Waystar Holding Balance Sheet Health
Financial Health criteria checks 3/6
Waystar Holding has a total shareholder equity of $2.0B and total debt of $2.2B, which brings its debt-to-equity ratio to 110.3%. Its total assets and total liabilities are $4.6B and $2.5B respectively. Waystar Holding's EBIT is $143.2M making its interest coverage ratio 0.7. It has cash and short-term investments of $77.3M.
Key information
110.3%
Debt to equity ratio
US$2.25b
Debt
Interest coverage ratio | 0.7x |
Cash | US$77.29m |
Equity | US$2.04b |
Total liabilities | US$2.54b |
Total assets | US$4.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WAY's short term assets ($250.5M) exceed its short term liabilities ($132.0M).
Long Term Liabilities: WAY's short term assets ($250.5M) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: WAY's net debt to equity ratio (106.5%) is considered high.
Reducing Debt: Insufficient data to determine if WAY's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable WAY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WAY is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 51.8% per year.