Varex Imaging Corporation (VREX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 625.6M | 633.6M | 641.8M | 619.5M | 683.8M | 656.9M | 649.9M | 649.3M | 651.9M | 645.7M | 658.3M | 638.5M | 618.4M | 607.3M | 609.9M | 593.4M | 569.2M | 557.9M | 554.2M | 559.8M |
| Cash & Short-Term Investments | 88.3M | 125.6M | 155.1M | 152.6M | 223M | 212.6M | 200.5M | 190M | 188.9M | 193.5M | 193.9M | 118.5M | 104.4M | 81.5M | 103.9M | 99.6M | 115.1M | 157.8M | 144.6M | 128.3M |
| Cash Only | 85.3M | 119.5M | 145M | 136.4M | 205.1M | 176M | 168.7M | 156.4M | 141.8M | 141.3M | 152.6M | 118.5M | 104.4M | 81.5M | 89.4M | 99.6M | 115.1M | 157.8M | 144.6M | 128.3M |
| Short-Term Investments | 3M | 6.1M | 10.1M | 16.2M | 17.9M | 36.6M | 31.8M | 33.6M | 47.1M | 52.2M | 41.3M | 0 | 0 | 0 | 14.5M | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 148.9M | 146.5M | 157.4M | 137.8M | 146.5M | 138.1M | 157.7M | 152M | 152.2M | 139.6M | 163.6M | 163.3M | 159.5M | 157.9M | 174.2M | 157.5M | 155M | 127.1M | 155.3M | 148.5M |
| Days Sales Outstanding | 62.23 | 65.97 | 58.68 | 63.72 | 60.82 | 70.32 | 68.5 | 66.19 | 64.39 | 71.81 | 66.13 | 63.25 | 63.29 | 73.49 | 65.22 | 66.29 | 59.78 | 65.34 | 60.41 | 59.8 |
| Inventory | 346.7M | 328M | 299.4M | 298.7M | 284.7M | 279.9M | 264.8M | 281.7M | 286.1M | 289.7M | 277.5M | 297.7M | 310.7M | 320.3M | 303.2M | 300.3M | 269.2M | 247.6M | 224.8M | 243.2M |
| Days Inventory Outstanding | 214.08 | 204.2 | 180.1 | 195.9 | 188.61 | 197.05 | 179.41 | 181.68 | 186.6 | 192.05 | 177.1 | 177.56 | 184.63 | 199.36 | 175.01 | 183.64 | 163.41 | 162.17 | 139.75 | 163.08 |
| Other Current Assets | 41.7M | 33.5M | 29.9M | 30.4M | 29.6M | 26.3M | 26.9M | 25.6M | 100K | 22.9M | -39.9M | 59M | 43.8M | 18.8M | 28.6M | 36M | 1.2M | 25.4M | 29.5M | 1.3M |
| Total Non-Current Assets | 463.8M | 464.4M | 465.6M | 453.9M | 673.8M | 675.3M | 567.1M | 603.4M | 599.8M | 596.6M | 591.3M | 573.2M | 572.4M | 573.6M | 574.5M | 570M | 573.4M | 581.1M | 593.3M | 601.1M |
| Property, Plant & Equipment | 192.4M | 189.3M | 187.2M | 176.7M | 177.6M | 178.2M | 181.7M | 176.5M | 177.2M | 176.7M | 172.6M | 170.7M | 165.8M | 165M | 164.5M | 160.4M | 159.4M | 158.8M | 164.5M | 169.7M |
| Fixed Asset Turnover | 1.13x | 1.11x | 1.26x | 1.15x | 1.20x | 1.11x | 1.15x | 1.18x | 1.17x | 1.09x | 1.32x | 1.38x | 1.38x | 1.25x | 1.42x | 1.34x | 1.35x | 1.23x | 1.35x | 1.25x |
| Goodwill | 197.8M | 198.4M | 198.4M | 198.5M | 290.3M | 287.2M | 291M | 288.9M | 289.3M | 290.4M | 288.5M | 289.2M | 289.2M | 288.2M | 284.5M | 287.2M | 289.9M | 291.2M | 292.2M | 293.5M |
| Intangible Assets | 13.2M | 14.7M | 14M | 15M | 15.3M | 14.2M | 16.1M | 16.4M | 18.2M | 22.1M | 22.4M | 25.5M | 28.9M | 31.7M | 33.6M | 37.4M | 42.1M | 46.4M | 50.7M | 55.2M |
| Long-Term Investments | 22.4M | 21.3M | 26.6M | 26.7M | 150.3M | 25.2M | 26.8M | 27.1M | 30.3M | 28.3M | 29M | 46.8M | 47.3M | 47.8M | 56.1M | 47.7M | 47.9M | 49.2M | 49.3M | 50.1M |
