Wex Earnings before Tax vs Enterprise Value Analysis

WEX Stock  USD 233.88  2.53  1.07%   
Trend analysis of Wex Inc balance sheet accounts such as Total Assets of 14.6 B, Total Current Liabilities of 8.9 B, Total Stockholder Equity of 1.1 B or Common Stock Shares Outstanding of 45.2 M provides information on Wex's total assets, liabilities, and equity, which is the actual value of Wex Inc to its prevalent stockholders. By breaking down trends over time using Wex balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About Wex Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Wex Inc at a specified time, usually calculated after every quarter, six months, or one year. Wex Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wex and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Wex currently owns. An asset can also be divided into two categories, current and non-current.

Wex Balance Sheet Chart

Wex Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Wex Inc uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Wex's Non Current Assets Total are fairly stable compared to the past year. Other Assets is likely to rise to about 1.1 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.1 B in 2024.

Total Assets

Total assets refers to the total amount of Wex assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Wex Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Wex balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Wex Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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.
Selling General Administrative is likely to rise to about 761.3 M in 2024, whereas Tax Provision is likely to drop slightly above 62.2 M in 2024.
 2021 2023 2024 (projected)
Interest Expense128.4M157.2M165.0M
Depreciation And Amortization164.1M276.2M290.0M

Wex fundamental ratios Correlations

0.940.660.861.00.960.890.040.950.050.640.670.970.890.930.120.710.890.870.770.96-0.420.840.650.510.93
0.940.410.750.960.830.990.050.87-0.180.370.450.930.930.77-0.20.680.810.960.620.83-0.250.950.360.320.96
0.660.410.730.60.770.31-0.140.670.490.960.930.650.390.850.640.470.730.270.870.8-0.590.190.90.640.43
0.860.750.730.830.870.66-0.310.80.280.750.590.860.650.910.270.650.910.60.690.91-0.220.550.640.660.75
1.00.960.60.830.930.930.060.94-0.020.570.620.970.910.90.060.710.860.910.750.94-0.390.880.60.480.95
0.960.830.770.870.930.76-0.120.970.160.760.740.90.840.970.250.70.890.770.760.97-0.440.70.730.580.8
0.890.990.310.660.930.760.070.83-0.320.270.380.890.920.69-0.240.630.720.970.570.75-0.190.970.290.310.95
0.040.05-0.14-0.310.06-0.120.07-0.090.06-0.220.050.050.02-0.1-0.04-0.1-0.180.120.14-0.06-0.520.170.04-0.430.16
0.950.870.670.80.940.970.83-0.09-0.010.650.70.890.90.910.160.630.850.840.710.92-0.410.780.630.560.82
0.05-0.180.490.28-0.020.16-0.320.06-0.010.530.26-0.01-0.210.310.420.190.28-0.280.190.28-0.27-0.320.460.01-0.08
0.640.370.960.750.570.760.27-0.220.650.530.850.60.310.860.690.450.70.220.780.8-0.480.150.910.660.41
0.670.450.930.590.620.740.380.050.70.260.850.670.450.780.610.360.640.350.920.74-0.680.280.880.630.46
0.970.930.650.860.970.90.890.050.89-0.010.60.670.840.90.120.650.870.830.810.92-0.450.80.610.510.91
0.890.930.390.650.910.840.920.020.9-0.210.310.450.840.72-0.220.670.760.970.540.78-0.250.930.360.310.84
0.930.770.850.910.90.970.69-0.10.910.310.860.780.90.720.380.70.90.660.80.99-0.480.60.810.60.78
0.12-0.20.640.270.060.25-0.24-0.040.160.420.690.610.12-0.220.38-0.050.11-0.290.450.28-0.45-0.330.740.67-0.06
0.710.680.470.650.710.70.63-0.10.630.190.450.360.650.670.7-0.050.740.620.410.74-0.230.580.430.240.62
0.890.810.730.910.860.890.72-0.180.850.280.70.640.870.760.90.110.740.680.70.93-0.310.620.590.480.77
0.870.960.270.60.910.770.970.120.84-0.280.220.350.830.970.66-0.290.620.680.50.72-0.190.990.280.240.9
0.770.620.870.690.750.760.570.140.710.190.780.920.810.540.80.450.410.70.50.79-0.60.460.830.570.66
0.960.830.80.910.940.970.75-0.060.920.280.80.740.920.780.990.280.740.930.720.79-0.470.670.770.560.83
-0.42-0.25-0.59-0.22-0.39-0.44-0.19-0.52-0.41-0.27-0.48-0.68-0.45-0.25-0.48-0.45-0.23-0.31-0.19-0.6-0.47-0.14-0.55-0.13-0.24
0.840.950.190.550.880.70.970.170.78-0.320.150.280.80.930.6-0.330.580.620.990.460.67-0.140.220.190.92
0.650.360.90.640.60.730.290.040.630.460.910.880.610.360.810.740.430.590.280.830.77-0.550.220.670.46
0.510.320.640.660.480.580.31-0.430.560.010.660.630.510.310.60.670.240.480.240.570.56-0.130.190.670.38
0.930.960.430.750.950.80.950.160.82-0.080.410.460.910.840.78-0.060.620.770.90.660.83-0.240.920.460.38
Click cells to compare fundamentals

