Waystar Cost Of Revenue vs Total Revenue 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 Cost Of Revenue and its Total Revenue 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.
Cost Of Revenue vs Total Revenue
Cost Of Revenue vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waystar Holding Corp Cost Of Revenue account and Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Waystar Holding's Cost Of Revenue and Total Revenue is 1.0. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Revenue 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 Cost Of Revenue and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Waystar Holding Corp are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Cost Of Revenue i.e., Waystar Holding's Cost Of Revenue and Total Revenue go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Waystar Holding Corp income statement and represents the costs associated with goods and services Waystar Holding provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Revenue
Total revenue comprises all receipts Waystar Holding Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.