Waste Net Tangible Assets vs Capital Stock Analysis
WM Stock | USD 225.68 0.90 0.40% |
Waste Management financial indicator trend analysis is more than just analyzing Waste Management current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Waste Management is a good investment. Please check the relationship between Waste Management Net Tangible Assets and its Capital Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.
Net Tangible Assets vs Capital Stock
Net Tangible Assets vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waste Management Net Tangible Assets account and Capital Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Waste Management's Net Tangible Assets and Capital Stock is 0.48. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Waste Management, assuming nothing else is changed. The correlation between historical values of Waste Management's Net Tangible Assets and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Waste Management are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Tangible Assets i.e., Waste Management's Net Tangible Assets and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from Waste Management's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Waste Management current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.At this time, Waste Management's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 14th of November 2024, Enterprise Value is likely to grow to about 23.5 B, while Selling General Administrative is likely to drop about 1.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.8B | 7.4B | 7.8B | 4.1B | Total Revenue | 17.9B | 19.7B | 20.4B | 10.9B |
Waste Management fundamental ratios Correlations
Click cells to compare fundamentals
Waste Management Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Waste Management fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 27.7B | 29.3B | 29.1B | 31.4B | 32.8B | 18.0B | |
Short Long Term Debt Total | 13.5B | 13.8B | 13.4B | 15.0B | 16.2B | 17.0B | |
Other Current Liab | 1.3B | 1.3B | 1.4B | 1.6B | 1.6B | 956.8M | |
Total Current Liabilities | 3.1B | 3.6B | 4.1B | 4.4B | 4.2B | 2.7B | |
Total Stockholder Equity | 7.1B | 7.5B | 7.1B | 6.8B | 6.9B | 4.7B | |
Property Plant And Equipment Net | 12.9B | 14.1B | 14.4B | 15.7B | 17.0B | 9.5B | |
Net Debt | 9.9B | 13.3B | 13.3B | 14.6B | 15.8B | 16.6B | |
Cash | 3.6B | 553M | 118M | 351M | 458M | 382.1M | |
Non Current Assets Total | 21.5B | 25.8B | 26.0B | 27.8B | 29.0B | 15.6B | |
Non Currrent Assets Other | 1.6B | 1.6B | 1.7B | (364M) | (394M) | (374.3M) | |
Cash And Short Term Investments | 3.6B | 553M | 118M | 351M | 458M | 387.4M | |
Net Receivables | 2.3B | 2.6B | 2.5B | 2.8B | 2.9B | 1.6B | |
Common Stock Shares Outstanding | 427.5M | 425.1M | 422.9M | 415M | 406.9M | 402.9M | |
Liabilities And Stockholders Equity | 27.7B | 29.3B | 29.1B | 31.4B | 32.8B | 18.0B | |
Non Current Liabilities Total | 17.5B | 18.3B | 17.9B | 20.1B | 21.7B | 22.8B | |
Total Liab | 20.7B | 21.9B | 22.0B | 24.5B | 25.9B | 13.2B | |
Total Current Assets | 6.2B | 3.5B | 3.1B | 3.6B | 3.8B | 2.5B | |
Short Term Debt | 218M | 551M | 708M | 414M | 334M | 484.6M | |
Intangible Assets | 521M | 1.0B | 898M | 827M | 759M | 963.3M | |
Retained Earnings | 10.6B | 11.2B | 12.0B | 13.2B | 14.3B | 15.1B | |
Other Current Assets | 329M | 239M | 270M | 284M | 303M | 290.8M | |
Other Stockholder Equity | (3.5B) | (3.8B) | (4.9B) | (6.3B) | (7.4B) | (7.0B) | |
Accounts Payable | 1.1B | 1.1B | 1.4B | 1.8B | 1.7B | 995.7M | |
Property Plant And Equipment Gross | 12.9B | 14.1B | 35.0B | 37.3B | 39.8B | 41.8B | |
Accumulated Other Comprehensive Income | (8M) | 39M | 17M | (69M) | (37M) | (38.9M) | |
Other Liab | 3.7B | 3.9B | 5.1B | 5.2B | 5.8B | 3.0B | |
Other Assets | 681M | 1.6B | 1.7B | 1.9B | 2.2B | 2.4B | |
Long Term Debt | 13.3B | 12.9B | 12.7B | 14.6B | 15.9B | 10.5B | |
Good Will | 6.5B | 9.0B | 9.0B | 9.3B | 9.3B | 6.9B | |
Treasury Stock | (8.4B) | (8.6B) | (8.9B) | (10.1B) | (9.1B) | (8.6B) | |
Property Plant Equipment | 12.9B | 14.1B | 14.4B | 15.7B | 18.1B | 13.0B | |
Current Deferred Revenue | 534M | 539M | 571M | 589M | 578M | 532.5M | |
Net Tangible Assets | 15M | (2.6B) | (2.8B) | (3.3B) | (3.0B) | (2.8B) | |
Retained Earnings Total Equity | 10.6B | 11.2B | 12.0B | 13.2B | 15.1B | 9.3B |
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Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Management. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.153 | Dividend Share 2.95 | Earnings Share 6.57 | Revenue Per Share 53.245 | Quarterly Revenue Growth 0.079 |
The market value of Waste Management is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Management's value that differs from its market value or its book value, called intrinsic value, which is Waste Management's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Management's market value can be influenced by many factors that don't directly affect Waste Management's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waste Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Management's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.