Waystar Net Receivables vs Short Term Investments 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 Net Receivables 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.
Net Receivables vs Short Term Investments
Net Receivables 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 Net Receivables account and Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Waystar Holding's Net Receivables and Short Term Investments is -0.87. Overlapping area represents the amount of variation of Net Receivables 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 Net Receivables 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 Net Receivables 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 Net Receivables i.e., Waystar Holding's Net Receivables and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Receivables
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 |
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.