| VREX Stock | | | USD 16.39 0.25 1.50% |
Varex Imaging financial indicator trend analysis is much more than just breaking down Varex Imaging Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Varex Imaging Corp is a good investment. Please check the relationship between Varex Imaging Long Term Debt and its Common Stock accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Varex Imaging Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Long Term Debt vs Common Stock
Long Term Debt vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Varex Imaging Corp Long Term Debt account and
Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Varex Imaging's Long Term Debt and Common Stock is 0.59. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Varex Imaging Corp, assuming nothing else is changed. The correlation between historical values of Varex Imaging's Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Varex Imaging Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt i.e., Varex Imaging's Long Term Debt and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.59 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Varex Imaging Corp has held for over one year. Long-term debt appears on Varex Imaging Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Varex Imaging Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Common Stock
Most indicators from Varex Imaging's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Varex Imaging Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Varex Imaging Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Tax Provision is likely to rise to about 54.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 126.8
M in 2024.
Varex Imaging fundamental ratios Correlations
Click cells to compare fundamentals
Varex Imaging Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Varex Imaging fundamental ratios Accounts
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