Varex Imaging Corporation Financial Ratios — VI4 Stock

Profitability (USD)

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Return on Common Equity (%)	- -	- -	18.96	13.56	11.4	6.83	3.56	-12.92	3.72	5.96	8.61	-8.9	-14.04
Return on Assets (%)	- -	- -	15.74	11.36	6.21	2.71	1.53	-5.32	1.52	2.6	3.89	-3.96	-6.06
Return on Capital (%)	- -	- -	18.71	13.42	8.47	- -	3.65	- -	4.31	5.67	- -	-29.86	- -
Return on Invested Capital (%)	- -	- -	18.87	13.88	8.18	- -	3.97	- -	4.83	6.24	- -	-29.76	- -
Gross Margin (%)	40.03	40.66	39.63	40.06	36.31	32.83	32.88	25.76	33.19	32.99	32.49	31.68	34.39
EBITDA Margin (%)	26.71	27.16	22.11	20.06	15.91	11.21	10.88	0.79	13.62	14.17	12.35	7.79	-0.07
Operating Margin (%)	25.2	25.69	20.16	17.59	11.99	6.14	6.47	-4.19	9.06	10.26	8.63	3.96	7.83
Incremental Operating Margin (%)	- -	46.75	91.68	150.82	- -	- -	41.67	192.43	131.58	34.14	- -	54.61	101.19
Pretax Margin (%)	25.57	25.42	20.18	16.93	10.71	3.32	2.75	-9.83	3.5	5.18	3.5	0.62	-7.01
Profit Margin (%)	16.36	16.07	12.65	11.05	7.39	3.56	1.99	-7.84	2.13	3.53	5.31	-6.02	-8.32
Net Income to Common Margin (%)	16.36	16.07	12.65	11.05	7.39	3.56	1.99	-7.84	2.13	3.53	5.31	-6.02	-8.32
Effective Tax Rate (%)	36.02	36.8	36.68	34.29	30.48	- -	26.51	- -	37.41	30.79	- -	1,066	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	18.96	13.56	11.4	6.83	3.56	-12.92	3.72	5.96	8.61	-8.9	-14.04

Credit (USD)

Credit Ratios API ChatGPT

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Total Debt	- -	- -	- -	- -	484	390	395	485	459	436	470	470	396
ST Debt	- -	- -	- -	- -	20	25	31	9	9	6	5	50	6
LT Debt	- -	- -	- -	- -	464	365	364	476	450	430	464	420	390
Total Debt/EBITDA	- -	- -	- -	- -	4.36	4.5	4.65	83.53	4.12	3.58	4.26	7.44	-659.83
Net Debt/EBITDA	- -	- -	-0.15	-0.29	3.61	3.9	4.3	61.16	2.6	2.67	2.63	4.35	-370.83
Total Debt/EBIT	- -	- -	- -	- -	5.78	8.76	8.65	-14.38	6.2	4.95	6.09	14.65	-14.24
Net Debt/EBIT	- -	- -	-0.16	-0.33	4.79	7.59	7.99	-10.53	3.91	3.68	3.76	8.56	-8
EBITDA to Interest Expense	447.25	206.78	116.5	65.47	9.03	4	4.02	0.24	2.89	3.35	4.13	2.36	-0.02
EBITDA-CapEx/Interest Expense	426.5	181	87.92	50.26	7.39	3.06	3.09	-0.73	2.49	2.76	3.36	1.35	-0.72
EBIT to Interest Expense	422	195.56	106.25	57.42	6.8	2.19	2.39	-1.27	1.92	2.42	2.89	1.2	2.02
Interest Expense	- -	1	1	2	12	22	21	24	39	36	27	27	33
Common Equity/Total Assets	- -	82.96	83.04	84.51	36.44	43.14	42.82	39.64	42.12	45.04	45.43	43.6	42.68
Long-Term Debt/Equity (%)	- -	- -	- -	- -	118.89	83.02	79.44	102.17	90.72	78.71	79.9	77.34	80.15
Long-Term Debt/Capital (%)	- -	- -	- -	- -	53.07	43.99	42.68	50.08	47.12	43.77	44.19	41.45	44.19
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	44.6	36.93	35.08	41.76	39.25	36.33	37.15	34.62	35.22
Total Debt/Equity (%)	- -	- -	- -	- -	124.01	88.71	86.13	104.01	92.53	79.82	80.81	86.6	81.36
Total Debt/Capital (%)	- -	- -	- -	- -	55.36	47.01	46.28	50.98	48.06	44.39	44.69	46.41	44.86
Total Debt/Total Assets (%)	- -	- -	- -	- -	46.52	39.46	38.03	42.52	40.03	36.85	37.57	38.76	35.75
Net Debt to Equity	- -	-0.14	-4.16	-6.81	102.67	76.9	79.62	76.15	58.39	59.45	49.91	50.57	45.73
Net Debt/Capital (%)	- -	-0.14	-4.34	-7.3	50.66	43.47	44.33	41.74	35.73	36.37	32.3	32.51	30.17
EBITDA	179	186	140	124	111	87	85	6	111	122	110	63	-1
EBITDA-CapEx	171	163	106	96	91	66	65	-18	96	101	90	36	-23
Operating Income (Loss)	169	176	128	109	84	48	51	-31	74	88	77	32	66

