Waste Connections Inc (WCN) — Net Asset Quality Index

Latest as of December 2025: 39.0%

Waste Connections Inc (WCN) has a Net Asset Quality Index of 39.0% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$21.13 Billion minus total liabilities of CA$12.88 Billion yields net assets of CA$8.25 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Waste Connections Inc (WCN) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

39.0%
Equity / Total Assets

Net Assets

CA$8.25 Billion
CAD

Total Assets

CA$21.13 Billion
CAD

Total Liabilities

CA$12.88 Billion
CAD

Waste Connections Inc Net Asset Quality Index Over Time (1997–2025)

This chart shows how Waste Connections Inc's Net Asset Quality Index has evolved across 29 annual periods from 1997 to 2025. As of December 2025, the index stands at 39.0%, representing net assets of CA$8.25 Billion against total assets of CA$21.13 Billion CAD. See Waste Connections Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Waste Connections Inc (1997–2025)

The table below presents the year-by-year Net Asset Quality Index for Waste Connections Inc from 1997 to 2025, covering 29 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see WCN company net worth.

Year Quality Index Net Assets (CAD) Total Assets Total Liabilities Change (pp)
2025 39.0% CA$8.25 Billion CA$21.13 Billion CA$12.88 Billion ▼ -0.6 pp
2024 39.7% CA$7.86 Billion CA$19.82 Billion CA$11.96 Billion ▼ -3.3 pp
2023 43.0% CA$7.70 Billion CA$17.92 Billion CA$10.22 Billion ▲ +1.5 pp
2022 41.5% CA$7.11 Billion CA$17.13 Billion CA$10.02 Billion ▼ -6.1 pp
2021 47.6% CA$6.99 Billion CA$14.70 Billion CA$7.71 Billion ▼ -1.5 pp
2020 49.1% CA$6.86 Billion CA$13.99 Billion CA$7.13 Billion ▼ -1.5 pp
2019 50.5% CA$6.94 Billion CA$13.74 Billion CA$6.80 Billion ▼ -0.7 pp
2018 51.2% CA$6.46 Billion CA$12.63 Billion CA$6.17 Billion ▼ -1.1 pp
2017 52.2% CA$6.27 Billion CA$12.01 Billion CA$5.74 Billion ▲ +1.7 pp
2016 50.5% CA$5.65 Billion CA$11.19 Billion CA$5.54 Billion ▲ +11.6 pp
2015 38.9% CA$1.99 Billion CA$5.12 Billion CA$3.13 Billion ▼ -3.7 pp
2014 42.5% CA$2.23 Billion CA$5.25 Billion CA$3.02 Billion ▲ +2.1 pp
2013 40.4% CA$2.05 Billion CA$5.06 Billion CA$3.02 Billion ▲ +3.3 pp
2012 37.1% CA$1.88 Billion CA$5.08 Billion CA$3.19 Billion ▼ -5.0 pp
2011 42.1% CA$1.40 Billion CA$3.33 Billion CA$1.93 Billion ▼ -4.9 pp
2010 47.0% CA$1.37 Billion CA$2.92 Billion CA$1.55 Billion ▼ -1.1 pp
2009 48.1% CA$1.36 Billion CA$2.82 Billion CA$1.46 Billion ▼ -0.2 pp
2008 48.3% CA$1.26 Billion CA$2.60 Billion CA$1.35 Billion ▲ +7.6 pp
2007 40.6% CA$805.37 Million CA$1.98 Billion CA$1.18 Billion ▼ -2.5 pp
2006 43.1% CA$764.47 Million CA$1.77 Billion CA$1.01 Billion ▼ -1.3 pp
2005 44.4% CA$744.56 Million CA$1.68 Billion CA$931.75 Million ▼ -4.7 pp
2004 49.1% CA$731.94 Million CA$1.49 Billion CA$759.54 Million ▲ +8.9 pp
2003 40.2% CA$561.42 Million CA$1.40 Billion CA$834.53 Million ▲ +2.6 pp
2002 37.6% CA$474.79 Million CA$1.26 Billion CA$787.09 Million ▼ -3.2 pp
2001 40.8% CA$399.79 Million CA$979.35 Million CA$579.56 Million ▼ -0.4 pp
2000 41.3% CA$334.21 Million CA$810.10 Million CA$475.90 Million ▲ +5.9 pp
1999 35.4% CA$218.50 Million CA$617.30 Million CA$398.80 Million ▼ -5.5 pp
1998 40.9% CA$61.10 Million CA$149.30 Million CA$88.20 Million ▲ +4.4 pp
1997 36.5% CA$6.90 Million CA$18.90 Million CA$12.00 Million
pp = percentage points