WEX Debt/Equity Ratio 2010-2024 | WEX
- WEX average debt/equity ratio for 2023 was 1.52, a 0.65% increase from 2022.
- WEX average debt/equity ratio for 2022 was 1.53, a 3.38% decline from 2021.
- WEX average debt/equity ratio for 2021 was 1.48, a 4.96% increase from 2020.
Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.