Casella Cost Of Revenue vs Ebit Analysis

CWST Stock  USD 99.83  1.40  1.38%   
Casella Waste financial indicator trend analysis is way more than just evaluating Casella Waste Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Casella Waste Systems is a good investment. Please check the relationship between Casella Waste Cost Of Revenue and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Casella Waste Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Cost Of Revenue vs Ebit

Cost Of Revenue vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Casella Waste Systems Cost Of Revenue account and Ebit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Casella Waste's Cost Of Revenue and Ebit is 0.9. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebit in the same time period over historical financial statements of Casella Waste Systems, assuming nothing else is changed. The correlation between historical values of Casella Waste's Cost Of Revenue and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Casella Waste Systems are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Cost Of Revenue i.e., Casella Waste's Cost Of Revenue and Ebit go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Casella Waste Systems income statement and represents the costs associated with goods and services Casella Waste provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Ebit

Most indicators from Casella Waste's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Casella Waste Systems 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Casella Waste Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Casella Waste's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 342.9 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 272.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit306.8M362.0M261.8M186.2M
Total Revenue889.2M1.1B1.3B1.3B

Casella Waste fundamental ratios Correlations

0.960.890.990.970.980.610.40.960.921.00.30.920.980.480.960.550.960.970.980.980.910.950.92-0.180.77
0.960.850.970.870.950.720.140.980.850.960.380.850.970.571.00.530.921.00.950.930.80.850.89-0.410.72
0.890.850.90.860.920.630.250.860.780.890.40.780.90.70.870.750.880.880.790.860.80.810.96-0.210.76
0.990.970.90.950.980.640.350.980.891.00.320.890.990.510.970.590.960.980.970.960.890.940.93-0.240.76
0.970.870.860.950.940.460.590.880.940.970.220.940.920.350.870.510.930.890.950.970.940.980.870.030.76
0.980.950.920.980.940.670.310.960.860.980.40.860.970.590.960.670.950.970.930.930.860.890.94-0.280.7
0.610.720.630.640.460.67-0.250.710.40.620.540.40.670.850.730.720.590.720.560.520.560.430.64-0.690.39
0.40.140.250.350.590.31-0.250.20.510.38-0.130.510.26-0.360.120.070.340.170.420.430.550.590.220.690.33
0.960.980.860.980.880.960.710.20.810.970.380.810.980.540.980.560.920.990.950.910.810.880.89-0.410.71
0.920.850.780.890.940.860.40.510.810.910.161.00.860.320.840.370.890.850.910.980.890.910.820.120.74
1.00.960.891.00.970.980.620.380.970.910.320.910.980.490.960.570.960.970.980.970.90.950.92-0.20.76
0.30.380.40.320.220.40.54-0.130.380.160.320.160.290.460.390.510.220.370.240.230.110.120.27-0.50.01
0.920.850.780.890.940.860.40.510.811.00.910.160.860.320.840.370.890.850.910.980.890.910.820.120.74
0.980.970.90.990.920.970.670.260.980.860.980.290.860.550.980.590.950.990.960.950.870.910.94-0.30.8
0.480.570.70.510.350.590.85-0.360.540.320.490.460.320.550.60.810.510.590.340.420.440.270.68-0.550.39
0.961.00.870.970.870.960.730.120.980.840.960.390.840.980.60.560.931.00.940.920.80.840.91-0.420.72
0.550.530.750.590.510.670.720.070.560.370.570.510.370.590.810.560.550.570.410.480.540.410.72-0.360.39
0.960.920.880.960.930.950.590.340.920.890.960.220.890.950.510.930.550.940.930.950.890.910.93-0.180.71
0.971.00.880.980.890.970.720.170.990.850.970.370.850.990.591.00.570.940.950.940.820.870.92-0.380.73
0.980.950.790.970.950.930.560.420.950.910.980.240.910.960.340.940.410.930.950.960.880.960.83-0.170.77
0.980.930.860.960.970.930.520.430.910.980.970.230.980.950.420.920.480.950.940.960.910.940.9-0.050.79
0.910.80.80.890.940.860.560.550.810.890.90.110.890.870.440.80.540.890.820.880.910.930.840.080.76
0.950.850.810.940.980.890.430.590.880.910.950.120.910.910.270.840.410.910.870.960.940.930.830.050.81
0.920.890.960.930.870.940.640.220.890.820.920.270.820.940.680.910.720.930.920.830.90.840.83-0.240.74
-0.18-0.41-0.21-0.240.03-0.28-0.690.69-0.410.12-0.2-0.50.12-0.3-0.55-0.42-0.36-0.18-0.38-0.17-0.050.080.05-0.240.02
0.770.720.760.760.760.70.390.330.710.740.760.010.740.80.390.720.390.710.730.770.790.760.810.740.02
Click cells to compare fundamentals

