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Waste Management, Inc. Message Board

brokestock 1 post  |  Last Activity: Jan 8, 2015 8:59 AM Member since: Sep 16, 2009
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  • I've decided to rotate out of Veolia due to their delisting voluntarily from the NasDaq. I've always avoided WM due to their massive debt. What's the deal with all the debt? Business as usual?

    Is there really any risk due to their low cash on hand vs debt? Or will just any bank give them all the money they ask for to pay dividends and acquire?

    Honestly, when I look at the balance sheet it looks like garbage to me, but it's most likely me not understanding how things work for these types of companies.

    Thanks.

WM
53.00+0.220(+0.42%)Jan 23 4:02 PMEST

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