Viavi Total Stockholder Equity vs Long Term Investments Analysis

VIAV Stock  USD 10.14  0.24  2.42%   
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 Total Stockholder Equity and its Long 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 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.

Total Stockholder Equity vs Long Term Investments

Total Stockholder Equity vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viavi Solutions Total Stockholder Equity account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Viavi Solutions' Total Stockholder Equity and Long Term Investments is 0.63. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long 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' Total Stockholder Equity and Long 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 Total Stockholder Equity of Viavi Solutions are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Stockholder Equity i.e., Viavi Solutions' Total Stockholder Equity and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Investments

Long Term Investments is an item on the asset side of Viavi Solutions balance sheet that represents investments Viavi Solutions intends to hold for over a year. Viavi Solutions long term investments may include different instruments such as stocks, bonds, real estate and cash.
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 Profit773.5M638.8M569.6M471.9M
Total Revenue1.3B1.1B1.0B1.1B

Viavi Solutions fundamental ratios Correlations

0.630.420.570.770.770.3-0.930.640.540.750.270.710.740.870.590.660.370.880.830.380.890.280.37-0.160.2
0.630.320.190.170.210.51-0.58-0.060.80.370.110.670.170.580.93-0.040.540.610.930.060.590.10.060.030.09
0.420.320.790.170.350.09-0.490.150.450.470.70.090.520.450.090.360.440.470.510.290.240.640.3-0.11-0.47
0.570.190.790.550.52-0.05-0.540.550.290.410.520.270.680.54-0.080.630.290.540.460.090.50.890.50.11-0.01
0.770.170.170.550.8-0.1-0.720.880.160.410.210.480.830.780.180.83-0.040.750.460.130.770.350.540.160.45
0.770.210.350.520.80.29-0.740.810.050.720.40.230.920.690.230.910.310.70.480.540.570.180.3-0.260.07
0.30.510.09-0.05-0.10.29-0.180.06-0.050.52-0.010.040.130.060.50.070.420.110.420.370.06-0.25-0.05-0.37-0.04
-0.93-0.58-0.49-0.54-0.72-0.74-0.18-0.5-0.59-0.72-0.38-0.6-0.75-0.96-0.59-0.61-0.38-0.97-0.81-0.41-0.8-0.25-0.360.15-0.02
0.64-0.060.150.550.880.810.06-0.5-0.20.460.20.240.820.5-0.080.91-0.140.480.220.220.570.310.530.00.43
0.540.80.450.290.160.05-0.05-0.59-0.20.190.220.720.090.610.71-0.110.470.610.79-0.020.60.280.010.1-0.06
0.750.370.470.410.410.720.52-0.720.460.190.320.170.660.550.380.590.430.580.560.680.40.070.27-0.52-0.34
0.270.110.70.520.210.4-0.01-0.380.20.220.32-0.10.540.410.040.420.360.410.320.090.110.350.090.14-0.4
0.710.670.090.270.480.230.04-0.60.240.720.17-0.10.150.590.60.120.210.580.680.020.910.180.050.020.56
0.740.170.520.680.830.920.13-0.750.820.090.660.540.150.760.150.920.190.760.50.340.530.390.55-0.02-0.01
0.870.580.450.540.780.690.06-0.960.50.610.550.410.590.760.590.580.31.00.820.190.780.320.440.10.11
0.590.930.09-0.080.180.230.5-0.59-0.080.710.380.040.60.150.59-0.060.430.610.850.110.53-0.220.01-0.020.07
0.66-0.040.360.630.830.910.07-0.610.91-0.110.590.420.120.920.58-0.060.080.580.280.350.50.320.51-0.080.12
0.370.540.440.29-0.040.310.42-0.38-0.140.470.430.360.210.190.30.430.080.330.540.260.230.18-0.38-0.22-0.34
0.880.610.470.540.750.70.11-0.970.480.610.580.410.580.761.00.610.580.330.830.240.770.310.430.050.08
0.830.930.510.460.460.480.42-0.810.220.790.560.320.680.50.820.850.280.540.830.150.740.280.280.040.06
0.380.060.290.090.130.540.37-0.410.22-0.020.680.090.020.340.190.110.350.260.240.150.15-0.23-0.18-0.92-0.33
0.890.590.240.50.770.570.06-0.80.570.60.40.110.910.530.780.530.50.230.770.740.150.30.270.010.52
0.280.10.640.890.350.18-0.25-0.250.310.280.070.350.180.390.32-0.220.320.180.310.28-0.230.30.420.350.03
0.370.060.30.50.540.3-0.05-0.360.530.010.270.090.050.550.440.010.51-0.380.430.28-0.180.270.420.370.11
-0.160.03-0.110.110.16-0.26-0.370.150.00.1-0.520.140.02-0.020.1-0.02-0.08-0.220.050.04-0.920.010.350.370.33
0.20.09-0.47-0.010.450.07-0.04-0.020.43-0.06-0.34-0.40.56-0.010.110.070.12-0.340.080.06-0.330.520.030.110.33
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Viavi Solutions Account Relationship Matchups

