Vertex Balance Sheet Health
Financial Health criteria checks 5/6
Vertex has a total shareholder equity of $253.0M and total debt of $46.6M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are $759.9M and $506.9M respectively.
Key information
18.4%
Debt to equity ratio
US$46.56m
Debt
Interest coverage ratio | n/a |
Cash | US$77.72m |
Equity | US$252.98m |
Total liabilities | US$506.95m |
Total assets | US$759.93m |
Recent financial health updates
Recent updates
Health Check: How Prudently Does Vertex (NASDAQ:VERX) Use Debt?
Apr 18Vertex: EPS Better Than Expected, Cloud Offerings, And Cheap
Mar 19A Look At The Fair Value Of Vertex, Inc. (NASDAQ:VERX)
Nov 13An Intrinsic Calculation For Vertex, Inc. (NASDAQ:VERX) Suggests It's 30% Undervalued
Aug 14Vertex, Inc. (NASDAQ:VERX) Investors Are Less Pessimistic Than Expected
May 22Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)
Apr 09Vertex, Inc. (NASDAQ:VERX) Shares Could Be 21% Below Their Intrinsic Value Estimate
Dec 29Vertex Growth Remains Challenged Despite Integration Push
Oct 01Is Vertex, Inc. (NASDAQ:VERX) Trading At A 34% Discount?
Aug 31Vertex: A Valuation Re-Rating Play Of A Non-Discretionary Business
Aug 27Vertex reports Q2 earnings; raises FY22 revenue guidance and issues Q3 outlook
Aug 09There's Been No Shortage Of Growth Recently For Vertex's (NASDAQ:VERX) Returns On Capital
Jul 30Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)
May 05Vertex: Nothing Too Special
Apr 04Returns Are Gaining Momentum At Vertex (NASDAQ:VERX)
Apr 03Financial Position Analysis
Short Term Liabilities: VERX's short term assets ($266.6M) do not cover its short term liabilities ($440.8M).
Long Term Liabilities: VERX's short term assets ($266.6M) exceed its long term liabilities ($66.2M).
Debt to Equity History and Analysis
Debt Level: VERX has more cash than its total debt.
Reducing Debt: VERX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VERX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VERX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 40.2% per year.