Waste Connections Balance Sheet Health
Financial Health criteria checks 2/6
Waste Connections has a total shareholder equity of $8.3B and total debt of $8.2B, which brings its debt-to-equity ratio to 98.9%. Its total assets and total liabilities are $20.1B and $11.8B respectively. Waste Connections's EBIT is $1.5B making its interest coverage ratio 5.1. It has cash and short-term investments of $125.0M.
Key information
98.9%
Debt to equity ratio
US$8.17b
Debt
| Interest coverage ratio | 5.1x |
| Cash | US$124.96m |
| Equity | US$8.26b |
| Total liabilities | US$11.83b |
| Total assets | US$20.10b |
Recent financial health updates
Waste Connections (NYSE:WCN) Has A Pretty Healthy Balance Sheet
Sep 04
Does Waste Connections (NYSE:WCN) Have A Healthy Balance Sheet?
May 09Waste Connections (NYSE:WCN) Has A Pretty Healthy Balance Sheet
Jan 29Waste Connections (NYSE:WCN) Has A Pretty Healthy Balance Sheet
Sep 25Is Waste Connections (NYSE:WCN) A Risky Investment?
Jun 26Waste Connections (NYSE:WCN) Has A Pretty Healthy Balance Sheet
Mar 23Recent updates
Waste Connections: Great Business, Poor Valuation
Oct 28Waste Connections, Inc. (NYSE:WCN) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Oct 28Why Investors Shouldn't Be Surprised By Waste Connections, Inc.'s (NYSE:WCN) P/E
Oct 01Waste Connections: Waste Margin Improved 80-90bps
Sep 08Waste Connections (NYSE:WCN) Has A Pretty Healthy Balance Sheet
Sep 04Returns On Capital At Waste Connections (NYSE:WCN) Have Hit The Brakes
Aug 18Calculating The Intrinsic Value Of Waste Connections, Inc. (NYSE:WCN)
Jul 31Waste Connections, Inc. (NYSE:WCN) Not Lagging Market On Growth Or Pricing
Jun 06Does Waste Connections (NYSE:WCN) Have A Healthy Balance Sheet?
May 09Calculating The Intrinsic Value Of Waste Connections, Inc. (NYSE:WCN)
Apr 26Returns On Capital At Waste Connections (NYSE:WCN) Have Stalled
Mar 29Waste Connections Q4: Strong Pricing Growth And Reduced Wage Inflation Pressure
Mar 06Waste Connections (NYSE:WCN) Has A Pretty Healthy Balance Sheet
Jan 29Waste Connections: Concerns Despite A Great Track Record
Jan 02Earnings Tell The Story For Waste Connections, Inc. (NYSE:WCN)
Dec 23Calculating The Intrinsic Value Of Waste Connections, Inc. (NYSE:WCN)
Dec 04Waste Connections (NYSE:WCN) Has Some Way To Go To Become A Multi-Bagger
Nov 12Waste Connections: Revenue Growth And Margin Expansion Signaling Strong Future Performance
Oct 31Waste Connections: A Decentralized Operation With High Revenue Quality
Oct 13Waste Connections (NYSE:WCN) Has A Pretty Healthy Balance Sheet
Sep 25Waste Connections: Pricing Power, Margin Improvement Initiatives Drive A Positive Business Outlook
Sep 12Estimating The Intrinsic Value Of Waste Connections, Inc. (NYSE:WCN)
Sep 05Do Waste Connections' (NYSE:WCN) Earnings Warrant Your Attention?
Aug 21Waste Connections Stock: Highly Attractive Business But Not So Much For The Valuation
Aug 08Slowing Rates Of Return At Waste Connections (NYSE:WCN) Leave Little Room For Excitement
Aug 07Waste Connections: Impressive Growth But Looming Risks
Jul 26Is Waste Connections (NYSE:WCN) A Risky Investment?
Jun 26Estimating The Intrinsic Value Of Waste Connections, Inc. (NYSE:WCN)
May 31Here's Why Waste Connections (NYSE:WCN) Has Caught The Eye Of Investors
May 17Return Trends At Waste Connections (NYSE:WCN) Aren't Appealing
May 04Waste Connections (NYSE:WCN) Has A Pretty Healthy Balance Sheet
Mar 23Are Waste Connections, Inc. (NYSE:WCN) Investors Paying Above The Intrinsic Value?
Feb 27Waste Connections Q4 2022 Earnings Preview
Feb 14Return Trends At Waste Connections (NYSE:WCN) Aren't Appealing
Jan 29Waste Connections: Growth By Acquisition Strategy Under Pressure
Jan 28If EPS Growth Is Important To You, Waste Connections (NYSE:WCN) Presents An Opportunity
Dec 11Waste Connections, Inc.'s (NYSE:WCN) Intrinsic Value Is Potentially 24% Below Its Share Price
Nov 24Waste Connections: Industry-Leading Pricing Power Shines Through
Nov 16Financial Position Analysis
Short Term Liabilities: WCN's short term assets ($1.4B) do not cover its short term liabilities ($1.8B).
Long Term Liabilities: WCN's short term assets ($1.4B) do not cover its long term liabilities ($10.1B).
Debt to Equity History and Analysis
Debt Level: WCN's net debt to equity ratio (97.4%) is considered high.
Reducing Debt: WCN's debt to equity ratio has increased from 60.6% to 98.9% over the past 5 years.
Debt Coverage: WCN's debt is well covered by operating cash flow (27.1%).
Interest Coverage: WCN's interest payments on its debt are well covered by EBIT (5.1x coverage).