Waste Connections Inc (WCN) — Net Asset Quality Index
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. See WCN cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
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. Explore cash flow conversion of Waste Connections Inc to assess how effectively this company generates cash.
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 Waste Connections Inc market capitalisation.
| 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 | — |