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Progressive Waste Solutions (TSX:BIN) Equity-to-Asset : 0.34 (As of Mar. 2016)


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What is Progressive Waste Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Progressive Waste Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2016 was C$1,501 Mil. Progressive Waste Solutions's Total Assets for the quarter that ended in Mar. 2016 was C$4,375 Mil. Therefore, Progressive Waste Solutions's Equity to Asset Ratio for the quarter that ended in Mar. 2016 was 0.34.

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

TSX:BIN's Equity-to-Asset is not ranked *
in the Waste Management industry.
Industry Median: 0.44
* Ranked among companies with meaningful Equity-to-Asset only.

Progressive Waste Solutions Equity-to-Asset Historical Data

The historical data trend for Progressive Waste Solutions's Equity-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.

* Premium members only.

Progressive Waste Solutions Equity-to-Asset Chart

Progressive Waste Solutions Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.37 0.38 0.36 0.35

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
Equity-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 0.37 0.34 0.35 0.35 0.34

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

For the Waste Management subindustry, Progressive Waste Solutions'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.


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

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

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



Progressive Waste Solutions Equity-to-Asset Calculation

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.

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

Equity to Asset (A: Dec. 2015 )=Total Stockholders Equity/Total Assets
=1548.056/4449.744
=0.35

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

Equity to Asset (Q: Mar. 2016 )=Total Stockholders Equity/Total Assets
=1500.543/4374.998
=0.34

* 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.


Progressive Waste Solutions  (TSX:BIN) Equity-to-Asset Explanation

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%.


Progressive Waste Solutions Equity-to-Asset Related Terms

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Progressive Waste Solutions (TSX:BIN) Business Description

Traded in Other Exchanges
N/A
Address
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.

Progressive Waste Solutions (TSX:BIN) Headlines

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