Vertex Balance Sheet Health
Financial Health criteria checks 5/6
Vertex has a total shareholder equity of $179.4M and total debt of $335.2M, which brings its debt-to-equity ratio to 186.9%. Its total assets and total liabilities are $1.2B and $987.4M respectively. Vertex's EBIT is $18.8M making its interest coverage ratio -4.6. It has cash and short-term investments of $305.2M.
Key information
186.9%
Debt to equity ratio
US$335.22m
Debt
| Interest coverage ratio | -4.6x |
| Cash | US$305.21m |
| Equity | US$179.35m |
| Total liabilities | US$987.44m |
| Total assets | US$1.17b |
Recent financial health updates
Recent updates
Vertex's (NASDAQ:VERX) Returns On Capital Are Heading Higher
Apr 07
Vertex: Expectations Reset With Improved Fundamentals (Rating Upgrade)
Mar 26Vertex, Inc. (NASDAQ:VERX) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Feb 26Does Vertex (NASDAQ:VERX) Have A Healthy Balance Sheet?
Feb 07Vertex: Risky Valuation Amid Shaky Organic Growth
Jan 21Vertex, Inc.'s (NASDAQ:VERX) Shares Climb 28% But Its Business Is Yet to Catch Up
Nov 22Vertex, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Nov 09There's Been No Shortage Of Growth Recently For Vertex's (NASDAQ:VERX) Returns On Capital
Oct 24
Ecosio Integration And AI Advancements Propel The Company Into A Global Tax Compliance Leader
Aug 29 Integrating ecosio's technology and acquiring AI capabilities signal strong potential for new market opportunities and enhanced operational efficiencies, aiming at revenue and subscription growth.Vertex, Inc.: Growth Momentum Continues With FCF Conversion Rates Inflecting Upwards
Aug 21Vertex's (NASDAQ:VERX) Performance Is Even Better Than Its Earnings Suggest
Aug 14Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)
Aug 02Pinning Down Vertex, Inc.'s (NASDAQ:VERX) P/S Is Difficult Right Now
Jun 10Vertex: EPS Better Than Expected, Cloud Offerings, And Cheap
Mar 19Vertex Growth Remains Challenged Despite Integration Push
Oct 01Financial Position Analysis
Short Term Liabilities: VERX's short term assets ($536.3M) do not cover its short term liabilities ($537.4M).
Long Term Liabilities: VERX's short term assets ($536.3M) exceed its long term liabilities ($450.1M).
Debt to Equity History and Analysis
Debt Level: VERX's net debt to equity ratio (16.7%) is considered satisfactory.
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, due to free cash flow being positive and growing by 0.6% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/24 17:52 |
| End of Day Share Price | 2025/04/24 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Vertex, Inc. is covered by 19 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Oliver | Baird |
| Andrew DeGasperi | Berenberg |
| Daniel Jester | BMO Capital Markets Equity Research |