Wex Financials

WEX Stock  USD 187.56  14.05  8.10%   
Based on the key measurements obtained from Wex's financial statements, Wex Inc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. 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. Key indicators impacting Wex's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio2.242.1315
Sufficiently Up
Slightly volatile
Operating Income14.1 M14.8 M
Notably Down
Very volatile
Current Ratio0.991.046
Notably Down
Slightly volatile
Investors should never underestimate Wex's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Wex's cash flow, debt, and profitability to make informed and accurate decisions about investing in Wex Inc.

Cash And Equivalents

692.97 Million

  
Understanding current and past Wex Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Wex's financial statements are interrelated, with each one affecting the others. For example, an increase in Wex's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Wex's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Wex Inc. Check Wex's Beneish M Score to see the likelihood of Wex's management manipulating its earnings.

Wex Stock Summary

Wex competes with CSG Systems, VeriSign, Consensus Cloud, Global Blue, and EverCommerce. WEX Inc. provides financial technology services in the United States and internationally. WEX Inc. was founded in 1983 and is based in Portland, Maine. Wex operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 5600 people.
Specialization
Information Technology, Software - Infrastructure
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS96208T1043
CUSIP96208T104 98233Q105
LocationMaine; U.S.A
Business Address1 Hancock Street,
SectorIT Services
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.wexinc.com
Phone207 773 8171
CurrencyUSD - US Dollar

Wex Key Financial Ratios

Wex Key Balance Sheet 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 Assets87.7M86.6M77.6M143.3M90M83.1M
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
Inventory123.4M282.6M570.9M793.1M1.1B0.95
Net Tangible Assets(1.9B)(2.2B)(2.7B)(2.6B)(2.3B)(2.2B)

Wex Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense105.0M134.7M157.1M128.4M157.2M165.0M
Total Revenue1.7B1.6B1.9B2.4B1.2M1.1M
Gross Profit1.1B886.7M1.1B1.4B1.2M1.1M
Operating Income385.8M171.1M342M469.8M14.8M14.1M
Ebit292.0M66.5M233.5M500.5M14.8M14.1M
Ebitda529.2M328.4M506.1M764.3M14.8M14.1M
Cost Of Revenue659.8M673.2M702.1M930.5M969.2M1.0B
Income Before Tax238.6M216.5M(301.1M)203.9M14.8M14.1M
Net Income155.3M(280.5M)136.1M201.4M14.8M14.1M
Income Tax Expense68.8M61.2M(20.6M)67.8M102.2M67.5M
Research Development57.8M72.4M74.2M78.0M78.7M82.6M
Non Recurring112.5M(66.5M)53.4M40.1M46.1M33.4M
Minority Interest(1.0M)3.5M(136.0M)34.0M77K80.9K
Tax Provision61.2M(20.6M)67.8M93.1M114.5M62.2M
Interest Income170.3M209.9M101.6M70.2M80.7M126.8M
Net Interest Income(134.7M)(157.1M)(128.4M)(130.7M)(157.2M)(165.0M)

Wex Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Wex Inc. It measures of how well Wex is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Wex brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Wex had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Wex has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash426.4M348.3M(72.8M)602.9M370.3M388.8M
Free Cash Flow560.3M776.5M64.4M563.2M763.9M802.1M
Depreciation237.1M261.9M272.6M263.9M276.2M290.0M
Other Non Cash Items104.5M251.9M73.0M405.9M268.9M282.3M
Capital Expenditures102.9M80.5M86.0M116.2M148.1M155.5M
Net Income155.3M(280.5M)136.1M167.5M266.6M279.9M
End Period Cash Flow981.4M1.3B1.3B1.9B2.2B2.3B
Change To Inventory68.3M67.6M164.8M959.1M1.1B1.2B
Change To Netincome160.9M260.7M143.8M409.6M471.1M494.6M
Investments(5.3M)(5.4M)(956.3M)(716.7M)(1.6B)(1.5B)
Net Borrowings578.6M150.6M(258.5M)(129.0M)(116.1M)(110.3M)

Wex Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Wex's current stock value. Our valuation model uses many indicators to compare Wex value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wex competition to find correlations between indicators driving Wex's intrinsic value. More Info.
Wex Inc is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.16  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Wex Inc is roughly  6.20 . At this time, Wex's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Wex's earnings, one of the primary drivers of an investment's value.

Wex Inc Systematic Risk

Wex's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Wex volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Wex Inc correlated with the market. If Beta is less than 0 Wex generally moves in the opposite direction as compared to the market. If Wex Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wex Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wex is generally in the same direction as the market. If Beta > 1 Wex moves generally in the same direction as, but more than the movement of the benchmark.

Wex Thematic Clasifications

Wex Inc is part of Macroaxis Index investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Macroaxis power theme of selected equities with solid fundamentals. An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system
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Today, most investors in Wex Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Wex's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Wex growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.88

At this time, Wex's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Wex November 7, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Wex help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Wex Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wex Inc based on widely used predictive technical indicators. In general, we focus on analyzing Wex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wex's daily price indicators and compare them against related drivers.

Additional Tools for Wex Stock Analysis

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.