Casella Other Current Assets vs Retained Earnings 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 Other Current Assets and its Retained Earnings 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.

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Casella Waste Systems Other Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Casella Waste's Other Current Assets and Retained Earnings is -0.16. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings 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 Other Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Casella Waste Systems are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., Casella Waste's Other Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Profit	306.8M	362.0M	261.8M	186.2M
Total Revenue	889.2M	1.1B	1.3B	1.3B

Gross Profit Total Revenue

Casella Waste fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Liab	Other Assets	Long Term Debt
Total Assets		0.96	-0.87	0.99	0.97	0.98	0.61	0.4	0.96	0.92	1.0	0.3	0.92	0.98	0.48	0.96	0.56	0.96	0.97	0.98	0.98	0.96	0.95	0.92	-0.18	0.77
Short Long Term Debt Total	0.96		-0.85	0.97	0.87	0.95	0.72	0.14	0.98	0.85	0.96	0.38	0.85	0.97	0.57	1.0	0.64	0.92	1.0	0.95	0.93	0.88	0.85	0.89	-0.41	0.72
Other Current Liab	-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	-0.67	0.07	-0.74
Total Current Liabilities	0.99	0.97	-0.86		0.95	0.98	0.64	0.35	0.98	0.89	1.0	0.32	0.89	0.99	0.51	0.97	0.61	0.96	0.98	0.97	0.96	0.94	0.94	0.93	-0.24	0.76
Total Stockholder Equity	0.97	0.87	-0.86	0.95		0.94	0.46	0.59	0.88	0.94	0.97	0.22	0.94	0.92	0.35	0.87	0.44	0.93	0.89	0.95	0.97	0.97	0.98	0.87	0.03	0.76
Property Plant And Equipment Net	0.98	0.95	-0.78	0.98	0.94		0.67	0.31	0.96	0.86	0.98	0.4	0.86	0.97	0.59	0.96	0.62	0.95	0.97	0.93	0.93	0.89	0.89	0.94	-0.28	0.7
Net Debt	0.61	0.72	-0.44	0.64	0.46	0.67		-0.25	0.71	0.4	0.62	0.54	0.4	0.67	0.85	0.73	0.91	0.59	0.72	0.56	0.52	0.45	0.43	0.64	-0.69	0.39
Retained Earnings	0.4	0.14	-0.45	0.35	0.59	0.31	-0.25		0.2	0.51	0.38	-0.13	0.51	0.26	-0.36	0.12	-0.16	0.34	0.17	0.42	0.43	0.54	0.59	0.22	0.69	0.33
Accounts Payable	0.96	0.98	-0.85	0.98	0.88	0.96	0.71	0.2		0.81	0.97	0.38	0.81	0.98	0.54	0.98	0.68	0.92	0.99	0.95	0.91	0.88	0.88	0.89	-0.41	0.71
Cash	0.92	0.85	-0.85	0.89	0.94	0.86	0.4	0.51	0.81		0.91	0.16	1.0	0.86	0.32	0.84	0.33	0.89	0.85	0.91	0.98	0.94	0.91	0.82	0.12	0.74
Non Current Assets Total	1.0	0.96	-0.87	1.0	0.97	0.98	0.62	0.38	0.97	0.91		0.32	0.91	0.98	0.49	0.96	0.57	0.96	0.97	0.98	0.97	0.95	0.95	0.92	-0.2	0.76
Non Currrent Assets Other	0.3	0.38	-0.1	0.32	0.22	0.4	0.54	-0.13	0.38	0.16	0.32		0.16	0.29	0.46	0.39	0.45	0.22	0.37	0.24	0.23	0.09	0.12	0.27	-0.5	0.01
Cash And Short Term Investments	0.92	0.85	-0.85	0.89	0.94	0.86	0.4	0.51	0.81	1.0	0.91	0.16		0.86	0.32	0.84	0.33	0.89	0.85	0.91	0.98	0.94	0.91	0.82	0.12	0.74
Net Receivables	0.98	0.97	-0.85	0.99	0.92	0.97	0.67	0.26	0.98	0.86	0.98	0.29	0.86		0.55	0.98	0.65	0.95	0.99	0.96	0.95	0.92	0.91	0.94	-0.3	0.8
Common Stock Shares Outstanding	0.48	0.57	-0.14	0.51	0.35	0.59	0.85	-0.36	0.54	0.32	0.49	0.46	0.32	0.55		0.6	0.77	0.51	0.59	0.34	0.42	0.29	0.27	0.68	-0.55	0.39
Non Current Liabilities Total	0.96	1.0	-0.82	0.97	0.87	0.96	0.73	0.12	0.98	0.84	0.96	0.39	0.84	0.98	0.6		0.66	0.93	1.0	0.94	0.92	0.87	0.84	0.91	-0.42	0.72
Other Current Assets	0.56	0.64	-0.4	0.61	0.44	0.62	0.91	-0.16	0.68	0.33	0.57	0.45	0.33	0.65	0.77	0.66		0.53	0.65	0.51	0.47	0.42	0.43	0.64	-0.64	0.45
Other Stockholder Equity	0.96	0.92	-0.81	0.96	0.93	0.95	0.59	0.34	0.92	0.89	0.96	0.22	0.89	0.95	0.51	0.93	0.53		0.94	0.93	0.95	0.92	0.91	0.93	-0.18	0.71
Total Liab	0.97	1.0	-0.84	0.98	0.89	0.97	0.72	0.17	0.99	0.85	0.97	0.37	0.85	0.99	0.59	1.0	0.65	0.94		0.95	0.94	0.89	0.87	0.92	-0.38	0.73
Property Plant And Equipment Gross	0.98	0.95	-0.96	0.97	0.95	0.93	0.56	0.42	0.95	0.91	0.98	0.24	0.91	0.96	0.34	0.94	0.51	0.93	0.95		0.96	0.97	0.96	0.83	-0.17	0.77
Total Current Assets	0.98	0.93	-0.88	0.96	0.97	0.93	0.52	0.43	0.91	0.98	0.97	0.23	0.98	0.95	0.42	0.92	0.47	0.95	0.94	0.96		0.96	0.94	0.9	-0.05	0.79
Short Term Debt	0.96	0.88	-0.93	0.94	0.97	0.89	0.45	0.54	0.88	0.94	0.95	0.09	0.94	0.92	0.29	0.87	0.42	0.92	0.89	0.97	0.96		0.99	0.83	0.03	0.81
Intangible Assets	0.95	0.85	-0.91	0.94	0.98	0.89	0.43	0.59	0.88	0.91	0.95	0.12	0.91	0.91	0.27	0.84	0.43	0.91	0.87	0.96	0.94	0.99		0.83	0.05	0.81
Other Liab	0.92	0.89	-0.67	0.93	0.87	0.94	0.64	0.22	0.89	0.82	0.92	0.27	0.82	0.94	0.68	0.91	0.64	0.93	0.92	0.83	0.9	0.83	0.83		-0.24	0.74
Other Assets	-0.18	-0.41	0.07	-0.24	0.03	-0.28	-0.69	0.69	-0.41	0.12	-0.2	-0.5	0.12	-0.3	-0.55	-0.42	-0.64	-0.18	-0.38	-0.17	-0.05	0.03	0.05	-0.24		0.02
Long Term Debt	0.77	0.72	-0.74	0.76	0.76	0.7	0.39	0.33	0.71	0.74	0.76	0.01	0.74	0.8	0.39	0.72	0.45	0.71	0.73	0.77	0.79	0.81	0.81	0.74	0.02

