Wex Ebit vs Operating Income Analysis
WEX Stock | USD 216.58 1.55 0.72% |
Wex financial indicator trend analysis is more than just analyzing Wex Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wex Inc is a good investment. Please check the relationship between Wex Ebit and its Operating Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wex Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Ebit vs Operating Income
Ebit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wex Inc Ebit account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Wex's Ebit and Operating Income is 1.0. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Wex Inc, assuming nothing else is changed. The correlation between historical values of Wex's Ebit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Wex Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Wex's Ebit and Operating Income go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebit
Operating Income
Operating Income is the amount of profit realized from Wex Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Wex Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Wex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wex Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wex Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, Wex's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.29 in 2024, whereas Tax Provision is likely to drop slightly above 62.2 M in 2024.
2021 | 2023 | 2024 (projected) | Interest Expense | 128.4M | 157.2M | 165.0M | Depreciation And Amortization | 164.1M | 276.2M | 290.0M |
Wex fundamental ratios Correlations
Click cells to compare fundamentals
Wex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wex fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.3B | 8.2B | 10.3B | 11.5B | 13.9B | 14.6B | |
Total Current Liabilities | 3.0B | 2.7B | 4.4B | 6.3B | 8.5B | 8.9B | |
Total Stockholder Equity | 1.9B | 1.9B | 1.8B | 1.6B | 1.8B | 1.1B | |
Common Stock Shares Outstanding | 43.8M | 43.8M | 45.3M | 44.7M | 43.3M | 45.2M | |
Liabilities And Stockholders Equity | 8.3B | 8.2B | 10.3B | 11.5B | 13.9B | 14.6B | |
Total Liab | 6.2B | 6.1B | 8.2B | 9.9B | 12.1B | 12.7B | |
Short Long Term Debt Total | 2.9B | 3.0B | 2.9B | 2.7B | 3.9B | 4.1B | |
Other Current Liab | 1.3B | 969.8M | 2.1B | 4.7B | 6.1B | 6.4B | |
Other Liab | 387.6M | 368.7M | 1.1B | 815.1M | 937.4M | 838.1M | |
Property Plant And Equipment Net | 212.5M | 188.3M | 179.5M | 202.2M | 304.7M | 319.9M | |
Current Deferred Revenue | 486.1M | 840.1M | 1.1B | 13.4M | 12.4M | 11.8M | |
Net Debt | 2.1B | 2.2B | 2.3B | 1.8B | 1.7B | 1.1B | |
Retained Earnings | 1.5B | 1.3B | 1.3B | 1.5B | 1.8B | 923.0M | |
Accounts Payable | 969.8M | 778.2M | 1.0B | 1.4B | 1.3B | 1.4B | |
Cash | 810.9M | 852.0M | 588.9M | 922.0M | 2.2B | 2.3B | |
Non Current Assets Total | 4.5B | 4.7B | 5.0B | 4.7B | 5.0B | 5.2B | |
Non Currrent Assets Other | 184.0M | 197.2M | 231.1M | 246M | 66.2M | 62.9M | |
Other Assets | 128.5M | 1.8B | 673.6M | 951.1M | 1.1B | 1.1B | |
Long Term Debt | 2.7B | 2.9B | 2.7B | 2.5B | 2.8B | 3.0B | |
Cash And Short Term Investments | 810.9M | 852.0M | 1.5B | 2.3B | 5.3B | 5.5B | |
Net Receivables | 2.7B | 2.0B | 2.9B | 3.3B | 3.6B | 1.9B | |
Good Will | 2.4B | 2.7B | 2.9B | 2.7B | 3.0B | 3.2B | |
Common Stock Total Equity | 475K | 477K | 485K | 492K | 442.8K | 420.7K | |
Non Current Liabilities Total | 3.2B | 3.4B | 3.8B | 3.6B | 3.5B | 2.1B | |
Other Current Assets | 87.7M | 86.6M | 77.6M | 143.3M | 90M | 92.7M | |
Property Plant And Equipment Gross | 212.5M | 188.3M | 637.6M | 732.2M | 787.1M | 826.5M | |
Total Current Assets | 3.8B | 3.5B | 5.3B | 6.8B | 8.9B | 9.4B | |
Accumulated Other Comprehensive Income | (115.4M) | (82.9M) | (122.5M) | (306.3M) | (229.2M) | (217.7M) | |
Short Term Debt | 248.5M | 152.7M | 155.8M | 202.6M | 1.1B | 1.1B | |
Intangible Assets | 1.6B | 1.6B | 1.6B | 1.5B | 1.5B | 1.5B | |
Common Stock | 475K | 477K | 485K | 492K | 495K | 500K | |
Property Plant Equipment | 212.5M | 188.3M | 179.5M | 202.2M | 232.6M | 244.2M | |
Other Stockholder Equity | 502.7M | 700.4M | 671.7M | 464.8M | 292.2M | 244.8M | |
Inventory | 282.6M | 570.9M | 793.1M | 1.1B | 1.0 | 0.95 | |
Net Tangible Assets | (1.9B) | (2.2B) | (2.7B) | (2.6B) | (2.3B) | (2.2B) | |
Noncontrolling Interest In Consolidated Entity | 9.2M | 10.2M | 9.6M | 13.0M | 15.0M | 15.7M | |
Retained Earnings Total Equity | 1.5B | 1.5B | 1.3B | 1.3B | 1.5B | 1.2B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Wex Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wex Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wex Inc Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wex Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Wex Inc information on this page should be used as a complementary analysis to other Wex's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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When running Wex's price analysis, check to measure Wex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wex is operating at the current time. Most of Wex's value examination focuses on studying past and present price action to predict the probability of Wex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wex's price. Additionally, you may evaluate how the addition of Wex to your portfolios can decrease your overall portfolio volatility.
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Is Wex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wex. If investors know Wex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Earnings Share 6.16 | Revenue Per Share 59.533 | Quarterly Revenue Growth 0.072 | Return On Assets 0.0321 |
The market value of Wex Inc is measured differently than its book value, which is the value of Wex that is recorded on the company's balance sheet. Investors also form their own opinion of Wex's value that differs from its market value or its book value, called intrinsic value, which is Wex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wex's market value can be influenced by many factors that don't directly affect Wex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.