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Develop Global Limited (VTEXF)
OTHER OTC:VTEXF
US Market

Develop Global Limited (VTEXF) Ratios

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Develop Global Limited Ratios

VTEXF's free cash flow for Q2 2026 was AU$-0.03. For the 2026 fiscal year, VTEXF's free cash flow was decreased by AU$ and operating cash flow was AU$-0.05. See a summary of the company’s cash flow.
Ratios
TTM
Jun 25Jun 24Jun 23Jun 22
Liquidity Ratios
Current Ratio
1.84 2.63 1.21 0.94 4.24
Quick Ratio
1.69 2.40 1.09 0.79 3.91
Cash Ratio
1.41 0.52 0.68 0.56 3.55
Solvency Ratio
0.37 0.38 0.08 -0.08 -0.15
Operating Cash Flow Ratio
0.17 0.11 0.18 0.31 -0.54
Short-Term Operating Cash Flow Coverage
0.42 0.30 1.44 14.76 -9.33
Net Current Asset Value
AU$ -33.82MAU$ 27.84MAU$ -48.11MAU$ -59.27MAU$ -8.78M
Leverage Ratios
Debt-to-Assets Ratio
0.17 0.18 0.09 0.12 0.02
Debt-to-Equity Ratio
0.25 0.25 0.12 0.19 0.03
Debt-to-Capital Ratio
0.20 0.20 0.10 0.16 0.03
Long-Term Debt-to-Capital Ratio
0.13 0.15 0.03 0.00 0.00
Financial Leverage Ratio
1.42 1.43 1.35 1.64 1.42
Debt Service Coverage Ratio
1.83 2.30 1.23 -0.18 -11.88
Interest Coverage Ratio
-15.65 -0.91 -2.56 -2.12 -294.93
Debt to Market Cap
0.11 0.11 0.04 <0.01 <0.01
Interest Debt Per Share
0.49 0.60 0.20 0.16 0.02
Net Debt to EBITDA
-2.00 3.70 -0.05 -5.23 4.52
Profitability Margins
Gross Profit Margin
1.15%9.56%67.97%-16.42%19.35%
EBIT Margin
-5.07%-0.79%-5.51%-16.68%-201.63%
EBITDA Margin
3.90%11.65%9.60%-1.97%-191.31%
Operating Profit Margin
-5.68%-1.18%-6.43%-20.27%-196.65%
Pretax Profit Margin
-4.05%-2.08%-8.02%-26.39%-204.40%
Net Profit Margin
25.29%31.28%-8.24%-26.39%-204.40%
Continuous Operations Profit Margin
25.48%31.46%-8.12%-26.39%-204.40%
Net Income Per EBT
-624.69%-1502.45%102.70%100.00%100.00%
EBT Per EBIT
71.28%176.91%124.68%130.19%103.94%
Return on Assets (ROA)
8.04%8.06%-2.57%-7.28%-4.50%
Return on Equity (ROE)
11.52%11.49%-3.47%-11.95%-6.38%
Return on Capital Employed (ROCE)
-2.10%-0.35%-2.31%-6.65%-4.60%
Return on Invested Capital (ROIC)
12.41%4.97%-2.19%-6.26%-4.55%
Return on Tangible Assets
8.04%8.06%-2.57%-7.43%-4.62%
Earnings Yield
5.18%5.48%-2.50%-2.41%-2.16%
Efficiency Ratios
Receivables Turnover
9.15 1.14 6.61 9.45 1.51
Payables Turnover
6.77 9.99 2.83 8.00 0.63
Inventory Turnover
14.95 7.85 6.18 13.05 0.90
Fixed Asset Turnover
0.80 1.51 0.38 0.96 0.03
Asset Turnover
0.32 0.26 0.31 0.28 0.02
Working Capital Turnover Ratio
1.99 2.36 27.42 3.65 0.18
Cash Conversion Cycle
10.37 331.45 -14.72 20.97 64.95
Days of Sales Outstanding
39.89 321.51 55.19 38.62 240.95
Days of Inventory Outstanding
24.41 46.49 59.07 27.97 403.52
Days of Payables Outstanding
53.94 36.54 128.97 45.62 579.52
Operating Cycle
64.30 367.99 114.25 66.59 644.47
Cash Flow Ratios
Operating Cash Flow Per Share
0.07 0.05 0.05 0.06 -0.03
Free Cash Flow Per Share
-0.18 -0.18 -0.10 -0.13 -0.07
CapEx Per Share
0.24 0.22 0.15 0.19 0.04
Free Cash Flow to Operating Cash Flow
-2.61 -3.78 -2.07 -2.27 2.36
Dividend Paid and CapEx Coverage Ratio
0.28 0.21 0.33 0.31 -0.74
Capital Expenditure Coverage Ratio
0.28 0.21 0.33 0.31 -0.74
Operating Cash Flow Coverage Ratio
0.14 0.08 0.27 0.43 -1.57
Operating Cash Flow to Sales Ratio
0.08 0.05 0.07 0.18 -1.47
Free Cash Flow Yield
-4.00%-3.61%-4.68%-3.74%-3.65%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
19.38 18.25 -40.07 -41.47 -46.39
Price-to-Sales (P/S) Ratio
4.97 5.71 3.30 10.95 94.82
Price-to-Book (P/B) Ratio
2.22 2.10 1.39 4.96 2.96
Price-to-Free Cash Flow (P/FCF) Ratio
-25.12 -27.69 -21.37 -26.72 -27.41
Price-to-Operating Cash Flow Ratio
64.72 104.66 44.19 60.60 -64.65
Price-to-Earnings Growth (PEG) Ratio
5.23 -0.03 1.13 -0.44 0.52
Price-to-Fair Value
2.22 2.10 1.39 4.96 2.96
Enterprise Value Multiple
125.36 52.71 34.35 -561.05 -45.05
Enterprise Value
1.41B 1.42B 485.40M 748.79M 388.91M
EV to EBITDA
124.77 52.71 34.35 -561.05 -45.05
EV to Sales
4.87 6.14 3.30 11.05 86.19
EV to Free Cash Flow
-24.61 -29.78 -21.34 -26.97 -24.91
EV to Operating Cash Flow
64.33 112.55 44.13 61.17 -58.77
Tangible Book Value Per Share
1.97 2.34 1.55 0.67 0.65
Shareholders’ Equity Per Share
1.96 2.34 1.54 0.70 0.67
Tax and Other Ratios
Effective Tax Rate
7.29 16.11 -0.01 <0.01 -0.02
Revenue Per Share
0.89 0.86 0.65 0.32 0.02
Net Income Per Share
0.22 0.27 -0.05 -0.08 -0.04
Tax Burden
-6.25 -15.02 1.03 1.00 1.00
Interest Burden
0.80 2.63 1.46 1.58 1.01
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.00 0.00 0.54 0.07 2.07
Stock-Based Compensation to Revenue
0.00 0.00 0.05 0.05 1.84
Income Quality
0.30 0.17 -0.91 -0.68 0.72
Currency in AUD