Vertex Change In Cash vs Net Borrowings Analysis

VERX Stock

USD 54.25 0.90 1.63%

Vertex financial indicator trend analysis is much more than just breaking down Vertex prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vertex is a good investment. Please check the relationship between Vertex Change In Cash and its Net Borrowings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vertex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Vertex Stock please use our How to Invest in Vertex guide.

Change In Cash vs Net Borrowings

Change In Cash vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vertex Change In Cash account and Net Borrowings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Vertex's Change In Cash and Net Borrowings is -0.43. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Vertex, assuming nothing else is changed. The correlation between historical values of Vertex's Change In Cash and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Vertex are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change In Cash i.e., Vertex's Change In Cash and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Change In Cash

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Most indicators from Vertex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vertex current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vertex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Vertex Stock please use our How to Invest in Vertex guide.Tax Provision is likely to rise to about 14.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 119.8 M in 2024.

	2023	2024 (projected)
Depreciation And Amortization	74.5M	53.3M
Interest Income	969.5K	899.1K

Depreciation And Amortization Interest Income

Vertex fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab
Total Assets		-0.14	0.93	0.93	0.98	-0.89	0.88	0.93	0.97	-0.31	0.96	0.87	0.39	0.95	0.48	0.48	-0.25	0.43	0.86	0.99	0.88	-0.44	0.84	0.99	0.9	0.94
Short Long Term Debt Total	-0.14		0.06	0.08	-0.3	-0.13	-0.12	0.14	0.05	0.87	-0.39	0.17	-0.8	0.08	0.46	-0.69	0.59	-0.77	0.21	-0.25	-0.28	0.63	-0.17	-0.22	0.24	0.09
Other Current Liab	0.93	0.06		0.98	0.86	-0.78	0.73	0.97	0.96	-0.02	0.83	0.9	0.09	0.97	0.55	0.26	-0.17	0.14	0.84	0.87	0.87	-0.36	0.87	0.89	0.98	0.93
Total Current Liabilities	0.93	0.08	0.98		0.85	-0.82	0.8	0.92	0.98	-0.08	0.81	0.94	0.17	0.93	0.64	0.23	-0.3	0.22	0.9	0.87	0.91	-0.47	0.84	0.88	0.97	0.97
Total Stockholder Equity	0.98	-0.3	0.86	0.85		-0.86	0.88	0.86	0.91	-0.46	0.99	0.79	0.53	0.9	0.37	0.6	-0.3	0.56	0.79	1.0	0.86	-0.49	0.81	1.0	0.81	0.88
Other Liab	-0.89	-0.13	-0.78	-0.82	-0.86		-0.93	-0.83	-0.91	0.19	-0.8	-0.84	-0.31	-0.84	-0.64	-0.29	0.08	-0.36	-0.92	-0.88	-0.68	0.22	-0.62	-0.89	-0.84	-0.91
Net Tangible Assets	0.88	-0.12	0.73	0.8	0.88	-0.93		0.73	0.88	-0.4	0.86	0.77	0.53	0.75	0.66	0.36	-0.34	0.57	0.85	0.88	0.77	-0.44	0.61	0.89	0.77	0.86
