Vertex (VERX) — Defensive Interval Ratio
Vertex (VERX) has a Defensive Interval Ratio of 99 days as of June 2026. Defensive assets of $153.43 Million (cash $-, short-term investments $-, receivables $153.43 Million) cover 99 days of daily cash needs of $1.55 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Vertex Defensive Interval Ratio (2018–2025)
This chart shows how Vertex's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of June 2026, the ratio stands at 99 days, meaning defensive assets of $153.43 Million can fund 99 days of operations without new revenue. For the complete balance sheet picture, see Vertex asset portfolio.
Annual Defensive Interval Ratio for Vertex (2018–2025)
The table below presents the year-by-year Defensive Interval Ratio for Vertex from 2018 to 2025, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital to net assets of Vertex to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 117 days | $183.45 Million | $1.57 Million/day | $- | $0.00 | ▼ -1 days |
| 2024 | 118 days | $173.59 Million | $1.47 Million/day | $- | $9.16 Million | ▼ -7 days |
| 2023 | 125 days | $151.30 Million | $1.21 Million/day | $- | $9.54 Million | ▲ +22 days |
| 2022 | 103 days | $114.06 Million | $1.10 Million/day | $- | $11.17 Million | ▲ +3 days |
| 2021 | 101 days | $101.80 Million | $1.01 Million/day | $- | $24.87 Million | ▲ +4 days |
| 2020 | 96 days | $77.16 Million | $799.91K/day | $- | $- | ▲ +20 days |
| 2019 | 77 days | $70.37 Million | $916.52K/day | $- | $- | ▼ -18 days |
| 2018 | 95 days | $62.23 Million | $654.12K/day | $- | $- | — |