Waystar Cash And Short Term Investments vs Cash Analysis
| WAY Stock | 31.25 0.11 0.35% |
Waystar Holding financial indicator trend analysis is more than just analyzing Waystar Holding Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Waystar Holding Corp is a good investment. Please check the relationship between Waystar Holding Cash And Short Term Investments and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waystar Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Cash And Short Term Investments vs Cash
Cash And Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waystar Holding Corp Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have totally related.
The correlation between Waystar Holding's Cash And Short Term Investments and Cash is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Waystar Holding Corp, assuming nothing else is changed. The correlation between historical values of Waystar Holding's Cash And Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Waystar Holding Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Waystar Holding's Cash And Short Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Waystar Holding Corp balance sheet. This account contains Waystar Holding investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Waystar Holding Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Cash
Cash refers to the most liquid asset of Waystar Holding Corp, which is listed under current asset account on Waystar Holding Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Waystar Holding customers. The amounts must be unrestricted with restricted cash listed in a different Waystar Holding account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Waystar Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Waystar Holding Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waystar Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Waystar Holding's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.11 in 2024, whereas Tax Provision is likely to drop (13.1 M) in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 127.0M | 155.3M | 205.9M | 179.0M | Depreciation And Amortization | 176.1M | 183.2M | 176.5M | 196.4M |
Waystar Holding fundamental ratios Correlations
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Waystar Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.