Vertex's Total Assets for the quarter that ended in Dec. 2024 was $1,166.8 Mil.
Warning Sign:
If a company builds assets at 35.3% a year, faster than its revenue growth rate of 11.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Vertex's average Total Assets Growth Rate was 26.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 13.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 35.30% per year.
During the past 7 years, Vertex's highest 3-Year average Total Assets Growth Rate was 55.30%. The lowest was 13.00%. And the median was 43.55%.
Total Assets is connected with ROA %. Vertex's annualizedROA % for the quarter that ended in Dec. 2024 was -23.01%. Total Assets is also linked to Revenue through Asset Turnover. Vertex's Asset Turnover for the quarter that ended in Dec. 2024 was 0.15.
Vertex Total Assets Historical Data
The historical data trend for Vertex's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Vertex's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
Note:
The Net Income data used here is four times the quarterly (Dec. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Vertex's Asset Turnover for the quarter that ended in Dec. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Vertex Total Assets Related Terms
Thank you for viewing the detailed overview of Vertex's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Vertex Inc is a provider of tax technology and services. Its software, content, and services help customers stay in compliance with indirect taxes that occur in taxing jurisdictions all over the world. 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VERX has been successfully added to your 