Viavi Good Will vs Long Term Debt Analysis

VIAV Stock

USD 10.18 0.08 0.79%

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 Good Will and its Long Term Debt 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 closely tied 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.

Good Will vs Long Term Debt

Good Will vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viavi Solutions Good Will account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Viavi Solutions' Good Will and Long Term Debt is -0.43. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt 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' Good Will and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Viavi Solutions are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Good Will i.e., Viavi Solutions' Good Will and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Debt

Long-term debt is a debt that Viavi Solutions has held for over one year. Long-term debt appears on Viavi Solutions balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Viavi Solutions balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 closely tied 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' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 23.74 in 2024, despite the fact that Discontinued Operations is likely to grow to (2.1 M).

	2021	2022	2023	2024 (projected)
Gross Profit	773.5M	638.8M	569.6M	471.9M
Total Revenue	1.3B	1.1B	1.0B	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		0.63	0.42	0.57	0.77	0.77	0.3	-0.93	0.64	0.54	0.75	0.27	0.71	0.74	0.87	0.59	0.66	0.37	0.88	0.83	0.38	0.89	0.28	0.37	-0.16	0.2
Short Long Term Debt Total	0.63		0.32	0.19	0.17	0.21	0.51	-0.58	-0.06	0.8	0.37	0.11	0.67	0.17	0.58	0.93	-0.04	0.54	0.61	0.93	0.06	0.59	0.1	0.06	0.03	0.09
Other Current Liab	0.42	0.32		0.79	0.17	0.35	0.09	-0.49	0.15	0.45	0.47	0.7	0.09	0.52	0.45	0.09	0.36	0.44	0.47	0.51	0.29	0.24	0.64	0.3	-0.11	-0.47
Total Current Liabilities	0.57	0.19	0.79		0.55	0.52	-0.05	-0.54	0.55	0.29	0.41	0.52	0.27	0.68	0.54	-0.08	0.63	0.29	0.54	0.46	0.09	0.5	0.89	0.5	0.11	-0.01
Total Stockholder Equity	0.77	0.17	0.17	0.55		0.8	-0.1	-0.72	0.88	0.16	0.41	0.21	0.48	0.83	0.78	0.18	0.83	-0.04	0.75	0.46	0.13	0.77	0.35	0.54	0.16	0.45
Property Plant And Equipment Net	0.77	0.21	0.35	0.52	0.8		0.29	-0.74	0.81	0.05	0.72	0.4	0.23	0.92	0.69	0.23	0.91	0.31	0.7	0.48	0.54	0.57	0.18	0.3	-0.26	0.07
Net Debt	0.3	0.51	0.09	-0.05	-0.1	0.29		-0.18	0.06	-0.05	0.52	-0.01	0.04	0.13	0.06	0.5	0.07	0.42	0.11	0.42	0.37	0.06	-0.25	-0.05	-0.37	-0.04
Retained Earnings	-0.93	-0.58	-0.49	-0.54	-0.72	-0.74	-0.18		-0.5	-0.59	-0.72	-0.38	-0.6	-0.75	-0.96	-0.59	-0.61	-0.38	-0.97	-0.81	-0.41	-0.8	-0.25	-0.36	0.15	-0.02
Accounts Payable	0.64	-0.06	0.15	0.55	0.88	0.81	0.06	-0.5		-0.2	0.46	0.2	0.24	0.82	0.5	-0.08	0.91	-0.14	0.48	0.22	0.22	0.57	0.31	0.53	0.0	0.43
Cash	0.54	0.8	0.45	0.29	0.16	0.05	-0.05	-0.59	-0.2		0.19	0.22	0.72	0.09	0.61	0.71	-0.11	0.47	0.61	0.79	-0.02	0.6	0.28	0.01	0.1	-0.06
Non Current Assets Total	0.75	0.37	0.47	0.41	0.41	0.72	0.52	-0.72	0.46	0.19		0.32	0.17	0.66	0.55	0.38	0.59	0.43	0.58	0.56	0.68	0.4	0.07	0.27	-0.52	-0.34
Non Currrent Assets Other	0.27	0.11	0.7	0.52	0.21	0.4	-0.01	-0.38	0.2	0.22	0.32		-0.1	0.54	0.41	0.04	0.42	0.36	0.41	0.32	0.09	0.11	0.35	0.09	0.14	-0.4
Cash And Short Term Investments	0.71	0.67	0.09	0.27	0.48	0.23	0.04	-0.6	0.24	0.72	0.17	-0.1		0.15	0.59	0.6	0.12	0.21	0.58	0.68	0.02	0.91	0.18	0.05	0.02	0.56
Net Receivables	0.74	0.17	0.52	0.68	0.83	0.92	0.13	-0.75	0.82	0.09	0.66	0.54	0.15		0.76	0.15	0.92	0.19	0.76	0.5	0.34	0.53	0.39	0.55	-0.02	-0.01
Common Stock Shares Outstanding	0.87	0.58	0.45	0.54	0.78	0.69	0.06	-0.96	0.5	0.61	0.55	0.41	0.59	0.76		0.59	0.58	0.3	1.0	0.82	0.19	0.78	0.32	0.44	0.1	0.11
Non Current Liabilities Total	0.59	0.93	0.09	-0.08	0.18	0.23	0.5	-0.59	-0.08	0.71	0.38	0.04	0.6	0.15	0.59		-0.06	0.43	0.61	0.85	0.11	0.53	-0.22	0.01	-0.02	0.07
Inventory	0.66	-0.04	0.36	0.63	0.83	0.91	0.07	-0.61	0.91	-0.11	0.59	0.42	0.12	0.92	0.58	-0.06		0.08	0.58	0.28	0.35	0.5	0.32	0.51	-0.08	0.12
Other Current Assets	0.37	0.54	0.44	0.29	-0.04	0.31	0.42	-0.38	-0.14	0.47	0.43	0.36	0.21	0.19	0.3	0.43	0.08		0.33	0.54	0.26	0.23	0.18	-0.38	-0.22	-0.34
Other Stockholder Equity	0.88	0.61	0.47	0.54	0.75	0.7	0.11	-0.97	0.48	0.61	0.58	0.41	0.58	0.76	1.0	0.61	0.58	0.33		0.83	0.24	0.77	0.31	0.43	0.05	0.08
Total Liab	0.83	0.93	0.51	0.46	0.46	0.48	0.42	-0.81	0.22	0.79	0.56	0.32	0.68	0.5	0.82	0.85	0.28	0.54	0.83		0.15	0.74	0.28	0.28	0.04	0.06
Property Plant And Equipment Gross	0.38	0.06	0.29	0.09	0.13	0.54	0.37	-0.41	0.22	-0.02	0.68	0.09	0.02	0.34	0.19	0.11	0.35	0.26	0.24	0.15		0.15	-0.23	-0.18	-0.92	-0.33
Total Current Assets	0.89	0.59	0.24	0.5	0.77	0.57	0.06	-0.8	0.57	0.6	0.4	0.11	0.91	0.53	0.78	0.53	0.5	0.23	0.77	0.74	0.15		0.3	0.27	0.01	0.52
Short Term Debt	0.28	0.1	0.64	0.89	0.35	0.18	-0.25	-0.25	0.31	0.28	0.07	0.35	0.18	0.39	0.32	-0.22	0.32	0.18	0.31	0.28	-0.23	0.3		0.42	0.35	0.03
Intangible Assets	0.37	0.06	0.3	0.5	0.54	0.3	-0.05	-0.36	0.53	0.01	0.27	0.09	0.05	0.55	0.44	0.01	0.51	-0.38	0.43	0.28	-0.18	0.27	0.42		0.37	0.11
Common Stock Total Equity	-0.16	0.03	-0.11	0.11	0.16	-0.26	-0.37	0.15	0.0	0.1	-0.52	0.14	0.02	-0.02	0.1	-0.02	-0.08	-0.22	0.05	0.04	-0.92	0.01	0.35	0.37		0.33
Short Term Investments	0.2	0.09	-0.47	-0.01	0.45	0.07	-0.04	-0.02	0.43	-0.06	-0.34	-0.4	0.56	-0.01	0.11	0.07	0.12	-0.34	0.08	0.06	-0.33	0.52	0.03	0.11	0.33

