GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Varex Imaging Corp (FRA:VI4) » Definitions » Total Assets

Varex Imaging (FRA:VI4) Total Assets : €1,151.6 Mil (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Varex Imaging Total Assets?

Varex Imaging's Total Assets for the quarter that ended in Mar. 2024 was €1,151.6 Mil.

During the past 12 months, Varex Imaging's average Total Assets Growth Rate was -2.20% per year. During the past 3 years, the average Total Assets Growth Rate was 1.80% per year. During the past 5 years, the average Total Assets Growth Rate was 2.90% per year.

During the past 11 years, Varex Imaging's highest 3-Year average Total Assets Growth Rate was 30.30%. The lowest was 1.80%. And the median was 2.80%.

Total Assets is connected with ROA %. Varex Imaging's annualized ROA % for the quarter that ended in Mar. 2024 was 0.45%. Total Assets is also linked to Revenue through Asset Turnover. Varex Imaging's Asset Turnover for the quarter that ended in Mar. 2024 was 0.17.


Varex Imaging Total Assets Historical Data

The historical data trend for Varex Imaging's Total Assets 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 Total Assets Chart

Varex Imaging Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 943.32 967.44 975.38 1,196.24 1,170.88

Varex Imaging Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets 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 1,112.21 1,118.40 1,170.88 1,139.19 1,151.56

Varex Imaging Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Varex Imaging's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=544.397+626.478
=1,170.9

Varex Imaging's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=542.984+608.58
=1,151.6

* 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) Total Assets Explanation

Total Assets is connected with ROA %.

Varex Imaging's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=5.152/( (1139.189+1151.564)/ 2 )
=5.152/1145.3765
=0.45 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Varex Imaging's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=189.704/( (1139.189+1151.564)/ 2 )
=189.704/1145.3765
=0.17

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Varex Imaging Total Assets Related Terms

Thank you for viewing the detailed overview of Varex Imaging's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Varex Imaging (FRA:VI4) Business Description

Traded in Other Exchanges
Address
1678 South Pioneer Road, Salt Lake City, UT, USA, 84104
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 comprising X-ray tubes, digital flat panel image detectors, high voltage connectors, ionization chambers, and buckys among others. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital flat panel detectors and high voltage connectors among others. It has manufacturing, research, and development operation in the United States, Europe, Philippines and China, and sales and service operations throughout the world.

Varex Imaging (FRA:VI4) Headlines

No Headlines