Vertex Non Current Liabilities Total vs Net Receivables Analysis

VERX Stock  USD 54.88  1.05  1.95%   
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 Non Current Liabilities Total and its Net Receivables 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.

Non Current Liabilities Total vs Net Receivables

Non Current Liabilities Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vertex Non Current Liabilities Total account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Vertex's Non Current Liabilities Total and Net Receivables is -0.33. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Vertex, assuming nothing else is changed. The correlation between historical values of Vertex's Non Current Liabilities Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Vertex are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Liabilities Total i.e., Vertex's Non Current Liabilities Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Net Receivables

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.At this time, Vertex's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 75.40 in 2024, whereas Selling General Administrative is likely to drop slightly above 119.8 M in 2024.
 2023 2024 (projected)
Depreciation And Amortization15.2M14.4M
Interest Income969.5K899.1K

Vertex fundamental ratios Correlations

-0.140.930.930.98-0.890.880.930.97-0.310.960.870.390.950.480.48-0.250.430.860.990.88-0.440.840.990.90.94
-0.140.060.08-0.3-0.13-0.120.140.050.87-0.390.17-0.80.080.46-0.690.59-0.770.21-0.25-0.280.63-0.17-0.220.240.09
0.930.060.980.86-0.780.730.970.96-0.020.830.90.090.970.550.26-0.170.140.840.870.87-0.360.870.890.980.93
0.930.080.980.85-0.820.80.920.98-0.080.810.940.170.930.640.23-0.30.220.90.870.91-0.470.840.880.970.97
0.98-0.30.860.85-0.860.880.860.91-0.460.990.790.530.90.370.6-0.30.560.791.00.86-0.490.811.00.810.88
-0.89-0.13-0.78-0.82-0.86-0.93-0.83-0.910.19-0.8-0.84-0.31-0.84-0.64-0.290.08-0.36-0.92-0.88-0.680.22-0.62-0.89-0.84-0.91
0.88-0.120.730.80.88-0.930.730.88-0.40.860.770.530.750.660.36-0.340.570.850.880.77-0.440.610.890.770.86
0.930.140.970.920.86-0.830.730.940.010.830.840.060.990.490.310.00.110.80.870.77-0.180.790.890.960.89
0.970.050.960.980.91-0.910.880.94-0.140.870.940.240.950.640.28-0.230.290.930.930.88-0.40.830.940.970.99
-0.310.87-0.02-0.08-0.460.19-0.40.01-0.14-0.510.0-0.98-0.030.31-0.820.7-0.97-0.04-0.42-0.420.71-0.12-0.40.09-0.15
0.96-0.390.830.810.99-0.80.860.830.87-0.510.710.570.860.320.65-0.330.60.70.970.85-0.490.780.970.760.81
0.870.170.90.940.79-0.840.770.840.940.00.710.080.880.730.04-0.170.130.980.830.78-0.380.870.830.930.96
0.39-0.80.090.170.53-0.310.530.060.24-0.980.570.080.1-0.160.78-0.721.00.150.490.49-0.720.140.470.010.25
0.950.080.970.930.9-0.840.750.990.95-0.030.860.880.10.50.31-0.010.140.840.910.78-0.230.860.920.960.91
0.480.460.550.640.37-0.640.660.490.640.310.320.73-0.160.5-0.46-0.01-0.120.780.420.39-0.060.460.430.680.65
0.48-0.690.260.230.6-0.290.360.310.28-0.820.650.040.780.31-0.46-0.440.790.050.540.5-0.480.20.540.130.26
-0.250.59-0.17-0.3-0.30.08-0.340.0-0.230.7-0.33-0.17-0.72-0.01-0.01-0.44-0.72-0.14-0.27-0.630.95-0.15-0.26-0.09-0.26
0.43-0.770.140.220.56-0.360.570.110.29-0.970.60.131.00.14-0.120.79-0.720.20.530.52-0.720.170.510.060.29
0.860.210.840.90.79-0.920.850.80.93-0.040.70.980.150.840.780.05-0.140.20.840.73-0.330.770.840.90.96
0.99-0.250.870.871.0-0.880.880.870.93-0.420.970.830.490.910.420.54-0.270.530.840.86-0.480.841.00.830.91
0.88-0.280.870.910.86-0.680.770.770.88-0.420.850.780.490.780.390.5-0.630.520.730.86-0.750.750.860.80.86
-0.440.63-0.36-0.47-0.490.22-0.44-0.18-0.40.71-0.49-0.38-0.72-0.23-0.06-0.480.95-0.72-0.33-0.48-0.75-0.43-0.46-0.26-0.44
0.84-0.170.870.840.81-0.620.610.790.83-0.120.780.870.140.860.460.2-0.150.170.770.840.75-0.430.820.810.81
0.99-0.220.890.881.0-0.890.890.890.94-0.40.970.830.470.920.430.54-0.260.510.841.00.86-0.460.820.850.91
0.90.240.980.970.81-0.840.770.960.970.090.760.930.010.960.680.13-0.090.060.90.830.8-0.260.810.850.95
0.940.090.930.970.88-0.910.860.890.99-0.150.810.960.250.910.650.26-0.260.290.960.910.86-0.440.810.910.95
Click cells to compare fundamentals

