Waste Cash And Short Term Investments vs Cash Analysis

0LTG Stock   230.02  2.08  0.91%   
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 Cash And Short Term Investments and its Cash accounts. Check out Trending Equities 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 board of governors.
For more information on how to buy Waste Stock please use our How to Invest in Waste Management guide.

Cash And Short Term Investments vs Cash

Cash And Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waste Management Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have totally related.
Cash And Short Term InvestmentsCashCash And Short Term InvestmentsCashDiversified Away100%
The correlation between Waste Management's Cash And Short Term Investments and Cash is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash 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 Cash And Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Waste Management are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Waste Management's Cash And Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Waste Management balance sheet. This account contains Waste Management investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Waste Management fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Cash

Cash refers to the most liquid asset of Waste Management, which is listed under current asset account on Waste Management balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Waste Management customers. The amounts must be unrestricted with restricted cash listed in a different Waste Management account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 Trending Equities 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 board of governors.
For more information on how to buy Waste Stock please use our How to Invest in Waste Management guide.Selling General Administrative is likely to gain to about 2.1 B in 2025, whereas Tax Provision is likely to drop slightly above 324.5 M in 2025.
 2022 2023 2024 2025 (projected)
Total Revenue19.7B20.4B23.5B17.1B
Depreciation And Amortization2.2B2.2B2.5B1.8B

Waste Management fundamental ratios Correlations

0.440.910.890.980.720.960.940.190.990.370.120.190.880.96-0.780.920.50.49-0.871.00.61-0.19-0.371.0-0.37
0.440.440.420.57-0.160.270.37-0.070.43-0.49-0.1-0.070.090.35-0.160.140.880.77-0.140.410.07-0.32-0.220.430.48
0.910.440.790.910.710.90.940.040.920.410.130.030.790.91-0.720.840.490.62-0.840.910.46-0.31-0.370.89-0.39
0.890.420.790.850.490.820.770.310.850.180.30.30.720.83-0.710.730.460.4-0.710.850.63-0.33-0.40.88-0.24
0.980.570.910.850.640.920.940.060.980.250.090.050.830.94-0.740.860.640.57-0.820.970.48-0.22-0.390.97-0.23
0.72-0.160.710.490.640.810.740.110.740.88-0.040.120.850.75-0.690.92-0.040.23-0.820.760.490.07-0.270.73-0.76
0.960.270.90.820.920.810.970.150.950.50.030.140.950.94-0.810.950.310.4-0.930.970.59-0.14-0.330.95-0.56
0.940.370.940.770.940.740.970.040.950.410.080.030.910.93-0.760.890.440.44-0.910.950.48-0.18-0.310.93-0.45
0.19-0.070.040.310.060.110.150.040.030.210.051.00.05-0.04-0.130.22-0.20.06-0.110.180.88-0.16-0.030.25-0.25
0.990.430.920.850.980.740.950.950.030.370.140.030.890.99-0.770.920.520.47-0.880.990.48-0.16-0.370.97-0.36
0.37-0.490.410.180.250.880.50.410.210.37-0.090.220.570.38-0.510.67-0.380.05-0.580.410.440.02-0.210.38-0.81
0.12-0.10.130.30.09-0.040.030.080.050.14-0.090.06-0.050.160.00.020.24-0.23-0.050.080.05-0.140.020.120.23
0.19-0.070.030.30.050.120.140.031.00.030.220.060.04-0.05-0.130.22-0.190.07-0.10.170.88-0.16-0.030.24-0.23
0.880.090.790.720.830.850.950.910.050.890.57-0.050.040.89-0.830.930.150.19-0.920.90.490.0-0.360.86-0.66
0.960.350.910.830.940.750.940.93-0.040.990.380.16-0.050.89-0.760.90.450.4-0.870.960.4-0.12-0.340.94-0.41
-0.78-0.16-0.72-0.71-0.74-0.69-0.81-0.76-0.13-0.77-0.510.0-0.13-0.83-0.76-0.79-0.18-0.260.9-0.78-0.50.080.8-0.760.57
0.920.140.840.730.860.920.950.890.220.920.670.020.220.930.9-0.790.230.36-0.90.940.64-0.03-0.340.93-0.62
0.50.880.490.460.64-0.040.310.44-0.20.52-0.380.24-0.190.150.45-0.180.230.65-0.210.480.0-0.34-0.210.50.57
0.490.770.620.40.570.230.40.440.060.470.05-0.230.070.190.4-0.260.360.65-0.290.480.25-0.36-0.260.490.12
-0.87-0.14-0.84-0.71-0.82-0.82-0.93-0.91-0.11-0.88-0.58-0.05-0.1-0.92-0.870.9-0.9-0.21-0.29-0.89-0.520.10.49-0.860.64
1.00.410.910.850.970.760.970.950.180.990.410.080.170.90.96-0.780.940.480.48-0.890.6-0.15-0.360.99-0.41
0.610.070.460.630.480.490.590.480.880.480.440.050.880.490.4-0.50.640.00.25-0.520.6-0.19-0.220.65-0.45
-0.19-0.32-0.31-0.33-0.220.07-0.14-0.18-0.16-0.160.02-0.14-0.160.0-0.120.08-0.03-0.34-0.360.1-0.15-0.190.04-0.2-0.23
-0.37-0.22-0.37-0.4-0.39-0.27-0.33-0.31-0.03-0.37-0.210.02-0.03-0.36-0.340.8-0.34-0.21-0.260.49-0.36-0.220.04-0.350.21
1.00.430.890.880.970.730.950.930.250.970.380.120.240.860.94-0.760.930.50.49-0.860.990.65-0.2-0.35-0.37
-0.370.48-0.39-0.24-0.23-0.76-0.56-0.45-0.25-0.36-0.810.23-0.23-0.66-0.410.57-0.620.570.120.64-0.41-0.45-0.230.21-0.37
Click cells to compare fundamentals