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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	2.2B
Short Long Term Debt Total	603.7M	669.8M	684.9M	725.7M	687.2M	473.4M
Other Current Liab	122.4M	188.4M	130.4M	102.7M	115.9M	104.5M
Total Current Liabilities	232.8M	705M	369.3M	343.5M	247.1M	350.9M
Total Stockholder Equity	711.4M	774.8M	671.7M	690.8M	681.6M	647.5M
Property Plant And Equipment Net	172.5M	196M	228.9M	243M	264M	244.4M
Net Debt	64.7M	(28M)	125M	219.2M	215.9M	226.7M
Retained Earnings	(69.4B)	(69.4B)	(69.5B)	(69.6B)	(69.6B)	(73.1B)
Accounts Payable	53M	63.2M	58.3M	47.2M	50.4M	80.6M
Cash	539M	697.8M	559.9M	506.5M	471.3M	384M
Non Current Assets Total	862.7M	849.3M	822.8M	905.5M	859.8M	1.4B
Non Currrent Assets Other	54.8M	52.8M	55.9M	56.8M	22.2M	21.1M
Cash And Short Term Investments	540.5M	699.4M	561.3M	521.1M	491.2M	779.9M
Net Receivables	235.5M	256.5M	260.9M	231.2M	244.9M	214.0M
Common Stock Shares Outstanding	233.7M	236.3M	238.2M	226.6M	222.6M	182.5M
Liabilities And Stockholders Equity	1.8B	2.0B	1.8B	1.9B	1.7B	2.2B
Non Current Liabilities Total	832.1M	481.6M	786.9M	816.2M	807.6M	539.0M
Inventory	83.3M	94.9M	110.1M	116.1M	96.5M	123.0M
Other Current Assets	8.7M	61.3M	72.8M	76.6M	43.9M	50.8M
Other Stockholder Equity	70.3B	70.2B	70.4B	70.4B	70.5B	56.7B
Total Liab	1.1B	1.2B	1.2B	1.2B	1.1B	889.9M
Property Plant And Equipment Gross	213M	196M	228.9M	243M	672.5M	706.1M
Total Current Assets	913.6M	1.1B	1.0B	945M	876.5M	1.2B
Accumulated Other Comprehensive Income	(165.9M)	(97.2M)	(156.4M)	(136M)	(144M)	(136.8M)
Short Term Debt	2.8M	468.3M	78.5M	106.3M	9.8M	9.3M
Intangible Assets	148.1M	88M	54.2M	58.6M	38.2M	36.3M
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	636M	489.2M
Property Plant Equipment	213M	196M	228.9M	243M	218.7M	227.0M
Good Will	381.4M	396.5M	387.6M	455.2M	452.9M	477.1M
Current Deferred Revenue	55.3M	54.6M	69.7M	81M	65.7M	67.4M
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	16.8M	16.0M

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