Wex Other Stockholder Equity vs Total Stockholder Equity 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 Other Stockholder Equity and its Total Stockholder Equity 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.

Other Stockholder Equity vs Total Stockholder Equity

Other Stockholder Equity vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wex Inc Other Stockholder Equity account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Wex's Other Stockholder Equity and Total Stockholder Equity is 0.85. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Stockholder Equity 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 Other Stockholder Equity and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Wex Inc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Stockholder Equity i.e., Wex's Other Stockholder Equity and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Other Stockholder Equity

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.
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 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
Inventory282.6M570.9M793.1M1.1B1.00.95
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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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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
6.15
Revenue Per Share
60.946
Quarterly Revenue Growth
0.067
Return On Assets
0.0305
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.