CWST (Casella Waste Systems) Debt-to-Asset : 0.41 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CWST Casella Waste Systems Inc CWST
85 GF Score
Price $92.66
GF Value $124.17
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Casella Waste Systems Debt-to-Asset?

Casella Waste Systems CWST +0.43% 85 Debt-to-Asset is 0.41 as of Jun. 2026. GuruFocus rates CWST with a GF Score™ of 85/100 and a GF Value™ of $124.17 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Casella Waste Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $38 Mil. Casella Waste Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $1,407 Mil. Casella Waste Systems's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $3,558 Mil. Casella Waste Systems's debt to asset for the quarter that ended in Jun. 2026 was 0.41.

Casella Waste Systems  (NAS:CWST) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Casella Waste Systems Debt-to-Asset Related Terms

Casella Waste Systems Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Casella Waste Systems's Debt-to-Asset 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.

Casella Waste Systems Debt-to-Asset Chart

Casella Waste Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.45 0.44 0.37 0.38

Casella Waste Systems Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.38 0.38 0.38 0.41

CWST vs SGLA, OIO, NVRI: Debt-to-Asset Comparison

For the Waste Management subindustry, Casella Waste Systems's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Casella Waste Systems Debt-to-Asset vs Waste Management Industry

For the Waste Management industry and Industrials sector, Casella Waste Systems's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Casella Waste Systems's Debt-to-Asset falls into.


CWST
85GF Score
Casella Waste Systems Inc CWST
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Casella Waste Systems Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Casella Waste Systems's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(37.687 + 1201.44) / 3303.326
=0.38

Casella Waste Systems's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(37.884 + 1407.12) / 3557.516
=0.41

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.41 mean?
Casella Waste Systems (CWST) has a Debt-to-Asset of 0.41 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Casella Waste Systems and its competitors.
Is Casella Waste Systems' Debt-to-Asset too high?
Casella Waste Systems' current Debt-to-Asset is 0.41. Overall, Casella Waste Systems has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Casella Waste Systems' Debt-to-Asset compare to SGLA and OIO?
Casella Waste Systems' Debt-to-Asset of 0.41 can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Waste Management company?
A good Debt-to-Asset depends on the Waste Management industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Casella Waste Systems and its competitors. Casella Waste Systems's current Debt-to-Asset is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casella Waste Systems stock overvalued right now?
Based on GuruFocus' analysis, Casella Waste Systems (CWST) is currently considered Modestly Undervalued. The stock's GF Value™ is $124.17, compared to a current price of $92.66 — trading 25.4% below its estimated fair value. The current Debt-to-Asset is 0.41. Casella Waste Systems' overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Casella Waste Systems (CWST), the current Debt-to-Asset is 0.41 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Casella Waste Systems (CWST) Overvalued in 2026?

Based on GuruFocus' analysis, Casella Waste Systems stock appears to be undervalued. The current stock price of $92.66 is trading 25.4% below its estimated GF Value™ of $124.17. GuruFocus considers Casella Waste Systems to be Modestly Undervalued.

Key valuation signals for CWST:

  • Debt-to-Asset: 0.41
  • GF Value™: $124.17 vs. price of $92.66 (25.4% below fair value)
  • GF Score™: 85/100 with 7 warning signs

No single metric tells the full story. See the CWST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Casella Waste Systems Business Description

Other Exchanges WA3:Germany
Address 25 Greens Hill Lane, Rutland, VT, USA, 05701
Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers. The company's reportable segments on Geographical basis include Eastern, Western and Mid-Atlantic regions through the Resource solution segment. It generates maximum revenue from the Western region segment. The company's services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.
85GF Score

Get the complete analysis for CWST

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$92.66
Price
$124.17
GF Value