Casella Non Current Assets Total vs Total Revenue Analysis

CWST Stock  USD 112.91  0.35  0.31%   
Casella Waste financial indicator trend analysis is way more than just evaluating Casella Waste Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Casella Waste Systems is a good investment. Please check the relationship between Casella Waste Non Current Assets Total and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Casella Waste Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Non Current Assets Total vs Total Revenue

Non Current Assets Total vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Casella Waste Systems Non Current Assets Total account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Casella Waste's Non Current Assets Total and Total Revenue is 0.95. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Casella Waste Systems, assuming nothing else is changed. The correlation between historical values of Casella Waste's Non Current Assets Total and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Casella Waste Systems are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Non Current Assets Total i.e., Casella Waste's Non Current Assets Total and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Revenue

Total revenue comprises all receipts Casella Waste Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Casella Waste's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Casella Waste Systems 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 Casella Waste Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Casella Waste's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 342.9 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 272.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit306.8M362.0M261.8M186.2M
Total Revenue889.2M1.1B1.3B1.3B

Casella Waste fundamental ratios Correlations

0.96-0.870.990.970.980.610.40.960.921.00.30.920.980.480.960.560.960.970.980.980.960.950.92-0.180.77
0.96-0.850.970.870.950.720.140.980.850.960.380.850.970.571.00.640.921.00.950.930.880.850.89-0.410.72
-0.87-0.85-0.86-0.86-0.78-0.44-0.45-0.85-0.85-0.87-0.1-0.85-0.85-0.14-0.82-0.4-0.81-0.84-0.96-0.88-0.93-0.91-0.670.07-0.74
0.990.97-0.860.950.980.640.350.980.891.00.320.890.990.510.970.610.960.980.970.960.940.940.93-0.240.76
0.970.87-0.860.950.940.460.590.880.940.970.220.940.920.350.870.440.930.890.950.970.970.980.870.030.76
0.980.95-0.780.980.940.670.310.960.860.980.40.860.970.590.960.620.950.970.930.930.890.890.94-0.280.7
0.610.72-0.440.640.460.67-0.250.710.40.620.540.40.670.850.730.910.590.720.560.520.450.430.64-0.690.39
0.40.14-0.450.350.590.31-0.250.20.510.38-0.130.510.26-0.360.12-0.160.340.170.420.430.540.590.220.690.33
0.960.98-0.850.980.880.960.710.20.810.970.380.810.980.540.980.680.920.990.950.910.880.880.89-0.410.71
0.920.85-0.850.890.940.860.40.510.810.910.161.00.860.320.840.330.890.850.910.980.940.910.820.120.74
1.00.96-0.871.00.970.980.620.380.970.910.320.910.980.490.960.570.960.970.980.970.950.950.92-0.20.76
0.30.38-0.10.320.220.40.54-0.130.380.160.320.160.290.460.390.450.220.370.240.230.090.120.27-0.50.01
0.920.85-0.850.890.940.860.40.510.811.00.910.160.860.320.840.330.890.850.910.980.940.910.820.120.74
0.980.97-0.850.990.920.970.670.260.980.860.980.290.860.550.980.650.950.990.960.950.920.910.94-0.30.8
0.480.57-0.140.510.350.590.85-0.360.540.320.490.460.320.550.60.770.510.590.340.420.290.270.68-0.550.39
0.961.0-0.820.970.870.960.730.120.980.840.960.390.840.980.60.660.931.00.940.920.870.840.91-0.420.72
0.560.64-0.40.610.440.620.91-0.160.680.330.570.450.330.650.770.660.530.650.510.470.420.430.64-0.640.45
0.960.92-0.810.960.930.950.590.340.920.890.960.220.890.950.510.930.530.940.930.950.920.910.93-0.180.71
0.971.0-0.840.980.890.970.720.170.990.850.970.370.850.990.591.00.650.940.950.940.890.870.92-0.380.73
0.980.95-0.960.970.950.930.560.420.950.910.980.240.910.960.340.940.510.930.950.960.970.960.83-0.170.77
0.980.93-0.880.960.970.930.520.430.910.980.970.230.980.950.420.920.470.950.940.960.960.940.9-0.050.79
0.960.88-0.930.940.970.890.450.540.880.940.950.090.940.920.290.870.420.920.890.970.960.990.830.030.81
0.950.85-0.910.940.980.890.430.590.880.910.950.120.910.910.270.840.430.910.870.960.940.990.830.050.81
0.920.89-0.670.930.870.940.640.220.890.820.920.270.820.940.680.910.640.930.920.830.90.830.83-0.240.74
-0.18-0.410.07-0.240.03-0.28-0.690.69-0.410.12-0.2-0.50.12-0.3-0.55-0.42-0.64-0.18-0.38-0.17-0.050.030.05-0.240.02
0.770.72-0.740.760.760.70.390.330.710.740.760.010.740.80.390.720.450.710.730.770.790.810.810.740.02
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Casella Waste Account Relationship Matchups

