Waste Good Will vs Capital Stock Analysis

WM Stock  USD 210.50  0.50  0.24%   
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 Good Will and its Capital Stock 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 tightly coupled 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.

Good Will vs Capital Stock

Good Will vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waste Management Good Will account and Capital Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Waste Management's Good Will and Capital Stock is -0.2. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Capital Stock 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 Good Will and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Waste Management are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Good Will i.e., Waste Management's Good Will and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.
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 tightly coupled 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 9th of May 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

0.820.570.960.960.990.80.250.990.280.250.960.750.821.00.760.310.720.760.66-0.570.380.550.26-0.18-0.18
0.820.610.810.760.810.980.260.810.170.260.770.611.00.830.680.190.890.970.79-0.830.230.820.24-0.67-0.67
0.570.610.480.470.550.590.190.570.50.20.380.140.60.580.4-0.090.510.580.35-0.56-0.510.570.66-0.25-0.25
0.960.810.480.930.960.810.140.960.190.140.940.770.80.950.680.490.720.760.73-0.580.480.60.25-0.23-0.23
0.960.760.470.930.950.730.280.950.320.280.930.860.760.930.760.450.670.690.62-0.420.390.390.13-0.13-0.13
0.990.810.550.960.950.80.150.990.20.150.950.790.810.980.690.350.690.740.59-0.540.380.550.32-0.21-0.21
0.80.980.590.810.730.80.040.810.070.030.760.610.980.80.520.220.920.960.75-0.840.250.860.29-0.69-0.69
0.250.260.190.140.280.150.040.130.481.00.160.120.220.240.81-0.1-0.010.180.31-0.1-0.02-0.05-0.190.00.0
0.990.810.570.960.950.990.810.130.240.130.950.740.810.990.680.330.730.750.63-0.570.370.570.3-0.18-0.18
0.280.170.50.190.320.20.070.480.240.490.090.060.150.260.420.240.190.060.170.06-0.43-0.020.260.210.21
0.250.260.20.140.280.150.031.00.130.490.160.130.220.240.81-0.09-0.010.170.3-0.09-0.03-0.05-0.170.00.0
0.960.770.380.940.930.950.760.160.950.090.160.750.770.950.710.280.720.750.68-0.580.570.490.03-0.16-0.16
0.750.610.140.770.860.790.610.120.740.060.130.750.620.70.560.60.50.490.45-0.160.520.220.01-0.2-0.2
0.821.00.60.80.760.810.980.220.810.150.220.770.620.830.650.170.890.970.78-0.840.240.830.25-0.68-0.68
1.00.830.580.950.930.980.80.240.990.260.240.950.70.830.750.260.720.780.67-0.610.370.590.28-0.2-0.2
0.760.680.40.680.760.690.520.810.680.420.810.710.560.650.750.140.450.60.64-0.430.290.3-0.05-0.14-0.14
0.310.19-0.090.490.450.350.22-0.10.330.24-0.090.280.60.170.260.140.20.090.270.160.330.030.13-0.01-0.01
0.720.890.510.720.670.690.92-0.010.730.19-0.010.720.50.890.720.450.20.890.8-0.790.240.750.1-0.55-0.55
0.760.970.580.760.690.740.960.180.750.060.170.750.490.970.780.60.090.890.83-0.930.250.870.14-0.69-0.69
0.660.790.350.730.620.590.750.310.630.170.30.680.450.780.670.640.270.80.83-0.750.40.68-0.11-0.43-0.43
-0.57-0.83-0.56-0.58-0.42-0.54-0.84-0.1-0.570.06-0.09-0.58-0.16-0.84-0.61-0.430.16-0.79-0.93-0.75-0.15-0.91-0.160.70.7
0.380.23-0.510.480.390.380.25-0.020.37-0.43-0.030.570.520.240.370.290.330.240.250.4-0.150.11-0.47-0.03-0.03
0.550.820.570.60.390.550.86-0.050.57-0.02-0.050.490.220.830.590.30.030.750.870.68-0.910.110.39-0.72-0.72
0.260.240.660.250.130.320.29-0.190.30.26-0.170.030.010.250.28-0.050.130.10.14-0.11-0.16-0.470.39-0.14-0.14
-0.18-0.67-0.25-0.23-0.13-0.21-0.690.0-0.180.210.0-0.16-0.2-0.68-0.2-0.14-0.01-0.55-0.69-0.430.7-0.03-0.72-0.141.0
-0.18-0.67-0.25-0.23-0.13-0.21-0.690.0-0.180.210.0-0.16-0.2-0.68-0.2-0.14-0.01-0.55-0.69-0.430.7-0.03-0.72-0.141.0
Click cells to compare fundamentals

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)(394M)(374.3M)
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 Assets329M363M405M448M303M412.8M
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Waste Management is a strong investment it is important to analyze Waste Management's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Waste Management's future performance. For an informed investment choice regarding Waste Stock, refer to the following important reports:
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 tightly coupled 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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Is Waste Management's industry 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
0.346
Dividend Share
2.85
Earnings Share
6.11
Revenue Per Share
51.287
Quarterly Revenue Growth
0.055
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.