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Cash Ratio	- -	0.01	0.26	0.47	0.55	0.34	0.17	0.63	0.87	0.52	1.19	1.02	0.83
Current Ratio	- -	3.93	4.02	4.63	3.26	3.01	2.5	3.25	3.33	3.52	4.04	3.32	3.43
Quick Ratio	- -	1.88	1.76	2.04	1.63	1.35	0.98	1.4	1.8	1.52	2.2	1.83	1.67
CFO/Avg Current Liab	- -	- -	1.16	0.95	0.66	0.56	0.44	0.08	0.57	0.1	0.65	0.26	0.22
Common Equity/Total Assets	- -	82.96	83.04	84.51	36.44	43.14	42.82	39.64	42.12	45.04	45.43	43.6	42.68
Long-Term Debt/Equity (%)	- -	- -	- -	- -	118.89	83.02	79.44	102.17	90.72	78.71	79.9	77.34	80.15
Long-Term Debt/Capital (%)	- -	- -	- -	- -	53.07	43.99	42.68	50.08	47.12	43.77	44.19	41.45	44.19
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	44.6	36.93	35.08	41.76	39.25	36.33	37.15	34.62	35.22
Total Debt/Equity (%)	- -	- -	- -	- -	124.01	88.71	86.13	104.01	92.53	79.82	80.81	86.6	81.36
Total Debt/Capital (%)	- -	- -	- -	- -	55.36	47.01	46.28	50.98	48.06	44.39	44.69	46.41	44.86
Total Debt/Total Assets (%)	- -	- -	- -	- -	46.52	39.46	38.03	42.52	40.03	36.85	37.57	38.76	35.75
CFO/Total Liabilities	- -	160.7	96.82	86.18	11.57	15.55	12.39	1.96	14.22	2.65	16.21	7.06	6.72
CFO/CapEx	10.99	5.11	2.48	2.57	3.72	4.18	3.63	0.56	6.13	0.79	5.24	1.76	1.82
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.15	2.28

