Waystar HoldingFRA:T8Z +6.71%14 Quick 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 63.84% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Waystar Holding's quick ratio for the quarter that ended in Mar. 2026 was 1.76.
Waystar Holding has a quick ratio of 1.76. It generally indicates good short-term financial strength.
The historical rank and industry rank for Waystar Holding's Quick Ratio or its related term are showing as below:
FRA:T8Z'
s Quick 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 Quick Ratio was 3.89. The lowest was 1.41. And the median was 2.15.
FRA:T8Z's Quick Ratio is ranked better than 63.84% of 683
companies
in the Healthcare Providers & Services industry
Industry Median: 1.32
vs FRA:T8Z: 1.76
Waystar Holding (FRA:T8Z) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Waystar Holding Quick Ratio Related Terms
Waystar Holding Quick Ratio Historical Data
* Premium members only.
The historical data trend for Waystar Holding's Quick 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: Quick Ratio Comparison
For the Health Information Services subindustry, Waystar Holding's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Waystar Holding's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Waystar Holding's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Waystar Holding's Quick 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 (FRA:T8Z) has a Quick Ratio of 1.76 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Waystar Holding and its competitors. This is 18% below median its historical median of 2.15. Over the past decade, Waystar Holding's Quick Ratio has ranged from 1.41 to 3.89. According to the industry distribution chart, Waystar Holding ranks #247 out of 683 companies in the Healthcare Providers & Services industry, placing it in the top 36.2%.
Is Waystar Holding's Quick Ratio too high?
Waystar Holding's current Quick 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 Quick Ratio is 1.32. Waystar Holding's value of 1.76 is 33.3% above this industry median. Based on the distribution chart, Waystar Holding ranks #247 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 Quick Ratio compare to DOCS and TXG?
According to the Healthcare Providers & Services industry distribution chart, Waystar Holding ranks #247 out of 683 companies for Quick Ratio. This puts Waystar Holding in the upper half of its industry. The industry median Quick Ratio is 1.32. Waystar Holding's value of 1.76 is 33.3% above this benchmark. Historically, Waystar Holding's own Quick 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 1.32, 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 Quick Ratio for a Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.32, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waystar Holding's current Quick Ratio of 1.76 is 33.3% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Waystar Holding and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waystar Holding's current Quick 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 Quick Ratio of 1.76. The current Quick Ratio is 1.76, which is 18% below median its 10-year median of 2.15 and 33.3% above the Healthcare Providers & Services industry median of 1.32. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Waystar Holding (FRA:T8Z), the current Quick 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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