WEX Current Ratio Analysis
Higher than 16% of Technology sector peers
Updated 163h ago·SEC filings & market data
Key Takeaway
The current ratio measures a company’s ability to pay short-term obligations with its short-term assets; a ratio of 1.05x means WEX has only $1.05 in current assets for every $1.00 in current liabilities, a thin margin above the 1.0x minimum.
Sector Performance
16th percentileWEX
1.05x
Sector Median
1.96x
Sector Avg
10.67x
Deep Analysis
The current ratio measures a company’s ability to pay short-term obligations with its short-term assets; a ratio of 1.05x means WEX has only $1.05 in current assets for every $1.00 in current liabilities, a thin margin above the 1.0x minimum.
This is well below the sector median of 1.95x and places WEX in the 16th percentile among its Technology peers, indicating weaker short-term liquidity than most competitors. Year-over-year change is not available, and quarter-over-quarter change is also not available, so no recent trend can be assessed. The combination of a low current ratio and no visible trend suggests elevated short-term liquidity risk, as the company has minimal buffer to cover unexpected cash needs. This metric supports the overall CAUTIOUS verdict, because the low ratio and poor peer standing align with concerns about financial flexibility and potential credit strain.
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 1.96x, placing it in the 16th percentile.
Who are WEX's closest peers by Current Ratio?
The closest Technology peers by Current Ratio include: ORCL (1.12x), UBER (1.07x), SAP (1.07x), AAPL (1.07x), BOX (1.07x).
Learn More About Current Ratio
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
1.96x
Sector Avg
10.67x
How WEX's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.