Waystar Short Term Debt vs Accounts Payable 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 Short Term Debt and its Accounts Payable 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.
Short Term Debt vs Accounts Payable
Short Term Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waystar Holding Corp Short Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Waystar Holding's Short Term Debt and Accounts Payable is 0.4. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Accounts Payable 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 Short Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Waystar Holding Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Term Debt i.e., Waystar Holding's Short Term Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.4 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Short Term Debt
Accounts Payable
An accounting item on the balance sheet that represents Waystar Holding obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Waystar Holding Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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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