Varex Imaging (VREX) Interest Coverage Ratio: History & Chart

Varex Imaging Corporation(VREX)

Medical - Devices · Salt Lake City, UT

$18.48+0.03 (+0.16%)

Delayed quote: Oct 6, 2026, 4:00 PM EDT

About Varex Imaging Corporation

Varex Imaging Corporation (VREX) specializes in the development and production of X-ray imaging components. Its operations are divided into two primary divisions: Medical and Industrial. Within the Medical segment, Varex provides a comprehensive range of X-ray imaging components. These include essential hardware like X-ray tubes, digital detectors, and high-voltage connectors, alongside sophisticated software solutions for image processing, 3D reconstruction, and computer-aided diagnostics. The segment also supplies critical ancillary devices such as collimators, generators, and automatic exposure control mechanisms. These medical products serve a wide spectrum of applications, from general diagnostic imaging like radiography and fluoroscopy, to specialized areas such as mammography, computed tomography (CT), cardiac procedures, dental imaging, and surgical applications. They are also vital for radiation therapy, oncology, and advanced computer-aided detection systems. The Industrial segment focuses on providing X-ray technology for security and industrial inspection. Its offerings include Linatron X-ray accelerators, X-ray tubes, digital detectors, and high-voltage connectors. These components are crucial for diverse applications such as airport security scanning, cargo screening at border crossings, and nondestructive testing across various industries. Varex distributes its products through multiple channels, including direct sales to end-users, partnerships with imaging system Original Equipment Manufacturers (OEMs), independent service providers, and a network of distributors. With a significant global footprint, the company maintains operations across North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Established in 2016, Varex Imaging Corporation is headquartered in Salt Lake City, Utah.

Salt Lake City, UT

2,500 employees

www.vareximaging.com

Healthcare / Medical - Devices

Sector: Healthcare
Industry: Medical - Devices
CEO: Sunny S. Sanyal

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VREX Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

-0.78x

INTEREST COVERAGE RATIO AVG TTM

0.05x

INTEREST COVERAGE RATIO AVG 3Y

1.87x

INTEREST COVERAGE RATIO AVG 5Y

2.07x

INTEREST COVERAGE RATIO AVG 10Y

1.96x

INTEREST COVERAGE RATIO AVG 15Y

N/A

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-1817.17%

CURRENT VS 3Y AVG

-141.76%

CURRENT VS 5Y AVG

-137.72%

CURRENT VS 10Y AVG

-139.80%

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · HEALTHCARE

-6.38x

median of 528 covered companies

CURRENT VS SECTOR MEDIAN

+87.76%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Varex Imaging Corporation (VREX)	$778.01M	-0.78x	0.05x	1.87x	2.07x
Lexicon Pharmaceuticals, Inc. (LXRX)vs ›	$777.34M	-5.87x	6.84x	6.84x	3.53x
Geron Corporation (GERN)vs ›	$776.24M	-1.65x	N/A	N/A	N/A
AdaptHealth Corp. (AHCO)vs ›	$785.03M	1.76x	1.92x	1.86x	1.93x
Gyre Therapeutics, Inc. (GYRE)vs ›	$789.34M	N/A	85.72x	85.72x	85.72x
Sana Biotechnology, Inc. (SANA)vs ›	$765.30M	N/A	N/A	N/A	N/A
Mesa Laboratories, Inc. (MLAB)vs ›	$761.37M	1.73x	1.55x	1.27x	1.31x
Attovia Therapeutics, Inc. (ATTO)vs ›	$753.02M	N/A	N/A	N/A	N/A
InMode Ltd. (INMD)vs ›	$804.16M	N/A	N/A	N/A	N/A
Design Therapeutics, Inc. (DSGN)vs ›	$747.61M	N/A	N/A	N/A	N/A

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Varex Imaging Corporation (VREX)

$778.01M

-0.78x

0.05x

1.87x

2.07x

Lexicon Pharmaceuticals, Inc. (LXRX)vs ›

$777.34M

-5.87x

6.84x

3.53x

Geron Corporation (GERN)vs ›

$776.24M

-1.65x

N/A

AdaptHealth Corp. (AHCO)vs ›

$785.03M

1.76x

1.92x

1.86x

1.93x

Gyre Therapeutics, Inc. (GYRE)vs ›

$789.34M

N/A

85.72x

Sana Biotechnology, Inc. (SANA)vs ›

$765.30M

N/A

Mesa Laboratories, Inc. (MLAB)vs ›

$761.37M

1.73x

1.55x

1.27x

1.31x

Attovia Therapeutics, Inc. (ATTO)vs ›

$753.02M

N/A

InMode Ltd. (INMD)vs ›

$804.16M

N/A

Design Therapeutics, Inc. (DSGN)vs ›

$747.61M

N/A

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Varex Imaging Corporation (VREX)?

