Casella Waste Systems Balance Sheet Health
Financial Health criteria checks 4/6
Casella Waste Systems has a total shareholder equity of $1.5B and total debt of $1.0B, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are $3.1B and $1.6B respectively. Casella Waste Systems's EBIT is $98.8M making its interest coverage ratio 1.9. It has cash and short-term investments of $522.0M.
Key information
67.3%
Debt to equity ratio
US$1.03b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$521.99m |
| Equity | US$1.53b |
| Total liabilities | US$1.59b |
| Total assets | US$3.12b |
Recent financial health updates
Casella Waste Systems (NASDAQ:CWST) Has A Pretty Healthy Balance Sheet
Nov 28
We Think Casella Waste Systems (NASDAQ:CWST) Can Stay On Top Of Its Debt
Aug 01We Think Casella Waste Systems (NASDAQ:CWST) Can Stay On Top Of Its Debt
Apr 01Recent updates
Casella Waste Systems: Not Trash, But Not Treasure Either
Dec 18Is Now The Time To Look At Buying Casella Waste Systems, Inc. (NASDAQ:CWST)?
Dec 16Casella Waste Systems (NASDAQ:CWST) Has A Pretty Healthy Balance Sheet
Nov 28Casella Waste Systems: Is It Time To Take Out The Trash?
Nov 24Casella Waste Systems, Inc. (NASDAQ:CWST) Not Flying Under The Radar
Oct 31A Look At The Fair Value Of Casella Waste Systems, Inc. (NASDAQ:CWST)
Oct 13Casella Waste Systems Dives On Its Big Capital Raise (Rating Upgrade)
Sep 18Is It Too Late To Consider Buying Casella Waste Systems, Inc. (NASDAQ:CWST)?
Sep 04Casella Waste Systems: I Am Still Optimistic About The EBITDA Growth Outlook
Aug 16Casella Waste Systems: Trash Is King, But This Valuation Just Stinks
Aug 04We Think Casella Waste Systems (NASDAQ:CWST) Can Stay On Top Of Its Debt
Aug 01Pinning Down Casella Waste Systems, Inc.'s (NASDAQ:CWST) P/S Is Difficult Right Now
Jul 11Why Casella Waste Systems, Inc. (NASDAQ:CWST) Could Be Worth Watching
Jun 05Casella Waste Systems: I Am Still Buy Rated As EBITDA Growth Outlook Remains Bright
May 14Casella Waste Systems, Inc. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
Apr 30We Think Casella Waste Systems (NASDAQ:CWST) Can Stay On Top Of Its Debt
Apr 01Casella Waste Systems: Acquisitive Growth And Margin Expansion Continue
Feb 26Is Now An Opportune Moment To Examine Casella Waste Systems, Inc. (NASDAQ:CWST)?
Feb 10What Casella Waste Systems, Inc.'s (NASDAQ:CWST) P/S Is Not Telling You
Jan 03Financial Position Analysis
Short Term Liabilities: CWST's short term assets ($743.1M) exceed its short term liabilities ($291.3M).
Long Term Liabilities: CWST's short term assets ($743.1M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: CWST's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: CWST's debt to equity ratio has reduced from 466.7% to 67.3% over the past 5 years.
Debt Coverage: CWST's debt is well covered by operating cash flow (23.9%).
Interest Coverage: CWST's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Casella Waste Systems, Inc. is covered by 20 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Samuel England | Berenberg |
| Michael Feniger | BofA Global Research |
| Eric Prouty | Canaccord Genuity |