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Casella Waste Account Relationship Matchups

Casella Waste fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	932.2M	1.2B	1.3B	1.4B	2.5B	2.7B
Short Long Term Debt Total	593.4M	609.2M	616.1M	658.3M	1.1B	1.2B
Other Current Liab	50.2M	105.6M	114.8M	143.8M	(3.0B)	(2.8B)
Total Current Liabilities	130.6M	131.2M	152.2M	177.6M	278.9M	292.8M
Total Stockholder Equity	122.8M	362.1M	422.5M	497.9M	1.0B	1.1B
Property Plant And Equipment Net	551.9M	605.8M	738.4M	812.6M	1.1B	1.1B
Net Debt	589.9M	454.8M	582.3M	587.2M	897.6M	482.5M
Retained Earnings	(357.0M)	(266.1M)	(225.0M)	(171.9M)	(146.5M)	(153.8M)
Accounts Payable	64.4M	49.2M	63.1M	74.2M	116.8M	122.6M
Cash	3.5M	154.3M	33.8M	71.2M	220.9M	232.0M
Non Current Assets Total	829.4M	946.6M	1.1B	1.2B	2.1B	2.2B
Non Currrent Assets Other	13.1M	15.2M	16.9M	29.0M	21.8M	16.9M
Cash And Short Term Investments	3.5M	154.3M	33.8M	71.2M	220.9M	232.0M
Net Receivables	80.2M	74.2M	87.0M	100.9M	160.4M	168.4M
Common Stock Shares Outstanding	48.0M	49.0M	51.5M	51.8M	55.3M	34.7M
Liabilities And Stockholders Equity	932.2M	1.2B	1.3B	1.4B	2.5B	2.7B
Non Current Liabilities Total	678.8M	700.5M	708.9M	773.7M	1.2B	1.3B
Other Current Assets	19.1M	10.8M	16.0M	22.0M	27.1M	14.4M
Other Stockholder Equity	485.3M	639.2M	652.0M	661.8M	1.2B	1.2B
Total Liab	809.4M	831.8M	861.1M	951.3M	1.5B	1.6B
Property Plant And Equipment Gross	551.9M	605.8M	738.4M	812.6M	2.2B	2.4B
Total Current Assets	102.8M	247.3M	146.5M	207.5M	426.3M	447.6M
Accumulated Other Comprehensive Income	(6.0M)	(11.5M)	(5.1M)	7.5M	(1.1M)	(1.1M)
Short Term Debt	13.7M	17.8M	17.2M	16.0M	57.3M	60.1M
Intangible Assets	58.7M	58.3M	93.7M	91.8M	241.4M	253.5M
Other Liab	95.5M	109.2M	110.1M	131.4M	151.1M	158.6M
Other Assets	21.7M	182.9M	60.9M	44.5M	40.0M	49.9M
Long Term Debt	509.0M	530.4M	542.5M	585.0M	1.0B	1.1B
Common Stock Total Equity	478K	511K	514K	517K	594.6K	373.1K
Inventory	7.7M	7.9M	9.7M	13.5M	17.9M	18.8M
Common Stock	478K	511K	514K	517K	580K	383.5K
Property Plant Equipment	551.9M	605.8M	738.4M	812.6M	934.5M	497.6M
Current Deferred Revenue	2.3M	2.7M	3.4M	3.7M	31.5M	33.0M
Good Will	185.8M	194.9M	232.9M	274.5M	735.7M	772.5M
Net Tangible Assets	(51.1M)	169.9M	95.9M	189.0M	217.4M	228.2M
Retained Earnings Total Equity	(357.0M)	(266.1M)	(225.0M)	(171.9M)	(197.7M)	(207.6M)

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