GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Waystar Holding Corp (NAS:WAY) » Definitions » LT-Debt-to-Total-Asset

WAY (Waystar Holding) LT-Debt-to-Total-Asset : 0.27 (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Waystar Holding LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Waystar Holding's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.27.

Waystar Holding's long-term debt to total assets ratio declined from Dec. 2023 (0.49) to Dec. 2024 (0.27). It may suggest that Waystar Holding is progressively becoming less dependent on debt to grow their business.


Waystar Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Waystar Holding's LT-Debt-to-Total-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.

* Premium members only.

Waystar Holding LT-Debt-to-Total-Asset Chart

Waystar Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
0.48 0.48 0.49 0.27

Waystar Holding Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.49 0.49 0.30 0.27 0.27

Waystar Holding LT-Debt-to-Total-Asset Calculation

Waystar Holding's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=1245.045/4577.004
=0.27

Waystar Holding's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=1245.045/4577.004
=0.27

* 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  (NAS:WAY) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


Waystar Holding LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Waystar Holding's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Waystar Holding Business Description

Traded in Other Exchanges
N/A
Address
1550 Digital Drive, Suite 300, Lehi, UT, USA, 84043
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.