The interest coverage ratio for VREX stock is -0.78x.

Is Varex Imaging Corporation's interest coverage ratio high or low?

The interest coverage ratio of -0.78x is 138% below its 5-year average of 2.07x, around the middle of its 5-year range (-8.97x–3.93x).

What is the TTM average interest coverage ratio for Varex Imaging Corporation (VREX)?

The TTM average interest coverage ratio for VREX stock is 0.05x.

What is the 3Y average interest coverage ratio for Varex Imaging Corporation (VREX)?

The 3Y average interest coverage ratio for VREX stock is 1.87x.

What is the 5Y average interest coverage ratio for Varex Imaging Corporation (VREX)?

The 5Y average interest coverage ratio for VREX stock is 2.07x.

What is the 10Y average interest coverage ratio for Varex Imaging Corporation (VREX)?

The 10Y average interest coverage ratio for VREX stock is 1.96x.

DATE	INTEREST COVERAGE RATIO
2026-07-03	3.93x
2026-04-03	0.83x
2026-01-02	1.95x
2025-10-03	2.48x
2025-07-04	-8.97x
2025-04-04	2.13x
2025-01-03	1.37x
2024-09-27	1.40x
2024-06-28	1.22x
2024-03-29	0.95x
2023-12-29	0.91x
2023-09-30	3.38x
2023-06-30	3.61x
2023-03-31	2.14x
2022-12-30	1.73x
2022-09-30	2.62x
2022-07-01	2.45x
2022-04-01	2.33x
2021-12-31	1.41x
2021-09-30	2.45x
2021-07-02	2.42x
2021-04-02	1.52x
2021-01-01	0.59x
2020-09-30	-0.89x
2020-07-03	-3.88x
2020-04-03	0.30x
2020-01-03	0.85x
2019-09-30	3.00x
2019-06-28	0.90x
2019-03-29	2.64x
2018-12-28	2.04x
2018-09-30	1.23x
2018-06-29	1.35x
2018-03-30	3.07x
2017-12-29	2.47x
2017-09-30	4.11x
2017-06-30	3.69x
2017-03-31	23.50x
2016-12-30	31.00x
2016-09-30	47.14x
2016-06-30	71.00x
2016-03-31	50.40x
2015-12-31	75.33x
2015-09-30	65.00x

DATE

INTEREST COVERAGE RATIO

2026-07-03

3.93x

2026-04-03

0.83x

2026-01-02

1.95x

2025-10-03

2.48x

2025-07-04

-8.97x

2025-04-04

2.13x

2025-01-03

1.37x

2024-09-27

1.40x

2024-06-28

1.22x

2024-03-29

0.95x

2023-12-29

0.91x

2023-09-30

3.38x

2023-06-30

3.61x

2023-03-31

2.14x

2022-12-30

1.73x

2022-09-30

2.62x

2022-07-01

2.45x

2022-04-01

2.33x

2021-12-31

1.41x

2021-09-30

2.45x

2021-07-02

2.42x

2021-04-02

1.52x

2021-01-01

0.59x

2020-09-30

-0.89x

2020-07-03

-3.88x

2020-04-03

0.30x

2020-01-03

0.85x

2019-09-30

3.00x

2019-06-28

0.90x

2019-03-29

2.64x

2018-12-28

2.04x

2018-09-30

1.23x

2018-06-29

1.35x

2018-03-30

3.07x

2017-12-29

2.47x

2017-09-30

4.11x

2017-06-30

3.69x

2017-03-31

23.50x

2016-12-30

31.00x

2016-09-30

47.14x

2016-06-30

71.00x

2016-03-31

50.40x

2015-12-31

75.33x

2015-09-30

65.00x

Interest Coverage Ratio: -0.78x

VREX Interest Coverage Ratio

VREX Average Interest Coverage Ratio Chart

VREX Current vs Average Interest Coverage Ratio Chart

VREX Interest Coverage Ratio Metrics

VREX Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

VREX Interest Coverage Ratio History

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