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Varex Imaging (VREX) Ratios
Varex Imaging Ratios
VREX's free cash flow for Q3 2026 was $12.00M. For the 2026 fiscal year, VREX's free cash flow was decreased by $-9.00M and operating cash flow was $21.00M. See a summary of the company’s cash flow.
| Ratios | Sep 25 | Sep 24 | Sep 23 | Sep 22 | Sep 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 3.43 | 3.32 | 4.04 | 3.52 | 3.33 |
| Quick Ratio | 1.83 | 1.97 | 2.34 | 1.77 | 1.98 |
| Cash Ratio | 0.77 | 0.86 | 0.94 | 0.52 | 0.87 |
| Solvency Ratio | -0.07 | -0.02 | 0.12 | 0.10 | 0.08 |
| Operating Cash Flow Ratio | 0.22 | 0.24 | 0.67 | 0.10 | 0.56 |
| Short-Term Operating Cash Flow Coverage | 6.62 | 1.02 | 20.07 | 8.05 | 33.07 |
| Net Current Asset Value | $ 21.00M | $ -17.90M | $ -10.30M | $ -27.80M | $ -96.80M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.36 | 0.39 | 0.38 | 0.37 | 0.40 |
| Debt-to-Equity Ratio | 0.85 | 0.88 | 0.83 | 0.82 | 0.95 |
| Debt-to-Capital Ratio | 0.46 | 0.47 | 0.45 | 0.45 | 0.49 |
| Long-Term Debt-to-Capital Ratio | 0.44 | 0.43 | 0.44 | 0.44 | 0.47 |
| Financial Leverage Ratio | 2.34 | 2.27 | 2.20 | 2.22 | 2.37 |
| Debt Service Coverage Ratio | -0.17 | 0.14 | 3.23 | 2.34 | 2.03 |
| Interest Coverage Ratio | -0.78 | 1.03 | 2.63 | 2.15 | 1.71 |
| Debt to Market Cap | 0.75 | 0.91 | 0.59 | 0.49 | 0.39 |
| Interest Debt Per Share | 10.57 | 12.29 | 12.38 | 11.99 | 12.79 |
| Net Debt to EBITDA | 73.40 | 4.80 | 3.35 | 3.03 | 3.01 |
| Profitability Margins | |||||
| Gross Profit Margin | 34.39% | 31.68% | 32.49% | 32.99% | 33.19% |
| EBIT Margin | -2.81% | 3.92% | 6.88% | 9.41% | 8.21% |
| EBITDA Margin | 0.41% | 7.76% | 10.60% | 13.32% | 12.77% |
| Operating Profit Margin | -3.29% | 3.96% | 8.63% | 10.26% | 9.06% |
| Pretax Profit Margin | -7.01% | 0.62% | 3.50% | 5.18% | 3.50% |
| Net Profit Margin | -8.32% | -5.88% | 5.40% | 3.53% | 2.13% |
| Continuous Operations Profit Margin | -8.28% | -5.82% | 5.45% | 3.58% | 2.19% |
| Net Income Per EBT | 118.75% | -954.00% | 153.99% | 68.09% | 60.84% |
| EBT Per EBIT | 212.95% | 15.58% | 40.60% | 50.45% | 38.60% |
| Return on Assets (ROA) | -6.35% | -3.92% | 3.86% | 2.56% | 1.52% |
| Return on Equity (ROE) | -14.88% | -8.91% | 8.49% | 5.68% | 3.60% |
| Return on Capital Employed (ROCE) | -3.02% | 3.14% | 7.09% | 8.72% | 7.55% |
| Return on Invested Capital (ROIC) | -3.00% | -28.28% | 7.06% | 6.00% | 4.68% |
| Return on Tangible Assets | -7.85% | -5.24% | 5.13% | 3.50% | 2.16% |
| Earnings Yield | -14.22% | -9.81% | 6.37% | 3.60% | 1.57% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.37 | 5.14 | 5.44 | 4.96 | 5.27 |
| Payables Turnover | 7.93 | 9.38 | 9.32 | 7.36 | 9.30 |