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Accounts Receivable Turnover	- -	- -	5.13	5.17	4.89	4.87	5.29	5.58	5.86	5.23	5.3	5.05	5.37
Days Sales Outstanding	- -	- -	71.15	70.63	74.71	74.94	68.97	65.46	62.26	69.78	68.82	72.3	67.91
Inventory Turnover	- -	- -	2.43	2	2.06	2.21	2.17	2.11	2.2	2.18	2.08	2.04	1.96
Days Inventory Outstanding	- -	- -	150.37	182.79	177.29	164.97	168.36	173.18	165.84	167.32	175.72	178.61	185.83
Accounts Payable Turnover	- -	- -	9.11	8.61	9.56	8.31	8.63	8.72	7.59	9.55	8.08	8.75	9.13
Accounts Payable Turnover Days	- -	- -	40.04	42.41	38.19	43.93	42.31	41.84	48.12	38.21	45.17	41.73	39.99
Cash Conversion Cycle	- -	- -	181.47	211.02	213.81	195.98	195.01	196.79	179.98	198.89	199.38	209.18	213.75
Inventory to Cash Days	- -	- -	-79.22	-112.16	-102.57	-90.03	-99.39	-107.72	-103.58	-97.54	-106.9	-106.31	-117.91
Inventories	- -	140	175	197	235	235	248	272	225	303	278	265	299
Raw Materials	- -	107	121	141	165	150	160	185	168	240	218	215	228
Work In Process	- -	7	21	16	20	25	28	24	20	23	20	16	31
Finished Goods	- -	26	33	40	50	60	60	63	36	40	40	34	40
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	490	514
- Cash & Cash Equivalents	- -	1	21	37	83	52	30	101	145	89	153	169	145
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	11	10	11	13	14	14	13	13	13	14	14
+ Total Debt	- -	- -	- -	- -	484	390	395	485	459	436	470	470	396
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	774	769
Total Capital	- -	359	496	536	874	829	854	950	956	983	1,051	1,014	883
Total Debt/Capital (%)	- -	- -	- -	- -	55.36	47.01	46.28	50.98	48.06	44.39	44.69	46.41	44.86
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.61	0.52
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.95	0.91
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.24	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	24.1	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	486	510
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	770	765
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	18.83	18.44
TTM Sales	670	685	632	620	698	773	781	738	818	859	893	811	845
TTM EBITDA	179	186	140	124	111	87	85	6	111	122	110	63	-1
TTM Operating Income	169	176	128	109	84	48	51	-31	74	88	77	32	66
TTM Cash Flow to Firm	91	119	86	75	84	- -	87	- -	117	42	- -	-212	- -
TTM Free Cash Flow to Firm	83	96	52	47	64	- -	68	- -	102	21	- -	-238	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	23.83	27.14
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	24.1	- -
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	774	769
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10.08	6.81
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.95	0.91
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.24	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.93	1.09
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.27	1
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.68	1.49
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.78	0.6
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.21	1.97
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.02	1.81
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	2.71
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.87	1.09
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.6	0.6
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.82	0.55
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.09	0.83
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.51	0.33
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10.28	12.24
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.07	11.22
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	18.66	16.81
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.7	6.76
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	32.63	24.9
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	43.26	37.28
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	20.17	14.99
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.18	0.86
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.45	1.14
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.86	0.64
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	15.1	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	18.56	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.05	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	29.73	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	36.54	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21.76	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.92	12.32
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21.63	16.93
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	954	726
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,173	961
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	698	539

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Shares Outstanding	38	37	37	37	38	38	38	39	39	40	41	41	42
Diluted Weighted Avg Shares	38	38	38	38	38	38	39	39	40	42	50	41	41
Basic Weighted Avg Shares	38	38	38	38	38	38	38	39	39	40	40	41	41
Revenue per Share	17.53	17.94	16.55	16.23	18.57	20.41	20.43	19.03	20.82	21.59	22.17	19.88	20.4
EBITDA per Share	4.68	4.87	3.66	3.26	2.95	2.29	2.22	0.15	2.83	3.06	2.74	1.55	-0.01
Operating Income per Share	4.42	4.61	3.34	2.86	2.23	1.25	1.32	-0.8	1.89	2.22	1.91	0.79	1.6
Basic EPS, GAAP	2.87	2.88	2.09	1.79	1.37	0.73	0.41	-1.49	0.44	0.76	1.18	-1.2	-1.7
Basic EPS from Cont Ops	2.87	2.88	2.12	1.81	1.38	0.75	0.41	-1.48	0.46	0.77	1.19	-1.18	-1.69
Diluted EPS, GAAP	2.85	2.87	2.08	1.78	1.36	0.72	0.4	-1.49	0.43	0.73	0.94	-1.2	-1.7
Diluted EPS from Cont Ops	2.85	2.87	2.1	1.8	1.37	0.74	0.41	-1.48	0.44	0.74	0.95	-1.18	-1.69
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	2.39	3.1	2.23	1.94	2	2.25	1.88	0.34	2.36	0.42	2.69	1.16	1.01
Free Cash Flow per Basic Share	2.17	2.5	1.33	1.19	1.46	1.71	1.36	-0.27	1.97	-0.11	2.18	0.5	0.45
Cash & Equivalents per Share	- -	0.01	0.55	0.98	2.21	1.36	0.78	2.58	3.67	2.23	4.78	4.88	3.72
Book Value per Share	- -	9.61	12.96	14.06	10.07	11.21	11.59	11.56	12.26	13.31	14.01	12.88	11.34
Tangible Book Value per Share	- -	8.52	10.32	11.51	1.22	2.86	1.77	2.33	3.56	5.37	6.34	5.4	6.24