Casella Waste Systems Inc
Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the United States. The company offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, institutional, and industrial customers. It also provides … Read more
Casella Waste Systems Inc (CWST) - Net Assets
Latest net assets as of September 2025: $1.57 Billion USD
Based on the latest financial reports, Casella Waste Systems Inc (CWST) has net assets worth $1.57 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.29 Billion) and total liabilities ($1.72 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.57 Billion |
| % of Total Assets | 47.71% |
| Annual Growth Rate | 14.93% |
| 5-Year Change | 328.24% |
| 10-Year Change | N/A |
| Growth Volatility | 103.08 |
Casella Waste Systems Inc - Net Assets Trend (1996–2024)
This chart illustrates how Casella Waste Systems Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Casella Waste Systems Inc (1996–2024)
The table below shows the annual net assets of Casella Waste Systems Inc from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.55 Billion | +51.78% |
| 2023-12-31 | $1.02 Billion | +105.22% |
| 2022-12-31 | $497.90 Million | +17.86% |
| 2021-12-31 | $422.46 Million | +16.66% |
| 2020-12-31 | $362.14 Million | +195.02% |
| 2019-12-31 | $122.75 Million | +875.35% |
| 2018-12-31 | $-15.83 Million | +58.18% |
| 2017-12-31 | $-37.86 Million | -54.22% |
| 2016-12-31 | $-24.55 Million | -13.67% |
| 2015-12-31 | $-21.60 Million | -76.26% |
| 2014-12-31 | $-12.25 Million | -1.94% |
| 2013-12-31 | $-12.02 Million | -177.79% |
| 2012-12-31 | $15.45 Million | 0.00% |
| 2011-12-31 | $15.45 Million | -15.25% |
| 2010-12-31 | $18.23 Million | -80.60% |
| 2009-12-31 | $93.99 Million | +86.87% |
| 2008-12-31 | $50.30 Million | -59.66% |
| 2007-12-31 | $124.68 Million | 0.00% |
| 2006-12-31 | $124.68 Million | -3.72% |
| 2005-12-31 | $129.50 Million | -41.12% |
| 2004-12-31 | $219.92 Million | +6.37% |
| 2003-12-31 | $206.75 Million | +16.60% |
| 2002-12-31 | $177.32 Million | -31.80% |
| 2001-12-31 | $259.98 Million | -24.31% |
| 2000-12-31 | $343.50 Million | +27.55% |
| 1999-12-31 | $269.30 Million | +79.06% |
| 1998-12-31 | $150.40 Million | +2.31% |
| 1997-12-31 | $147.00 Million | +366.67% |
| 1996-12-31 | $31.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Casella Waste Systems Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 12278500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $634.00K | 0.04% |
| Other Comprehensive Income | $3.31 Million | 0.21% |
| Other Components | $1.68 Billion | 108.32% |
| Total Equity | $1.55 Billion | 100.00% |
Casella Waste Systems Inc Competitors by Market Cap
The table below lists competitors of Casella Waste Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MINEBEA MITSUMI Inc.
PINK:MINBY
|
$5.50 Billion |
|
Kurita Water Industries Ltd
OTCGREY:KTWIY
|
$5.50 Billion |
|
Arca Continental S.A.B. de C.V
PINK:EMBVF
|
$5.51 Billion |
|
Shenzhen Megmeet Electrical Co Ltd
SHE:002851
|
$5.51 Billion |
|
China Feihe Limited
PINK:CFEIY
|
$5.49 Billion |
|
Zensho Holdings Co. Ltd
PINK:ZSHOF
|
$5.48 Billion |
|
MINISO GRP HLD.ADS/4
F:MIF
|
$5.48 Billion |
|
Rexel S.A
PINK:RXLSF
|
$5.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Casella Waste Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,021,791,000 to 1,550,839,000, a change of 529,048,000 (51.8%).
- Net income of 13,536,000 contributed positively to equity growth.
- New share issuances of 496,245,000 increased equity.
