Waste Management Inc (WM)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 8,252,000 | 7,979,000 | 7,457,000 | 7,082,000 | 6,903,000 | 6,950,000 | 6,909,000 | 6,794,000 | 6,849,000 | 7,010,000 | 7,190,000 | 7,144,000 | 7,124,000 | 7,172,000 | 7,352,000 | 7,427,000 | 7,452,000 | 7,155,000 | 6,891,000 | 6,743,000 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $8,252,000K
= 0.00
The debt-to-equity ratio of Waste Management Inc has consistently been recorded as 0.00 for all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing in relation to its equity, reflecting a strong financial position in terms of capital structure. A debt-to-equity ratio of 0.00 suggests that the company has either no debt or a very minimal amount of debt compared to its equity. This scenario implies that Waste Management Inc is relying more on its equity financing for operations and growth, potentially minimizing financial risk associated with high debt levels. It also indicates the company's ability to manage its financial obligations without excessive leveraging, presenting a positive outlook on its financial stability and solvency.
Peer comparison
Dec 31, 2024