Waystar Cash Conversion Cycle vs Free Cash Flow Yield Analysis

WAY Stock   30.88  0.29  0.95%   
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 Conversion Cycle and its Free Cash Flow Yield 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 Conversion Cycle vs Free Cash Flow Yield

Cash Conversion Cycle vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waystar Holding Corp Cash Conversion Cycle account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Waystar Holding's Cash Conversion Cycle and Free Cash Flow Yield is 0.98. Overlapping area represents the amount of variation of Cash Conversion Cycle that can explain the historical movement of Free Cash Flow Yield 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 Conversion Cycle and Free Cash Flow Yield 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 Conversion Cycle of Waystar Holding Corp are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Cash Conversion Cycle i.e., Waystar Holding's Cash Conversion Cycle and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash Conversion Cycle

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
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 Expense127.0M155.3M205.9M179.0M
Depreciation And Amortization176.1M183.2M176.5M196.4M

Waystar Holding fundamental ratios Correlations

0.980.97-0.750.99-0.810.890.970.85-0.510.511.0-0.70.980.990.45-0.79-0.970.980.99-0.62-0.64-0.981.00.99-0.75
0.980.98-0.651.0-0.720.881.00.75-0.370.390.97-0.580.921.00.38-0.66-1.00.920.95-0.53-0.51-1.00.961.0-0.62
0.970.98-0.570.97-0.810.960.980.82-0.290.280.97-0.690.90.990.22-0.71-0.960.90.95-0.68-0.63-0.970.960.98-0.71
-0.75-0.65-0.57-0.70.64-0.43-0.6-0.730.95-0.95-0.750.62-0.86-0.65-0.870.80.66-0.86-0.790.350.530.65-0.77-0.680.69
0.991.00.97-0.7-0.740.870.990.78-0.440.460.98-0.610.951.00.44-0.7-1.00.950.97-0.54-0.54-1.00.981.0-0.66
-0.81-0.72-0.810.64-0.74-0.88-0.71-0.990.5-0.39-0.850.98-0.85-0.75-0.180.960.67-0.85-0.860.940.970.68-0.86-0.740.98
0.890.880.96-0.430.87-0.880.890.86-0.170.120.9-0.790.820.90.0-0.74-0.840.820.88-0.84-0.76-0.860.890.89-0.78
0.971.00.98-0.60.99-0.710.890.74-0.320.340.96-0.570.91.00.33-0.64-0.990.90.94-0.54-0.5-1.00.951.0-0.61
0.850.750.82-0.730.78-0.990.860.74-0.590.50.89-0.970.90.780.3-0.98-0.720.90.9-0.89-0.94-0.730.890.78-0.98
-0.51-0.37-0.290.95-0.440.5-0.17-0.32-0.59-0.98-0.520.53-0.67-0.37-0.890.720.39-0.67-0.570.230.460.37-0.55-0.410.6
0.510.390.28-0.950.46-0.390.120.340.5-0.980.5-0.40.650.390.96-0.62-0.420.650.55-0.09-0.32-0.40.530.42-0.48
1.00.970.97-0.750.98-0.850.90.960.89-0.520.5-0.750.980.980.43-0.82-0.960.981.0-0.67-0.69-0.961.00.98-0.79
-0.7-0.58-0.690.62-0.610.98-0.79-0.57-0.970.53-0.4-0.75-0.77-0.62-0.160.960.53-0.77-0.770.950.990.54-0.76-0.621.0
0.980.920.9-0.860.95-0.850.820.90.9-0.670.650.98-0.770.930.57-0.87-0.921.00.99-0.64-0.7-0.920.990.94-0.82
0.991.00.99-0.651.0-0.750.91.00.78-0.370.390.98-0.620.930.36-0.69-0.990.930.96-0.58-0.56-0.990.971.0-0.66
0.450.380.22-0.870.44-0.180.00.330.3-0.890.960.43-0.160.570.36-0.41-0.430.570.470.15-0.07-0.410.450.4-0.25
-0.79-0.66-0.710.8-0.70.96-0.74-0.64-0.980.72-0.62-0.820.96-0.87-0.69-0.410.63-0.87-0.850.840.930.64-0.84-0.70.98
-0.97-1.0-0.960.66-1.00.67-0.84-0.99-0.720.39-0.42-0.960.53-0.92-0.99-0.430.63-0.92-0.940.470.461.0-0.95-0.990.58
0.980.920.9-0.860.95-0.850.820.90.9-0.670.650.98-0.771.00.930.57-0.87-0.920.99-0.64-0.7-0.920.990.94-0.82
0.990.950.95-0.790.97-0.860.880.940.9-0.570.551.0-0.770.990.960.47-0.85-0.940.99-0.68-0.71-0.941.00.97-0.81
-0.62-0.53-0.680.35-0.540.94-0.84-0.54-0.890.23-0.09-0.670.95-0.64-0.580.150.840.47-0.64-0.680.970.49-0.67-0.560.92
-0.64-0.51-0.630.53-0.540.97-0.76-0.5-0.940.46-0.32-0.690.99-0.7-0.56-0.070.930.46-0.7-0.710.970.47-0.7-0.550.98
-0.98-1.0-0.970.65-1.00.68-0.86-1.0-0.730.37-0.4-0.960.54-0.92-0.99-0.410.641.0-0.92-0.940.490.47-0.95-1.00.59
1.00.960.96-0.770.98-0.860.890.950.89-0.550.531.0-0.760.990.970.45-0.84-0.950.991.0-0.67-0.7-0.950.97-0.8
0.991.00.98-0.681.0-0.740.891.00.78-0.410.420.98-0.620.941.00.4-0.7-0.990.940.97-0.56-0.55-1.00.97-0.66
-0.75-0.62-0.710.69-0.660.98-0.78-0.61-0.980.6-0.48-0.791.0-0.82-0.66-0.250.980.58-0.82-0.810.920.980.59-0.8-0.66
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Waystar Holding Account Relationship Matchups

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