Viavi Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.0B1.8B1.9B1.7B2.2B
Short Long Term Debt Total603.7M669.8M684.9M725.7M687.2M473.4M
Other Current Liab122.4M188.4M130.4M102.7M115.9M104.5M
Total Current Liabilities232.8M705M369.3M343.5M247.1M350.9M
Total Stockholder Equity711.4M774.8M671.7M690.8M681.6M647.5M
Property Plant And Equipment Net172.5M196M228.9M243M264M244.4M
Net Debt64.7M(28M)125M219.2M215.9M226.7M
Retained Earnings(69.4B)(69.4B)(69.5B)(69.6B)(69.6B)(73.1B)
Accounts Payable53M63.2M58.3M47.2M50.4M80.6M
Cash539M697.8M559.9M506.5M471.3M384M
Non Current Assets Total862.7M849.3M822.8M905.5M859.8M1.4B
Non Currrent Assets Other54.8M52.8M55.9M56.8M22.2M21.1M
Cash And Short Term Investments540.5M699.4M561.3M521.1M491.2M779.9M
Net Receivables235.5M256.5M260.9M231.2M244.9M214.0M
Common Stock Shares Outstanding233.7M236.3M238.2M226.6M222.6M182.5M
Liabilities And Stockholders Equity1.8B2.0B1.8B1.9B1.7B2.2B
Non Current Liabilities Total832.1M481.6M786.9M816.2M807.6M539.0M
Inventory83.3M94.9M110.1M116.1M96.5M123.0M
Other Current Assets8.7M61.3M72.8M76.6M43.9M50.8M
Other Stockholder Equity70.3B70.2B70.4B70.4B70.5B56.7B
Total Liab1.1B1.2B1.2B1.2B1.1B889.9M
Property Plant And Equipment Gross213M196M228.9M243M672.5M706.1M
Total Current Assets913.6M1.1B1.0B945M876.5M1.2B
Accumulated Other Comprehensive Income(165.9M)(97.2M)(156.4M)(136M)(144M)(136.8M)
Short Term Debt2.8M468.3M78.5M106.3M9.8M9.3M
Intangible Assets148.1M88M54.2M58.6M38.2M36.3M
Other Liab201M186.9M226M170.4M196.0M131.7M
Other Assets121.2M115.7M168.8M152.1M136.9M121.0M
Long Term Debt600.9M255.6M616.5M629.5M636M489.2M
Property Plant Equipment213M196M228.9M243M218.7M227.0M
Good Will381.4M396.5M387.6M455.2M452.9M477.1M
Current Deferred Revenue55.3M54.6M69.7M81M65.7M67.4M
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 Other40.3M226M170.4M186.7M16.8M16.0M

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