Waste Management Account Relationship Matchups

Waste Management fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets29.7B29.6B31.8B33.2B38.2B28.1B
Other Current Liab1.3B1.4B1.6B2.2B2.6B1.6B
Total Current Liabilities3.6B4.1B4.4B4.2B4.9B3.7B
Total Stockholder Equity7.5B7.1B6.8B6.9B7.9B7.0B
Property Plant And Equipment Net14.6B14.9B16.2B17.4B20.0B14.4B
Net Debt13.7B13.8B15.1B16.2B18.6B11.5B
Retained Earnings11.2B12.0B13.2B14.3B16.5B10.5B
Accounts Payable1.1B1.4B1.8B1.7B2.0B1.2B
Cash581M125M376M458M526.7M626.0M
Non Current Assets Total26.1B26.5B28.3B29.0B33.4B24.5B
Non Currrent Assets Other400M452M565M979M1.1B1.2B
Cash And Short Term Investments581M125M376M468M538.2M643.1M
Net Receivables2.6B2.5B2.8B2.9B3.3B2.5B
Good Will9.0B9.0B9.3B9.3B10.6B7.9B
Common Stock Shares Outstanding425.1M422.9M415M406.9M366.2M351.6M
Non Current Liabilities Total18.7B18.4B20.6B22.1B25.4B17.0B
Inventory124M135M164M173M199.0M141.2M
Other Current Assets211M263M259M530M609.5M307.4M
Other Stockholder Equity(3.8B)(4.9B)(6.3B)(7.4B)(6.7B)(6.3B)
Total Liab22.2B22.5B25.0B26.3B30.3B21.1B
Total Current Assets3.5B3.1B3.6B3.8B4.4B3.5B
Intangible Assets1.0B898M827M759M683.1M904.4M
Short Long Term Debt Total14.3B13.9B15.5B16.6B19.1B13.2B
Liabilities And Stockholders Equity29.7B29.6B31.8B32.8B37.7B28.3B
Accumulated Other Comprehensive Income39M17M(69M)(37M)(42.6M)(44.7M)
Short Term Debt614M772M478M281M252.9M445.6M
Current Deferred Revenue539M571M589M578M664.7M586.8M
Other Liab3.9B4.6B4.7B5.1B5.8B4.7B
Net Tangible Assets15M(2.6B)(2.8B)(3.3B)(3.0B)(2.8B)
Long Term Debt9.6B13.0B12.9B12.7B14.6B12.5B
Property Plant Equipment13.3B14.6B14.9B16.2B18.6B15.1B

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When running Waste Management's price analysis, check to measure Waste Management's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Waste Management is operating at the current time. Most of Waste Management's value examination focuses on studying past and present price action to predict the probability of Waste Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waste Management's price. Additionally, you may evaluate how the addition of Waste Management to your portfolios can decrease your overall portfolio volatility.