Waste Property Plant And Equipment Net vs Other Current Assets Analysis

0LTG Stock   225.45  1.45  0.64%   
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 Property Plant And Equipment Net and its Other Current Assets 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.

Property Plant And Equipment Net vs Other Current Assets

Property Plant And Equipment Net vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waste Management Property Plant And Equipment Net account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Waste Management's Property Plant And Equipment Net and Other Current Assets is 0.57. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Assets 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 Property Plant And Equipment Net and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Waste Management are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., Waste Management's Property Plant And Equipment Net and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Waste Stock Analysis

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.