Property Plant And Equipment Net	0.93	0.14	0.97	0.92	0.86	-0.83	0.73		0.94	0.01	0.83	0.84	0.06	0.99	0.49	0.31	0.0	0.11	0.8	0.87	0.77	-0.18	0.79	0.89	0.96	0.89
Current Deferred Revenue	0.97	0.05	0.96	0.98	0.91	-0.91	0.88	0.94		-0.14	0.87	0.94	0.24	0.95	0.64	0.28	-0.23	0.29	0.93	0.93	0.88	-0.4	0.83	0.94	0.97	0.99
Net Debt	-0.31	0.87	-0.02	-0.08	-0.46	0.19	-0.4	0.01	-0.14		-0.51	0.0	-0.98	-0.03	0.31	-0.82	0.7	-0.97	-0.04	-0.42	-0.42	0.71	-0.12	-0.4	0.09	-0.15
Retained Earnings	0.96	-0.39	0.83	0.81	0.99	-0.8	0.86	0.83	0.87	-0.51		0.71	0.57	0.86	0.32	0.65	-0.33	0.6	0.7	0.97	0.85	-0.49	0.78	0.97	0.76	0.81
Accounts Payable	0.87	0.17	0.9	0.94	0.79	-0.84	0.77	0.84	0.94	0.0	0.71		0.08	0.88	0.73	0.04	-0.17	0.13	0.98	0.83	0.78	-0.38	0.87	0.83	0.93	0.96
Cash	0.39	-0.8	0.09	0.17	0.53	-0.31	0.53	0.06	0.24	-0.98	0.57	0.08		0.1	-0.16	0.78	-0.72	1.0	0.15	0.49	0.49	-0.72	0.14	0.47	0.01	0.25
Non Current Assets Total	0.95	0.08	0.97	0.93	0.9	-0.84	0.75	0.99	0.95	-0.03	0.86	0.88	0.1		0.5	0.31	-0.01	0.14	0.84	0.91	0.78	-0.23	0.86	0.92	0.96	0.91
Non Currrent Assets Other	0.48	0.46	0.55	0.64	0.37	-0.64	0.66	0.49	0.64	0.31	0.32	0.73	-0.16	0.5		-0.46	-0.01	-0.12	0.78	0.42	0.39	-0.06	0.46	0.43	0.68	0.65
Other Assets	0.48	-0.69	0.26	0.23	0.6	-0.29	0.36	0.31	0.28	-0.82	0.65	0.04	0.78	0.31	-0.46		-0.44	0.79	0.05	0.54	0.5	-0.48	0.2	0.54	0.13	0.26
Long Term Debt	-0.25	0.59	-0.17	-0.3	-0.3	0.08	-0.34	0.0	-0.23	0.7	-0.33	-0.17	-0.72	-0.01	-0.01	-0.44		-0.72	-0.14	-0.27	-0.63	0.95	-0.15	-0.26	-0.09	-0.26
Cash And Short Term Investments	0.43	-0.77	0.14	0.22	0.56	-0.36	0.57	0.11	0.29	-0.97	0.6	0.13	1.0	0.14	-0.12	0.79	-0.72		0.2	0.53	0.52	-0.72	0.17	0.51	0.06	0.29
Net Receivables	0.86	0.21	0.84	0.9	0.79	-0.92	0.85	0.8	0.93	-0.04	0.7	0.98	0.15	0.84	0.78	0.05	-0.14	0.2		0.84	0.73	-0.33	0.77	0.84	0.9	0.96
Common Stock Total Equity	0.99	-0.25	0.87	0.87	1.0	-0.88	0.88	0.87	0.93	-0.42	0.97	0.83	0.49	0.91	0.42	0.54	-0.27	0.53	0.84		0.86	-0.48	0.84	1.0	0.83	0.91
Common Stock Shares Outstanding	0.88	-0.28	0.87	0.91	0.86	-0.68	0.77	0.77	0.88	-0.42	0.85	0.78	0.49	0.78	0.39	0.5	-0.63	0.52	0.73	0.86		-0.75	0.75	0.86	0.8	0.86
Non Current Liabilities Total	-0.44	0.63	-0.36	-0.47	-0.49	0.22	-0.44	-0.18	-0.4	0.71	-0.49	-0.38	-0.72	-0.23	-0.06	-0.48	0.95	-0.72	-0.33	-0.48	-0.75		-0.43	-0.46	-0.26	-0.44
Other Current Assets	0.84	-0.17	0.87	0.84	0.81	-0.62	0.61	0.79	0.83	-0.12	0.78	0.87	0.14	0.86	0.46	0.2	-0.15	0.17	0.77	0.84	0.75	-0.43		0.82	0.81	0.81
Other Stockholder Equity	0.99	-0.22	0.89	0.88	1.0	-0.89	0.89	0.89	0.94	-0.4	0.97	0.83	0.47	0.92	0.43	0.54	-0.26	0.51	0.84	1.0	0.86	-0.46	0.82		0.85	0.91
Total Liab	0.9	0.24	0.98	0.97	0.81	-0.84	0.77	0.96	0.97	0.09	0.76	0.93	0.01	0.96	0.68	0.13	-0.09	0.06	0.9	0.83	0.8	-0.26	0.81	0.85		0.95
Deferred Long Term Liab	0.94	0.09	0.93	0.97	0.88	-0.91	0.86	0.89	0.99	-0.15	0.81	0.96	0.25	0.91	0.65	0.26	-0.26	0.29	0.96	0.91	0.86	-0.44	0.81	0.91	0.95

