Progressive Waste Solutions (Progressive Waste Solutions) Debt-to-Equity : 1.40 (As of Mar. 2016)

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What is Progressive Waste Solutions Debt-to-Equity?

Progressive Waste Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was $1 Mil. Progressive Waste Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was $1,583 Mil. Progressive Waste Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2016 was $1,135 Mil. Progressive Waste Solutions's debt to equity for the quarter that ended in Mar. 2016 was 1.40.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Progressive Waste Solutions's Debt-to-Equity or its related term are showing as below:

BIN's Debt-to-Equity is not ranked ^*
in the Waste Management industry.
Industry Median: 0.69
* Ranked among companies with meaningful Debt-to-Equity only.

Progressive Waste Solutions Debt-to-Equity Historical Data

The historical data trend for Progressive Waste Solutions's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Progressive Waste Solutions Debt-to-Equity Chart

Progressive Waste Solutions Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Debt-to-Equity

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1.02

1.33

1.20

1.27

1.37

Progressive Waste Solutions Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Debt-to-Equity	Get a 7-Day Free Trial															1.26	1.40	1.35	1.37	1.40

Competitive Comparison of Progressive Waste Solutions's Debt-to-Equity

For the Waste Management subindustry, Progressive Waste Solutions's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Progressive Waste Solutions's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Progressive Waste Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Progressive Waste Solutions's Debt-to-Equity falls into.

Progressive Waste Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Progressive Waste Solutions's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.494	+	1550.226)	/	1128.897
	=	1.37

Progressive Waste Solutions's Debt to Equity Ratio for the quarter that ended in Mar. 2016 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.523	+	1583.19)	/	1134.54
	=	1.40

Progressive Waste Solutions (NYSE:BIN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Progressive Waste Solutions Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Progressive Waste Solutions's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Progressive Waste Solutions (Progressive Waste Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Progressive Waste Solutions Ltd (NYSE:BIN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.progressivewaste.com

Progressive Waste Solutions Ltd was incorporated on May 20, 2009 under the provisions of the Business Corporations Act (Ontario). The Company provides vertically integrated non-hazardous solid waste services to commercial, industrial, municipal and residential customers in Canada and the U.S. The Company carries on business through three geographic segments: Canada, the U.S. South and the U.S. Northeast. The business segments are vertically integrated and their operations include the collection and disposal of waste and recyclable materials, transfer station operations, material recovery facilities, landfills and landfill gas to energy facilities.

Executives

James Little	officer: Executive VP Engineering	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Edward E Guillet	director	C/O WASTE CONNECTIONS, INC, 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3
Elise Lipman Jordan	director	3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Ronald J Mittelstaedt	director, officer: Executive Chairman	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Jason Craft	officer: Sr Vice President-Operations	3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Worthing Jackman	director, officer: President and CEO	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Michael W Harlan	director	C/O WASTE CONNECTIONS, INC., 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3
Patrick James Shea	officer: Exec VP, General Counsel & Sec	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
David M Hall	officer: Sr. Vice President - Sales	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Mary Anne Whitney	officer: Sr Vice President & CFO	3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Matthew Stephen Black	officer: Sr. Vice President - Tax	3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
David Eddie	officer: Sr. VP & Chief Accting Officer	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Eric Hansen	officer: Senior Vice President and CIO	3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Darrell W Chambliss	officer: EVP & COO	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
William J Razzouk	director	C/O WASTE CONNECTIONS, INC, 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3

Progressive Waste Solutions (Progressive Waste Solutions) Headlines

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