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Varex Imaging (FRA:VI4) Debt-to-EBITDA : 14.10 (As of Dec. 2024)


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What is Varex Imaging Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Varex Imaging's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €4.9 Mil. Varex Imaging's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €560.6 Mil. Varex Imaging's annualized EBITDA for the quarter that ended in Dec. 2024 was €40.1 Mil. Varex Imaging's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 14.10.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Varex Imaging's Debt-to-EBITDA or its related term are showing as below:

FRA:VI4' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -55.69   Med: 4.37   Max: 15.18
Current: 15.18

During the past 12 years, the highest Debt-to-EBITDA Ratio of Varex Imaging was 15.18. The lowest was -55.69. And the median was 4.37.

FRA:VI4's Debt-to-EBITDA is ranked worse than
96.73% of 428 companies
in the Medical Devices & Instruments industry
Industry Median: 1.395 vs FRA:VI4: 15.18

Varex Imaging Debt-to-EBITDA Historical Data

The historical data trend for Varex Imaging's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Varex Imaging Debt-to-EBITDA Chart

Varex Imaging Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -55.69 4.40 3.81 5.15 13.36

Varex Imaging Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.99 11.53 14.32 11.64 14.10

Competitive Comparison of Varex Imaging's Debt-to-EBITDA

For the Medical Devices subindustry, Varex Imaging's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Varex Imaging's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Varex Imaging's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Varex Imaging's Debt-to-EBITDA falls into.



Varex Imaging Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Varex Imaging's Debt-to-EBITDA for the fiscal year that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(45.32 + 378.51) / 31.715
=13.36

Varex Imaging's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.871 + 560.585) / 40.112
=14.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2024) EBITDA data.


Varex Imaging  (FRA:VI4) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Varex Imaging Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Varex Imaging's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Varex Imaging Business Description

Traded in Other Exchanges
Address
1678 S. Pioneer Road, Salt Lake City, UT, USA, 84104
Varex Imaging Corp designs and manufactures X-ray imaging components. It operates in two segments Medical and Industrial. The Medical segment, which is the key revenue driver, designs, manufactures, sells, and services X-ray imaging components, including X-ray tubes, digital detectors and accessories, generators, and heat exchangers among other products. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital flat panel detectors, high-voltage connectors, and coolers. Geographically, the company generates maximum revenue from Europe, Middle East, and Africa (EMEA) and the rest from the Americas and Asia Pacific region.

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