Waste ConnectionsMEX:WCNN +6.82%87 Quick Ratio is 0.69 as of Mar. 2026, which is 36% below its 10-year median of 1.07. GuruFocus rates MEX:WCNN with a GF Score™ of 87/100 and a GF Value™ of MXN3,445.03 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 248 Waste Management companies, Waste Connections ranks worse than 84.68% on this metric.
Waste Connections has a quick ratio of 0.69. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Waste Connections's Quick Ratio or its related term are showing as below:
MEX:WCNN'
s Quick Ratio Range Over the Past 10 Years
Min: 0.58 Med: 1.07 Max: 1.98
Current: 0.69
During the past 13 years, Waste Connections's highest Quick Ratio was 1.98. The lowest was 0.58. And the median was 1.07.
MEX:WCNN's Quick Ratio is ranked worse than 84.68% of 248
companies
in the Waste Management industry
Industry Median: 1.42
vs MEX:WCNN: 0.69
Waste Connections (MEX:WCNN) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Waste Connections Quick Ratio Related Terms
Waste Connections Quick Ratio Historical Data
* Premium members only.
The historical data trend for Waste Connections's Quick Ratio 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.
For the Waste Management subindustry, Waste Connections's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.
Waste Connections Quick Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Waste Connections's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Waste Connections's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Waste Connections's Quick Ratio for the fiscal year that ended in Dec. 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.
Waste Connections (MEX:WCNN) has a Quick Ratio of 0.69 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Waste Connections and its competitors. This is 36% below median its historical median of 1.07. Over the past decade, Waste Connections' Quick Ratio has ranged from 0.58 to 1.98. According to the industry distribution chart, Waste Connections ranks #210 out of 248 companies in the Waste Management industry, placing it in the top 84.7%.
Is Waste Connections' Quick Ratio too high?
Waste Connections' current Quick Ratio of 0.69 is 36% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.98. The Waste Management industry median Quick Ratio is 1.42. Waste Connections' value of 0.69 is 51.4% below this industry median. Based on the distribution chart, Waste Connections ranks #210 out of 248 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Waste Connections has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waste Connections' Quick Ratio compare to CLH and RSG?
According to the Waste Management industry distribution chart, Waste Connections ranks #210 out of 248 companies for Quick Ratio. This places Waste Connections in the lower half of its industry. The industry median Quick Ratio is 1.42. Waste Connections' value of 0.69 is 51.4% below this benchmark. Historically, Waste Connections' own Quick Ratio has ranged from 0.58 to 1.98 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.42, Waste Connections 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 Quick Ratio for a Waste Management company?
The median Quick Ratio among Waste Management companies is 1.42, based on 248 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waste Connections's current Quick Ratio of 0.69 is 51.4% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Waste Connections and its competitors. For the Waste Management industry, the median Quick Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waste Connections's current Quick Ratio is 0.69, which is 36% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waste Connections stock overvalued right now?
Based on GuruFocus' analysis, Waste Connections (MEX:WCNN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,445.03, compared to a current price of MXN2,800.00 — trading 18.7% below its estimated fair value. The current Quick Ratio is 0.69, which is 36% below median its 10-year median of 1.07 and 51.4% below the Waste Management industry median of 1.42. Waste Connections' overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Waste Connections (MEX:WCNN), the current Quick Ratio is 0.69 as of Mar. 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 Waste Connections (MEX:WCNN) Overvalued in 2026?
Based on GuruFocus' analysis, Waste Connections stock appears to be undervalued.
The current stock price of MXN2,800.00 is trading 18.7% below its estimated GF Value™ of MXN3,445.03.
GuruFocus considers Waste Connections to be Modestly Undervalued.
Key valuation signals for MEX:WCNN:
Quick Ratio: 0.69 (36% below median its 10-year median of 1.07)
GF Value™: MXN3,445.03 vs. price of MXN2,800.00 (18.7% below fair value)
Industry Position: 51.4% below the Waste Management median (#210 of 248)
No single metric tells the full story. See the MEX:WCNN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waste Connections is a North American waste management company focused on integrated waste collection services. The firm primarily focuses on residential, commercial, municipal, and industrial waste collection, with a secondary market focus on rural areas. With 113 landfills and 222 transfer stations as of 2024, it is the third-largest waste management company by revenue. Revenue is split among six operating segments: Western, Southern, Eastern, Central, Canada, and Midsouth.
87GF Score
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