Waystar Common Stock vs Short Term Investments Analysis

WAY Stock

30.96 0.29 0.93%

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 Common Stock and its Short Term Investments 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.

Common Stock vs Short Term Investments

Common Stock vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waystar Holding Corp Common Stock account and Short Term Investments. At this time, the significance of the direction appears to have totally related.

The correlation between Waystar Holding's Common Stock and Short Term Investments is 1.0. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Term Investments 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 Common Stock and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Waystar Holding Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Common Stock i.e., Waystar Holding's Common Stock and Short Term Investments go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Common Stock

Short Term Investments

Short Term Investments is an item under the current assets section of Waystar Holding balance sheet. It contains any investments Waystar Holding Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Waystar Holding Corp can easily liquidate in the marketplace.

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

Interest Expense Depreciation And Amortization

Waystar Holding fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		0.98	0.97	-0.75	0.99	-0.81	0.89	0.98	0.85	-0.51	0.45	1.0	-0.7	0.98	0.99	0.45	-0.79	-0.97	0.98	0.99	-0.62	-0.64	-0.98	1.0	0.99	-0.75
Short Long Term Debt Total	0.98		0.98	-0.65	1.0	-0.72	0.88	1.0	0.75	-0.37	0.38	0.97	-0.58	0.92	1.0	0.38	-0.66	-1.0	0.92	0.95	-0.53	-0.51	-1.0	0.96	1.0	-0.62
Other Current Liab	0.97	0.98		-0.57	0.97	-0.81	0.96	0.98	0.82	-0.29	0.22	0.97	-0.69	0.9	0.99	0.22	-0.71	-0.96	0.9	0.95	-0.68	-0.63	-0.97	0.96	0.98	-0.71
Total Current Liabilities	-0.75	-0.65	-0.57		-0.7	0.64	-0.43	-0.62	-0.73	0.95	-0.87	-0.75	0.62	-0.86	-0.65	-0.87	0.8	0.66	-0.86	-0.79	0.35	0.53	0.65	-0.77	-0.68	0.69
Total Stockholder Equity	0.99	1.0	0.97	-0.7		-0.74	0.87	0.99	0.78	-0.44	0.44	0.98	-0.61	0.95	1.0	0.44	-0.7	-1.0	0.95	0.97	-0.54	-0.54	-1.0	0.98	1.0	-0.66
Property Plant And Equipment Net	-0.81	-0.72	-0.81	0.64	-0.74		-0.88	-0.72	-0.99	0.5	-0.18	-0.85	0.98	-0.85	-0.75	-0.18	0.96	0.67	-0.85	-0.86	0.94	0.97	0.68	-0.86	-0.74	0.98
Current Deferred Revenue	0.89	0.88	0.96	-0.43	0.87	-0.88		0.89	0.86	-0.17	0.0	0.9	-0.79	0.82	0.9	0.0	-0.74	-0.84	0.82	0.88	-0.84	-0.76	-0.86	0.89	0.89	-0.78
Net Debt	0.98	1.0	0.98	-0.62	0.99	-0.72	0.89		0.75	-0.34	0.34	0.97	-0.58	0.91	1.0	0.34	-0.65	-0.99	0.91	0.95	-0.55	-0.52	-1.0	0.96	1.0	-0.62
Retained Earnings	0.85	0.75	0.82	-0.73	0.78	-0.99	0.86	0.75		-0.59	0.3	0.89	-0.97	0.9	0.78	0.3	-0.98	-0.72	0.9	0.9	-0.89	-0.94	-0.73	0.89	0.78	-0.98
Accounts Payable	-0.51	-0.37	-0.29	0.95	-0.44	0.5	-0.17	-0.34	-0.59		-0.89	-0.52	0.53	-0.67	-0.37	-0.89	0.72	0.39	-0.67	-0.57	0.23	0.46	0.37	-0.55	-0.41	0.6
Cash	0.45	0.38	0.22	-0.87	0.44	-0.18	0.0	0.34	0.3	-0.89		0.43	-0.16	0.57	0.36	1.0	-0.41	-0.43	0.57	0.47	0.15	-0.07	-0.41	0.45	0.4	-0.25
