The company's financial leverage has spiked significantly, with the debt-to-equity ratio reaching 9.18 in 2027Q1, while the current ratio has fallen to 0.79, indicating potential liquidity constraints.
| Total Current Assets | 207.95M | 317.8M | 285.8M | 359.91M | 346.59M | 410.35M | 376.18M | 377.81M | 230.07M | 180.04M | 61.83M | 58.16M | 64.13M |
| Cash & Short-Term Investments | 91.88M | 154.12M | 123.13M | 210.18M | 190.21M | 261.21M | 230.41M | 256.08M | 142.78M | 118.34M | 24.42M | 30.03M | 48.95M |
| Cash Only | 91.88M | 154.12M | 123.13M | 210.18M | 190.21M | 261.21M | 230.41M | 256.08M | 91.75M | 34.37M | 24.42M | 30.03M | 48.95M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51.02M | 83.97M | 0 | 0 | 0 |
| Accounts Receivable | 70.4M | 125.14M | 112.94M | 108.2M | 109.73M | 101.61M | 97.45M | 80.58M | 55.34M | 44.66M | 27.65M | 24.18M | 12.62M |
| Days Sales Outstanding | 66.8 | 102.28 | 97.93 | 97.68 | 99.91 | 94.95 | 100.3 | 98.43 | 88.48 | 95.77 | 81.21 | 98.37 | 76.77 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 45.67M | 38.54M | 49.73M | 41.53M | 46.65M | 34M | 30.32M | 29.62M | 17.82M | 9.34M | 6.25M | 2.16M | 1M |
| Total Non-Current Assets | 291.53M | 303.97M | 324.28M | 148.9M | 177.17M | 209.98M | 219.81M | 185.81M | 37.06M | 23.45M | 24.64M | 27.34M | 18.96M |
| Property, Plant & Equipment | 73.06M | 81M | 107.14M | 124.53M | 147.53M | 171.73M | 185.19M | 138.17M | 11.08M | 11.44M | 11.61M | 11.96M | 3.91M |
| Fixed Asset Turnover | 5.24x | 5.51x | 3.93x | 3.25x | 2.72x | 2.27x | 1.92x | 2.16x | 20.61x | 14.88x | 10.70x | 7.50x | 15.36x |
| Goodwill | 110.76M | 110.8M | 96.78M | 4.48M | 4.48M | 4.57M | 4.84M | 4.53M | 4.66M | 4.92M | 4.44M | 4.48M | 4.61M |
| Intangible Assets | 81.09M | 85.13M | 94.25M | 168K | 193K | 217K | 767K | 1.34M | 1.96M | 2.76M | 3.13M | 4.09M | 5.15M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 26.63M | 27.04M | 26.11M | 19.72M | 24.96M | 33.47M | 29.01M | 41.76M | 19.36M | 4.32M | 5.45M | 6.81M | 5.29M |
| Total Assets | 499.48M | 621.78M | 610.08M | 508.81M | 523.76M | 620.34M | 595.99M | 563.62M | 267.13M | 203.49M | 86.47M | 85.5M | 83.09M |
| Asset Turnover | 0.77x | 0.72x | 0.69x | 0.79x | 0.77x | 0.63x | 0.60x | 0.53x | 0.85x | 0.84x | 1.44x | 1.05x | 0.72x |
| Asset Growth % | 28.7% | 1.92% | 19.9% | -2.85% | -15.57% | 4.08% | 5.74% | 110.99% | 31.27% | 135.34% | 1.13% | 2.9% | - |
| Total Current Liabilities | 263.6M | 296.78M | 344.71M | 267.77M | 290.88M | 290.7M | 260.16M | 244.93M | 179.78M | 118.18M | 82.74M | 54.43M | 32.79M |
| Accounts Payable | 0 | 5.83M | 4.77M | 7.43M | 7.26M | 9.22M | 12.97M | 9.6M | 8.03M | 4.25M | 5.3M | 4.98M | 4.25M |
| Days Payables Outstanding | 13.58 | 18.66 | 18.07 | 31.01 | 25.5 | 34.23 | 54.81 | 45.48 | 51.02 | 35.2 | 52.38 | 58.54 | 62.41 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 758.82M | 217.47M | 229.14M | 212.21M | 223.71M | 223.43M | 191.81M | 176.81M | 135.54M | 89.47M | 57.11M | 35.95M | 23.47M |
| Other Current Liabilities | 7M | 49.46M | 85.01M | 27.19M | 36.2M | 33.67M | 35.34M | 41.24M | 28.01M | 19.41M | 12.49M | 10.4M | 2.95M |
| Current Ratio | 0.79x | 1.07x | 0.83x | 1.34x | 1.19x | 1.41x | 1.45x | 1.54x | 1.28x | 1.52x | 0.75x | 1.07x | 1.96x |
| Quick Ratio | 0.79x | 1.07x | 0.83x | 1.34x | 1.19x | 1.41x | 1.45x | 1.54x | 1.28x | 1.52x | 0.75x | 1.07x | 1.96x |
| Cash Conversion Cycle | 53.22 | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 211.41M | 165.57M | 112.17M | 93.86M | 104.86M | 117.76M | 128.59M | 117.48M | 2.8M | 3.86M | 9.92M | 126.3M | 124.74M |
| Long-Term Debt | 147.6M | 97.96M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5M | 0 | 0 |
| Capital Lease Obligations | 253.84M | 61.91M | 76.81M | 89.56M | 100.53M | 113.78M | 123.58M | 115.19M | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 168K | 136K | 1.23M |
| Other Non-Current Liabilities | 5.59M | 5.7M | 35.36M | 4.3M | 4.33M | 3.98M | 5.01M | 2.29M | 2.8M | 3.86M | 125.37M | 126.17M | 123.51M |
| Total Liabilities | 475M | 462.36M | 456.88M | 361.64M | 395.74M | 408.46M | 388.75M | 362.41M | 182.58M | 122.04M | 92.66M | 180.73M | 157.53M |
| Total Debt | 224.7M | 178.46M | 95.41M | 106.36M | 118.69M | 132.62M | 137.75M | 123.83M | 0 | 0 | 5M | 0 | 0 |
| Net Debt | 132.82M | 24.34M | -27.72M | -103.82M | -71.53M | -128.59M | -92.66M | -132.25M | -91.75M | -34.37M | -19.42M | -30.03M | -48.95M |
