Waste Retained Earnings vs Total Assets Analysis

WM Stock  USD 224.41  2.88  1.30%   
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 Retained Earnings and its Total Assets accounts. Check out Your Current Watchlist 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 population.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waste Management Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Waste Management's Retained Earnings and Total Assets is 0.76. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total 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 Retained Earnings and Total 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 Retained Earnings of Waste Management are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Waste Management's Retained Earnings and Total Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Total Assets

Total assets refers to the total amount of Waste Management assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Waste Management books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Your Current Watchlist 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 population.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.At this time, Waste Management's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value is likely to grow to about 23.5 B, while Selling General Administrative is likely to drop about 1.5 B.
 2021 2022 2023 2024 (projected)
Gross Profit6.8B7.4B7.8B4.1B
Total Revenue17.9B19.7B20.4B10.9B

Waste Management fundamental ratios Correlations

0.820.570.960.960.990.80.250.990.340.250.960.750.821.00.760.310.720.760.64-0.570.380.550.26-0.18-0.18
0.820.610.810.760.810.980.260.810.530.260.770.611.00.830.680.190.890.970.68-0.830.230.820.24-0.67-0.67
0.570.610.480.470.550.590.190.570.650.20.380.140.60.580.4-0.090.510.580.15-0.56-0.510.570.66-0.25-0.25
0.960.810.480.930.960.810.140.960.270.140.940.770.80.950.680.490.720.760.7-0.580.480.60.25-0.23-0.23
0.960.760.470.930.950.730.280.950.30.280.930.860.760.930.760.450.670.690.65-0.420.390.390.13-0.13-0.13
0.990.810.550.960.950.80.150.990.290.150.950.790.810.980.690.350.690.740.58-0.540.380.550.32-0.21-0.21
0.80.980.590.810.730.80.040.810.450.030.760.610.980.80.520.220.920.960.6-0.840.250.860.29-0.69-0.69
0.250.260.190.140.280.150.040.130.431.00.160.120.220.240.81-0.1-0.010.180.47-0.1-0.02-0.05-0.190.00.0
0.990.810.570.960.950.990.810.130.310.130.950.740.810.990.680.330.730.750.58-0.570.370.570.3-0.18-0.18
0.340.530.650.270.30.290.450.430.310.430.150.050.510.350.440.120.450.450.21-0.41-0.420.450.41-0.42-0.42
0.250.260.20.140.280.150.031.00.130.430.160.130.220.240.81-0.09-0.010.170.46-0.09-0.03-0.05-0.170.00.0
0.960.770.380.940.930.950.760.160.950.150.160.750.770.950.710.280.720.750.69-0.580.570.490.03-0.16-0.16
0.750.610.140.770.860.790.610.120.740.050.130.750.620.70.560.60.50.490.56-0.160.520.220.01-0.2-0.2
0.821.00.60.80.760.810.980.220.810.510.220.770.620.830.650.170.890.970.66-0.840.240.830.25-0.68-0.68
1.00.830.580.950.930.980.80.240.990.350.240.950.70.830.750.260.720.780.63-0.610.370.590.28-0.2-0.2
0.760.680.40.680.760.690.520.810.680.440.810.710.560.650.750.140.450.60.75-0.430.290.3-0.05-0.14-0.14
0.310.19-0.090.490.450.350.22-0.10.330.12-0.090.280.60.170.260.140.20.090.330.160.330.030.13-0.01-0.01
0.720.890.510.720.670.690.92-0.010.730.45-0.010.720.50.890.720.450.20.890.57-0.790.240.750.1-0.55-0.55
0.760.970.580.760.690.740.960.180.750.450.170.750.490.970.780.60.090.890.7-0.930.250.870.14-0.69-0.69
0.640.680.150.70.650.580.60.470.580.210.460.690.560.660.630.750.330.570.7-0.570.550.46-0.27-0.37-0.37
-0.57-0.83-0.56-0.58-0.42-0.54-0.84-0.1-0.57-0.41-0.09-0.58-0.16-0.84-0.61-0.430.16-0.79-0.93-0.57-0.15-0.91-0.160.70.7
0.380.23-0.510.480.390.380.25-0.020.37-0.42-0.030.570.520.240.370.290.330.240.250.55-0.150.11-0.47-0.03-0.03
0.550.820.570.60.390.550.86-0.050.570.45-0.050.490.220.830.590.30.030.750.870.46-0.910.110.39-0.72-0.72
0.260.240.660.250.130.320.29-0.190.30.41-0.170.030.010.250.28-0.050.130.10.14-0.27-0.16-0.470.39-0.14-0.14
-0.18-0.67-0.25-0.23-0.13-0.21-0.690.0-0.18-0.420.0-0.16-0.2-0.68-0.2-0.14-0.01-0.55-0.69-0.370.7-0.03-0.72-0.141.0
-0.18-0.67-0.25-0.23-0.13-0.21-0.690.0-0.18-0.420.0-0.16-0.2-0.68-0.2-0.14-0.01-0.55-0.69-0.370.7-0.03-0.72-0.141.0
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Waste Management Account Relationship Matchups

