Viavi Solutions Inc.

Viavi Solutions Inc.verified

VIAV

Price:

$8.325

Market Cap:

$1.85B

Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, original equipment manufacturers, government, and avionics customers worldwide. The company operates through three segments: Network Enablement (NE), Service Enablement (SE), and Optical Security and Performance Products (OSP) segments. The NE segment offers testing solutions that access the network to perform build-out and maintenance tasks. This segment provides solutions that include instruments, software, and services to design, build, activate, certify, troubleshoot, and optimize networks; and instrumentation for communication...[Read more]

Industry

Communication Equipment

IPO Date

1993-11-17

Stock Exchange

NASDAQ

Ticker

VIAV

The Current Ratio as of September 2024 (TTM) for Viavi Solutions Inc. (VIAV) is 3.55

According to Viavi Solutions Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.55. This represents a change of 5.92% compared to the average of 3.35 of the last 4 quarters.

Viavi Solutions Inc. (VIAV) Historical Current Ratio (quarterly & annually)

How has VIAV Current Ratio performed in the past?

The mean historical Current Ratio of Viavi Solutions Inc. over the last ten years is 3.61. The current 3.55 Current Ratio has changed 9.72% with respect to the historical average. Over the past ten years (40 quarters), VIAV's Current Ratio was at its highest in in the July 2017 quarter at 7.29. The Current Ratio was at its lowest in in the March 2018 quarter at 1.58.

Quarterly (TTM)
Annual

Average

3.61

Median

3.39

Minimum

1.58

Maximum

7.29

Viavi Solutions Inc. (VIAV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Viavi Solutions Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 72.53%

Maximum Annual Current Ratio = 7.29

Minimum Annual Increase = -71.81%

Minimum Annual Current Ratio = 1.58

Quarterly (TTM)
Annual
YearCurrent RatioChange
20243.5528.94%
20232.751.08%
20222.7272.53%
20211.58-59.80%
20203.9221.57%
20193.2357.18%
20182.05-71.81%
20177.2936.13%
20165.3544.90%
20153.698.05%

Viavi Solutions Inc. (VIAV) Average Current Ratio

How has VIAV Current Ratio performed in the past?

The current Current Ratio of Viavi Solutions Inc. (VIAV) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

3.01

5-year avg

2.90

10-year avg

3.61

Viavi Solutions Inc. (VIAV) Current Ratio vs. Peers

How is VIAV’s Current Ratio compared to its peers?

Viavi Solutions Inc.’s Current Ratio is less than Ciena Corporation (4.04), greater than Infinera Corporation (1.57), greater than Applied Optoelectronics, Inc. (1.64), greater than Juniper Networks, Inc. (1.69), greater than Knowles Corporation (2.36), greater than Extreme Networks, Inc. (0.90), less than KVH Industries, Inc. (4.72), greater than Comtech Telecommunications Corp. (1.78), greater than EchoStar Corporation (0.40), greater than Mynaric AG (0.74), greater than Ituran Location and Control Ltd. (2.04), greater than Aviat Networks, Inc. (2.12), less than Telesat Corporation (6.13), less than Silicom Ltd. (9.74), greater than TESSCO Technologies Incorporated (1.98),

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