Waystar Holding Corp. Common Stock (WAY)

Quick ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Cash US$ in thousands 182,133 35,580 72,636 54,501
Short-term investments US$ in thousands 9,848
Receivables US$ in thousands 148,073 132,900 111,433 103,009
Total current liabilities US$ in thousands 145,633 123,489 102,212 110,263
Quick ratio 2.27 1.44 1.80 1.43

December 31, 2024 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($182,133K + $—K + $148,073K) ÷ $145,633K
= 2.27