Waste Management fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.7B29.3B29.1B31.4B32.8B18.0B
Short Long Term Debt Total13.5B13.8B13.4B15.0B16.2B17.0B
Other Current Liab1.3B1.3B1.4B1.6B1.6B956.8M
Total Current Liabilities3.1B3.6B4.1B4.4B4.2B2.7B
Total Stockholder Equity7.1B7.5B7.1B6.8B6.9B4.7B
Property Plant And Equipment Net12.9B14.1B14.4B15.7B17.0B9.5B
Net Debt9.9B13.3B13.3B14.6B15.8B16.6B
Cash3.6B553M118M351M458M382.1M
Non Current Assets Total21.5B25.8B26.0B27.8B29.0B15.6B
Non Currrent Assets Other1.6B1.6B1.7B(364M)1.4B1.5B
Cash And Short Term Investments3.6B553M118M351M458M387.4M
Net Receivables2.3B2.6B2.5B2.8B2.9B1.6B
Common Stock Shares Outstanding427.5M425.1M422.9M415M406.9M402.9M
Liabilities And Stockholders Equity27.7B29.3B29.1B31.4B32.8B18.0B
Non Current Liabilities Total17.5B18.3B17.9B20.1B21.7B22.8B
Total Liab20.7B21.9B22.0B24.5B25.9B13.2B
Total Current Assets6.2B3.5B3.1B3.6B3.8B2.5B
Short Term Debt218M551M708M414M334M484.6M
Intangible Assets521M1.0B898M827M759M963.3M
Retained Earnings10.6B11.2B12.0B13.2B14.3B15.1B
Other Current Assets329M239M270M284M303M290.8M
Other Stockholder Equity(3.5B)(3.8B)(4.9B)(6.3B)(7.4B)(7.0B)
Accounts Payable1.1B1.1B1.4B1.8B1.7B995.7M
Property Plant And Equipment Gross12.9B14.1B35.0B37.3B39.8B41.8B
Accumulated Other Comprehensive Income(8M)39M17M(69M)(37M)(38.9M)
Other Liab3.7B3.9B5.1B5.2B5.8B3.0B
Other Assets681M1.6B1.7B1.9B2.2B2.4B
Long Term Debt13.3B12.9B12.7B14.6B15.9B10.5B
Good Will6.5B9.0B9.0B9.3B9.3B6.9B
Treasury Stock(8.4B)(8.6B)(8.9B)(10.1B)(9.1B)(8.6B)
Property Plant Equipment12.9B14.1B14.4B15.7B18.1B13.0B
Current Deferred Revenue534M539M571M589M578M532.5M
Net Tangible Assets15M(2.6B)(2.8B)(3.3B)(3.0B)(2.8B)
Retained Earnings Total Equity10.6B11.2B12.0B13.2B15.1B9.3B

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Check out Your Current Watchlist 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 population.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Management. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.153
Dividend Share
2.95
Earnings Share
6.56
Revenue Per Share
53.245
Quarterly Revenue Growth
0.079
The market value of Waste Management is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Management's value that differs from its market value or its book value, called intrinsic value, which is Waste Management's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Management's market value can be influenced by many factors that don't directly affect Waste Management's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waste Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Management's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.