Viavi Return On Tangible Assets from 2010 to 2024

VIAV Stock  USD 9.94  0.06  0.61%   
Viavi Solutions Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -0.03 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(0.02)
Current Value
(0.03)
Quarterly Volatility
0.04336726
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Viavi Solutions financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Viavi Solutions' main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.8 M, Interest Expense of 19.3 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 2.64, Dividend Yield of 1.0E-4 or PTB Ratio of 3.23. Viavi financial statements analysis is a perfect complement when working with Viavi Solutions Valuation or Volatility modules.
  
Check out the analysis of Viavi Solutions Correlation against competitors.
For more information on how to buy Viavi Stock please use our How to Invest in Viavi Solutions guide.

Latest Viavi Solutions' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Viavi Solutions over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Viavi Solutions' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Viavi Solutions' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Viavi Return On Tangible Assets Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.04
Coefficient Of Variation97.37
Mean Deviation0.04
Median0.02
Standard Deviation0.04
Sample Variance0
Range0.1183
R-Value(0.91)
Mean Square Error0.0003
R-Squared0.84
Slope(0.01)
Total Sum of Squares0.03

Viavi Return On Tangible Assets History

2024 -0.0317
2023 -0.0207
2017 0.0191

About Viavi Solutions Financial Statements

Viavi Solutions investors use historical fundamental indicators, such as Viavi Solutions' Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Viavi Solutions. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.02)(0.03)

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Additional Tools for Viavi Stock Analysis

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.