Waystar Holding Corp Stock Beneish M Score

WAY Stock   31.25  0.11  0.35%   
This module uses fundamental data of Waystar Holding to approximate the value of its Beneish M Score. Waystar Holding M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Waystar Holding Piotroski F Score and Waystar Holding Altman Z Score analysis.
  
At this time, Waystar Holding's Short Term Debt is fairly stable compared to the past year. Net Debt To EBITDA is likely to rise to 8.61 in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 1.8 B in 2024.
At this time, Waystar Holding's M Score is unavailable. The earnings manipulation may begin if Waystar Holding's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Waystar Holding executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Waystar Holding's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-3.08
Beneish M Score - Unavailable
Elasticity of Receivables

1.0

Focus
Asset Quality

N/A

Focus
Expense Coverage

0.89

Focus
Gross Margin Strengs

0.76

Focus
Accruals Factor

0.89

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.96

Focus
Financial Leverage Condition

0.98

Focus

Waystar Holding Beneish M-Score Indicator Trends

The cure to earnings manipulation is the transparency of financial reporting. It will typically remove the temptation of the top executives to inflate earnings (i.e., to promote the idea of 'winning at any cost'). Because a healthy internal audit department can enhance transparency, the board should promote the auditors' access to all the record-keeping systems across the enterprise. For example, if Waystar Holding's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Receivables127.4 M132.9 M
Sufficiently Down
Slightly volatile
Total Revenue760.6 M791 M
Sufficiently Down
Slightly volatile
Total Assets3.8 B4.6 B
Significantly Down
Slightly volatile
Total Current Assets220 M222.1 M
Slightly Down
Slightly volatile
Non Current Assets Total3.6 B4.4 B
Fairly Down
Slightly volatile
Depreciation And Amortization196.4 M176.5 M
Moderately Up
Slightly volatile
Selling General Administrative53.7 M62.9 M
Fairly Down
Pretty Stable
Total Current Liabilities123.2 M123.5 M
Slightly Down
Slightly volatile
Non Current Liabilities TotalB2.4 B
Fairly Down
Slightly volatile
Net Debt1.8 B2.2 B
Significantly Down
Slightly volatile
Short Term Debt23.7 M23.2 M
Fairly Up
Slightly volatile
Long Term Debt1.8 B2.2 B
Significantly Down
Slightly volatile
Operating Income118.2 M146.4 M
Significantly Down
Slightly volatile
Total Cash From Operating Activities69.5 M51.5 M
Significantly Up
Slightly volatile
Short Term Investments10.8 M12.2 M
Fairly Down
Slightly volatile
Gross Profit Margin0.350.4612
Way Down
Pretty Stable

Waystar Holding Corp Beneish M-Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to detect the potential manipulation of earnings. Understanding the correlation between Waystar Holding's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Waystar Holding in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Waystar Holding's degree of accounting gimmicks and manipulations.

About Waystar Holding Beneish M Score

M-Score is one of many grading techniques for value stocks. It was developed by Professor M. Daniel Beneish of the Kelley School of Business at Indiana University and published in 1999 under the paper titled The Detection of Earnings Manipulation. The Beneish score is a multi-factor model that utilizes financial identifiers to compile eight variables used to classify whether a company has manipulated its reported earnings. The variables are built from the officially filed financial statements to create a final score call 'M Score.' The score helps to identify companies that are likely to manipulate their profits if they show deteriorating gross margins, operating expenses, and leverage against growing revenue.

Other Operating Expenses

644.02 Million

At this time, Waystar Holding's Other Operating Expenses is fairly stable compared to the past year.

Waystar Holding ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Waystar Holding's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Waystar Holding's managers, analysts, and investors.
Environmental
Governance
Social

About Waystar Holding Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Waystar Holding Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Waystar Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Waystar Holding Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Waystar Stock Analysis

When running Waystar Holding's price analysis, check to measure Waystar Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Waystar Holding is operating at the current time. Most of Waystar Holding's value examination focuses on studying past and present price action to predict the probability of Waystar Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waystar Holding's price. Additionally, you may evaluate how the addition of Waystar Holding to your portfolios can decrease your overall portfolio volatility.