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Vertex Inc   (VERX)
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    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology

Vertex Inc 's Long Term Debt to Equity

VERX's quarterly Long Term Debt to Equity and Long Term Debt, Equity growth


Despite a net increase in long-term borrowings by 0.17%, Vertex Inc managed to enhance Long Term Debt to Equity in the third quarter 2024 to 1.29, surpassing the average for Vertex Inc 's Long Term Debt to Equity.

Within Software & Programming industry in the third quarter 2024, 52 other companies have achieved lower Long Term Debt to Equity than Vertex Inc in the III Quarter 2024. While Long Term Debt to Equity total ranking has deteriorated compared to the second quarter 2024 from 1373 to 1808 .

Explain Long Term Debt to Equity Ratio?
How much Long Term Debt VERX´s has?
What is the structure of VERX´s Equity?


VERX Long Term Debt to Equity (Sep 30 2024)
III. Quarter
(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Equity Change 14.76 % 4.32 % 8.88 % 2.86 % 2.3 %
Y / Y Long Term Debt Change 635.86 % 624.82 % -6.96 % -5.2 % -5.13 %
Long Term Debt to Equity MRQ 1.29 1.43 0.17 0.2 0.2
VERX's Total Ranking # 1808 # 1373 # 452 # 387 #
Seq. Equity Change 11.11 % -6.8 % 13.61 % -2.46 % 1 %
Seq. Long Term Debt Change 0.17 % 668.77 % -3.13 % -1.35 % -1.33 %



Long Term Debt to Equity third quarter 2024 Company Ranking
Within: No.
Software & Programming Industry # 53
Technology Sector # 200
Overall Market # 1808


Long Term Debt to Equity Statistics
High Average Low
1.43 0.36 0
(Jun 30 2024)   (Dec 31 2020)




Financial Statements
Vertex Inc 's Equity $ 259 Millions Visit VERX's Balance sheet
Vertex Inc 's Long Term Debt $ 335 Millions Visit VERX's Balance sheet
Source of VERX's Sales Visit VERX's Sales by Geography


Cumulative Vertex Inc 's Long Term Debt to Equity

VERX's Long Term Debt to Equity for the trailling 12 Months

VERX Long Term Debt to Equity

(Sep 30 2024)
III. Quarter
(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Equity TTM Growth 14.76 % 4.32 % 8.88 % 2.86 % 2.3 %
Y / Y Long Term Debt TTM Growth 635.86 % 624.82 % -6.96 % -5.2 % -5.13 %
Long Term Debt to Equity TTM 0.79 0.5 0.2 0.2 0.21
Total Ranking TTM # 1806 # 1660 # 31 # 867 #
Seq. Equity TTM Growth 11.11 % -6.8 % 13.61 % -2.46 % 1 %
Seq. Long Term Debt TTM Growth 0.17 % 668.77 % -3.13 % -1.35 % -1.33 %


On the trailing twelve months basis Due to the net new long-term borrowings of 0.17% during the trailing twelve months finishing in the III Quarter 2024, cumulativeLong Term Debt to Equity improved to 0.79, a new company high.
Long Term Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Software & Programming industry 55, during the past 12 months, other companies have achieved lower Long Term Debt to Equity than Vertex Inc . While Long Term Debt to Equity total ranking has deteriorated during the twelve months ending in the III Quarter 2024, compared to the prior period, from 1660 to 1806.

Explain Long Term Debt to Equity Ratio?
How much Long Term Debt VERX´s has?
What is the structure of VERX´s Equity?

TTM Long Term Debt to Equity Company Ranking
Within: No.
Within the Software & Programming Industry # 56
Technology Sector # 201
Within the Market # 1806


trailing twelve months Long Term Debt to Equity Statistics
High Average Low
0.79 0.27 0
(Sep 30 2024)   (Sep 30 2021)




Companies with similar Long Term Debt to Equity in the quarter ending Sep 30 2024, within Software & Programming Industry Long Term Debt to EquitySep 30 2024 MRQ Long Term DebtSep 30 2024 MRQ Equity
Pagerduty Inc   3.52 $ 392.697  Millions$ 111.596  Millions
Gen Digital Inc   3.40 $ 7,137.000  Millions$ 2,098.000  Millions
Blackline Inc   2.42 $ 891.826  Millions$ 367.911  Millions
Bigbear ai Holdings Inc   1.99 $ 195.738  Millions$ 98.433  Millions
Progress Software Corp  1.87 $ 795.282  Millions$ 425.612  Millions
Blackbaud Inc   1.79 $ 977.019  Millions$ 544.327  Millions
Alarm com Holdings Inc   1.42 $ 981.977  Millions$ 690.301  Millions
Cerence Inc   1.38 $ 194.812  Millions$ 141.097  Millions
Bentley Systems Incorporated  1.37 $ 1,418.870  Millions$ 1,034.010  Millions
Cloudflare Inc   1.32 $ 1,286.332  Millions$ 973.090  Millions
Vertex Inc   1.29 $ 334.656  Millions$ 259.026  Millions
Kaltura Inc   1.26 $ 30.481  Millions$ 24.141  Millions
Confluent Inc   1.17 $ 1,091.183  Millions$ 934.318  Millions
Microstrategy Incorporated  1.12 $ 4,211.949  Millions$ 3,773.649  Millions
Meridianlink inc   1.11 $ 466.137  Millions$ 418.322  Millions
Varonis Systems Inc   1.05 $ 449.759  Millions$ 428.560  Millions
Ss and c Technologies Holdings Inc   1.04 $ 7,155.600  Millions$ 6,888.100  Millions
Q2 Holdings Inc   0.99 $ 491.951  Millions$ 495.117  Millions
3d Systems Corporation  0.97 $ 211.682  Millions$ 218.032  Millions
Atlassian Corporation  0.96 $ 986.345  Millions$ 1,028.834  Millions
Instructure Holdings Inc   0.90 $ 1,138.510  Millions$ 1,263.253  Millions
Tenable Holdings Inc   0.88 $ 357.334  Millions$ 404.555  Millions
Solarwinds Corp  0.88 $ 1,195.846  Millions$ 1,364.363  Millions
Great Elm Group Inc   0.85 $ 61.085  Millions$ 71.584  Millions
Bandwidth Inc   0.83 $ 280.972  Millions$ 336.575  Millions
Snowflake Inc   0.77 $ 2,269.459  Millions$ 2,934.409  Millions
Autodesk Inc   0.76 $ 1,986.000  Millions$ 2,616.000  Millions
Informatica Inc   0.75 $ 1,794.259  Millions$ 2,407.696  Millions
Zoominfo Technologies Inc   0.73 $ 1,222.900  Millions$ 1,668.400  Millions
Aci Worldwide Inc   0.72 $ 959.387  Millions$ 1,329.630  Millions

Date modified: 2024-11-07T17:11:15+00:00



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