Waste Free Cash Flow per Share vs Cost of Revenue Analysis
WM Stock | USD 210.43 1.65 0.79% |
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 Free Cash Flow Per Share and its Cost Of Revenue 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.
Free Cash Flow Per Share vs Cost Of Revenue
Free Cash Flow per Share vs Cost of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waste Management Free Cash Flow per Share account and Cost of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Waste Management's Free Cash Flow per Share and Cost of Revenue is 0.76. Overlapping area represents the amount of variation of Free Cash Flow per Share that can explain the historical movement of Cost of Revenue 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 Free Cash Flow per Share and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow per Share of Waste Management are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Free Cash Flow per Share i.e., Waste Management's Free Cash Flow per Share and Cost of Revenue go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Cost Of Revenue
Cost of Revenue is found on Waste Management income statement and represents the costs associated with goods and services Waste Management 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.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 25th of April 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 Profit | 6.8B | 7.4B | 7.8B | 4.1B | Total Revenue | 17.9B | 19.7B | 20.4B | 10.9B |
Waste Management fundamental ratios Correlations
Click cells to compare fundamentals
Waste Management Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Waste Management fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 27.7B | 29.3B | 29.1B | 31.4B | 32.8B | 18.0B | |
Short Long Term Debt Total | 13.5B | 13.8B | 13.4B | 15.0B | 16.2B | 17.0B | |
Other Current Liab | 1.3B | 1.3B | 1.4B | 1.6B | 1.6B | 956.8M | |
Total Current Liabilities | 3.1B | 3.6B | 4.1B | 4.4B | 4.2B | 2.7B | |
Total Stockholder Equity | 7.1B | 7.5B | 7.1B | 6.8B | 6.9B | 4.7B | |
Property Plant And Equipment Net | 12.9B | 14.1B | 14.4B | 15.7B | 17.0B | 9.5B | |
Net Debt | 9.9B | 13.3B | 13.3B | 14.6B | 15.8B | 16.6B | |
Cash | 3.6B | 553M | 118M | 351M | 458M | 382.1M | |
Non Current Assets Total | 21.5B | 25.8B | 26.0B | 27.8B | 29.0B | 15.6B | |
Non Currrent Assets Other | 1.6B | 1.6B | 1.7B | (364M) | (394M) | (374.3M) | |
Cash And Short Term Investments | 3.6B | 553M | 118M | 351M | 458M | 387.4M | |
Net Receivables | 2.3B | 2.6B | 2.5B | 2.8B | 2.9B | 1.6B | |
Common Stock Shares Outstanding | 427.5M | 425.1M | 422.9M | 415M | 406.9M | 402.9M | |
Liabilities And Stockholders Equity | 27.7B | 29.3B | 29.1B | 31.4B | 32.8B | 18.0B | |
Non Current Liabilities Total | 17.5B | 18.3B | 17.9B | 20.1B | 21.7B | 22.8B | |
Total Liab | 20.7B | 21.9B | 22.0B | 24.5B | 25.9B | 13.2B | |
Total Current Assets | 6.2B | 3.5B | 3.1B | 3.6B | 3.8B | 2.5B | |
Short Term Debt | 218M | 551M | 708M | 414M | 334M | 484.6M | |
Intangible Assets | 521M | 1.0B | 898M | 827M | 759M | 963.3M | |
Retained Earnings | 10.6B | 11.2B | 12.0B | 13.2B | 14.3B | 15.1B | |
Other Current Assets | 329M | 363M | 405M | 448M | 303M | 412.8M | |
Other Stockholder Equity | (3.5B) | (3.8B) | (4.9B) | (6.3B) | (7.4B) | (7.0B) | |
Accounts Payable | 1.1B | 1.1B | 1.4B | 1.8B | 1.7B | 995.7M | |
Property Plant And Equipment Gross | 12.9B | 14.1B | 35.0B | 37.3B | 39.8B | 41.8B | |
Accumulated Other Comprehensive Income | (8M) | 39M | 17M | (69M) | (37M) | (38.9M) | |
Other Liab | 3.7B | 3.9B | 5.1B | 5.2B | 5.8B | 3.0B | |
Other Assets | 681M | 1.6B | 1.7B | 1.9B | 2.2B | 2.4B | |
Long Term Debt | 13.3B | 12.9B | 12.7B | 14.6B | 15.9B | 10.5B | |
Good Will | 6.5B | 9.0B | 9.0B | 9.3B | 9.3B | 6.9B | |
Treasury Stock | (8.4B) | (8.6B) | (8.9B) | (10.1B) | (9.1B) | (8.6B) | |
Property Plant Equipment | 12.9B | 14.1B | 14.4B | 15.7B | 18.1B | 13.0B | |
Current Deferred Revenue | 534M | 539M | 571M | 589M | 578M | 532.5M | |
Net Tangible Assets | 15M | (2.6B) | (2.8B) | (3.3B) | (3.0B) | (2.8B) | |
Retained Earnings Total Equity | 10.6B | 11.2B | 12.0B | 13.2B | 15.1B | 9.3B |
Waste Management Investors Sentiment
The influence of Waste Management's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Waste. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Waste Management's public news can be used to forecast risks associated with an investment in Waste. The trend in average sentiment can be used to explain how an investor holding Waste can time the market purely based on public headlines and social activities around Waste Management. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Waste Management's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Waste Management's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Waste Management's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Waste Management.
Waste Management Implied Volatility | 59.44 |
Waste Management's implied volatility exposes the market's sentiment of Waste Management stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Waste Management's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Waste Management stock will not fluctuate a lot when Waste Management's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Waste Management in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Waste Management's short interest history, or implied volatility extrapolated from Waste Management options trading.
Also Currently Popular
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Waste Stock analysis
When running Waste Management's price analysis, check to measure Waste Management's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Waste Management is operating at the current time. Most of Waste Management's value examination focuses on studying past and present price action to predict the probability of Waste Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waste Management's price. Additionally, you may evaluate how the addition of Waste Management to your portfolios can decrease your overall portfolio volatility.
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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 0.01 | Dividend Share 2.8 | Earnings Share 5.66 | Revenue Per Share 50.447 | Quarterly Revenue Growth 0.057 |
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.