Covanta Holding Financials
Based on the key indicators obtained from Covanta Holding's historical financial statements, Covanta Holding is not in a good financial situation at the moment. It has a very high risk of going through financial straits in December.
Covanta |
Understanding current and past Covanta Holding Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Covanta Holding's financial statements are interrelated, with each one affecting the others. For example, an increase in Covanta Holding's assets may result in an increase in income on the income statement.
Please note, the presentation of Covanta Holding's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Covanta Holding's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Covanta Holding's management manipulating its earnings.
Covanta Holding Stock Summary
Covanta Holding competes with Stepan, Codexis, Chart Industries, Topbuild Corp, and Warner Music. Covanta Holding Corporation, through its subsidiaries, provides waste and energy services to municipal entities primarily in the United States and internationally. Covanta Holding Corporation was founded in 1986 and is headquartered in Morristown, New Jersey. Covanta Holding operates under Waste Management classification in the United States and is traded on New York Stock Exchange. It employs 4000 people.| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US22282E1029 |
| Business Address | 445 South Street, |
| Sector | Industrials |
| Industry | Waste Management |
| Benchmark | Dow Jones Industrial |
| Website | www.covanta.com |
| Phone | 862 345 5000 |
| Currency | USD - US Dollar |
Covanta Holding Key Financial Ratios
Covanta Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Covanta Holding's current stock value. Our valuation model uses many indicators to compare Covanta Holding value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Covanta Holding competition to find correlations between indicators driving Covanta Holding's intrinsic value. More Info.Covanta Holding is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.21 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Covanta Holding is roughly 4.86 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Covanta Holding's earnings, one of the primary drivers of an investment's value.Covanta Holding Thematic Clasifications
Covanta Holding is part of Alternative Energy investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Companies, funds and ETFs that are involved in development and popularizing of alternative energy. Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy
This theme covers Companies, funds and ETFs that are involved in development and popularizing of alternative energy. Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. Get More Thematic Ideas
| Alternative Energy | View |
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Other Consideration for investing in Covanta Stock
If you are still planning to invest in Covanta Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Covanta Holding's history and understand the potential risks before investing.
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