Research / VREX / Fundamental state Inspectable configuration
State dimensions Filing 0001681622-25-000108 General Corporate
Debt relative to revenue 0th Own-history percentile · N=10
Evidence method Level · gp.fundamentals.debt_to_revenue
43.51% · OPTIONAL · VALID
Capex intensity 50th Own-history percentile · N=10
Evidence method Level · gp.fundamentals.capex_revenue_ratio
2.71% · OPTIONAL · VALID
Operating cash generation 40th Own-history percentile · N=10
Evidence method Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
4.94% · OPTIONAL · VALID
Revenue growth RAW Current state valid · history insufficient
Evidence method Yoy · gp.fundamentals.revenue
4.14% · CORE · NOT_ENOUGH_HISTORY
Inventory pressure 20th Own-history percentile · N=10
Evidence method Level · gp.fundamentals.inventory_revenue_ratio
35.45% · OPTIONAL · VALID
Gross margin 90th Own-history percentile · N=10
Evidence method Level · gp.fundamentals.gross_margin
34.39% · CORE · VALID
Operating margin 10th Own-history percentile · N=10
Evidence method Level · gp.fundamentals.operating_margin
-3.29% · CORE · VALID
R&D intensity 70th Own-history percentile · N=10
Evidence method Ratio · gp.fundamentals.rnd + gp.fundamentals.revenue
10.79% · OPTIONAL · VALID
SBC intensity 30th Own-history percentile · N=10
Evidence method Level · gp.fundamentals.sbc_revenue_ratio
1.78% · OPTIONAL · VALID
As-filed lineage Fundamental state history Each observation is tied to the filing and facts available at that report date. Amendments remain separate.
History 14 states History building
Mar 31, 2023 0/8 normalized Level 3 Jun 30, 2023 0/8 normalized Level 3 Sep 29, 2023 0/8 normalized Level 3 Dec 29, 2023 0/8 normalized Level 3 Mar 29, 2024 0/9 normalized Level 3 Jun 28, 2024 0/9 normalized Level 3 Sep 27, 2024 0/9 normalized Level 3 Jan 3, 2025 0/9 normalized Level 3 Apr 4, 2025 8/9 normalized Level 3 Jul 4, 2025 8/9 normalized Level 3 Oct 3, 2025 8/9 normalized Level 3 Jan 2, 2026 8/9 normalized Level 3 Apr 3, 2026 9/9 normalized Level 3 Jul 3, 2026 9/9 normalized Level 3 Period transition
What moved in the state? Balance Sheet Leverage Decreased
Previous 181.03%
Current 43.51%
Delta -137.52% Capex Intensity Decreased
Previous 3.10%
Current 2.71%
Delta -0.39% Cash Generation Increased
Previous 3.79%
Current 4.94%
Delta 1.14% Growth Increased
Previous -2.92%
Current 4.14%
Delta 7.06% Inventory Pressure Decreased
Previous 147.14%
Current 35.45%
Delta -111.69% Margin Increased
Previous 33.25%
Current 34.39%
Delta 1.14% Profitability Increased
Previous -39.75%
Current -3.29%
Delta 36.46% R And D Intensity Increased
Previous 10.54%
Current 10.79%
Delta 0.24% Sbc Intensity Decreased
Previous 1.82%
Current 1.78%
Delta -0.05% Self-history only Previous similar states Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.
Not enough compatible prior states for a transparent self-history match.
Research Graph
Related governed research Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.