VERXVertex, Inc.

$13.57

Is it safe?

Can VERX take a bad year?

Vertex, Inc. carries $86M of net debt at 2.06× EBITDA: a load its earnings can carry.

$86M

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.06×

Net debt / EBITDA · 1.34× a year ago · the load is going up

Altman Z-score
1.57

Altman Z-score · distress zone, below 1.8

Debt / equity
1.37×

Debt / equity

Details
Total debtQ1 2026
$338M
Cash and short-term investments
$252M
Net debt
$86M
EBITDA, trailing twelve months
$42M
Operating profit, trailing twelve months
−$13M
Debt / equity
1.37×
Total debt / EBITDA
8.13×
Annualised volatilitytwo years of daily moves
55%
Worst drawdown on file
−82%
Below its 52-week high
−49%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.