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Secure Waste InfrastructureTSX:SES +0.42%38 Debt-to-Equity is 1.26 as of Jun. 2026, which is 97% above its 10-year median of 0.64. GuruFocus rates TSX:SES with a GF Score™ of 38/100. The stock has 6 warning signs investors should review. Among 216 Waste Management companies, Secure Waste Infrastructure ranks worse than 82.41% on this metric.
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 Secure Waste Infrastructure's Debt-to-Equity or its related term are showing as below:
TSX:SES'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.64 Max: 1.51
Current: 1.26
During the past 13 years, the highest Debt-to-Equity Ratio of Secure Waste Infrastructure was 1.51. The lowest was 0.21. And the median was 0.64.
TSX:SES's Debt-to-Equity is ranked worse than 82.41% of 216
companies
in the Waste Management industry
Industry Median: 0.595
vs TSX:SES: 1.26
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.
Secure Waste Infrastructure Debt-to-Equity Related Terms
Secure Waste Infrastructure Debt-to-Equity Historical Data
* 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.
TSX:SES vs WM, RSG, WCN: Debt-to-Equity Comparison
For the Waste Management subindustry, Secure Waste Infrastructure'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.
Secure Waste Infrastructure Debt-to-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Secure Waste Infrastructure's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Secure Waste Infrastructure's Debt-to-Equity falls into.
* 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.
Secure Waste Infrastructure (TSX:SES) has a Debt-to-Equity of 1.26 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Secure Waste Infrastructure and its competitors. This is 97% above median its historical median of 0.64. Over the past decade, Secure Waste Infrastructure's Debt-to-Equity has ranged from 0.21 to 1.51. According to the industry distribution chart, Secure Waste Infrastructure ranks #178 out of 216 companies in the Waste Management industry, placing it in the top 82.4%.
Is Secure Waste Infrastructure's Debt-to-Equity too high?
Secure Waste Infrastructure's current Debt-to-Equity of 1.26 is 97% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.51. The Waste Management industry median Debt-to-Equity is 0.60. Secure Waste Infrastructure's value of 1.26 is 111.8% above this industry median. Based on the distribution chart, Secure Waste Infrastructure ranks #178 out of 216 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Secure Waste Infrastructure has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Secure Waste Infrastructure's Debt-to-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Secure Waste Infrastructure ranks #178 out of 216 companies for Debt-to-Equity. This places Secure Waste Infrastructure in the lower half of its industry. The industry median Debt-to-Equity is 0.60. Secure Waste Infrastructure's value of 1.26 is 111.8% above this benchmark. Historically, Secure Waste Infrastructure's own Debt-to-Equity has ranged from 0.21 to 1.51 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.60, Secure Waste Infrastructure has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Waste Management company?
The median Debt-to-Equity among Waste Management companies is 0.60, based on 216 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Secure Waste Infrastructure's current Debt-to-Equity of 1.26 is 111.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Secure Waste Infrastructure and its competitors. For the Waste Management industry, the median Debt-to-Equity is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secure Waste Infrastructure's current Debt-to-Equity is 1.26, which is 97% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Waste Infrastructure stock overvalued right now?
Secure Waste Infrastructure (TSX:SES) has a current Debt-to-Equity of 1.26. The current Debt-to-Equity is 1.26, which is 97% above median its 10-year median of 0.64 and 111.8% above the Waste Management industry median of 0.60. Secure Waste Infrastructure's overall GF Score™ is 38/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Secure Waste Infrastructure (TSX:SES), the current Debt-to-Equity is 1.26 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.
Secure Waste Infrastructure Corp operates in waste management and energy infrastructure business. The company operates in two segments: Waste Management, and Energy Infrastructure. The activities of the company include buying and selling crude oil and natural gas liquid products, capturing location, and other related activities. It generates the majority of its revenue from the Waste Management segment which includes a network of waste processing facilities, produced water pipelines, industrial landfills, and others. Energy Infrastructure includes a network of crude oil gathering pipelines, terminals, and storage facilities.
38GF Score
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