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Varex Imaging (FRA:VI4) Interest Expense : €-24.6 Mil (TTM As of Sep. 2024)


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What is Varex Imaging Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Varex Imaging's interest expense for the three months ended in Sep. 2024 was € -6.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-24.6 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Varex Imaging's Operating Income for the three months ended in Sep. 2024 was € 9.8 Mil. Varex Imaging's Interest Expense for the three months ended in Sep. 2024 was € -6.2 Mil. Varex Imaging's Interest Coverage for the quarter that ended in Sep. 2024 was 1.58. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Varex Imaging Interest Expense Historical Data

The historical data trend for Varex Imaging's Interest Expense 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 Interest Expense Chart

Varex Imaging Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.72 -32.81 -36.76 -25.02 -24.15

Varex Imaging Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense 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 -6.09 -6.05 -6.16 -6.13 -6.22

Varex Imaging Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-24.6 Mil.

* 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  (FRA:VI4) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Varex Imaging's Interest Expense for the three months ended in Sep. 2024 was €-6.2 Mil. Its Operating Income for the three months ended in Sep. 2024 was €9.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €378.5 Mil.

Varex Imaging's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*9.821/-6.217
=1.58

* 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.

The higher the ratio, the stronger the company's financial strength is.

Varex Imaging Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Varex Imaging Corp (FRA:VI4) » Definitions » Interest Expense
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Traded in Other Exchanges
VREX:USA VI4:Germany
Address
1678 S. Pioneer Road, Salt Lake City, UT, USA, 84104
Website
https://www.vareximaging.com
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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