Viavi Solutions Inc (VIAV)

Debt-to-equity ratio

		Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	780,200	728,800	682,800	702,100	681,600	705,100	728,000	675,200	690,800	682,300	687,800	648,400	671,700	709,900	774,800	858,600	774,800	811,800	801,000	753,800
Debt-to-equity ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

June 30, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $780,200K
= 0.00

The data indicates that Viavi Solutions Inc consistently maintained a debt-to-equity ratio of zero across all reported periods, from September 30, 2020, through June 30, 2025. This constant ratio suggests that the company did not utilize long-term or short-term debt to finance its operations during this timeframe. The absence of debt implies that Viavi Solutions Inc primarily relied on equity financing or internal cash flows rather than external debt sources. Consequently, the company's capital structure appears to be entirely equity-based, potentially indicating a conservative financial approach with an emphasis on debt avoidance. This financial profile could influence the company's risk profile, potentially leading to lower financial leverage and associated interest obligations; however, it may also limit leverage-related growth opportunities. Overall, the sustained zero debt-to-equity ratio reflects a stable and debt-free financial position throughout the observed periods.