Wex Net Tangible Assets from 2010 to 2024

WEX Stock  USD 181.73  1.41  0.78%   
Wex Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2024. Net Tangible Assets is the total assets of Wex Inc minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-06-30
Previous Quarter
-2.4 B
Current Value
-2.5 B
Quarterly Volatility
994.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 290 M, Interest Expense of 165 M or Selling General Administrative of 761.3 M, as well as many indicators such as Price To Sales Ratio of 4.66, Dividend Yield of 0.33 or PTB Ratio of 4.55. Wex financial statements analysis is a perfect complement when working with Wex Valuation or Volatility modules.
  
Check out the analysis of Wex Correlation against competitors.

Latest Wex's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Wex Inc over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Wex's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wex's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Wex Net Tangible Assets Regression Statistics

Arithmetic Mean(1,287,678,659)
Geometric Mean742,880,802
Coefficient Of Variation(77.06)
Mean Deviation869,416,215
Median(1,318,841,000)
Standard Deviation992,257,384
Sample Variance984574.7T
Range2.8B
R-Value(0.93)
Mean Square Error134060.1T
R-Squared0.87
Slope(207,375,299)
Total Sum of Squares13784046T

Wex Net Tangible Assets History

2024-2.2 B
2023-2.3 B
2022-2.6 B
2021-2.7 B
2020-2.2 B
2019-1.9 B
2018-1.1 B

About Wex Financial Statements

Wex investors use historical fundamental indicators, such as Wex's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Wex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets-2.3 B-2.2 B

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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.