Waste Management (BSP:W1MC34) LT-Debt-to-Total-Asset : 0.48 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Waste Management LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Waste Management's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.48.

Waste Management's long-term debt to total assets ratio increased from Mar. 2023 (0.48) to Mar. 2024 (0.48). It may suggest that Waste Management is progressively becoming more dependent on debt to grow their business.

Waste Management LT-Debt-to-Total-Asset Historical Data

The historical data trend for Waste Management's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Waste Management LT-Debt-to-Total-Asset Chart

Waste Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.48

0.45

0.44

0.47

0.48

Waste Management Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.48	0.47	0.47	0.48	0.48

Waste Management LT-Debt-to-Total-Asset Calculation

Waste Management's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	77882.321	/	160826.135
	=	0.48

Waste Management's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	78491.608	/	162670.147
	=	0.48

Waste Management (BSP:W1MC34) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Waste Management LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Waste Management's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Waste Management (BSP:W1MC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Waste Management Inc (BSP:W1MC34) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

WM:USA WMI:Mexico 1WM:Italy UWS:Germany WM:Austria

Address

800 Capitol Street, Suite 3000, Houston, TX, USA, 77002

Website

https://www.wm.com

WM ranks as the largest integrated provider of traditional solid waste services in the United States, operating 259 active landfills and about 337 transfer stations. The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.

Waste Management (BSP:W1MC34) Headlines

No Headlines