Casella Waste fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets932.2M1.2B1.3B1.4B2.5B2.7B
Short Long Term Debt Total593.4M609.2M616.1M658.3M1.1B1.2B
Other Current Liab50.2M105.6M114.8M143.8M(3.0B)(2.8B)
Total Current Liabilities130.6M131.2M152.2M177.6M278.9M292.8M
Total Stockholder Equity122.8M362.1M422.5M497.9M1.0B1.1B
Property Plant And Equipment Net551.9M605.8M738.4M812.6M1.1B1.1B
Net Debt589.9M454.8M582.3M587.2M897.6M482.5M
Retained Earnings(357.0M)(266.1M)(225.0M)(171.9M)(146.5M)(153.8M)
Accounts Payable64.4M49.2M63.1M74.2M116.8M122.6M
Cash3.5M154.3M33.8M71.2M220.9M232.0M
Non Current Assets Total829.4M946.6M1.1B1.2B2.1B2.2B
Non Currrent Assets Other13.1M15.2M16.9M29.0M21.8M16.9M
Cash And Short Term Investments3.5M154.3M33.8M71.2M220.9M232.0M
Net Receivables80.2M74.2M87.0M100.9M160.4M168.4M
Common Stock Shares Outstanding48.0M49.0M51.5M51.8M55.3M34.7M
Liabilities And Stockholders Equity932.2M1.2B1.3B1.4B2.5B2.7B
Non Current Liabilities Total678.8M700.5M708.9M773.7M1.2B1.3B
Other Current Assets19.1M10.8M16.0M22.0M27.1M14.4M
Other Stockholder Equity485.3M639.2M652.0M661.8M1.2B1.2B
Total Liab809.4M831.8M861.1M951.3M1.5B1.6B
Property Plant And Equipment Gross551.9M605.8M738.4M812.6M2.2B2.4B
Total Current Assets102.8M247.3M146.5M207.5M426.3M447.6M
Accumulated Other Comprehensive Income(6.0M)(11.5M)(5.1M)7.5M(1.1M)(1.1M)
Short Term Debt13.7M17.8M17.2M16.0M57.3M60.1M
Intangible Assets58.7M58.3M93.7M91.8M241.4M253.5M
Other Liab95.5M109.2M110.1M131.4M151.1M158.6M
Other Assets21.7M182.9M60.9M44.5M40.0M49.9M
Long Term Debt509.0M530.4M542.5M585.0M1.0B1.1B
Common Stock Total Equity478K511K514K517K594.6K373.1K
Inventory7.7M7.9M9.7M13.5M17.9M18.8M
Common Stock478K511K514K517K580K383.5K
Property Plant Equipment551.9M605.8M738.4M812.6M934.5M497.6M
Current Deferred Revenue2.3M2.7M3.4M3.7M31.5M33.0M
Good Will185.8M194.9M232.9M274.5M735.7M772.5M
Net Tangible Assets(51.1M)169.9M95.9M189.0M217.4M228.2M
Retained Earnings Total Equity(357.0M)(266.1M)(225.0M)(171.9M)(197.7M)(207.6M)

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