560.730.710.09-0.960.470.620.530.360.570.770.610.60.311.00.820.720.780.320.40.020.07
0.560.90.15-0.050.160.250.5-0.57-0.090.720.370.080.60.170.61-0.010.560.630.860.250.54-0.220.0-0.070.04
0.63-0.020.390.630.780.940.13-0.590.88-0.090.590.470.10.930.6-0.010.150.60.310.820.50.380.47-0.190.07
0.30.60.130.050.00.340.55-0.27-0.120.360.290.140.290.110.310.560.150.360.520.190.3-0.07-0.23-0.35-0.07
0.830.620.480.560.710.720.14-0.960.460.620.560.380.570.771.00.630.60.360.840.730.770.320.4-0.020.04
0.780.930.520.470.410.520.45-0.80.190.790.540.310.650.510.820.860.310.520.840.510.730.280.23-0.060.01
0.670.230.530.560.620.860.2-0.70.620.180.70.670.170.830.720.250.820.190.730.510.50.270.34-0.32-0.16
0.90.540.240.490.750.610.11-0.820.560.60.420.130.910.540.780.540.50.30.770.730.50.320.24-0.080.48
0.350.130.580.920.370.28-0.16-0.330.350.250.20.240.180.440.32-0.220.38-0.070.320.280.270.320.390.1-0.02
0.390.00.280.470.560.31-0.05-0.430.54-0.020.31-0.090.030.550.40.00.47-0.230.40.230.340.240.390.310.09
-0.15-0.07-0.09-0.010.22-0.28-0.450.01-0.020.03-0.51-0.38-0.03-0.050.02-0.07-0.19-0.35-0.02-0.06-0.32-0.080.10.310.34
0.2-0.07-0.49-0.060.470.06-0.07-0.070.42-0.09-0.34-0.550.54-0.020.070.040.07-0.070.040.01-0.160.48-0.020.090.34
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Viavi Solutions Account Relationship Matchups

Viavi Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.0B1.8B1.9B1.7B2.3B
Short Long Term Debt Total603.7M669.8M684.9M725.7M834.6M438.2M
Other Current Liab122.4M157.9M161.6M121.5M109.4M105.3M
Total Current Liabilities232.8M705M369.3M343.5M395.0M353.3M
Total Stockholder Equity711.4M774.8M671.7M690.8M621.7M590.6M
Property Plant And Equipment Net172.5M196M228.9M243M279.5M242.9M
Net Debt64.7M(28M)125M219.2M252.1M264.7M
Retained Earnings(69.4B)(69.4B)(69.5B)(69.6B)(62.6B)(65.8B)
Accounts Payable53M63.2M58.3M47.2M54.3M81.4M
Cash539M697.8M559.9M506.5M582.5M379.8M
Non Current Assets Total862.7M849.3M822.8M905.5M815.0M1.4B
Non Currrent Assets Other54.8M52.8M55.9M56.8M51.1M55.5M
Cash And Short Term Investments540.5M699.4M561.3M521.1M599.3M787.4M
Net Receivables235.5M256.5M260.9M231.2M265.9M212.3M
Common Stock Shares Outstanding233.7M236.3M238.2M226.6M260.6M180.5M
Liabilities And Stockholders Equity1.8B2.0B1.8B1.9B1.7B2.3B
Non Current Liabilities Total832.1M481.6M786.9M816.2M938.6M528.1M
Inventory83.3M94.9M110.1M116.1M133.5M123.5M
Other Stockholder Equity70.3B70.3B70.4B70.4B81.0B56.0B
Total Liab1.1B1.2B1.2B1.2B1.3B881.5M
Property Plant And Equipment Gross213M196M228.9M243M279.5M239.3M
Total Current Assets913.6M1.1B1.0B945M1.1B1.2B
Accumulated Other Comprehensive Income(165.9M)(97.2M)(156.4M)(136M)(122.4M)(116.3M)
Short Term Debt2.8M414.2M68.4M96.2M110.6M99.2M
Intangible Assets148.1M88M54.2M58.6M52.7M50.1M
Other Liab201M186.9M226M170.4M196.0M131.7M
Other Assets121.2M115.7M168.8M152.1M136.9M121.0M
Long Term Debt600.9M255.6M616.5M629.5M723.9M480.1M
Property Plant Equipment213M196M228.9M243M218.7M227.0M
Good Will381.4M396.5M387.6M455.2M409.7M482.4M
Current Deferred Revenue55.3M54.6M69.7M81M70.7M68.2M
Net Tangible Assets181.9M290.3M229.9M632.2M569.0M385.8M
Retained Earnings Total Equity(69.4B)(69.4B)(69.5B)(69.6B)(62.6B)(65.8B)
Long Term Debt Total600.9M255.6M616.5M629.5M723.9M614.3M
Capital Surpluse70.3B70.3B70.4B70.4B81.0B77.1B
Non Current Liabilities Other40.3M226M170.4M186.7M168.0M144.1M

Viavi Solutions Investors Sentiment

The influence of Viavi Solutions' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Viavi. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Viavi Solutions' public news can be used to forecast risks associated with an investment in Viavi. The trend in average sentiment can be used to explain how an investor holding Viavi can time the market purely based on public headlines and social activities around Viavi Solutions. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Viavi Solutions' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Viavi Solutions' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Viavi Solutions' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Viavi Solutions.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Viavi Solutions in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Viavi Solutions' short interest history, or implied volatility extrapolated from Viavi Solutions options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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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
4.553
Quarterly Revenue Growth
0.166
Return On Assets
0.0133
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.