Waste Management Balance Sheet Health
Financial Health criteria checks 3/6
Waste Management has a total shareholder equity of $7.5B and total debt of $16.7B, which brings its debt-to-equity ratio to 224.7%. Its total assets and total liabilities are $34.0B and $26.5B respectively. Waste Management's EBIT is $4.1B making its interest coverage ratio 7.9. It has cash and short-term investments of $172.0M.
Key information
224.7%
Debt to equity ratio
US$16.74b
Debt
Interest coverage ratio | 7.9x |
Cash | US$172.00m |
Equity | US$7.45b |
Total liabilities | US$26.55b |
Total assets | US$34.00b |
Recent financial health updates
Here's Why Waste Management (NYSE:WM) Can Manage Its Debt Responsibly
May 09Waste Management (NYSE:WM) Has A Pretty Healthy Balance Sheet
Jan 22Waste Management (NYSE:WM) Seems To Use Debt Quite Sensibly
Oct 01Here's Why Waste Management (NYSE:WM) Can Manage Its Debt Responsibly
Jun 19These 4 Measures Indicate That Waste Management (NYSE:WM) Is Using Debt Reasonably Well
Mar 17Recent updates
Why We're Not Concerned About Waste Management, Inc.'s (NYSE:WM) Share Price
Jul 23If EPS Growth Is Important To You, Waste Management (NYSE:WM) Presents An Opportunity
Jun 15Waste Management: Taking A Wait And See Approach On Stericycle Deal
Jun 03The Returns At Waste Management (NYSE:WM) Aren't Growing
May 22Here's Why Waste Management (NYSE:WM) Can Manage Its Debt Responsibly
May 09Waste Management: An Updated View On The Valuation, In Light Of The Latest Earnings
May 01Waste Management, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Apr 27What You Can Learn From Waste Management, Inc.'s (NYSE:WM) P/E
Apr 18Waste Management: Sometimes Boring Makes Best
Mar 17Waste Management: 18% Per Year Since 2014, Is It Unstoppable?
Feb 26Waste Management: A Deep Dive Into A Recession-Proof Dividend Stock
Feb 06Calculating The Fair Value Of Waste Management, Inc. (NYSE:WM)
Feb 05Waste Management: A Great Dividend Grower For A Watch List
Jan 24Waste Management (NYSE:WM) Has A Pretty Healthy Balance Sheet
Jan 22Getting In Cheap On Waste Management, Inc. (NYSE:WM) Is Unlikely
Jan 08Waste Management's Dividend Growth Potential Remains Impressive
Jan 04Waste Management's (NYSE:WM) Returns Have Hit A Wall
Dec 25Waste Management: A Monotonous Dividend Grower That Could Help You Sleep Well At Night
Dec 22Why I'm Not A Buyer Of Waste Management
Nov 30Waste Management Can't Justify Its Valuation
Nov 15Estimating The Intrinsic Value Of Waste Management, Inc. (NYSE:WM)
Oct 30Time To Sell Waste Management, A High Debt And Low Growth Trash Collector
Oct 30Waste Management: Renewable Energy And Recycling Investments Look Promising But Valuation Poses Risks
Oct 24Waste Management (NYSE:WM) Seems To Use Debt Quite Sensibly
Oct 01Waste Management: A Solid Business, But Valuation Is Stretched
Sep 28Why Waste Management Is Not An Investment Yet At This Price
Sep 19Investors Met With Slowing Returns on Capital At Waste Management (NYSE:WM)
Sep 15Here's Why Waste Management (NYSE:WM) Has Caught The Eye Of Investors
Aug 31Waste Management Is A Superior Dividend Stock - I Want In
Aug 21Waste Management: We See Limited Upside Potential At The Current Price Levels
Jul 20Calculating The Fair Value Of Waste Management, Inc. (NYSE:WM)
Jul 03Here's Why Waste Management (NYSE:WM) Can Manage Its Debt Responsibly
Jun 19Trash To Cash: Waste Management - Dividends Done Right
Jun 16Waste Management (NYSE:WM) Has Some Way To Go To Become A Multi-Bagger
Jun 05We Ran A Stock Scan For Earnings Growth And Waste Management (NYSE:WM) Passed With Ease
May 22Estimating The Intrinsic Value Of Waste Management, Inc. (NYSE:WM)
Mar 29These 4 Measures Indicate That Waste Management (NYSE:WM) Is Using Debt Reasonably Well
Mar 17Returns At Waste Management (NYSE:WM) Appear To Be Weighed Down
Feb 22Waste Management (NYSE:WM) Is Increasing Its Dividend To $0.70
Feb 10Waste Management: There May Not Be A Better Dividend Growth Stock
Feb 09Waste Management Non-GAAP EPS of $1.30 misses by $0.12, revenue of $4.94B misses by $40M
Feb 01We Ran A Stock Scan For Earnings Growth And Waste Management (NYSE:WM) Passed With Ease
Jan 16My 'Defensive DGI Portfolio' #2: Waste Management
Jan 04Waste Management, Inc.'s (NYSE:WM) Intrinsic Value Is Potentially 19% Below Its Share Price
Dec 19Financial Position Analysis
Short Term Liabilities: WM's short term assets ($4.4B) exceed its short term liabilities ($4.1B).
Long Term Liabilities: WM's short term assets ($4.4B) do not cover its long term liabilities ($22.4B).
Debt to Equity History and Analysis
Debt Level: WM's net debt to equity ratio (222.4%) is considered high.
Reducing Debt: WM's debt to equity ratio has increased from 191.9% to 224.7% over the past 5 years.
Debt Coverage: WM's debt is well covered by operating cash flow (30.9%).
Interest Coverage: WM's interest payments on its debt are well covered by EBIT (7.9x coverage).