Varex Capital Stock vs Long Term Debt Analysis

VREX Stock

USD 15.01 0.04 0.27%

Varex Imaging financial indicator trend analysis is much more than just breaking down Varex Imaging Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Varex Imaging Corp is a good investment. Please check the relationship between Varex Imaging Capital Stock and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Varex Imaging Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Capital Stock vs Long Term Debt

Capital Stock vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Varex Imaging Corp Capital Stock account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Varex Imaging's Capital Stock and Long Term Debt is -0.3. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Varex Imaging Corp, assuming nothing else is changed. The correlation between historical values of Varex Imaging's Capital Stock and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Varex Imaging Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Capital Stock i.e., Varex Imaging's Capital Stock and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.3

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Long Term Debt

Long-term debt is a debt that Varex Imaging Corp has held for over one year. Long-term debt appears on Varex Imaging Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Varex Imaging Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Varex Imaging's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Varex Imaging Corp 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 Varex Imaging Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Selling General Administrative is likely to drop to about 124.3 M in 2024. Tax Provision is likely to rise to about (14.9 M) in 2024

	2021	2022	2023	2024 (projected)
Total Revenue	859.4M	893.4M	1.0B	816.9M
Interest Expense	39.8M	29.3M	33.7M	20.2M

Total Revenue Interest Expense

Varex Imaging fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets
Common Stock Shares Outstanding		0.64	0.61	0.51	0.8	0.45	-0.12	0.6	0.34	0.39	0.52	0.72	0.51	-0.65	0.72	0.72	0.52	0.52	0.63	0.82	0.54	0.52	-0.94	0.6	0.77	-0.17
Total Assets	0.64		0.96	0.98	0.73	0.96	-0.72	0.99	0.68	0.92	0.93	0.86	0.98	-0.23	0.86	0.81	0.98	0.97	0.97	0.8	0.42	0.98	-0.56	0.99	0.97	0.56
Other Current Liab	0.61	0.96		0.96	0.65	0.94	-0.75	0.93	0.51	0.9	0.86	0.83	0.94	-0.17	0.83	0.8	0.96	0.95	0.9	0.78	0.34	0.96	-0.56	0.93	0.94	0.5
Total Current Liabilities	0.51	0.98	0.96		0.61	0.99	-0.83	0.95	0.65	0.97	0.93	0.78	0.99	-0.13	0.78	0.78	1.0	0.98	0.93	0.73	0.27	0.99	-0.44	0.95	0.91	0.66
Total Stockholder Equity	0.8	0.73	0.65	0.61		0.55	-0.08	0.75	0.64	0.42	0.64	0.75	0.64	-0.49	0.75	0.6	0.63	0.56	0.78	0.78	0.88	0.57	-0.7	0.75	0.81	0.02
Other Liab	0.45	0.96	0.94	0.99	0.55		-0.87	0.94	0.66	0.98	0.9	0.75	0.99	-0.03	0.75	0.72	0.99	0.98	0.91	0.67	0.23	0.98	-0.37	0.94	0.87	0.73