Wex Account Relationship Matchups

Wex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.3B8.2B10.3B11.5B13.9B14.6B
Total Current Liabilities3.0B2.7B4.4B6.3B8.5B8.9B
Total Stockholder Equity1.9B1.9B1.8B1.6B1.8B1.1B
Common Stock Shares Outstanding43.8M43.8M45.3M44.7M43.3M45.2M
Liabilities And Stockholders Equity8.3B8.2B10.3B11.5B13.9B14.6B
Total Liab6.2B6.1B8.2B9.9B12.1B12.7B
Short Long Term Debt Total2.9B3.0B2.9B2.7B3.9B4.1B
Other Current Liab1.3B969.8M2.1B4.7B6.1B6.4B
Other Liab387.6M368.7M1.1B815.1M937.4M838.1M
Property Plant And Equipment Net212.5M188.3M179.5M202.2M304.7M319.9M
Current Deferred Revenue486.1M840.1M1.1B13.4M12.4M11.8M
Net Debt2.1B2.2B2.3B1.8B1.7B1.1B
Retained Earnings1.5B1.3B1.3B1.5B1.8B923.0M
Accounts Payable969.8M778.2M1.0B1.4B1.3B1.4B
Cash810.9M852.0M588.9M922.0M2.2B2.3B
Non Current Assets Total4.5B4.7B5.0B4.7B5.0B5.2B
Non Currrent Assets Other184.0M197.2M231.1M246M66.2M62.9M
Other Assets128.5M1.8B673.6M951.1M1.1B1.1B
Long Term Debt2.7B2.9B2.7B2.5B2.8B3.0B
Cash And Short Term Investments810.9M852.0M1.5B2.3B5.3B5.5B
Net Receivables2.7B2.0B2.9B3.3B3.6B1.9B
Good Will2.4B2.7B2.9B2.7B3.0B3.2B
Common Stock Total Equity475K477K485K492K442.8K420.7K
Non Current Liabilities Total3.2B3.4B3.8B3.6B3.5B2.1B
Other Current Assets87.7M86.6M77.6M143.3M90M92.7M
Property Plant And Equipment Gross212.5M188.3M637.6M732.2M787.1M826.5M
Total Current Assets3.8B3.5B5.3B6.8B8.9B9.4B
Accumulated Other Comprehensive Income(115.4M)(82.9M)(122.5M)(306.3M)(229.2M)(217.7M)
Short Term Debt248.5M152.7M155.8M202.6M1.1B1.1B
Intangible Assets1.6B1.6B1.6B1.5B1.5B1.5B
Common Stock475K477K485K492K495K500K
Property Plant Equipment212.5M188.3M179.5M202.2M232.6M244.2M
Other Stockholder Equity502.7M700.4M671.7M464.8M292.2M244.8M
Inventory282.6M570.9M793.1M1.1B1.2B1.3B
Net Tangible Assets(1.9B)(2.2B)(2.7B)(2.6B)(2.3B)(2.2B)
Noncontrolling Interest In Consolidated Entity9.2M10.2M9.6M13.0M15.0M15.7M
Retained Earnings Total Equity1.5B1.5B1.3B1.3B1.5B1.2B

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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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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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
6.17
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.