Waste Management Inc

WM
Passed

Company Overview

Waste Management, Inc. is a holding company, which engages in the provision of waste management environmental services. It operates through the following segments: East Tier, West Tier, and Other. The East Tier segment consists of Eastern U.S., the Great Lakes Region, and Canada. The West Tier segment includes the upper Midwest region and British Columbia, Canada. The Other segment covers segments which are not evaluated and overseen through the East and West Tiers. The company was founded on September 30, 1987 and is headquartered in Houston, TX.

Country
US
Market Cap
$71.89B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.00% passed
5% Threshold
0.0%
Liabilities Compliance
22.58% passed
33% Threshold
22.6%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Waste Management Inc
Ticker WM
Main Business Waste Management
Type Common Stock
Industry Waste Management
Country US
Market Cap $71.89 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Revenue $20,426.0 $0.0 -
Interest income $0.0 $0.0 -
Total $20,426.0 $0.0 0.00% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $334,000,000.0 0.46%
long term debt and capital lease obligation $15,900,000,000.0 22.12%
Total Interest-Bearing Debt $16,234,000,000.0 22.58%
Market Capitalization $71,885,367,000.0 100.00%
Compliance Status Threshold: 33% passed