Waystar Holding Balance Sheet Health
Financial Health criteria checks 4/6
Waystar Holding has a total shareholder equity of $3.1B and total debt of $1.2B, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are $4.5B and $1.5B respectively. Waystar Holding's EBIT is $124.1M making its interest coverage ratio 0.7. It has cash and short-term investments of $129.1M.
Key information
40.5%
Debt to equity ratio
US$1.24b
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$129.08m |
| Equity | US$3.05b |
| Total liabilities | US$1.49b |
| Total assets | US$4.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WAY's short term assets ($305.4M) exceed its short term liabilities ($133.1M).
Long Term Liabilities: WAY's short term assets ($305.4M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: WAY's net debt to equity ratio (36.3%) is considered satisfactory.
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 38.5% per year.