Waystar Holding Corp. Common Stock (WAY)

Cash ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Cash and cash equivalents US$ in thousands 182,133 35,580 72,636 54,501
Short-term investments US$ in thousands 9,848
Total current liabilities US$ in thousands 145,633 123,489 102,212 110,263
Cash ratio 1.25 0.37 0.71 0.49

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($182,133K + $—K) ÷ $145,633K
= 1.25