| Other Non-Current Assets | 35.1M | 37.8M | 36.5M | 34M | 37.3M | 167.4M | 46.8M | 39.2M | 37M | 37.1M | 37.5M | 38.2M | 39.1M | 39M | 33.5M | 36.8M | 32.9M | 33.9M | 32.6M | 32.6M |
| Total Assets | 1.09B | 1.1B | 1.11B | 1.07B | 1.36B | 1.33B | 1.22B | 1.25B | 1.25B | 1.24B | 1.25B | 1.21B | 1.19B | 1.18B | 1.18B | 1.16B | 1.14B | 1.14B | 1.15B | 1.16B |
| Asset Turnover | 0.20x | 0.19x | 0.21x | 0.17x | 0.16x | 0.16x | 0.17x | 0.17x | 0.17x | 0.15x | 0.18x | 0.19x | 0.19x | 0.17x | 0.20x | 0.19x | 0.19x | 0.17x | 0.20x | 0.18x |
| Asset Growth % | -19.76% | -17.58% | -9.01% | -14.31% | 8.46% | 7.24% | -2.61% | 3.38% | 5.11% | 5.2% | 5.5% | 4.15% | 4.22% | 3.68% | 3.22% | 0.22% | 0.88% | 0.17% | 0.7% | 3.49% |
| Total Current Liabilities | 195.3M | 163M | 187.2M | 176.7M | 168.8M | 150.5M | 195.9M | 194.6M | 154.1M | 150.1M | 162.8M | 158.6M | 157.2M | 157.4M | 173.1M | 172.3M | 167.1M | 149.9M | 166.6M | 186.2M |
| Accounts Payable | 96.4M | 78.9M | 69.9M | 70.7M | 70.8M | 65.6M | 59.1M | 69.6M | 69.4M | 73.7M | 64.7M | 74.6M | 74.2M | 86.2M | 78.2M | 83.2M | 78.8M | 71.6M | 58.8M | 66.2M |
| Days Payables Outstanding | 55.62 | 48.43 | 42.34 | 47.51 | 45.57 | 45.11 | 42.25 | 44.48 | 46.38 | 46.86 | 42.89 | 43.43 | 46.93 | 52.57 | 46.8 | 52.24 | 47.56 | 44.76 | 37.33 | 39.16 |
| Short-Term Debt | 23.7M | 1.4M | 6.3M | 5.8M | 5.7M | 5.1M | 46.3M | 46.2M | 1.5M | 1.6M | 1.5M | 1.8M | 2M | 2.1M | 6.3M | 2.5M | 2.6M | 2.8M | 2.8M | 32.9M |
| Deferred Revenue (Current) | 14.5M | 12.4M | 13M | 14.6M | 9.7M | 9.4M | 7.9M | 8.1M | 10M | 9.4M | 21M | 10.9M | 10.2M | 9.2M | 14.2M | 11.5M | 7.6M | 8.6M | 9.1M | 8.7M |
| Other Current Liabilities | 29.3M | 40.4M | 49.3M | 45.1M | 52M | -200K | 40.5M | 0 | 0 | 200K | 4.1M | 200K | 200K | 0 | 25.6M | 400K | 400K | 400K | 37.3M | 400K |
| Current Ratio | 3.20x | 3.89x | 3.43x | 3.51x | 4.05x | 4.36x | 3.32x | 3.34x | 4.23x | 4.30x | 4.04x | 4.03x | 3.93x | 3.86x | 3.52x | 3.44x | 3.41x | 3.72x | 3.33x | 3.01x |
| Quick Ratio | 1.43x | 1.87x | 1.83x | 1.82x | 2.36x | 2.50x | 1.97x | 1.89x | 2.37x | 2.37x | 2.34x | 2.15x | 1.96x | 1.82x | 1.77x | 1.70x | 1.80x | 2.07x | 1.98x | 1.70x |
| Cash Conversion Cycle | 220.68 | 221.74 | 196.44 | 212.11 | 203.87 | 222.26 | 205.66 | 203.4 | 204.62 | 217 | 200.34 | 197.39 | 200.99 | 220.29 | 193.43 | 197.69 | 175.64 | 182.75 | 162.83 | 183.73 |
| Total Non-Current Liabilities | 406M | 444.2M | 433.6M | 427.2M | 624.9M | 627.5M | 471.9M | 462.8M | 507.4M | 509.2M | 505.8M | 508.2M | 500.7M | 498.5M | 464.6M | 463M | 461.1M | 483M | 484.4M | 490M |
| Long-Term Debt | 329M | 366.2M | 366M | 366M | 565.8M | 565.6M | 397.1M | 396.9M | 441.4M | 441.4M | 441.1M | 441.1M | 441M | 440.8M | 412.3M | 410.1M | 408.4M | 433.7M | 431.7M | 429.8M |
| Capital Lease Obligations | 28.3M | 23.3M | 29.6M | 25.1M | 25.3M | 27.2M | 23M | 23.3M | 24.5M | 22.9M | 23.3M | 23.4M | 17.1M | 17.9M | 18.1M | 20.3M | 19M | 17.3M | 18.7M | 22.3M |
| Deferred Tax Liabilities | 5.8M | 5.5M | 5.5M | 2.6M | 0 | 0 | 1.4M | 0 | 0 | 0 | -21.7M | 0 | 0 | 0 | 500K | 2.2M | 0 | 0 | 2.2M | 2.6M |
