Viavi Solutions Inc (VIAV)

Financial leverage ratio

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Total assets	US$ in thousands	1,993,800	1,736,300	1,850,500	1,827,900	1,961,400
Total stockholders’ equity	US$ in thousands	780,200	681,600	690,800	671,700	763,900
Financial leverage ratio		2.56	2.55	2.68	2.72	2.57

June 30, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,993,800K ÷ $780,200K
= 2.56

The financial leverage ratio of Viavi Solutions Inc., based on the provided data, demonstrates a relatively stable pattern over the four-year period. As of June 30, 2021, the ratio stood at 2.57, indicating that the company had approximately $2.57 in debt for every dollar of equity. This ratio increased slightly to 2.72 by June 30, 2022, suggesting a modest escalation in leverage and a higher reliance on debt financing relative to equity. By June 30, 2023, the ratio decreased slightly to 2.68, indicating a stabilization but still maintaining a level above the 2021 figure. The subsequent years show a gradual decline to 2.55 in 2024 and a marginal increase back to 2.56 in 2025, suggesting a slight reduction in leverage overall. This relatively consistent leverage ratio indicates that the company's debt levels have not experienced significant fluctuations and have remained within a moderate range, reflecting a balance between debt and equity financing over the observed period.