Quick Ratio

WEX’s current quick ratio of 0.50x means the company has only $0.50 in liquid assets (cash, marketable securities, and receivables) for every $1 of current liabilities due within a year, indicating a low short-term liquidity cushion.

This ratio sits far below the technology sector median of 1.59x, placing WEX in the 3rd percentile among its peers—meaning 97% of similar companies have a healthier quick ratio. No trend data is available because the year-over-year and quarter-over-quarter changes are both marked as N/A, and only a single historical value of 0.50x is provided. Without a trend, the current level alone signals elevated default risk if short-term obligations come due, though it could also reflect an intentional capital structure that relies on efficient receivables turnover. This metric strongly supports the overall CAUTIOUS verdict, as the quick ratio’s severe shortfall versus the sector median is a clear red flag for liquidity risk.

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