Varex Imaging Corporation (VREX)

Varex Imaging Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 28, 2024	Sep 29, 2023	Sep 30, 2022	Oct 1, 2021	Oct 2, 2020	Sep 27, 2019
Cash & Equivalents	156.4	152.6	89.4	144.6	100.6	29.9
Cash & Short-Term Investments	190	152.6	89.4	144.6	100.6	29.9
Cash Growth	25.00%	70.69%	-38.17%	43.74%	236.45%	-44.73%
Accounts Receivable	152	163.6	173.3	155.3	123.8	141
Receivables	152	164.3	174.2	155.6	123.8	141
Inventory	281.7	277.5	303.2	224.8	271.9	248.2
Prepaid Expenses	24.9	63.2	41.9	28	24.4	19.3
Other Current Assets	0.7	0.7	1.2	1.2	1.3	-
Total Current Assets	649.3	658.3	609.9	554.2	522	438.4
Property, Plant & Equipment	176.5	172.6	164.5	164.5	172.9	142.3
Long-Term Investments	27.1	29	46.4	49.3	51.3	53.6
Goodwill	288.9	288.5	284.5	292.2	293.1	290.8
Other Intangible Assets	16.4	22.4	33.6	50.7	67.5	86.3
Long-Term Deferred Tax Assets	55.3	41.3	2.3	4	0.5	-
Other Long-Term Assets	39.2	37.5	43.2	32.6	32.2	27.5
Total Assets	1,253	1,250	1,184	1,148	1,140	1,039
Accounts Payable	69.6	64.7	78.2	58.8	72.9	58.2
Accrued Expenses	66.8	54.3	55.2	66.3	35.6	32.1
Current Portion of Long-Term Debt	46.2	1.5	2.1	2.8	2.5	30.7
Current Portion of Leases	3.9	3.9	4.2	6.4	6.3	-
Current Income Taxes Payable	-	13.3	11.3	8	5.6	10.7
Current Unearned Revenue	8.1	10.2	7.4	9.1	8.6	10.5
Other Current Liabilities	-	14.9	14.7	15.2	29.1	32.9
Total Current Liabilities	194.6	162.8	173.1	166.6	160.6	175.1
Long-Term Debt	396.9	441.1	412.3	431.7	452.8	364.9
Long-Term Leases	23.3	23.3	18.1	19	23.5	-
Long-Term Deferred Tax Liabilities	-	-	0.5	2.2	2.3	8.2
Other Long-Term Liabilities	42.6	36.2	30.4	25.6	28	26.5
Total Liabilities	657.4	668.6	637.7	651	673.7	580.2
Common Stock	0.4	0.4	0.4	0.4	0.4	0.4
Additional Paid-In Capital	462.2	450.4	469.1	449.4	434.4	371.8
Retained Earnings	120.4	118.1	63.8	33.5	16.1	74.4
Comprensive Income & Other	-1.8	-1.2	0.1	-	0.8	-1.7
Total Common Equity	581.2	567.7	533.4	483.3	451.7	444.9
Minority Interest	14.1	13.3	13.3	13.2	14.1	13.8
Shareholders' Equity	595.3	581	546.7	496.5	465.8	458.7
Total Liabilities & Equity	1,253	1,250	1,184	1,148	1,140	1,039
Total Debt	470.3	469.8	436.7	459.9	485.1	395.6
Net Cash (Debt)	-280.3	-317.2	-347.3	-315.3	-384.5	-365.7
Net Cash Per Share	-5.52	-6.31	-8.35	-7.82	-9.91	-9.47
Filing Date Shares Outstanding	40.9	40.5	40.1	39.5	39.2	38.49
Total Common Shares Outstanding	40.86	40.53	40.09	39.44	39.06	38.37
Working Capital	454.7	495.5	436.8	387.6	361.4	263.3
Book Value Per Share	14.22	14.01	13.31	12.26	11.56	11.59
Tangible Book Value	275.9	256.8	215.3	140.4	91.1	67.8
Tangible Book Value Per Share	6.75	6.34	5.37	3.56	2.33	1.77
Land	-	8.3	8.3	8.3	8.3	8.3
Buildings	-	159.1	149.2	148.7	137.2	134.4
Machinery	-	194.9	182.9	179.7	175.5	170.7
Construction In Progress	-	20.8	29.1	18.1	35.4	28.5
Order Backlog	-	335	-	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.