Non Current Assets Total	1.0	0.97	0.97	-0.75	0.98	-0.85	0.9	0.97	0.89	-0.52	0.43		-0.75	0.98	0.98	0.43	-0.82	-0.96	0.98	1.0	-0.67	-0.69	-0.96	1.0	0.98	-0.79
Non Currrent Assets Other	-0.7	-0.58	-0.69	0.62	-0.61	0.98	-0.79	-0.58	-0.97	0.53	-0.16	-0.75		-0.77	-0.62	-0.16	0.96	0.53	-0.77	-0.77	0.95	0.99	0.54	-0.76	-0.62	1.0
Other Assets	0.98	0.92	0.9	-0.86	0.95	-0.85	0.82	0.91	0.9	-0.67	0.57	0.98	-0.77		0.93	0.57	-0.87	-0.92	1.0	0.99	-0.64	-0.7	-0.92	0.99	0.94	-0.82
Long Term Debt	0.99	1.0	0.99	-0.65	1.0	-0.75	0.9	1.0	0.78	-0.37	0.36	0.98	-0.62	0.93		0.36	-0.69	-0.99	0.93	0.96	-0.58	-0.56	-0.99	0.97	1.0	-0.66
Cash And Short Term Investments	0.45	0.38	0.22	-0.87	0.44	-0.18	0.0	0.34	0.3	-0.89	1.0	0.43	-0.16	0.57	0.36		-0.41	-0.43	0.57	0.47	0.15	-0.07	-0.41	0.45	0.4	-0.25
Net Receivables	-0.79	-0.66	-0.71	0.8	-0.7	0.96	-0.74	-0.65	-0.98	0.72	-0.41	-0.82	0.96	-0.87	-0.69	-0.41		0.63	-0.87	-0.85	0.84	0.93	0.64	-0.84	-0.7	0.98
Good Will	-0.97	-1.0	-0.96	0.66	-1.0	0.67	-0.84	-0.99	-0.72	0.39	-0.43	-0.96	0.53	-0.92	-0.99	-0.43	0.63		-0.92	-0.94	0.47	0.46	1.0	-0.95	-0.99	0.58
Common Stock Shares Outstanding	0.98	0.92	0.9	-0.86	0.95	-0.85	0.82	0.91	0.9	-0.67	0.57	0.98	-0.77	1.0	0.93	0.57	-0.87	-0.92		0.99	-0.64	-0.7	-0.92	0.99	0.94	-0.82
Non Current Liabilities Total	0.99	0.95	0.95	-0.79	0.97	-0.86	0.88	0.95	0.9	-0.57	0.47	1.0	-0.77	0.99	0.96	0.47	-0.85	-0.94	0.99		-0.68	-0.71	-0.94	1.0	0.97	-0.81
Capital Lease Obligations	-0.62	-0.53	-0.68	0.35	-0.54	0.94	-0.84	-0.55	-0.89	0.23	0.15	-0.67	0.95	-0.64	-0.58	0.15	0.84	0.47	-0.64	-0.68		0.97	0.49	-0.67	-0.56	0.92
Other Current Assets	-0.64	-0.51	-0.63	0.53	-0.54	0.97	-0.76	-0.52	-0.94	0.46	-0.07	-0.69	0.99	-0.7	-0.56	-0.07	0.93	0.46	-0.7	-0.71	0.97		0.47	-0.7	-0.55	0.98
Other Stockholder Equity	-0.98	-1.0	-0.97	0.65	-1.0	0.68	-0.86	-1.0	-0.73	0.37	-0.41	-0.96	0.54	-0.92	-0.99	-0.41	0.64	1.0	-0.92	-0.94	0.49	0.47		-0.95	-1.0	0.59
Total Liab	1.0	0.96	0.96	-0.77	0.98	-0.86	0.89	0.96	0.89	-0.55	0.45	1.0	-0.76	0.99	0.97	0.45	-0.84	-0.95	0.99	1.0	-0.67	-0.7	-0.95		0.97	-0.8
Net Invested Capital	0.99	1.0	0.98	-0.68	1.0	-0.74	0.89	1.0	0.78	-0.41	0.4	0.98	-0.62	0.94	1.0	0.4	-0.7	-0.99	0.94	0.97	-0.56	-0.55	-1.0	0.97		-0.66
Property Plant And Equipment Gross	-0.75	-0.62	-0.71	0.69	-0.66	0.98	-0.78	-0.62	-0.98	0.6	-0.25	-0.79	1.0	-0.82	-0.66	-0.25	0.98	0.58	-0.82	-0.81	0.92	0.98	0.59	-0.8	-0.66

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Waystar Holding Account Relationship Matchups

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Waystar Common Stock vs Short Term Investments Analysis

Common Stock vs Short Term Investments

Common Stock vs Short Term Investments Correlation Analysis

Correlation Coefficient

Common Stock

Short Term Investments

Waystar Holding fundamental ratios Correlations

Waystar Holding Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Waystar Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Short Long Term Debt Total
Net Invested Capital	+ 1.0	Short Long Term Debt Total

Net Invested Capital	- 1.0	Other Stockholder Equity
Other Stockholder Equity	- 1.0	Net Debt
Other Stockholder Equity	- 1.0	Total Stockholder Equity
Good Will	- 1.0	Total Stockholder Equity
Other Stockholder Equity	- 1.0	Short Long Term Debt Total
Good Will	- 1.0	Short Long Term Debt Total