Casella Waste Systems (Casella Waste Systems) Cash-to-Debt : 0.17 (As of Mar. 2024)

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What is Casella Waste Systems Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Casella Waste Systems's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.17.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Casella Waste Systems couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Casella Waste Systems's Cash-to-Debt or its related term are showing as below:

CWST' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.43
Current: 0.17

During the past 13 years, Casella Waste Systems's highest Cash to Debt Ratio was 0.43. The lowest was 0.00. And the median was 0.01.

CWST's Cash-to-Debt is ranked worse than
69.42% of 242 companies
in the Waste Management industry
Industry Median: 0.355 vs CWST: 0.17

Casella Waste Systems Cash-to-Debt Historical Data

The historical data trend for Casella Waste Systems's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Casella Waste Systems Cash-to-Debt Chart

Casella Waste Systems Annual Data

Trend

Apr14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

0.25

0.06

0.11

0.20

Casella Waste Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.09	0.43	0.20	0.20	0.17

Competitive Comparison of Casella Waste Systems's Cash-to-Debt

For the Waste Management subindustry, Casella Waste Systems's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Casella Waste Systems's Cash-to-Debt Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Casella Waste Systems's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Casella Waste Systems's Cash-to-Debt falls into.

Casella Waste Systems Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Casella Waste Systems's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	220.912	/	(44.82	+	1073.736)
	=	0.20

Casella Waste Systems's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	189.457	/	(72.193	+	1047.508)
	=	0.17

Casella Waste Systems (NAS:CWST) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Casella Waste Systems Cash-to-Debt Related Terms

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Casella Waste Systems (Casella Waste Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Casella Waste Systems Inc (NAS:CWST) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

WA3:Germany WA3:Germany

Address

25 Greens Hill Lane, Rutland, VT, USA, 05701

Website

https://www.casella.com

Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers in the Northeastern United States. The company's reportable segments on Geographical basis include Eastern and Western regions as well as the Resource solution segment. It generates maximum revenue from the Western region segment. The company services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.

Executives

Bradford John Helgeson	officer: Executive VP and CFO	30 ESSEX PLACE, BASKING RIDGE NJ 07920
Kevin Drohan	officer: VP & CHIEF ACCOUNTING OFFICER	C/O CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Edmond Coletta	officer: PRESIDENT & CFO	CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Paul Ligon	officer: SR VP & CHIEF REVENUE OFFICER	C/O CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
William P Hulligan	director	25 GREENS HILL LANE, RUTLAND VT 05701
Douglas R Casella	director, officer: VICE CHAIRMAN, BD OF DIRECTORS	CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LN, RUTLAND VT 05701
John W Casella	director, officer: CHIEF EXECUTIVE OFFICER	CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LN, RUTLAND VT 05701
Joseph Doody	director	CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LANE PO BOX 866, RUTLAND VT 05701
Michael Louis Battles	director	45 WILLIAM STREET, WELLESLEY MA 02481
Rose M. Kirk	director	C/O CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Gary Sova	director	CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Emily Nagle Green	director	CASELLA WASTE SYSTEMS, 25 GREENS HILL LANE, RUTLAND VT 05701
Sean Steves	officer: Sr VP & COO of SW Ops	C/O CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Shelley E. Sayward	officer: SENIOR VP & GENERAL COUNSEL	C/O CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Michael K Burke	director	C/O LANDAUER, INC., 2 SCIENCE ROAD, GLENWOOD IL 60425