How to interpret "enrichment ratio" in enrichment analysis result table?

In ORA and SSP: Fold-enrichment is calculated by dividing the observed number of hits by the expected number of hits (“Hits” / “Expect” columns of the ORA and SSP results table).

In QEA: Fold-enrichment is calculated by dividing the observed Q statistic by the expected Q statistic (“Statistic” / “Expected” columns of the QEA results table).