| Debt / Equity | 9.18x | 1.12x | 0.62x | 0.72x | 0.93x | 0.63x | 0.66x | 0.62x | - | - | - | - | - |
| Debt / EBITDA | 2.92x | 2.20x | - | 5.78x | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 1.73x | 0.30x | - | -5.64x | - | - | - | - | - | - | - | - | - |
| Interest Coverage | 5.23x | 6.30x | -28.02x | 0.28x | -107.42x | -168.08x | -153.06x | -390.06x | -520.78x | -183.97x | -286.21x | - | - |
| Total Equity | 24.48M | 159.42M | 153.19M | 147.17M | 128.02M | 211.87M | 207.24M | 201.21M | 84.55M | 81.45M | -6.2M | -95.24M | -74.44M |
| Equity Growth % | -88% | 4.07% | 4.09% | 14.96% | -39.57% | 2.24% | 2.99% | 137.98% | 3.8% | 1414.61% | 93.49% | -27.95% | - |
| Book Value per Share | 0.22 | 1.23 | 1.21 | 1.19 | 1.02 | 1.66 | 1.73 | 1.80 | 0.86 | 1.04 | -0.07 | -1.28 | -1.00 |
| Total Shareholders' Equity | 24.48M | 159.42M | 153.19M | 147.17M | 128.02M | 211.87M | 207.24M | 201.21M | 84.55M | 81.45M | -6.2M | -95.24M | -74.44M |
| Common Stock | 136K | 158K | 153K | 148K | 142K | 137K | 130K | 122K | 109K | 100K | 82K | 37K | 36K |
| Retained Earnings | -666.62M | -669.25M | -707.12M | -679.17M | -676.54M | -610.6M | -517.35M | -422.65M | -301.11M | -233.45M | -166.88M | -123.73M | -73.72M |
| Treasury Stock | -197.82M | -197.82M | -130.35M | -112.24M | -89.33M | -11.9M | -11.9M | -11.9M | -11.9M | -11.9M | -11.9M | -11.9M | -11.9M |
| Accumulated OCI | -2.01M | -1.57M | -5.97M | -4.18M | -3.62M | -187K | 2.42M | -360K | -1.43M | -1.64M | -1.81M | -1.27M | -807K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Elevated Debt and Liquidity
According to recent quarterly filings, Yext's equity base has contracted significantly from $159.4 million in 2026Q4 to $24.5 million in 2027Q1, a trend largely driven by aggressive capital allocation strategies that appear to be outpacing the company's ability to generate sustainable internal growth.
The rapid decline in equity suggests that the company is prioritizing shareholder returns over balance sheet fortification during a period of revenue stagnation. Investors should monitor whether this trajectory reflects a lack of internal investment opportunities or a potential over-reliance on financial engineering to support valuation.
As reported in financial statements, Yext's debt-to-equity ratio surged to 9.18 in 2027Q1, a dramatic increase from the 1.12 level observed in 2026Q4, which indicates a significant shift toward debt-funded capital management that warrants close scrutiny by risk-focused analysts.
This sharp rise in leverage suggests that the company has taken on additional obligations, likely to facilitate recent share repurchases. Such a high debt-to-equity ratio may limit future operational flexibility and increase sensitivity to interest rate fluctuations in the coming quarters.
Based on Yext's reported figures, the current ratio has deteriorated to 0.79 as of 2027Q1, falling below the critical 1.0 threshold and signaling a potential tightening of the company's ability to cover short-term obligations with its existing liquid assets.
The decline in the current ratio, coupled with the reduction in cash reserves, suggests that the company's liquidity position is becoming increasingly constrained. This trend may force management to rely more heavily on external financing or operational cash flow to meet near-term liabilities.
As disclosed in the balance sheet data, Yext carries $110.8 million in goodwill, which represents a substantial portion of total assets and suggests that past acquisitions may be subject to impairment risk if the core business fails to achieve expected growth targets.
The presence of significant goodwill on the balance sheet warrants further investigation, particularly given the recent deceleration in revenue growth. If the company's strategic pivot to AI-driven search does not yield expected returns, these intangible assets could become a source of future balance sheet volatility.
Quick answers to the most common questions about buying YEXT stock.
As of 2026, Yext, Inc. (YEXT) had total assets of $621.8M including $317.8M in current assets.
Yext, Inc. (YEXT) carries total debt of $178.5M, offset by $154.1M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Yext, Inc. (YEXT) has total shareholders' equity (book value) of $159.4M ($1.23 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Yext, Inc. (YEXT) reported a current ratio of 1.07x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.