| Other Non-Current Liabilities | 42.9M | 49.2M | 32.5M | 33.5M | 33.8M | 34.7M | 50.4M | 42.6M | 41.5M | 44.3M | 41.4M | 43.7M | 42.6M | 39.8M | 12.3M | 32.6M | 33.7M | 32M | 31.8M | 35.3M |
| Total Liabilities | 601.3M | 607.2M | 620.8M | 603.9M | 793.7M | 778M | 667.8M | 657.4M | 661.5M | 659.3M | 668.6M | 666.8M | 657.9M | 655.9M | 637.7M | 635.3M | 628.2M | 632.9M | 651M | 676.2M |
| Total Debt | 381M | 395.5M | 401.9M | 396.9M | 596.8M | 601.6M | 470.4M | 470.3M | 471.4M | 469.7M | 469.5M | 469.7M | 464M | 464.7M | 436.7M | 437.5M | 435.3M | 459.7M | 459.4M | 491.6M |
| Net Debt | 295.7M | 276M | 256.9M | 260.5M | 391.7M | 425.6M | 301.7M | 313.9M | 329.6M | 328.4M | 316.9M | 351.2M | 359.6M | 383.2M | 347.3M | 337.9M | 320.2M | 301.9M | 314.8M | 363.3M |
| Debt / Equity | 0.78x | 0.81x | 0.83x | 0.85x | 1.06x | 1.09x | 0.86x | 0.79x | 0.80x | 0.81x | 0.81x | 0.86x | 0.87x | 0.89x | 0.80x | 0.83x | 0.85x | 0.91x | 0.93x | 1.01x |
| Debt / EBITDA | 17.97x | 17.82x | 15.28x | - | 20.79x | 32.87x | 26.88x | 28.85x | 28.57x | 36.41x | 14.18x | 14.45x | 19.58x | 22.13x | 13.35x | 13.93x | 12.40x | 20.34x | 12.90x | 14.09x |
| Net Debt / EBITDA | 13.95x | 12.43x | 9.77x | - | 13.65x | 23.26x | 17.24x | 19.26x | 19.98x | 25.46x | 9.57x | 10.81x | 15.17x | 18.25x | 10.62x | 10.76x | 9.12x | 13.36x | 8.84x | 10.41x |
| Interest Coverage | 0.83x | 1.95x | 2.78x | -8.66x | 2.04x | 1.30x | 1.32x | 0.86x | 1.00x | 1.11x | 1.04x | 3.61x | 1.97x | 1.64x | 2.44x | 2.38x | 2.01x | 1.28x | 2.52x | 2.39x |
| Total Equity | 488.1M | 490.8M | 486.6M | 469.5M | 563.9M | 554.2M | 549.2M | 595.3M | 590.2M | 583M | 581M | 544.9M | 532.9M | 525M | 546.7M | 528.1M | 514.4M | 506.1M | 496.5M | 484.7M |
| Equity Growth % | -13.44% | -11.44% | -11.4% | -21.13% | -4.46% | -4.94% | -5.47% | 9.25% | 10.75% | 11.05% | 6.27% | 3.18% | 3.6% | 3.73% | 10.11% | 8.95% | 9.7% | 8.98% | 6.59% | 0.75% |
| Book Value per Share | 11.65 | 11.60 | 11.64 | 11.31 | 11.01 | 13.48 | 13.46 | 14.45 | 14.33 | 14.36 | 11.50 | 10.81 | 13.16 | 12.93 | 13.37 | 13.04 | 12.19 | 11.53 | 11.41 | 11.74 |
| Total Shareholders' Equity | 474.2M | 476.9M | 472.6M | 455.3M | 549.7M | 540.2M | 535.1M | 581.2M | 576.1M | 568.9M | 567.7M | 531.5M | 519.6M | 511.7M | 533.4M | 514.8M | 501.1M | 492.8M | 483.3M | 471.5M |
| Common Stock | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K |
| Retained Earnings | -11.7M | -3.6M | -5.9M | -18.1M | 77M | 70.1M | 70.4M | 120.4M | 119M | 117.5M | 118.1M | 86.5M | 77.4M | 73.3M | 63.8M | 50.7M | 42.5M | 34.9M | 33.5M | 24.8M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -5.6M | -5.5M | -5.2M | -5.4M | -2.4M | -300K | -2.9M | -1.8M | -1.7M | -2.2M | -1.2M | -300K | 200K | 100K | 100K | -1.5M | -1.7M | -500K | 0 | 200K |
| Minority Interest | 13.9M | 13.9M | 14M | 14.2M | 14.2M | 14M | 14.1M | 14.1M | 14.1M | 14.1M | 13.3M | 13.4M | 13.3M | 13.3M | 13.3M | 13.3M | 13.3M | 13.3M | 13.2M | 13.2M |