Waste Connections Balance Sheet Health
Financial Health criteria checks 2/6
Waste Connections has a total shareholder equity of $7.8B and total debt of $7.8B, which brings its debt-to-equity ratio to 100.3%. Its total assets and total liabilities are $19.1B and $11.3B respectively. Waste Connections's EBIT is $1.4B making its interest coverage ratio 5.1. It has cash and short-term investments of $130.5M.
Key information
100.3%
Debt to equity ratio
US$7.82b
Debt
| Interest coverage ratio | 5.1x |
| Cash | US$130.49m |
| Equity | US$7.79b |
| Total liabilities | US$11.29b |
| Total assets | US$19.08b |
Recent financial health updates
Waste Connections (NYSE:WCN) Has A Pretty Healthy Balance Sheet
Jan 29
Waste 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 23Waste Connections (NYSE:WCN) Seems To Use Debt Quite Sensibly
Oct 12Does Waste Connections (NYSE:WCN) Have A Healthy Balance Sheet?
Jul 14Recent updates
Calculating 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 16Waste Connections Non-GAAP EPS of $1.10 beats by $0.08, revenue of $1.88B in-line
Nov 02Waste Connections (NYSE:WCN) Seems To Use Debt Quite Sensibly
Oct 12Returns Are Gaining Momentum At Waste Connections (NYSE:WCN)
Sep 18Does Waste Connections (NYSE:WCN) Deserve A Spot On Your Watchlist?
Sep 06A Look At The Intrinsic Value Of Waste Connections, Inc. (NYSE:WCN)
Aug 24Waste Connections: I Love Trash
Aug 15Waste Connections Non-GAAP EPS of $1.00 beats by $0.05, revenue of $1.82B beats by $20M
Aug 02Does Waste Connections (NYSE:WCN) Have A Healthy Balance Sheet?
Jul 14There's Been No Shortage Of Growth Recently For Waste Connections' (NYSE:WCN) Returns On Capital
Jun 20Financial Position Analysis
Short Term Liabilities: WCN's short term assets ($1.2B) do not cover its short term liabilities ($1.6B).
Long Term Liabilities: WCN's short term assets ($1.2B) do not cover its long term liabilities ($9.7B).
Debt to Equity History and Analysis
Debt Level: WCN's net debt to equity ratio (98.7%) is considered high.
Reducing Debt: WCN's debt to equity ratio has increased from 63.8% to 100.3% over the past 5 years.
Debt Coverage: WCN's debt is well covered by operating cash flow (27.8%).
Interest Coverage: WCN's interest payments on its debt are well covered by EBIT (5.1x coverage).