GURUFOCUS.COM » STOCK LIST » Technology » Software » Vertex Inc (NAS:VERX) » Definitions » Equity-to-Asset

Vertex (Vertex) Equity-to-Asset : 0.33 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Vertex Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vertex's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $250.1 Mil. Vertex's Total Assets for the quarter that ended in Mar. 2024 was $755.8 Mil. Therefore, Vertex's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.33.

The historical rank and industry rank for Vertex's Equity-to-Asset or its related term are showing as below:

VERX' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.17   Med: 0.32   Max: 0.42
Current: 0.33

During the past 6 years, the highest Equity to Asset Ratio of Vertex was 0.42. The lowest was -1.17. And the median was 0.32.

VERX's Equity-to-Asset is ranked worse than
73.8% of 2851 companies
in the Software industry
Industry Median: 0.54 vs VERX: 0.33

Vertex Equity-to-Asset Historical Data

The historical data trend for Vertex's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vertex Equity-to-Asset Chart

Vertex Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial -0.43 0.41 0.34 0.32 0.33

Vertex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.31 0.31 0.33 0.33

Competitive Comparison of Vertex's Equity-to-Asset

For the Software - Application subindustry, Vertex's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vertex's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Vertex's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Vertex's Equity-to-Asset falls into.



Vertex Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Vertex's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=252.981/759.927
=0.33

Vertex's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=250.13/755.802
=0.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vertex  (NAS:VERX) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Vertex Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Vertex's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Vertex (Vertex) Business Description

Traded in Other Exchanges
Address
2301 Renaissance Boulevard, King of Prussia, PA, USA, 19406
Vertex Inc is a provider of tax technology and services. It enables companies to realize the full strategic potential of the tax function by automating and integrating tax processes while leveraging advanced and predictive analytics of tax data. Vertex provides cloud-based and on-premise solutions to specific industries for every line of tax, including income, sales, consumer use, value-added, and payroll. The company offers solutions such as tax determination, Tax Data Management, document management, and compliance and reporting among others. The company derives revenue from software subscriptions.
Executives
John R Schwab officer: Chief Financial Officer C/O NCO GROUP, INC., 507 PRUDENTIAL ROAD, HORSHAM PA 19044
Item Second Irr. Trust Fbo Jacob J. Westphal U/a Of Jeffrey R. Westphal Dated October 5, 2001 10 percent owner, other: 13(d) Group Member C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Item Second Irr. Trust Fbo Anne Marie Westphal U/a Of Jeffrey R. Westphal Dated October 5, 2001 10 percent owner, other: 13(d) Group Member C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Eric C. Andersen director C/O AMERICAN PUBLIC EDUCATION, INC., 111 W. CONGRESS STREET, CHARLES TOWN WV 25414
Jeffery Westphal director, 10 percent owner C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Item Second Irr. Trust Fbo Kyle R. Westphal U/a Of Jeffrey R. Westphal Dated October 5, 2001 10 percent owner, other: 13(d) Group Member C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Tensile Capital Management Lp 10 percent owner 700 LARKSPUR LANDING CIRCLE, SUITE 255, LARKSPUR CA 94939
John Richard Stamm director C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Lisa Butler officer: Chief Accounting Officer C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
David Destefano director, officer: President & CEO C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Rowland Bryan T.r. officer: General Counsel 101 WOLF DRIVE, THOROFARE NJ 08086
Kevin L Robert director 501 KANSAS AVENUE, KANSAS CITY KS 66105
Philip Seth Saunders director 13 MAPLE KNOLL LANE, MANALAPAN NJ 07726
Amanda Westphal Radcliffe director, 10 percent owner C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Bradley M Gayton director ONE COCA-COLA PLAZA, ATLANTA GA 30313