Current Ratio
Higher than 18% of Technology sector peers
Updated 41h ago
Sector Performance
18th percentileWEX
1.05x
Sector Median
1.84x
Sector Avg
10.58x
Deep Analysis
WEX Inc.’s current ratio of 1.05x means it has $1.05 in short-term assets for every $1 of current liabilities — a measure of near-term liquidity.
That figure sits well below the technology-sector median of 1.82x, placing WEX in only the 18th percentile among its peers, indicating tighter liquidity coverage. No year-over-year or quarter-over-quarter changes are available, so there is no trend data to assess improvement or deterioration. The combination of a low absolute level (just above 1.0x) and the absence of any upward trend implies limited financial flexibility and a heightened sensitivity to cash-flow disruptions. This metric directly supports the overall CAUTIOUS verdict, as the below-median current ratio points to greater short-term liquidity risk compared to the typical technology peer.
Frequently Asked Questions
What does the Current Ratio tell investors about WEX?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
How does WEX's Current Ratio compare to its sector?
WEX's Current Ratio of 1.05x compares to a Technology sector median of 1.84x, placing it in the 18th percentile.
Who are WEX's closest peers by Current Ratio?
The closest Technology peers by Current Ratio include: SAP (1.07x), UBER (1.07x), AAPL (1.07x), PTC (1.06x), YOU (1.01x).
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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1.05x
Sector Median
1.84x
Sector Avg
10.58x
How WEX's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.