Wex Balance Sheet Analysis From 2010 to 2024

WEX Stock  USD 229.90  0.03  0.01%   
Most indicators from Wex's financial ratios are interrelated and interconnected. However, analyzing financial 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 financial 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 Wex Valuation and Wex Correlation analysis.
  
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.
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 Wex Valuation and Wex Correlation analysis.
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 Liab6.2B6.1B8.2B9.9B12.1B12.7B
Other Current Liab1.3B969.8M2.1B4.7B6.1B6.4B
Other Liab387.6M368.7M1.1B815.1M937.4M838.1M
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
Other Assets128.5M1.8B673.6M951.1M1.1B1.1B
Long Term Debt2.7B2.9B2.7B2.5B2.8B3.0B
Net Receivables2.7B2.0B2.9B3.3B3.6B1.9B
Good Will2.4B2.7B2.9B2.7B3.0B3.2B
Other Current Assets87.7M86.6M77.6M143.3M90M92.7M
Total Current Assets3.8B3.5B5.3B6.8B8.9B9.4B
Short Term Debt248.5M152.7M155.8M202.6M1.1B1.1B
Intangible Assets1.6B1.6B1.6B1.5B1.5B1.5B
Common Stock475K477K485K492K495K500K
Inventory282.6M570.9M793.1M1.1B1.2B1.3B
Net Tangible Assets(1.9B)(2.2B)(2.7B)(2.6B)(2.3B)(2.2B)

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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 Wex Valuation and Wex Correlation analysis.
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for 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.