Net Tangible Assets	-0.12	-0.72	-0.75	-0.83	-0.08	-0.87		-0.69	-0.43	-0.91	-0.69	-0.52	-0.81	-0.22	-0.52	-0.54	-0.82	-0.85	-0.61	-0.4	0.23	-0.85	0.09	-0.69	-0.58	-0.83
Property Plant And Equipment Net	0.6	0.99	0.93	0.95	0.75	0.94	-0.69		0.74	0.9	0.92	0.86	0.98	-0.19	0.86	0.75	0.97	0.95	0.97	0.78	0.5	0.96	-0.52	1.0	0.96	0.57
Current Deferred Revenue	0.34	0.68	0.51	0.65	0.64	0.66	-0.43	0.74		0.59	0.57	0.56	0.71	-0.1	0.56	0.45	0.66	0.61	0.69	0.46	0.48	0.62	-0.25	0.74	0.62	0.61
Net Debt	0.39	0.92	0.9	0.97	0.42	0.98	-0.91	0.9	0.59		0.9	0.7	0.96	-0.05	0.7	0.73	0.96	0.98	0.87	0.63	0.08	0.98	-0.34	0.9	0.83	0.76
Accounts Payable	0.52	0.93	0.86	0.93	0.64	0.9	-0.69	0.92	0.57	0.9		0.75	0.92	-0.26	0.75	0.73	0.92	0.91	0.95	0.75	0.36	0.92	-0.44	0.92	0.89	0.53
Cash	0.72	0.86	0.83	0.78	0.75	0.75	-0.52	0.86	0.56	0.7	0.75		0.8	-0.4	1.0	0.75	0.79	0.8	0.8	0.92	0.56	0.8	-0.72	0.86	0.89	0.22
Non Current Assets Total	0.51	0.98	0.94	0.99	0.64	0.99	-0.81	0.98	0.71	0.96	0.92	0.8		-0.09	0.8	0.73	1.0	0.98	0.94	0.72	0.34	0.98	-0.43	0.98	0.91	0.68
Other Assets	-0.65	-0.23	-0.17	-0.13	-0.49	-0.03	-0.22	-0.19	-0.1	-0.05	-0.26	-0.4	-0.09		-0.4	-0.59	-0.1	-0.12	-0.33	-0.63	-0.34	-0.13	0.73	-0.19	-0.39	0.43
Cash And Short Term Investments	0.72	0.86	0.83	0.78	0.75	0.75	-0.52	0.86	0.56	0.7	0.75	1.0	0.8	-0.4		0.75	0.79	0.8	0.8	0.92	0.56	0.8	-0.72	0.86	0.89	0.22
Net Receivables	0.72	0.81	0.8	0.78	0.6	0.72	-0.54	0.75	0.45	0.73	0.73	0.75	0.73	-0.59	0.75		0.75	0.78	0.77	0.79	0.25	0.79	-0.7	0.75	0.86	0.27
Good Will	0.52	0.98	0.96	1.0	0.63	0.99	-0.82	0.97	0.66	0.96	0.92	0.79	1.0	-0.1	0.79	0.75		0.98	0.94	0.73	0.31	0.99	-0.44	0.97	0.92	0.66
Non Current Liabilities Total	0.52	0.97	0.95	0.98	0.56	0.98	-0.85	0.95	0.61	0.98	0.91	0.8	0.98	-0.12	0.8	0.78	0.98		0.91	0.72	0.22	1.0	-0.47	0.95	0.92	0.66
Inventory	0.63	0.97	0.9	0.93	0.78	0.91	-0.61	0.97	0.69	0.87	0.95	0.8	0.94	-0.33	0.8	0.77	0.94	0.91		0.8	0.51	0.92	-0.56	0.97	0.95	0.5
Other Current Assets	0.82	0.8	0.78	0.73	0.78	0.67	-0.4	0.78	0.46	0.63	0.75	0.92	0.72	-0.63	0.92	0.79	0.73	0.72	0.8		0.53	0.72	-0.83	0.78	0.86	0.06
Other Stockholder Equity	0.54	0.42	0.34	0.27	0.88	0.23	0.23	0.5	0.48	0.08	0.36	0.56	0.34	-0.34	0.56	0.25	0.31	0.22	0.51	0.53		0.23	-0.43	0.5	0.52	-0.18
Total Liab	0.52	0.98	0.96	0.99	0.57	0.98	-0.85	0.96	0.62	0.98	0.92	0.8	0.98	-0.13	0.8	0.79	0.99	1.0	0.92	0.72	0.23		-0.46	0.96	0.92	0.66
Long Term Investments	-0.94	-0.56	-0.56	-0.44	-0.7	-0.37	0.09	-0.52	-0.25	-0.34	-0.44	-0.72	-0.43	0.73	-0.72	-0.7	-0.44	-0.47	-0.56	-0.83	-0.43	-0.46		-0.52	-0.71	0.26
Property Plant And Equipment Gross	0.6	0.99	0.93	0.95	0.75	0.94	-0.69	1.0	0.74	0.9	0.92	0.86	0.98	-0.19	0.86	0.75	0.97	0.95	0.97	0.78	0.5	0.96	-0.52		0.96	0.57
Total Current Assets	0.77	0.97	0.94	0.91	0.81	0.87	-0.58	0.96	0.62	0.83	0.89	0.89	0.91	-0.39	0.89	0.86	0.92	0.92	0.95	0.86	0.52	0.92	-0.71	0.96		0.37
Intangible Assets	-0.17	0.56	0.5	0.66	0.02	0.73	-0.83	0.57	0.61	0.76	0.53	0.22	0.68	0.43	0.22	0.27	0.66	0.66	0.5	0.06	-0.18	0.66	0.26	0.57	0.37

