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Waystar HoldingWAY +3.72%14 Equity-to-Asset is 0.68 as of Jun. 2026, which is 1% above its 10-year median of 0.67. GuruFocus rates WAY with a GF Score™ of 14/100. The stock has 3 warning signs investors should review. Among 683 Healthcare Providers & Services companies, Waystar Holding ranks better than 71.16% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Waystar Holding's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $3,986 Mil. Waystar Holding's Total Assets for the quarter that ended in Jun. 2026 was $5,869 Mil.
Therefore, Waystar Holding's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.68.
The historical rank and industry rank for Waystar Holding's Equity-to-Asset or its related term are showing as below:
WAY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.67 Max: 0.68
Current: 0.68
During the past 5 years, the highest Equity to Asset Ratio of Waystar Holding was 0.68. The lowest was 0.44. And the median was 0.67.
WAY's Equity-to-Asset is ranked better than 71.16% of 683
companies
in the Healthcare Providers & Services industry
Industry Median: 0.48
vs WAY: 0.68
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Waystar Holding Equity-to-Asset Related Terms
Waystar Holding Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Waystar Holding's Equity-to-Asset 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.
WAY vs DOCS, PRVA, HNGE: Equity-to-Asset Comparison
For the Health Information Services subindustry, Waystar Holding's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Waystar Holding's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Waystar Holding's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Waystar Holding's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (WAY) has a Equity-to-Asset of 0.68 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Waystar Holding and its competitors. This is near median its historical median of 0.67. Over the past decade, Waystar Holding's Equity-to-Asset has ranged from 0.44 to 0.68. According to the industry distribution chart, Waystar Holding ranks #197 out of 683 companies in the Healthcare Providers & Services industry, placing it in the top 28.8%.
Is Waystar Holding's Equity-to-Asset too high?
Waystar Holding's current Equity-to-Asset of 0.68 is near median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.68. The Healthcare Providers & Services industry median Equity-to-Asset is 0.48. Waystar Holding's value of 0.68 is 41.7% above this industry median. Based on the distribution chart, Waystar Holding ranks #197 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 Equity-to-Asset compare to DOCS and PRVA?
According to the Healthcare Providers & Services industry distribution chart, Waystar Holding ranks #197 out of 683 companies for Equity-to-Asset. This puts Waystar Holding in the upper half of its industry. The industry median Equity-to-Asset is 0.48. Waystar Holding's value of 0.68 is 41.7% above this benchmark. Historically, Waystar Holding's own Equity-to-Asset has ranged from 0.44 to 0.68 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.48, 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 Equity-to-Asset for a Healthcare Providers & Services company?
The median Equity-to-Asset among Healthcare Providers & Services companies is 0.48, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waystar Holding's current Equity-to-Asset of 0.68 is 41.7% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Waystar Holding and its competitors. For the Healthcare Providers & Services industry, the median Equity-to-Asset is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waystar Holding's current Equity-to-Asset is 0.68, which is near median its own 10-year median of 0.67. 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 (WAY) has a current Equity-to-Asset of 0.68. The current Equity-to-Asset is 0.68, which is near median its 10-year median of 0.67 and 41.7% above the Healthcare Providers & Services industry median of 0.48. Waystar Holding's overall GF Score™ is 14/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Waystar Holding (WAY), the current Equity-to-Asset is 0.68 as of Jun. 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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