Vertex Account Relationship Matchups

Vertex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets264.6M554.9M670.2M719.2M759.9M583.7M
Short Long Term Debt Total51.5M1.1M28.6M73.5M67.0M50.7M
Other Current Liab81.3M71.2M109.8M107.1M111.6M99.7M
Total Current Liabilities334.5M292.0M369.1M403.2M440.8M381.0M
Total Stockholder Equity(112.4M)225.5M230.1M229.7M253.0M130.9M
Other Liab59.2M37.2M46.6M19.1M17.2M34.4M
Net Tangible Assets(161.9M)174.8M(76.1M)190.7M219.3M230.3M
Property Plant And Equipment Net54.7M56.6M118.6M133.0M115.3M96.7M
Current Deferred Revenue191.7M207.6M237.3M268.8M290.1M249.3M
Net Debt(24.4M)(301.9M)(44.7M)(18.3M)(1.2M)(1.3M)
Retained Earnings(90.7M)21.9M24.8M12.5M(586K)(615.3K)
Accounts Payable10.7M8.9M13M14.3M23.6M14.2M
Cash75.9M303.1M73.3M91.8M68.2M89.1M
Non Current Assets Total99.1M152.2M474.5M478.0M493.3M326.3M
Non Currrent Assets Other12.3M3.3M1.9M18.1M37.3M39.1M
Other Assets12.3M77.0M49.8M49.0M1.00.95
Cash And Short Term Investments75.9M303.1M73.3M103.0M77.7M91.8M
Net Receivables70.4M77.2M76.9M102.9M141.8M97.4M
Common Stock Shares Outstanding146.2M146.4M147.8M149.6M151.9M136.1M
Liabilities And Stockholders Equity264.6M554.9M670.2M719.2M759.9M583.7M
Non Current Liabilities Total42.5M37.5M71.0M86.3M66.2M71.8M
Other Current Assets19.3M22.5M45.4M20.4M47.1M31.0M
Other Stockholder Equity(21.3M)206.5M222.6M244.8M275.2M165.8M
Total Liab377.1M329.4M440.1M489.5M506.9M452.8M
Deferred Long Term Liab11.2M11.7M12.6M15.5M17.8M13.2M
Net Invested Capital(60.9M)225.5M230.1M278.6M299.5M167.9M
Total Current Assets165.6M402.7M195.7M241.2M266.6M257.4M
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 Debt50.8M1.8M8.4M10.6M10.1M11.5M
Intangible Assets32.1M32.0M36.1M296.0M41.2M39.1M
Property Plant Equipment54.7M56.6M118.6M115.8M133.1M86.9M

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