Vertex, Inc.

Vertex, Inc.verified

VERX

Price:

$53.53

Market Cap:

$8.35B

Vertex, Inc. provides tax technology solutions for corporations in retail, communication, leasing, and manufacturing industries in the United States and internationally. It offers tax determination, compliance and reporting, tax data management, document management, pre-built integration, and industry-specific solutions. The company sells its software products through software license and software as a service subscriptions. It also provides implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing, and other tax-related services. Vertex, Inc. was founded in 1978 and is headquartered in King of Prussia, Pennsylva...[Read more]

Industry

Software - Application

IPO Date

2020-07-29

Stock Exchange

NASDAQ

Ticker

VERX

The Current Ratio as of December 2024 (TTM) for Vertex, Inc. (VERX) is 1.04

According to Vertex, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.04. This represents a change of 22.34% compared to the average of 0.85 of the last 4 quarters.

Vertex, Inc. (VERX) Historical Current Ratio (quarterly & annually)

How has VERX Current Ratio performed in the past?

The mean historical Current Ratio of Vertex, Inc. over the last ten years is 0.69. The current 1.04 Current Ratio has changed 14.91% with respect to the historical average. Over the past ten years (40 quarters), VERX's Current Ratio was at its highest in in the December 2020 quarter at 1.38. The Current Ratio was at its lowest in in the March 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

0.69

Median

0.58

Minimum

0.49

Maximum

1.38

Vertex, Inc. (VERX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Vertex, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 178.69%

Maximum Annual Current Ratio = 1.38

Minimum Annual Increase = -61.57%

Minimum Annual Current Ratio = 0.49

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.601.12%
20220.6012.85%
20210.53-61.57%
20201.38178.69%
20190.49-10.70%

Vertex, Inc. (VERX) Average Current Ratio

How has VERX Current Ratio performed in the past?

The current Current Ratio of Vertex, Inc. (VERX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.58

5-year avg

0.72

10-year avg

0.69

Vertex, Inc. (VERX) Current Ratio vs. Peers

How is VERX’s Current Ratio compared to its peers?

Vertex, Inc.’s Current Ratio is less than Expensify, Inc. (2.87), less than Clearwater Analytics Holdings, Inc. (4.66), less than Sprinklr, Inc. (1.74), less than Alkami Technology, Inc. (3.52), greater than Envestnet, Inc. (0.59), less than Model N, Inc. (3.82), less than MeridianLink, Inc. (1.86), greater than PowerSchool Holdings, Inc. (0.27), greater than Momentive Global Inc. (0.91), less than PROS Holdings, Inc. (1.28), less than MiX Telematics Limited (1.22), less than Enfusion, Inc. (3.62), less than nCino, Inc. (1.95), less than DoubleVerify Holdings, Inc. (6.57), less than CS Disco, Inc. (7.49), less than Guidewire Software, Inc. (2.66),

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