Waste Management Balance Sheet Health

Financial Health criteria checks 2/6

Waste Management has a total shareholder equity of $7.1B and total debt of $15.3B, which brings its debt-to-equity ratio to 215.6%. Its total assets and total liabilities are $32.7B and $25.6B respectively. Waste Management's EBIT is $4.0B making its interest coverage ratio 7.9. It has cash and short-term investments of $322.0M.

Key information

215.6%

Debt to equity ratio

US$15.26b

Debt

Interest coverage ratio7.9x
CashUS$322.00m
EquityUS$7.08b
Total liabilitiesUS$25.59b
Total assetsUS$32.67b

Recent financial health updates

Recent updates

The Returns At Waste Management (NYSE:WM) Aren't Growing

May 22
The Returns At Waste Management (NYSE:WM) Aren't Growing

Here's Why Waste Management (NYSE:WM) Can Manage Its Debt Responsibly

May 09
Here's Why Waste Management (NYSE:WM) Can Manage Its Debt Responsibly

Waste Management: An Updated View On The Valuation, In Light Of The Latest Earnings

May 01

Waste Management, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Apr 27
Waste Management, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

What You Can Learn From Waste Management, Inc.'s (NYSE:WM) P/E

Apr 18
What You Can Learn From Waste Management, Inc.'s (NYSE:WM) P/E

Waste Management: Sometimes Boring Makes Best

Mar 17

Waste Management: 18% Per Year Since 2014, Is It Unstoppable?

Feb 26

Waste Management: A Deep Dive Into A Recession-Proof Dividend Stock

Feb 06

Calculating The Fair Value Of Waste Management, Inc. (NYSE:WM)

Feb 05
Calculating The Fair Value Of Waste Management, Inc. (NYSE:WM)

Waste Management: A Great Dividend Grower For A Watch List

Jan 24

Waste Management (NYSE:WM) Has A Pretty Healthy Balance Sheet

Jan 22
Waste Management (NYSE:WM) Has A Pretty Healthy Balance Sheet

Getting In Cheap On Waste Management, Inc. (NYSE:WM) Is Unlikely

Jan 08
Getting In Cheap On Waste Management, Inc. (NYSE:WM) Is Unlikely

Waste Management's Dividend Growth Potential Remains Impressive

Jan 04

Waste Management's (NYSE:WM) Returns Have Hit A Wall

Dec 25
Waste Management's (NYSE:WM) Returns Have Hit A Wall

Waste Management: A Monotonous Dividend Grower That Could Help You Sleep Well At Night

Dec 22

Why I'm Not A Buyer Of Waste Management

Nov 30

Waste Management Can't Justify Its Valuation

Nov 15

Estimating The Intrinsic Value Of Waste Management, Inc. (NYSE:WM)

Oct 30
Estimating The Intrinsic Value Of Waste Management, Inc. (NYSE:WM)

Time To Sell Waste Management, A High Debt And Low Growth Trash Collector

Oct 30

Waste Management: Renewable Energy And Recycling Investments Look Promising But Valuation Poses Risks

Oct 24

Waste Management (NYSE:WM) Seems To Use Debt Quite Sensibly

Oct 01
Waste Management (NYSE:WM) Seems To Use Debt Quite Sensibly

Waste Management: A Solid Business, But Valuation Is Stretched

Sep 28

Why Waste Management Is Not An Investment Yet At This Price

Sep 19

Investors Met With Slowing Returns on Capital At Waste Management (NYSE:WM)

Sep 15
Investors Met With Slowing Returns on Capital At Waste Management (NYSE:WM)

Here's Why Waste Management (NYSE:WM) Has Caught The Eye Of Investors

Aug 31
Here's Why Waste Management (NYSE:WM) Has Caught The Eye Of Investors

Waste Management Is A Superior Dividend Stock - I Want In

Aug 21

Waste Management: We See Limited Upside Potential At The Current Price Levels

Jul 20

Calculating The Fair Value Of Waste Management, Inc. (NYSE:WM)

Jul 03
Calculating The Fair Value Of Waste Management, Inc. (NYSE:WM)

Here's Why Waste Management (NYSE:WM) Can Manage Its Debt Responsibly

Jun 19
Here's Why Waste Management (NYSE:WM) Can Manage Its Debt Responsibly

Trash To Cash: Waste Management - Dividends Done Right

Jun 16

Waste Management (NYSE:WM) Has Some Way To Go To Become A Multi-Bagger

Jun 05
Waste Management (NYSE:WM) Has Some Way To Go To Become A Multi-Bagger

We Ran A Stock Scan For Earnings Growth And Waste Management (NYSE:WM) Passed With Ease

May 22
We Ran A Stock Scan For Earnings Growth And Waste Management (NYSE:WM) Passed With Ease

Estimating The Intrinsic Value Of Waste Management, Inc. (NYSE:WM)

Mar 29
Estimating The Intrinsic Value Of Waste Management, Inc. (NYSE:WM)

These 4 Measures Indicate That Waste Management (NYSE:WM) Is Using Debt Reasonably Well

Mar 17
These 4 Measures Indicate That Waste Management (NYSE:WM) Is Using Debt Reasonably Well

Returns At Waste Management (NYSE:WM) Appear To Be Weighed Down

Feb 22
Returns At Waste Management (NYSE:WM) Appear To Be Weighed Down

Waste Management (NYSE:WM) Is Increasing Its Dividend To $0.70

Feb 10
Waste Management (NYSE:WM) Is Increasing Its Dividend To $0.70

Waste Management: There May Not Be A Better Dividend Growth Stock

Feb 09

Waste Management Non-GAAP EPS of $1.30 misses by $0.12, revenue of $4.94B misses by $40M

Feb 01

We Ran A Stock Scan For Earnings Growth And Waste Management (NYSE:WM) Passed With Ease

Jan 16
We Ran A Stock Scan For Earnings Growth And Waste Management (NYSE:WM) Passed With Ease

My 'Defensive DGI Portfolio' #2: Waste Management

Jan 04

Waste Management, Inc.'s (NYSE:WM) Intrinsic Value Is Potentially 19% Below Its Share Price

Dec 19
Waste Management, Inc.'s (NYSE:WM) Intrinsic Value Is Potentially 19% Below Its Share Price

WM to hike quarterly dividend to $0.70 from 1Q23, announces $1.5B buyback

Dec 09

We Think Waste Management (NYSE:WM) Can Stay On Top Of Its Debt

Dec 05
We Think Waste Management (NYSE:WM) Can Stay On Top Of Its Debt

Returns On Capital At Waste Management (NYSE:WM) Have Stalled

Nov 09
Returns On Capital At Waste Management (NYSE:WM) Have Stalled

Financial Position Analysis

Short Term Liabilities: WM's short term assets ($3.5B) do not cover its short term liabilities ($3.9B).

Long Term Liabilities: WM's short term assets ($3.5B) do not cover its long term liabilities ($21.6B).


Debt to Equity History and Analysis

Debt Level: WM's net debt to equity ratio (211%) is considered high.

Reducing Debt: WM's debt to equity ratio has increased from 158.3% to 215.6% over the past 5 years.

Debt Coverage: WM's debt is well covered by operating cash flow (33%).

Interest Coverage: WM's interest payments on its debt are well covered by EBIT (7.9x coverage).


Balance Sheet


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.