Click cells to compare fundamentals

Varex Imaging Account Relationship Matchups

Varex Imaging fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	38.8M	40.3M	41.6M	50.3M	57.8M	44.0M
Total Assets	1.1B	1.1B	1.2B	1.2B	1.4B	1.0B
Other Current Liab	70.5M	89.7M	81.4M	82.6M	95.0M	63.0M
Total Current Liabilities	160.6M	166.6M	173.1M	162.8M	187.2M	150.5M
Total Stockholder Equity	451.7M	483.3M	533.4M	567.7M	652.9M	512.3M
Other Liab	40.2M	36.8M	37.2M	34.3M	39.4M	29.0M
Net Tangible Assets	108.8M	67.8M	91.1M	215.3M	193.8M	156M
Property Plant And Equipment Net	142.3M	172.9M	164.5M	172.6M	198.5M	151.6M
Current Deferred Revenue	8.6M	9.1M	7.4M	10.2M	11.7M	10.4M
Net Debt	383.9M	314.8M	347M	316.9M	364.4M	265.0M
Accounts Payable	72.9M	58.8M	78.2M	64.7M	74.4M	65.4M
Cash	100.6M	144.6M	89.4M	152.6M	175.5M	184.3M
Non Current Assets Total	617.5M	593.3M	574.5M	591.3M	680.0M	521.9M
Other Assets	11M	27.5M	32.7M	(13.2M)	(15.2M)	(14.4M)
Cash And Short Term Investments	100.6M	144.6M	89.4M	152.6M	175.5M	184.3M
Net Receivables	141M	123.8M	155.3M	173.3M	188.1M	158.8M
Good Will	293.1M	292.2M	284.5M	288.5M	331.8M	233.2M
Liabilities And Stockholders Equity	1.1B	1.1B	1.2B	1.2B	1.4B	1.0B
Non Current Liabilities Total	513.1M	484.4M	464.6M	505.8M	581.7M	362.0M
Inventory	271.9M	224.8M	303.2M	277.5M	319.1M	254.0M
Other Current Assets	25.7M	29.5M	44M	64.6M	74.3M	78.0M
Other Stockholder Equity	433.6M	449.4M	469.1M	450.4M	518.0M	466.9M
Total Liab	673.7M	651M	637.7M	668.6M	768.9M	512.5M
Property Plant And Equipment Gross	142.3M	172.9M	164.5M	172.6M	198.5M	151.6M
Total Current Assets	522M	554.2M	609.9M	658.3M	757.0M	515.3M
Intangible Assets	67.5M	50.7M	33.6M	22.4M	25.8M	24.5M
Property Plant Equipment	144.9M	142.3M	172.9M	164.5M	189.2M	148.4M
Non Currrent Assets Other	32.2M	32.6M	43.2M	37.5M	43.1M	45.3M
Short Term Debt	8.6M	9M	6.1M	5.3M	4.8M	9.4M
Non Current Liabilities Other	24.5M	31.8M	33.8M	41.6M	47.8M	50.2M
Short Long Term Debt Total	484.5M	459.4M	436.4M	469.5M	539.9M	490.1M
Noncontrolling Interest In Consolidated Entity	3.3M	14.1M	13.2M	13.3M	15.3M	8.4M
Retained Earnings	16.9M	33.5M	63.8M	118.1M	135.8M	142.6M
Long Term Debt	452.8M	431.7M	412.3M	441.1M	507.3M	460.6M
Retained Earnings Total Equity	74.4M	16.1M	33.5M	63.8M	57.4M	38.0M

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When determining whether Varex Imaging Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Varex Imaging's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Varex Imaging Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Varex Imaging Corp Stock:

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What is Varex Imaging's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Varex Imaging Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Note that the Varex Imaging Corp information on this page should be used as a complementary analysis to other Varex Imaging's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Varex Imaging's price analysis, check to measure Varex Imaging's 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 Varex Imaging is operating at the current time. Most of Varex Imaging's value examination focuses on studying past and present price action to predict the probability of Varex Imaging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Varex Imaging's price. Additionally, you may evaluate how the addition of Varex Imaging to your portfolios can decrease your overall portfolio volatility.

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Is Varex Imaging's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Varex Imaging. If investors know Varex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Varex Imaging listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.70)

Earnings Share

0.92

Revenue Per Share

21.131

Quarterly Revenue Growth

(0.1)

Return On Assets

0.0309

The market value of Varex Imaging Corp is measured differently than its book value, which is the value of Varex that is recorded on the company's balance sheet. Investors also form their own opinion of Varex Imaging's value that differs from its market value or its book value, called intrinsic value, which is Varex Imaging's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Varex Imaging's market value can be influenced by many factors that don't directly affect Varex Imaging's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Varex Imaging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Varex Imaging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Varex Imaging's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Varex Capital Stock vs Long Term Debt Analysis

Capital Stock vs Long Term Debt

Capital Stock vs Long Term Debt Correlation Analysis

Correlation Coefficient

Capital Stock

Long Term Debt

Varex Imaging fundamental ratios Correlations

Varex Imaging Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Varex Imaging fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Good Will	+ 1.0	Total Current Liabilities
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Total Assets

Long Term Investments	- 0.94	Common Stock Shares Outstanding
Net Debt	- 0.91	Net Tangible Assets
Net Tangible Assets	- 0.87	Other Liab
Total Liab	- 0.85	Net Tangible Assets
Non Current Liabilities Total	- 0.85	Net Tangible Assets
Long Term Investments	- 0.83	Other Current Assets