Waste Management Inc (WM)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 44,567,000 | 34,730,000 | 33,999,000 | 32,666,000 | 32,823,000 | 31,935,000 | 31,614,000 | 31,290,000 | 31,367,000 | 29,841,000 | 30,128,000 | 29,219,000 | 29,097,000 | 28,841,000 | 29,037,000 | 29,070,000 | 29,345,000 | 24,772,000 | 26,619,000 | 27,178,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company did not have any debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's assets were entirely financed by equity, which could indicate a strong financial position and low financial risk as the company did not rely on borrowing to fund its operations or investments. This stable and low debt-to-assets ratio suggests that Waste Management Inc may have a conservative financial strategy with a focus on maintaining a healthy balance sheet.
Peer comparison
Dec 31, 2024