Waste Management Inc (WM)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 44,567,000 | 32,823,000 | 31,367,000 | 29,097,000 | 29,345,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $44,567,000K
= 0.00
The debt-to-assets ratio of Waste Management Inc has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 is generally considered favorable as it suggests that the company's operations are primarily funded by equity rather than debt. Waste Management Inc's financial position appears strong in terms of debt management, with no significant leverage risk based on this ratio analysis.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Waste Management Inc
WM
0.00
Republic Services Inc
RSG
0.00