CWST Stock | | | USD 113.21 0.93 0.83% |
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 Payout Ratio and its Ev To Sales 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.
Payout Ratio vs Ev To Sales
Payout Ratio vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Casella Waste Systems Payout Ratio account and
Ev To Sales. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Casella Waste's Payout Ratio and Ev To Sales is 0.41. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Ev To Sales 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 Payout Ratio and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Casella Waste Systems are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Payout Ratio i.e., Casella Waste's Payout Ratio and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Payout Ratio
Payout Ratio is the proportion of Casella Waste Systems earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Casella Waste Systems dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Casella Waste Systems is paying out more in dividends than it makes in net income.
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
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.
Casella Waste fundamental ratios Correlations
Click cells to compare fundamentals
Casella Waste Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Casella Waste fundamental ratios Accounts
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