- Other comprehensive income increased equity by 4,392,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $13.54 Million | +0.87% |
| Share Issuances | $496.25 Million | +32.0% |
| Other Comprehensive Income | $4.39 Million | +0.28% |
| Other Changes | $14.88 Million | +0.96% |
| Total Change | $- | 51.78% |
Book Value vs Market Value Analysis
This analysis compares Casella Waste Systems Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.40x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 20.59x to 3.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $4.30 | $88.44 | x |
| 1997-12-31 | $15.40 | $88.44 | x |
| 1998-12-31 | $9.62 | $88.44 | x |
| 1999-12-31 | $16.81 | $88.44 | x |
| 2000-12-31 | $16.82 | $88.44 | x |
| 2001-12-31 | $9.95 | $88.44 | x |
| 2002-12-31 | $7.31 | $88.44 | x |
| 2003-12-31 | $8.46 | $88.44 | x |
| 2004-12-31 | $8.73 | $88.44 | x |
| 2005-12-31 | $5.10 | $88.44 | x |
| 2006-12-31 | $4.93 | $88.44 | x |
| 2007-12-31 | $4.91 | $88.44 | x |
| 2008-12-31 | $1.97 | $88.44 | x |
| 2009-12-31 | $3.65 | $88.44 | x |
| 2010-12-31 | $0.63 | $88.44 | x |
| 2011-12-31 | $0.42 | $88.44 | x |
| 2012-12-31 | $0.40 | $88.44 | x |
| 2013-12-31 | $-0.31 | $88.44 | x |
| 2014-12-31 | $-0.30 | $88.44 | x |
| 2015-12-31 | $-0.53 | $88.44 | x |
| 2016-12-31 | $-0.59 | $88.44 | x |
| 2017-12-31 | $-0.90 | $88.44 | x |
| 2018-12-31 | $-0.36 | $88.44 | x |
| 2019-12-31 | $2.56 | $88.44 | x |
| 2020-12-31 | $7.38 | $88.44 | x |
| 2021-12-31 | $8.20 | $88.44 | x |
| 2022-12-31 | $9.62 | $88.44 | x |
| 2023-12-31 | $18.49 | $88.44 | x |
| 2024-12-31 | $26.03 | $88.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Casella Waste Systems Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.87%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.15x
- Recent ROE (0.87%) is above the historical average (-34.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 1.84% | 2.29% | 0.48x | 1.68x | $-12.00 Million |
| 1998 | 6.05% | 5.25% | 0.64x | 1.80x | $-5.94 Million |
| 1999 | 3.38% | 5.25% | 0.23x | 2.81x | $-17.83 Million |
| 2000 | 3.41% | 3.28% | 0.37x | 2.79x | $-21.36 Million |
| 2001 | -44.02% | -21.16% | 0.70x | 2.98x | $-124.60 Million |
| 2002 | 4.23% | 1.78% | 0.68x | 3.51x | $-10.20 Million |
| 2003 | 3.92% | 1.84% | 0.62x | 3.45x | $-12.57 Million |
| 2004 | 3.31% | 1.51% | 0.59x | 3.69x | $-14.72 Million |
| 2005 | 8.57% | 2.11% | 0.63x | 6.43x | $-1.85 Million |
| 2006 | -14.34% | -3.27% | 0.65x | 6.71x | $-30.35 Million |
| 2007 | -6.28% | -1.35% | 0.69x | 6.71x | $-20.30 Million |
| 2008 | -135.25% | -12.27% | 0.73x | 15.01x | $-73.05 Million |
| 2009 | -14.74% | -2.65% | 0.76x | 7.35x | $-23.26 Million |
| 2010 | 233.87% | 8.25% | 0.74x | 38.57x | $36.78 Million |
| 2011 | -687.51% | -16.14% | 0.73x | 58.45x | $-78.71 Million |
| 2012 | -396.62% | -11.89% | 0.69x | 48.32x | $-55.51 Million |
| 2013 | 0.00% | -4.64% | 0.74x | 0.00x | $-21.87 Million |
| 2014 | 0.00% | -1.63% | 0.55x | 0.00x | $-4.79 Million |
| 2015 | 0.00% | -2.37% | 0.86x | 0.00x | $-10.82 Million |
| 2016 | 0.00% | -1.21% | 0.89x | 0.00x | $-4.40 Million |
| 2017 | 0.00% | -3.64% | 0.97x | 0.00x | $-18.01 Million |
| 2018 | 0.00% | 0.97% | 0.90x | 0.00x | $8.00 Million |
| 2019 | 25.79% | 4.26% | 0.80x | 7.59x | $19.38 Million |
| 2020 | 25.16% | 11.76% | 0.65x | 3.30x | $54.89 Million |
| 2021 | 9.73% | 4.62% | 0.69x | 3.04x | $-1.15 Million |
| 2022 | 10.66% | 4.89% | 0.75x | 2.91x | $3.29 Million |
| 2023 | 2.49% | 2.01% | 0.50x | 2.48x | $-76.78 Million |
| 2024 | 0.87% | 0.87% | 0.47x | 2.15x | $-141.55 Million |
Industry Comparison
This section compares Casella Waste Systems Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $61,795,124
- Average return on equity (ROE) among peers: -17.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Casella Waste Systems Inc (CWST) | $1.57 Billion | 1.84% | 1.10x | $5.50 Billion |
| American Battery Technology Company Common Stock (ABAT) | $70.60 Million | -66.24% | 0.20x | $410.46 Million |
| Agilyx AS (AGXXF) | $35.34 Million | 10.45% | 1.10x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $8.37 Million | 0.00% | 1.76x | $5.74 Million |
| Anaergia Inc (ANRGF) | $125.77 Million | -18.04% | 2.60x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $31.14 Million | -82.73% | 0.13x | $12.23 Million |
| Avalon Holdings Corporation (AWX) | $39.44 Million | 3.70% | 0.21x | $5.00 Million |
| BacTech Environmental Corporation (BCCEF) | $-1.02 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $259.26 Million | -13.65% | 3.41x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $12.19 Million | 4.16% | 0.64x | $27.18 Million |
| BQE Water Inc (BTQNF) | $36.85 Million | -14.23% | 0.05x | $25.45 Million |