Casella Waste Account Relationship Matchups

Casella Waste fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets932.2M1.2B1.3B1.4B2.5B2.7B
Short Long Term Debt Total593.4M609.2M616.1M658.3M1.1B1.2B
Other Current Liab50.2M61.5M68.5M83.7M85.8M90.1M
Total Current Liabilities130.6M131.2M152.2M177.6M278.9M292.8M
Total Stockholder Equity122.8M362.1M422.5M497.9M1.0B1.1B
Property Plant And Equipment Net551.9M605.8M738.4M812.6M1.1B1.1B
Net Debt589.9M454.8M582.3M587.2M897.6M482.5M
Retained Earnings(357.0M)(266.1M)(225.0M)(171.9M)(146.5M)(153.8M)
Accounts Payable64.4M49.2M63.1M74.2M116.8M122.6M
Cash3.5M154.3M33.8M71.2M220.9M232.0M
Non Current Assets Total829.4M946.6M1.1B1.2B2.1B2.2B
Non Currrent Assets Other13.1M15.2M16.9M29.0M21.8M16.9M
Cash And Short Term Investments3.5M154.3M33.8M71.2M220.9M232.0M
Net Receivables80.2M74.2M87.0M100.9M160.4M168.4M
Common Stock Shares Outstanding48.0M49.0M51.5M51.8M55.3M34.7M
Liabilities And Stockholders Equity932.2M1.2B1.3B1.4B2.5B2.7B
Non Current Liabilities Total678.8M700.5M708.9M773.7M1.2B1.3B
Other Current Assets19.1M18.7M25.7M35.4M27.1M15.6M
Other Stockholder Equity485.3M639.2M652.0M661.8M1.2B1.2B
Total Liab809.4M831.8M861.1M951.3M1.5B1.6B
Property Plant And Equipment Gross551.9M605.8M738.4M812.6M2.2B2.4B
Total Current Assets102.8M247.3M146.5M207.5M426.3M447.6M
Accumulated Other Comprehensive Income(6.0M)(11.5M)(5.1M)7.5M(1.1M)(1.1M)
Short Term Debt13.7M17.8M17.2M16.0M44.8M28.0M
Intangible Assets58.7M58.3M93.7M91.8M241.4M253.5M
Other Liab95.5M109.2M110.1M131.4M151.1M158.6M
Other Assets21.7M182.9M60.9M44.5M40.0M49.9M
Long Term Debt509.0M530.4M542.5M585.0M1.0B1.1B
Common Stock Total Equity478K511K514K517K594.6K373.1K
Inventory7.7M7.9M9.7M13.5M17.9M18.8M
Common Stock478K511K514K517K580K383.5K
Property Plant Equipment551.9M605.8M738.4M812.6M934.5M497.6M
Current Deferred Revenue2.3M2.7M3.4M3.7M31.5M33.0M
Good Will185.8M194.9M232.9M274.5M735.7M772.5M
Net Tangible Assets(51.1M)169.9M95.9M189.0M217.4M228.2M
Retained Earnings Total Equity(357.0M)(266.1M)(225.0M)(171.9M)(197.7M)(207.6M)

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