Waystar HoldingFRA:T8Z +6.71%14 Current Ratio is 1.76 as of Mar. 2026, which is 18% below its 10-year median of 2.15. GuruFocus rates FRA:T8Z with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 683 Healthcare Providers & Services companies, Waystar Holding ranks better than 60.32% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Waystar Holding's current ratio for the quarter that ended in Mar. 2026 was 1.76.
Waystar Holding has a current ratio of 1.76. It generally indicates good short-term financial strength.
The historical rank and industry rank for Waystar Holding's Current Ratio or its related term are showing as below:
FRA:T8Z'
s Current Ratio Range Over the Past 10 Years
Min: 1.41 Med: 2.15 Max: 3.89
Current: 1.76
During the past 5 years, Waystar Holding's highest Current Ratio was 3.89. The lowest was 1.41. And the median was 2.15.
FRA:T8Z's Current Ratio is ranked better than 60.32% of 683
companies
in the Healthcare Providers & Services industry
Industry Median: 1.47
vs FRA:T8Z: 1.76
Waystar Holding (FRA:T8Z) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Waystar Holding Current Ratio Related Terms
Waystar Holding Current Ratio Historical Data
* Premium members only.
The historical data trend for Waystar Holding's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:T8Z vs DOCS, TXG, HNGE: Current Ratio Comparison
For the Health Information Services subindustry, Waystar Holding's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Waystar Holding Current Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Waystar Holding's Current Ratio distribution charts can be found below:
* The bar in red indicates where Waystar Holding's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Waystar Holding (FRA:T8Z) has a Current Ratio of 1.76 as of Mar. 2026. This is 18% below median its historical median of 2.15. Over the past decade, Waystar Holding's Current Ratio has ranged from 1.41 to 3.89. According to the industry distribution chart, Waystar Holding ranks #271 out of 683 companies in the Healthcare Providers & Services industry, placing it in the top 39.7%.
Is Waystar Holding's Current Ratio too high?
Waystar Holding's current Current Ratio of 1.76 is 18% below median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 3.89. The Healthcare Providers & Services industry median Current Ratio is 1.47. Waystar Holding's value of 1.76 is 19.7% above this industry median. Based on the distribution chart, Waystar Holding ranks #271 out of 683 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Waystar Holding has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Waystar Holding's Current Ratio compare to DOCS and TXG?
According to the Healthcare Providers & Services industry distribution chart, Waystar Holding ranks #271 out of 683 companies for Current Ratio. This puts Waystar Holding in the upper half of its industry. The industry median Current Ratio is 1.47. Waystar Holding's value of 1.76 is 19.7% above this benchmark. Historically, Waystar Holding's own Current Ratio has ranged from 1.41 to 3.89 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 1.47, Waystar Holding has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Healthcare Providers & Services company?
The median Current Ratio among Healthcare Providers & Services companies is 1.47, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waystar Holding's current Current Ratio of 1.76 is 19.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Healthcare Providers & Services industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waystar Holding's current Current Ratio is 1.76, which is 18% below median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waystar Holding stock overvalued right now?
Waystar Holding (FRA:T8Z) has a current Current Ratio of 1.76. The current Current Ratio is 1.76, which is 18% below median its 10-year median of 2.15 and 19.7% above the Healthcare Providers & Services industry median of 1.47. Waystar Holding's overall GF Score™ is 14/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Waystar Holding (FRA:T8Z), the current Current Ratio is 1.76 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Waystar Holding Corp is a provider of mission-critical cloud technology to healthcare organizations. Its enterprise-grade platform transforms the complex and disparate processes comprising healthcare payments received by healthcare providers from payers and patients, from pre-service engagement through post-service remittance and reconciliation. its platform enhances data integrity, eliminates manual tasks, and improves claim and billing accuracy, which results in transparency, reduced labor costs, and faster, more accurate reimbursement and cash flow. The market for solutions extends throughout the United States and includes Puerto Rico and other USA Territories.
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