VERXVertex, Inc.
Is it safe?
Solid, nothing alarming: clean books, but big price swings.
Mixed, watch the balance sheet Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -82% · now 50% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can VERX take a bad year?
Vertex, Inc. carries $108M of net debt at 1.55× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.55×
Net debt / EBITDA · 1.39× a year ago · the load is going up
- Altman Z-score
- 1.57
Altman Z-score · distress zone, below 1.8
- Debt / equity
- 1.40×
Debt / equity
Details›
- Total debtQ2 2026
- $339M
- Cash and short-term investments
- $230M
- Net debt
- $108M
- EBITDA, trailing twelve months
- $70M
- Operating profit, trailing twelve months
- −$13M
- Debt / equity
- 1.40×
- Total debt / EBITDA
- 4.87×
- Annualised volatilitytwo years of daily moves
- 55%
- Worst drawdown on file
- −82%
- Below its 52-week high
- 50%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software, Application
Ranks #59 of 96 by RyuScore