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Vertex Account Relationship Matchups

Vertex fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	264.6M	554.9M	670.2M	719.2M	759.9M	583.7M
Short Long Term Debt Total	51.5M	1.1M	28.6M	73.5M	67.0M	50.7M
Other Current Liab	81.3M	71.2M	109.8M	107.1M	111.6M	99.7M
Total Current Liabilities	334.5M	292.0M	369.1M	403.2M	440.8M	381.0M
Total Stockholder Equity	(112.4M)	225.5M	230.1M	229.7M	253.0M	130.9M
Other Liab	59.2M	37.2M	46.6M	19.1M	17.2M	34.4M
Net Tangible Assets	(161.9M)	174.8M	(76.1M)	190.7M	219.3M	230.3M
Property Plant And Equipment Net	54.7M	56.6M	118.6M	133.0M	115.3M	96.7M
Current Deferred Revenue	191.7M	207.6M	237.3M	268.8M	290.1M	249.3M
Net Debt	(24.4M)	(301.9M)	(44.7M)	(18.3M)	(1.2M)	(1.3M)
Retained Earnings	(90.7M)	21.9M	24.8M	12.5M	(586K)	(615.3K)
Accounts Payable	10.7M	8.9M	13M	14.3M	23.6M	14.2M
Cash	75.9M	303.1M	73.3M	91.8M	68.2M	89.1M
Non Current Assets Total	99.1M	152.2M	474.5M	478.0M	493.3M	326.3M
Non Currrent Assets Other	12.3M	3.3M	1.9M	18.1M	37.3M	39.1M
Other Assets	12.3M	77.0M	49.8M	49.0M	1.0	0.95
Cash And Short Term Investments	75.9M	303.1M	73.3M	103.0M	77.7M	91.8M
Net Receivables	70.4M	77.2M	76.9M	102.9M	141.8M	97.4M
Common Stock Shares Outstanding	146.2M	146.4M	147.8M	149.6M	151.9M	136.1M
Liabilities And Stockholders Equity	264.6M	554.9M	670.2M	719.2M	759.9M	583.7M
Non Current Liabilities Total	42.5M	37.5M	71.0M	86.3M	66.2M	71.8M
Other Current Assets	19.3M	22.5M	45.4M	20.4M	47.1M	31.0M
Other Stockholder Equity	(21.3M)	206.5M	222.6M	244.8M	275.2M	165.8M
Total Liab	377.1M	329.4M	440.1M	489.5M	506.9M	452.8M
Deferred Long Term Liab	11.2M	11.7M	12.6M	15.5M	17.8M	13.2M
Net Invested Capital	(60.9M)	225.5M	230.1M	278.6M	299.5M	167.9M
Total Current Assets	165.6M	402.7M	195.7M	241.2M	266.6M	257.4M
Accumulated Other Comprehensive Income	(491K)	(3.1M)	(17.5M)	(27.8M)	(21.7M)	(20.7M)
Net Working Capital	(169.0M)	110.7M	(173.5M)	(162.0M)	(174.2M)	(182.9M)
Short Term Debt	50.8M	1.8M	8.4M	10.6M	10.1M	11.5M
Intangible Assets	32.1M	32.0M	36.1M	296.0M	41.2M	39.1M
Property Plant Equipment	54.7M	56.6M	118.6M	115.8M	133.1M	86.9M

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Vertex Change In Cash vs Net Borrowings Analysis

Change In Cash vs Net Borrowings

Change In Cash vs Net Borrowings Correlation Analysis

Correlation Coefficient

Change In Cash

Net Borrowings

Vertex fundamental ratios Correlations

Vertex Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Vertex fundamental ratios Accounts

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Additional Tools for Vertex Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Total Equity	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Other Stockholder Equity	+ 1.0	Common Stock Total Equity
Common Stock Total Equity	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Assets

Cash	- 0.98	Net Debt
Cash And Short Term Investments	- 0.97	Net Debt
Net Tangible Assets	- 0.93	Other Liab
Net Receivables	- 0.92	Other Liab
Deferred Long Term Liab	- 0.91	Other Liab
Current Deferred Revenue	- 0.91	Other Liab