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Cleanaway Waste ManagementTSPCF +11.45%87 Equity-to-Asset is 0.43 as of Dec. 2025, which is 23% below its 10-year median of 0.56. GuruFocus rates TSPCF with a GF Score™ of 87/100 and a GF Value™ of $2.24 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 243 Waste Management companies, Cleanaway Waste Management ranks worse than 54.73% on this metric.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Cleanaway Waste Management Equity-to-Asset Related Terms
Cleanaway Waste Management Equity-to-Asset 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.
For the Waste Management subindustry, Cleanaway Waste Management's Equity-to-Asset, along with its competitors' market caps and Equity-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.
Cleanaway Waste Management Equity-to-Asset vs Waste Management Industry
For the Waste Management industry and Industrials sector, Cleanaway Waste Management's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Cleanaway Waste Management's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Cleanaway Waste Management's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Cleanaway Waste Management (TSPCF) has a Equity-to-Asset of 0.43 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Cleanaway Waste Management and its competitors. This is 23% below median its historical median of 0.56. Over the past decade, Cleanaway Waste Management's Equity-to-Asset has ranged from 0.43 to 0.75. According to the industry distribution chart, Cleanaway Waste Management ranks #133 out of 243 companies in the Waste Management industry, placing it in the top 54.7%.
Is Cleanaway Waste Management's Equity-to-Asset too high?
Cleanaway Waste Management's current Equity-to-Asset of 0.43 is 23% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 0.75. The Waste Management industry median Equity-to-Asset is 0.46. Cleanaway Waste Management's value of 0.43 is 6.5% below this industry median. Based on the distribution chart, Cleanaway Waste Management ranks #133 out of 243 companies in the Waste Management industry, which is below the industry midpoint. Overall, Cleanaway Waste Management has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cleanaway Waste Management's Equity-to-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, Cleanaway Waste Management ranks #133 out of 243 companies for Equity-to-Asset. This places Cleanaway Waste Management in the lower half of its industry. The industry median Equity-to-Asset is 0.46. Cleanaway Waste Management's value of 0.43 is 6.5% below this benchmark. Historically, Cleanaway Waste Management's own Equity-to-Asset has ranged from 0.43 to 0.75 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.46, Cleanaway Waste Management has consistently been below 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 Equity-to-Asset for a Waste Management company?
The median Equity-to-Asset among Waste Management companies is 0.46, based on 243 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cleanaway Waste Management's current Equity-to-Asset of 0.43 is 6.5% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Cleanaway Waste Management and its competitors. For the Waste Management industry, the median Equity-to-Asset is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleanaway Waste Management's current Equity-to-Asset is 0.43, which is 23% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleanaway Waste Management stock overvalued right now?
Based on GuruFocus' analysis, Cleanaway Waste Management (TSPCF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.24, compared to a current price of $1.85 — trading 17.4% below its estimated fair value. The current Equity-to-Asset is 0.43, which is 23% below median its 10-year median of 0.56 and 6.5% below the Waste Management industry median of 0.46. Cleanaway Waste Management's overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Cleanaway Waste Management (TSPCF), the current Equity-to-Asset is 0.43 as of Dec. 2025. 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 Cleanaway Waste Management (TSPCF) Overvalued in 2026?
Based on GuruFocus' analysis, Cleanaway Waste Management stock appears to be undervalued.
The current stock price of $1.85 is trading 17.4% below its estimated GF Value™ of $2.24.
GuruFocus considers Cleanaway Waste Management to be Modestly Undervalued.
Key valuation signals for TSPCF:
Equity-to-Asset: 0.43 (23% below median its 10-year median of 0.56)
GF Value™: $2.24 vs. price of $1.85 (17.4% below fair value)
Industry Position: 6.5% below the Waste Management median (#133 of 243)
No single metric tells the full story. See the TSPCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cleanaway Waste Management is Australia's largest waste management business with a national footprint in the collection and disposal of waste. It is active in municipal and commercial and industrial waste stream segments and in nonhazardous and hazardous liquid and medical waste. While Cleanaway is allocating greater capital to waste processing and treatment, earnings remain skewed toward waste collection. The company is particularly strong in commercial, industrial, and municipal waste collection with strong market share in all large Australian metro waste collection markets.
87GF Score
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