WEX Inc. (WEX)

WEX Inc. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	535.4	975.8	922	588.92	852.03	810.93
Short-Term Investments	3,723	3,022	1,395	948.68	-	-
Trading Asset Securities	19.8	-	45.3	0.1	-	2.4
Cash & Short-Term Investments	4,278	3,998	2,363	1,538	852.03	813.33
Cash Growth	18.11%	69.22%	53.65%	80.47%	4.76%	47.80%
Accounts Receivable	3,904	3,569	3,433	3,025	2,092	2,778
Other Receivables	31.9	24.7	9.3	4.2	-	-
Receivables	3,936	3,594	3,442	3,030	2,092	2,778
Prepaid Expenses	118.1	63.6	63.9	59.33	75.66	79.81
Restricted Cash	776.4	1,254	937.8	667.92	477.62	170.45
Other Current Assets	1.5	25.5	11	4.97	5.47	0.9
Total Current Assets	9,109	8,935	6,817	5,300	3,503	3,842
Property, Plant & Equipment	261.3	304.7	269.1	259.02	273.37	280.83
Long-Term Investments	73.7	66.8	84.1	54.55	37.27	30.46
Goodwill	3,025	3,016	2,729	2,908	2,688	2,441
Other Intangible Assets	1,314	1,459	1,474	1,643	1,552	1,575
Long-Term Accounts Receivable	28.3	33.1	37.9	40.72	19.93	20.5
Long-Term Deferred Tax Assets	16	13.7	13.4	5.64	17.52	12.83
Long-Term Deferred Charges	-	13.8	5.2	4.37	1.4	-
Other Long-Term Assets	134	40.3	99.9	91.67	90.86	95.18
Total Assets	13,961	13,882	11,529	10,307	8,183	8,298
Accounts Payable	1,366	1,479	1,366	1,022	778.21	969.82
Accrued Expenses	586.5	713.8	589.2	527.59	362.47	315.64
Short-Term Debt	1,384	986	149.5	100.86	85.95	104.26
Current Portion of Long-Term Debt	51.7	55.1	53.1	54.91	88.79	150.97
Current Portion of Leases	-	12	11.8	-	16.45	13.18
Current Unearned Revenue	31.4	12.4	8.1	-	8.53	5.17
Other Current Liabilities	5,299	5,261	4,117	2,694	1,400	1,491
Total Current Liabilities	8,718	8,519	6,294	4,400	2,741	3,050
Long-Term Debt	3,143	2,828	2,522	2,698	2,897	2,700
Long-Term Leases	-	66	70.6	81.05	82.97	67.91
Long-Term Unearned Revenue	54.7	83	87	58.9	24.61	-
Long-Term Deferred Tax Liabilities	137.6	129.5	142.2	192.97	220.12	218.74
Other Long-Term Liabilities	230.2	436.3	763.6	783.57	182.65	168.81
Total Liabilities	12,284	12,062	9,880	8,214	6,148	6,205
Common Stock	0.5	0.5	0.5	0.49	0.49	0.48
Additional Paid-In Capital	1,068	1,053	928	844.05	872.71	675.06
Retained Earnings	2,003	1,757	1,491	1,289	1,287	1,539
Treasury Stock	-1,248	-760.8	-463.2	-172.34	-172.34	-172.34
Comprehensive Income & Other	-145.8	-229.2	-306.3	-122.52	-82.94	-115.45
Total Common Equity	1,678	1,821	1,650	1,839	1,905	1,927
Minority Interest	-	-	-	254.11	130.24	166.45
Shareholders' Equity	1,678	1,821	1,650	2,093	2,035	2,093
Total Liabilities & Equity	13,961	13,882	11,529	10,307	8,183	8,298
Total Debt	4,579	3,947	2,807	2,935	3,171	3,036
Net Cash (Debt)	-300.9	51.3	-444.6	-1,397	-2,319	-2,223
Net Cash Per Share	-7.17	1.18	-9.95	-30.84	-52.90	-50.78
Filing Date Shares Outstanding	39.78	41.73	43.13	44.83	44.19	43.34
Total Common Shares Outstanding	39.8	41.9	43.22	44.83	44.19	43.32
Working Capital	391.3	416.1	523	899.81	761.99	792.43
Book Value Per Share	42.15	43.45	38.17	41.02	43.11	44.48
Tangible Book Value	-2,661	-2,654	-2,553	-2,713	-2,335	-2,089
Tangible Book Value Per Share	-66.86	-63.34	-59.07	-60.51	-52.85	-48.23
Machinery	-	51.9	83.2	84.36	87.11	94.48
Construction In Progress	-	-	-	19.02	7.91	18.5
Leasehold Improvements	-	20.8	24.1	25.21	32.11	32.41

Source: S&P Capital IQ. Standard template. Financial Sources.