VREX: Varex Imaging Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Varex Imaging Corp (VREX).
$476.80M Market Cap.
VREX Market Cap. (MRY)
VREX Shares Outstanding (MRY)
VREX Assets (MRY)
Total Assets
$1.22B
Total Liabilities
$667.80M
Total Investments
$31.80M
VREX Income (MRY)
Revenue
$811.00M
Net Income
-$47.70M
Operating Expense
$224.80M
VREX Cash Flow (MRY)
CF Operations
$47.30M
CF Investing
-$27.50M
CF Financing
-$3.30M
VREX Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $1,217,000,000 (-2.61%) | $1,249,600,000 (5.50%) | $1,184,400,000 (3.22%) | $1,147,500,000 (0.70%) |
Assets Current | $649,900,000 (-1.28%) | $658,300,000 (7.94%) | $609,900,000 (10.05%) | $554,200,000 (6.17%) |
Assets Non-Current | $567,100,000 (-4.09%) | $591,300,000 (2.92%) | $574,500,000 (-3.17%) | $593,300,000 (-3.92%) |
Goodwill & Intangible Assets | $307,100,000 (-1.22%) | $310,900,000 (-2.26%) | $318,100,000 (-7.23%) | $342,900,000 (-4.91%) |
Shareholders Equity | $535,100,000 (-5.74%) | $567,700,000 (6.43%) | $533,400,000 (10.37%) | $483,300,000 (7.00%) |
Property Plant & Equipment Net | $181,700,000 (5.27%) | $172,600,000 (4.92%) | $164,500,000 (0.00%) | $164,500,000 (-4.86%) |
Cash & Equivalents | $168,700,000 (10.55%) | $152,600,000 (70.69%) | $89,400,000 (-38.17%) | $144,600,000 (43.74%) |
Accumulated Other Comprehensive Income | -$2,900,000 (-141.67%) | -$1,200,000 (-1300.00%) | $100,000 (0%) | $0 (0%) |
Deferred Revenue | $7,900,000 (-22.55%) | $10,200,000 (37.84%) | $7,400,000 (-18.68%) | $9,100,000 (5.81%) |
Total Investments | $31,800,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $31,800,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $291,600,000 (-4.86%) | $306,500,000 (-12.33%) | $349,600,000 (27.54%) | $274,100,000 (-15.19%) |
Trade & Non-Trade Receivables | $157,700,000 (-3.61%) | $163,600,000 (-5.60%) | $173,300,000 (11.59%) | $155,300,000 (25.44%) |
Trade & Non-Trade Payables | $59,100,000 (-8.66%) | $64,700,000 (-17.26%) | $78,200,000 (32.99%) | $58,800,000 (-19.34%) |
Accumulated Retained Earnings (Deficit) | $70,400,000 (-40.39%) | $118,100,000 (85.11%) | $63,800,000 (90.45%) | $33,500,000 (108.07%) |
Tax Assets | $4,700,000 (-88.62%) | $41,300,000 (1695.65%) | $2,300,000 (-42.50%) | $4,000,000 (700.00%) |
Tax Liabilities | $1,400,000 (0%) | $0 (0%) | $500,000 (-77.27%) | $2,200,000 (-4.35%) |
Total Debt | $470,400,000 (0.19%) | $469,500,000 (7.58%) | $436,400,000 (-5.01%) | $459,400,000 (-5.18%) |
Debt Current | $50,300,000 (849.06%) | $5,300,000 (-13.11%) | $6,100,000 (-32.22%) | $9,000,000 (4.65%) |
Debt Non-Current | $420,100,000 (-9.50%) | $464,200,000 (7.88%) | $430,300,000 (-4.46%) | $450,400,000 (-5.36%) |
Total Liabilities | $667,800,000 (-0.12%) | $668,600,000 (4.85%) | $637,700,000 (-2.04%) | $651,000,000 (-3.37%) |
Liabilities Current | $195,900,000 (20.33%) | $162,800,000 (-5.95%) | $173,100,000 (3.90%) | $166,600,000 (3.74%) |
Liabilities Non-Current | $471,900,000 (-6.70%) | $505,800,000 (8.87%) | $464,600,000 (-4.09%) | $484,400,000 (-5.59%) |
VREX Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $811,000,000 (-9.22%) | $893,400,000 (3.96%) | $859,400,000 (5.05%) | $818,100,000 (10.81%) |
Cost of Revenue | $554,100,000 (-8.12%) | $603,100,000 (4.72%) | $575,900,000 (5.36%) | $546,600,000 (-0.27%) |
