Liabilities Breakdown
10 M
Deposit Liabilities
42.1 M
Current Liabilities
23.3 M
Long-Term Liabilities
| Deposit Liabilities | 10.02 Million | |
| Total Liabilities | 96.29 Million | |
| Current Liabilities | 42.09 Million | |
| Long-Term Liabilities | 23.26 Million |
How much will ViewRay owe in February?
 | By Rifka Kats | Macroaxis Story |
The upcoming quarterly report is expected on the 11th of March 2021. The stock experiences an active upward rally. ViewRay Issuance Purchase of Equity Shares is fairly stable at the moment as compared to the past year. ViewRay reported Issuance Purchase of Equity Shares of 24.07 Million in 2020. Share Based Compensation is likely to rise to about 1 M in 2021, whereas Net Income Per Employee is likely to drop (377.7 K) in 2021. As many of us are excited about healthcare space, it is fair to break down ViewRay as a unique alternative.
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Reviewed by Vlad Skutelnik
The company currently holds 66.76 M in liabilities with Debt to Equity (D/E) ratio of 0.44, which is about average as compared to similar companies. ViewRay has a current ratio of 3.07, suggesting that it is liquid enough and is able to pay its financial obligations when due. ViewRay financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of ViewRay, including all of ViewRay's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of ViewRay assets, the company is considered highly leveraged. Understanding the composition and structure of overall ViewRay debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.
Watch out for price decline
Please consider monitoring ViewRay on a daily basis if you are holding a position in it. ViewRay is trading at a penny-stock level, and the possibility of delisting is much higher compared to other delisted stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as ViewRay stock to be traded above the $1 level to remain listed. If ViewRay stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How important is ViewRay's Liquidity
ViewRay financial leverage refers to using borrowed capital as a funding source to finance ViewRay ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. ViewRay financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to ViewRay's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of ViewRay's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between ViewRay's total debt and its cash.
Breaking down ViewRay Indicators
The entity reported the previous year's revenue of 55.03 M. Net Loss for the year was (117.02 M) with profit before overhead, payroll, taxes, and interest of 2.42 M.
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