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Varex Imaging's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $5.1 Mil. Varex Imaging's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $587.0 Mil. Varex Imaging's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $540.2 Mil. Varex Imaging's debt to equity for the quarter that ended in Dec. 2024 was 1.10.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Varex Imaging's Debt-to-Equity or its related term are showing as below:
During the past 12 years, the highest Debt-to-Equity Ratio of Varex Imaging was 1.39. The lowest was 0.59. And the median was 0.91.
The historical data trend for Varex Imaging's Debt-to-Equity 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.
Varex Imaging Annual Data | |||||||||||||||||||||
Trend | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | Sep24 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial |
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1.07 | 0.95 | 0.82 | 0.83 | 0.88 |
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-Equity | Get a 7-Day Free Trial |
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0.83 | 0.82 | 0.81 | 0.88 | 1.10 |
For the Medical Devices subindustry, Varex Imaging's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
For the Medical Devices & Instruments industry and Healthcare sector, Varex Imaging's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Varex Imaging's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Varex Imaging's Debt to Equity Ratio for the fiscal year that ended in Sep. 2024 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (50.3 | + | 420.1) | / | 535.1 | |
= | 0.88 |
Varex Imaging's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (5.1 | + | 587) | / | 540.2 | |
= | 1.10 |
* 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.
Varex Imaging (NAS:VREX) Debt-to-Equity Explanation
In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.
Be Aware
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Thank you for viewing the detailed overview of Varex Imaging's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Sunny Sanyal | director, officer: President and CEO | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
Kimberley E. Honeysett | officer: Vice President and Secretary | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
Shubham Maheshwari | officer: Chief Financial Officer | C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803 |
Jay K. Kunkel | director | 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033 |
Ruediger Naumann-etienne | director | |
Kathleen Bardwell | director | 9 BLACKBERRY DRIVE, HUDSON OH 44236 |
Kevin Bruce Yankton | officer: Controller & CAO | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
Andrew Hartmann | officer: SVP Sales & Marketing, Medical | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
Timothy E Guertin | director | C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304 |
Brian W Giambattista | officer: SVP and GM, X-ray Detectors | 1678 SOUTH PIONEER ROAD, SALT LAKE CITY UT 84104 |
Erich R Reinhardt | director | VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304 |
Mark S. Jonaitis | officer: SVP and GM, X-Ray Sources | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
Clarence R Verhoef | officer: SVP & Chief Financial Officer | VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 95035 |
Rosebrough Walter M Jr | director | 5960 HEISLEY ROAD, MENTOR OH 44060 |
Carl E. Lacasce | officer: SVP, Sales & Marketing | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
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