Wex Current Deferred Revenue vs Net Debt 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 Current Deferred Revenue and its Net Debt 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.
Current Deferred Revenue vs Net Debt
Current Deferred Revenue vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wex Inc Current Deferred Revenue account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Wex's Current Deferred Revenue and Net Debt is 0.53. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Debt 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 Current Deferred Revenue and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Wex Inc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Current Deferred Revenue i.e., Wex's Current Deferred Revenue and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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
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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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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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.