Waystar Good Will vs Short Term Debt Analysis

WAY Stock   31.14  0.22  0.71%   
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 Good Will and its Short Term Debt 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.

Good Will vs Short Term Debt

Good Will vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waystar Holding Corp Good Will account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Waystar Holding's Good Will and Short Term Debt is 0.64. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Term Debt 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 Good Will and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Waystar Holding Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Good Will i.e., Waystar Holding's Good Will and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Short Term Debt

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

0.980.97-0.750.99-0.810.890.980.85-0.510.451.0-0.70.980.990.45-0.79-0.970.980.99-0.62-0.64-0.981.00.99-0.75
0.980.98-0.651.0-0.720.881.00.75-0.370.380.97-0.580.921.00.38-0.66-1.00.920.95-0.53-0.51-1.00.961.0-0.62
0.970.98-0.570.97-0.810.960.980.82-0.290.220.97-0.690.90.990.22-0.71-0.960.90.95-0.68-0.63-0.970.960.98-0.71
-0.75-0.65-0.57-0.70.64-0.43-0.62-0.730.95-0.87-0.750.62-0.86-0.65-0.870.80.66-0.86-0.790.350.530.65-0.77-0.680.69
0.991.00.97-0.7-0.740.870.990.78-0.440.440.98-0.610.951.00.44-0.7-1.00.950.97-0.54-0.54-1.00.981.0-0.66
-0.81-0.72-0.810.64-0.74-0.88-0.72-0.990.5-0.18-0.850.98-0.85-0.75-0.180.960.67-0.85-0.860.940.970.68-0.86-0.740.98
0.890.880.96-0.430.87-0.880.890.86-0.170.00.9-0.790.820.90.0-0.74-0.840.820.88-0.84-0.76-0.860.890.89-0.78
0.981.00.98-0.620.99-0.720.890.75-0.340.340.97-0.580.911.00.34-0.65-0.990.910.95-0.55-0.52-1.00.961.0-0.62
0.850.750.82-0.730.78-0.990.860.75-0.590.30.89-0.970.90.780.3-0.98-0.720.90.9-0.89-0.94-0.730.890.78-0.98
-0.51-0.37-0.290.95-0.440.5-0.17-0.34-0.59-0.89-0.520.53-0.67-0.37-0.890.720.39-0.67-0.570.230.460.37-0.55-0.410.6
0.450.380.22-0.870.44-0.180.00.340.3-0.890.43-0.160.570.361.0-0.41-0.430.570.470.15-0.07-0.410.450.4-0.25
1.00.970.97-0.750.98-0.850.90.970.89-0.520.43-0.750.980.980.43-0.82-0.960.981.0-0.67-0.69-0.961.00.98-0.79
-0.7-0.58-0.690.62-0.610.98-0.79-0.58-0.970.53-0.16-0.75-0.77-0.62-0.160.960.53-0.77-0.770.950.990.54-0.76-0.621.0
0.980.920.9-0.860.95-0.850.820.910.9-0.670.570.98-0.770.930.57-0.87-0.921.00.99-0.64-0.7-0.920.990.94-0.82
0.991.00.99-0.651.0-0.750.91.00.78-0.370.360.98-0.620.930.36-0.69-0.990.930.96-0.58-0.56-0.990.971.0-0.66
0.450.380.22-0.870.44-0.180.00.340.3-0.891.00.43-0.160.570.36-0.41-0.430.570.470.15-0.07-0.410.450.4-0.25
-0.79-0.66-0.710.8-0.70.96-0.74-0.65-0.980.72-0.41-0.820.96-0.87-0.69-0.410.63-0.87-0.850.840.930.64-0.84-0.70.98
-0.97-1.0-0.960.66-1.00.67-0.84-0.99-0.720.39-0.43-0.960.53-0.92-0.99-0.430.63-0.92-0.940.470.461.0-0.95-0.990.58
0.980.920.9-0.860.95-0.850.820.910.9-0.670.570.98-0.771.00.930.57-0.87-0.920.99-0.64-0.7-0.920.990.94-0.82
0.990.950.95-0.790.97-0.860.880.950.9-0.570.471.0-0.770.990.960.47-0.85-0.940.99-0.68-0.71-0.941.00.97-0.81
-0.62-0.53-0.680.35-0.540.94-0.84-0.55-0.890.230.15-0.670.95-0.64-0.580.150.840.47-0.64-0.680.970.49-0.67-0.560.92
-0.64-0.51-0.630.53-0.540.97-0.76-0.52-0.940.46-0.07-0.690.99-0.7-0.56-0.070.930.46-0.7-0.710.970.47-0.7-0.550.98
-0.98-1.0-0.970.65-1.00.68-0.86-1.0-0.730.37-0.41-0.960.54-0.92-0.99-0.410.641.0-0.92-0.940.490.47-0.95-1.00.59
1.00.960.96-0.770.98-0.860.890.960.89-0.550.451.0-0.760.990.970.45-0.84-0.950.991.0-0.67-0.7-0.950.97-0.8
0.991.00.98-0.681.0-0.740.891.00.78-0.410.40.98-0.620.941.00.4-0.7-0.990.940.97-0.56-0.55-1.00.97-0.66
-0.75-0.62-0.710.69-0.660.98-0.78-0.62-0.980.6-0.25-0.791.0-0.82-0.66-0.250.980.58-0.82-0.810.920.980.59-0.8-0.66
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Waystar Holding Account Relationship Matchups

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