Selling General & Administrative Expense | $137,800,000 (7.32%) | $128,400,000 (8.54%) | $118,300,000 (-5.74%) | $125,500,000 (-11.74%) |
Research & Development Expense | $87,000,000 (2.59%) | $84,800,000 (10.13%) | $77,000,000 (7.09%) | $71,900,000 (-8.87%) |
Operating Expenses | $224,800,000 (5.44%) | $213,200,000 (9.17%) | $195,300,000 (-1.06%) | $197,400,000 (-11.84%) |
Interest Expense | $27,100,000 (-40.83%) | $45,800,000 (4.81%) | $43,700,000 (-3.96%) | $45,500,000 (16.97%) |
Income Tax Expense | $52,200,000 (400.00%) | -$17,400,000 (-227.01%) | $13,700,000 (28.04%) | $10,700,000 (170.39%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$47,200,000 (-196.92%) | $48,700,000 (58.12%) | $30,800,000 (72.07%) | $17,900,000 (131.18%) |
Net Income to Non-Controlling Interests | $500,000 (0.00%) | $500,000 (0.00%) | $500,000 (0.00%) | $500,000 (0.00%) |
Net Income | -$47,700,000 (-198.96%) | $48,200,000 (59.08%) | $30,300,000 (74.14%) | $17,400,000 (130.05%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$47,700,000 (-198.96%) | $48,200,000 (59.08%) | $30,300,000 (74.14%) | $17,400,000 (130.05%) |
Weighted Average Shares | $40,800,000 (1.24%) | $40,300,000 (1.26%) | $39,800,000 (1.27%) | $39,300,000 (1.29%) |
Weighted Average Shares Diluted | $40,800,000 (-18.89%) | $50,300,000 (20.91%) | $41,600,000 (3.23%) | $40,300,000 (3.87%) |
Earning Before Interest & Taxes (EBIT) | $31,600,000 (-58.75%) | $76,600,000 (-12.66%) | $87,700,000 (19.16%) | $73,600,000 (315.20%) |
Gross Profit | $256,900,000 (-11.51%) | $290,300,000 (2.40%) | $283,500,000 (4.42%) | $271,500,000 (42.74%) |
Operating Income | $32,100,000 (-58.37%) | $77,100,000 (-12.59%) | $88,200,000 (19.03%) | $74,100,000 (319.88%) |
VREX Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$27,500,000 (38.75%) | -$44,900,000 (7.23%) | -$48,400,000 (-198.77%) | -$16,200,000 (39.78%) |
Net Cash Flow from Financing | -$3,300,000 (-1550.00%) | -$200,000 (99.16%) | -$23,800,000 (26.32%) | -$32,300,000 (-138.64%) |
Net Cash Flow from Operations | $47,300,000 (-56.37%) | $108,400,000 (541.42%) | $16,900,000 (-81.75%) | $92,600,000 (601.52%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $16,400,000 (-74.13%) | $63,400,000 (214.23%) | -$55,500,000 (-226.14%) | $44,000,000 (-37.85%) |
Net Cash Flow - Business Acquisitions and Disposals | $900,000 (190.00%) | -$1,000,000 (-158.82%) | $1,700,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$400,000 (98.06%) | -$20,600,000 (23.42%) | -$26,900,000 (-1821.43%) | -$1,400,000 (22.22%) |
Capital Expenditure | -$26,900,000 (-29.95%) | -$20,700,000 (2.82%) | -$21,300,000 (-41.06%) | -$15,100,000 (35.74%) |
Issuance (Repayment) of Debt Securities | -$3,900,000 (-62.50%) | -$2,400,000 (91.84%) | -$29,400,000 (6.96%) | -$31,600,000 (-133.91%) |
Issuance (Purchase) of Equity Shares | $3,800,000 (-7.32%) | $4,100,000 (-52.87%) | $8,700,000 (210.71%) | $2,800,000 (-94.90%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$100,000 (-200.00%) | $100,000 (150.00%) | -$200,000 (-100.00%) | -$100,000 (-111.11%) |
Share Based Compensation | $15,300,000 (13.33%) | $13,500,000 (-3.57%) | $14,000,000 (0.72%) | $13,900,000 (3.73%) |
Depreciation Amortization & Accretion | $31,100,000 (-6.33%) | $33,200,000 (-1.19%) | $33,600,000 (-9.92%) | $37,300,000 (-5.57%) |
VREX Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 31.70% (-2.46%) | 32.50% (-1.52%) | 33.00% (-0.60%) | 33.20% (28.68%) |