| Inventory Turnover | 1.85 | 2.09 | 2.17 | 1.90 | 2.43 |
| Fixed Asset Turnover | 4.51 | 4.46 | 5.18 | 5.22 | 4.97 |
| Asset Turnover | 0.76 | 0.67 | 0.71 | 0.73 | 0.71 |
| Working Capital Turnover Ratio | 1.86 | 1.71 | 1.92 | 2.08 | 2.18 |
| Cash Conversion Cycle | 219.20 | 206.47 | 195.91 | 216.21 | 180.14 |
| Days of Sales Outstanding | 68.02 | 70.97 | 67.13 | 73.60 | 69.29 |
| Days of Inventory Outstanding | 197.22 | 174.43 | 167.94 | 192.17 | 150.11 |
| Days of Payables Outstanding | 46.04 | 38.93 | 39.16 | 49.56 | 39.26 |
| Operating Cycle | 265.24 | 245.41 | 235.07 | 265.77 | 219.40 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 1.01 | 1.16 | 2.69 | 0.42 | 2.36 |
| Free Cash Flow Per Share | 0.45 | 0.50 | 2.18 | -0.11 | 1.97 |
| Dividend Paid and CapEx Coverage Ratio | 1.82 | 1.76 | 5.24 | 0.79 | 6.13 |
| Capital Expenditure Coverage Ratio | 1.82 | 1.76 | 5.24 | 0.79 | 6.13 |
| Operating Cash Flow Coverage Ratio | 0.10 | 0.10 | 0.23 | 0.04 | 0.20 |
| Operating Cash Flow to Sales Ratio | 0.05 | 0.06 | 0.12 | 0.02 | 0.11 |
| Free Cash Flow Yield | 3.80% | 4.19% | 11.58% | -0.52% | 6.99% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -7.02 | -10.20 | 15.71 | 27.77 | 63.69 |
| Price-to-Sales (P/S) Ratio | 0.59 | 0.60 | 0.85 | 0.98 | 1.35 |
| Price-to-Book (P/B) Ratio | 1.05 | 0.91 | 1.33 | 1.58 | 2.29 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 26.29 | 23.84 | 8.63 | -191.22 | 14.30 |
| Price-to-Operating Cash Flow Ratio | 11.85 | 10.28 | 6.99 | 49.79 | 11.97 |
| Price-to-Earnings Growth (PEG) Ratio | -0.16 | 0.05 | 0.27 | 0.38 | -0.49 |
| Enterprise Value Multiple | 214.63 | 12.53 | 11.35 | 10.38 | 13.62 |
| Enterprise Value | 751.22M | 788.04M | 1.07B | 1.19B | 1.42B |
| EV to EBITDA | 214.63 | 12.53 | 11.35 | 10.38 | 13.62 |
| EV to Sales | 0.89 | 0.97 | 1.20 | 1.38 | 1.74 |
| EV to Free Cash Flow | 39.96 | 38.63 | 12.25 | -270.08 | 18.36 |
| EV to Operating Cash Flow | 18.01 | 16.66 | 9.91 | 70.32 | 15.37 |
| Tangible Book Value Per Share | 6.62 | 5.93 | 6.70 | 5.74 | 3.91 |
| Shareholders’ Equity Per Share | 11.42 | 13.12 | 14.09 | 13.40 | 12.30 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.18 | 10.44 | -0.56 | 0.31 | 0.37 |
| Revenue Per Share | 20.40 | 19.88 | 22.17 | 21.59 | 20.82 |
| Net Income Per Share | -1.70 | -1.17 | 1.20 | 0.76 | 0.44 |
| Tax Burden | 1.19 | -9.54 | 1.54 | 0.68 | 0.61 |
| Interest Burden | 2.50 | 0.16 | 0.51 | 0.55 | 0.43 |
| Research & Development to Revenue | 0.11 | 0.11 | 0.09 | 0.09 | 0.09 |
| SG&A to Revenue | 0.16 | 0.17 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Income Quality | -0.60 | -1.00 | 2.23 | 0.55 | 5.17 |
Currency in USD