ViewRay, Inc. financial metrics

Professional SEC-based dashboard for profitability, financial health, and growth with transparent scoring logic. Latest period: Q1 2023.

Location
Oakwood Village, OH
Fiscal year end
31 December
Latest financial report
11 May 2023

Quick Takeaways

  • ViewRay, Inc. financial facts are built from SEC company filings data.
  • Latest metrics period on this page: Q1 2023.
  • Headline metric: Return On Equity -109%.

What Changed

  • Return On Equity YoY change: <span class="text-green-600">+56%</span>.
  • Most recent SEC facts end date: 10 Apr 2023.

Why This Matters

  • This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
  • Every metric card links to a deeper SEC-backed history page for verification.

Source Evidence

Based on latest 10-Q/10-K

Facts and ratios are grounded in SEC company facts linked to the latest 10-Q/10-K cycle.

See Original Filing

Latest SEC snapshot (2023-04-10) highlights Return On Equity -108.9%, Return On Assets -41.6%, and Operating Margin -103.2%.

Compare This Company Through SEC-backed Metrics

Use these links to compare ViewRay, Inc. against other SEC filers on the same metric, then verify the company history from the paired facts page.

Financial Quality Score

Transparent 0-100 scoring model based on profitability, financial health, and growth factors.

42.0/100

Caution Confidence high

Return On Equity

-109%

Metric score 0.0/100

Return On Assets

-42%

Metric score 0.0/100

Financial Health

Current Ratio
1.16x
Quick Ratio
0.77x
Debt to Equity
1.84x

Strengths

Current Ratio, Quick Ratio, and Revenues YoY

Watchpoints

Return On Equity, Return On Assets, and Operating Margin

Key metrics snapshot

Return On Equity

-109%

YoY: +56%

Industry median: -2.4% (n=46)

View history

Return On Assets

-42%

YoY: +12%

Industry median: -38% (n=46)

View history

Operating Margin

-103%

YoY: -29%

Industry median: -59% (n=32)

View history

Current Ratio

1.16x

YoY: -63%

Industry median: 1.7x (n=46)

View history

Quick Ratio

0.77x

YoY: -70%

Industry median: 1.04x (n=38)

View history

Debt-to-equity

1.84x

YoY: +82%

Industry median: 0.8x (n=33)

View history

Revenues YoY

44%

YoY:

Industry median: 18% (n=32)

View history

NetIncomeLoss YoY

-1.2%

YoY:

Industry median: -12% (n=45)

View history

Profitability

Metric Latest value YoY change
Return On Equity -109% +56%
Return On Assets -42% +12%
Operating Margin -103% -29%

Financial Health

Metric Latest value YoY change
Current Ratio 1.16x -63%
Quick Ratio 0.77x -70%
Debt-to-equity 1.84x +82%

Growth

Metric Latest value YoY change
Revenues YoY 44%
NetIncomeLoss YoY -1.2%

Share Metrics

Metric Latest value YoY change
Entity Common Stock, Shares Outstanding 183,389,623 +1.6%
Common Stock, Shares, Outstanding 183,384,069 +1.6%
Common Stock, Value, Issued $1,824,000 +1.7%
Weighted Average Number of Shares Outstanding, Basic 182,310,900 +1.4%
Weighted Average Number of Shares Outstanding, Diluted 182,310,900 +1.4%

Additional Metrics

Metric Latest value YoY change
Revenue from Contract with Customer, Excluding Assessed Tax $105,864,000 +44%
Research and Development Expense $33,189,000 -0.06%
Selling and Marketing Expense $31,595,000 +57%
General and Administrative Expense $51,205,000 -3.9%
Operating Income (Loss) $109,284,000 -2.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $110,415,000 -1.2%
Income Tax Expense (Benefit) $0
Earnings Per Share, Basic -1 +4.7%
Earnings Per Share, Diluted -1 +4.7%
Cash and Cash Equivalents, at Carrying Value $81,293,000 -55%
Accounts Receivable, after Allowance for Credit Loss, Current $47,527,000 +70%
Inventory, Net $42,192,000 +62%
Assets, Current $193,567,000 -23%
Property, Plant and Equipment, Net $19,039,000 -6.5%
Operating Lease, Right-of-Use Asset $5,401,000 -41%
Other Assets, Noncurrent $10,874,000 -9.3%
Assets $233,159,000 -22%
Accounts Payable, Current $25,216,000 +173%
Employee-related Liabilities, Current $12,622,000 +63%
Accrued Liabilities, Current $20,759,000 +13%
Contract with Customer, Liability, Current $23,949,000 +73%
Liabilities, Current $166,766,000 +109%
Contract with Customer, Liability, Noncurrent $2,395,000 -68%
Operating Lease, Liability, Noncurrent $4,441,000 -40%
Other Liabilities, Noncurrent $2,066,000 -27%
Liabilities $177,902,000 +18%
Retained Earnings (Accumulated Deficit) $873,321,000 -14%
Stockholders' Equity Attributable to Parent $55,257,000 -63%
Liabilities and Equity $233,159,000 -22%
Share-based Payment Arrangement, Noncash Expense $3,337,000 -34%
Increase (Decrease) in Accounts Receivable $6,575,000 +3.7%
Net Cash Provided by (Used in) Operating Activities $53,599,000 -66%
Net Cash Provided by (Used in) Financing Activities $2,185,000 -41%
Net Cash Provided by (Used in) Investing Activities $1,177,000 +3.4%
Common Stock, Shares Authorized 300,000,000 0%
Common Stock, Shares, Issued 183,384,069 +1.6%
Common Stock, Par or Stated Value Per Share 0.01 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $56,961,000 -62%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $85,534,000 -54%
Interest Paid, Excluding Capitalized Interest, Operating Activities $2,093,000 +156%
Depreciation $1,000,000 -17%
Payments to Acquire Property, Plant, and Equipment $1,177,000 -3.4%
Property, Plant and Equipment, Gross $57,749,000 +5.1%
Operating Lease, Liability, Current $2,931,000 +11%
Preferred Stock, Shares Issued 0
Preferred Stock, Shares Authorized 10,000,000 0%
Unrecognized Tax Benefits $4,000,000 +14%
Preferred Stock, Shares Outstanding 0
Share-based Payment Arrangement, Expense $19,913,000 -2.4%
Interest Expense $6,619,000 +56%
Preferred Stock, Par or Stated Value Per Share 0.01 0%

How we score

This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.

Metric Weight V1 threshold
ROIC205% to 20%
ROE158% to 25%
ROA102% to 10%
Operating Margin55% to 25%
Current Ratio121.0x to 2.0x
Quick Ratio80.8x to 1.5x
Debt to Equity100.3x to 2.0x (lower is better)
Revenue YoY10-10% to +20%
Net Income YoY10-10% to +20%

How Calculated (standard_v1)

Metrics are computed with a market-consensus convention designed for cross-portal comparability.

  • TTM Operating Income / TTM Revenues
  • Current Assets / Current Liabilities (latest instant quarter)
  • (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
  • Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
  • TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
  • TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
  • TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
  • TTM Revenues YoY
  • TTM Net Income YoY