Profit Margin | -5.90% (-209.26%) | 5.40% (54.29%) | 3.50% (66.67%) | 2.10% (126.92%) |
EBITDA Margin | 7.70% (-37.40%) | 12.30% (-12.77%) | 14.10% (3.68%) | 13.60% (1842.86%) |
Return on Average Equity (ROAE) | -8.40% (-193.33%) | 9.00% (52.54%) | 5.90% (59.46%) | 3.70% (129.13%) |
Return on Average Assets (ROAA) | -3.80% (-195.00%) | 4.00% (53.85%) | 2.60% (73.33%) | 1.50% (128.85%) |
Return on Sales (ROS) | 3.90% (-54.65%) | 8.60% (-15.69%) | 10.20% (13.33%) | 9.00% (295.65%) |
Return on Invested Capital (ROIC) | 2.90% (-59.15%) | 7.10% (-20.22%) | 8.90% (20.27%) | 7.40% (300.00%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -10.19 (-165.07%) | 15.66 (-43.71%) | 27.82 (-57.18%) | 64.95 (882.40%) |
Price to Sales Ratio (P/S) | 0.6 (-29.25%) | 0.85 (-13.38%) | 0.98 (-28.70%) | 1.37 (111.23%) |
Price to Book Ratio (P/B) | 0.89 (-32.70%) | 1.32 (-16.26%) | 1.58 (-32.15%) | 2.33 (117.55%) |
Debt to Equity Ratio (D/E) | 1.25 (5.94%) | 1.18 (-1.51%) | 1.2 (-11.21%) | 1.35 (-9.66%) |
Earnings Per Share (EPS) | -1.17 (-197.50%) | 1.2 (57.89%) | 0.76 (72.73%) | 0.44 (129.53%) |
Sales Per Share (SPS) | 19.88 (-10.34%) | 22.17 (2.67%) | 21.59 (3.73%) | 20.82 (9.40%) |
Free Cash Flow Per Share (FCFPS) | 0.5 (-77.02%) | 2.18 (2060.36%) | -0.11 (-105.63%) | 1.97 (844.15%) |
Book Value Per Share (BVPS) | 13.12 (-6.90%) | 14.09 (5.11%) | 13.4 (8.98%) | 12.3 (5.63%) |
Tangible Assets Book Value Per Share (TABVPS) | 22.3 (-4.26%) | 23.29 (7.02%) | 21.77 (6.32%) | 20.47 (1.98%) |
Enterprise Value Over EBIT (EV/EBIT) | 25 (78.57%) | 14 (7.69%) | 13 (-35.00%) | 20 (180.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 12.6 (25.45%) | 10.04 (3.13%) | 9.74 (-27.48%) | 13.43 (-91.56%) |
Asset Turnover | 0.65 (-11.50%) | 0.74 (-0.54%) | 0.74 (3.92%) | 0.71 (6.88%) |
Current Ratio | 3.32 (-17.95%) | 4.04 (14.79%) | 3.52 (5.89%) | 3.33 (2.37%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $20,400,000 (-76.74%) | $87,700,000 (2093.18%) | -$4,400,000 (-105.68%) | $77,500,000 (852.43%) |
Enterprise Value (EV) | $790,000,000 (-28.36%) | $1,102,800,000 (-6.65%) | $1,181,386,000 (-20.68%) | $1,489,352,000 (76.66%) |
Earnings Before Tax (EBT) | $4,500,000 (-85.39%) | $30,800,000 (-30.00%) | $44,000,000 (56.58%) | $28,100,000 (138.44%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $62,700,000 (-42.90%) | $109,800,000 (-9.48%) | $121,300,000 (9.38%) | $110,900,000 (1992.45%) |
Invested Capital | $1,015,700,000 (-7.06%) | $1,092,800,000 (5.06%) | $1,040,200,000 (9.17%) | $952,800,000 (-4.93%) |
Working Capital | $454,000,000 (-8.38%) | $495,500,000 (13.44%) | $436,800,000 (12.69%) | $387,600,000 (7.25%) |
Tangible Asset Value | $909,900,000 (-3.07%) | $938,700,000 (8.36%) | $866,300,000 (7.67%) | $804,600,000 (3.30%) |
Market Capitalization | $476,800,000 (-36.56%) | $751,600,000 (-10.89%) | $843,486,000 (-25.09%) | $1,126,052,000 (132.82%) |
Average Equity | $565,325,000 (6.14%) | $532,625,000 (4.33%) | $510,525,000 (9.81%) | $464,925,000 (2.30%) |
Average Assets | $1,240,925,000 (2.70%) | $1,208,250,000 (4.40%) | $1,157,350,000 (1.12%) | $1,144,525,000 (3.77%) |
Invested Capital Average | $1,077,175,000 (-0.82%) | $1,086,075,000 (9.66%) | $990,425,000 (0.00%) | $990,400,000 (6.62%) |
Shares | 40,000,000 (0.00%) | 40,000,000 (0.25%) | 39,900,000 (1.27%) | 39,400,000 (0.77%) |
