Wex Selling And Marketing Expenses vs Depreciation And Amortization 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 Selling And Marketing Expenses and its Depreciation And Amortization 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.

Selling And Marketing Expenses vs Depreciation And Amortization

Selling And Marketing Expenses vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wex Inc Selling And Marketing Expenses account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wex's Selling And Marketing Expenses and Depreciation And Amortization is 0.77. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Depreciation And Amortization 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 Selling And Marketing Expenses and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Wex Inc are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling And Marketing Expenses i.e., Wex's Selling And Marketing Expenses and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling And Marketing Expenses

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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
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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

Wex Investors Sentiment

The influence of Wex's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Wex. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Wex's public news can be used to forecast risks associated with an investment in Wex. The trend in average sentiment can be used to explain how an investor holding Wex can time the market purely based on public headlines and social activities around Wex Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Wex's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Wex's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Wex's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Wex.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wex in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wex's short interest history, or implied volatility extrapolated from Wex options trading.

Also Currently Popular

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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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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.