Vertex (VERX) - Total Assets
Based on the latest financial reports, Vertex (VERX) holds total assets worth $1.27 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Vertex net assets for net asset value and shareholders' equity analysis.
Vertex - Total Assets Trend (2018–2024)
This chart illustrates how Vertex's total assets have evolved over time, based on quarterly financial data.
Vertex - Asset Composition Analysis
Current Asset Composition (December 2024)
Vertex's total assets of $1.27 Billion consist of 46.0% current assets and 54.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 25.4% |
| Accounts Receivable | $164.43 Million | 14.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $41.55 Million | 3.6% |
| Goodwill | $357.82 Million | 30.7% |
Asset Composition Trend (2018–2024)
This chart illustrates how Vertex's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of Vertex.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vertex's current assets represent 46.0% of total assets in 2024, a decrease from 61.5% in 2018.
- Cash Position: Cash and equivalents constituted 25.4% of total assets in 2024, down from 26.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 33.0% of total assets, an increase from 10.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 30.7% of total assets.
Vertex Competitors by Total Assets
Key competitors of Vertex based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Salesforce.com Inc
NYSE:CRM
|
USA | $112.31 Billion |
|
PTC Inc
NASDAQ:PTC
|
USA | $6.43 Billion |
|
Xero Ltd
AU:XRO
|
Australia | AU$6.10 Billion |
|
Geovis Technology Co Ltd
SHG:688568
|
China | CN¥8.65 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Beijing eGOVA
SHE:300075
|
China | CN¥4.07 Billion |
|
Fujian Foxit Software Development Joint Stock Co Ltd
SHG:688095
|
China | CN¥3.72 Billion |
|
Beijing Join-Cheer Software Co Ltd
SHE:002279
|
China | CN¥2.23 Billion |
Vertex - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.98 | 1.00 | 1.37 |
| Quick Ratio | 0.98 | 1.00 | 1.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-13.96 Million | $-1.04 Million | $101.72 Million |
Vertex - Advanced Valuation Insights
This section examines the relationship between Vertex's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 7.83 |
| Latest Market Cap to Assets Ratio | 0.87 |
| Asset Growth Rate (YoY) | 53.5% |
| Total Assets | $1.17 Billion |
| Market Capitalization | $1.02 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Vertex's assets close to their book value (0.87x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Vertex's assets grew by 53.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Vertex (2018–2024)
The table below shows the annual total assets of Vertex from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.17 Billion | +53.54% |
| 2023-12-31 | $759.93 Million | +5.66% |
| 2022-12-31 | $719.19 Million | +7.31% |
| 2021-12-31 | $670.21 Million | +19.94% |
| 2020-12-31 | $558.78 Million | +111.16% |
| 2019-12-31 | $264.62 Million | +23.04% |
| 2018-12-31 | $215.07 Million | -- |
About Vertex
Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers tax determination; compliance and reporting, including workflow management tools; tax data management and document managementsolutions; analytics and insights; pre-built integration t… Read more