Wex Interest Expense from 2010 to 2024

WEX Stock  USD 188.66  1.14  0.60%   
Wex Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2003-12-31
Previous Quarter
59.9 M
Current Value
58.4 M
Quarterly Volatility
16.3 M
 
Housing Crash
 
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 Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Wex Inc over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Wex's Interest Expense 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Wex Interest Expense Regression Statistics

Arithmetic Mean97,901,233
Geometric Mean75,027,604
Coefficient Of Variation55.75
Mean Deviation46,705,889
Median113,418,000
Standard Deviation54,577,100
Sample Variance2978.7T
Range154.6M
R-Value0.76
Mean Square Error1336.5T
R-Squared0.58
Significance0.0009
Slope9,320,980
Total Sum of Squares41701.2T

Wex Interest Expense History

2024165 M
2023157.2 M
2021128.4 M
2020157.1 M
2019134.7 M
2018105 M
2017107.1 M

About Wex Financial Statements

Wex investors use historical fundamental indicators, such as Wex's Interest Expense, 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
Interest Expense157.2 M165 M

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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.