Company name:
Advanced Disposal Services Inc
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IPO SHARE PRICE:$18.00
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IPO DATE:06 October 2016
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TICKER:ADSW
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MAIN STOCK EXCHANGE:NYSE
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CURRENT HQ LOCATION:90 Fort Wade Road Ponte Vedra Florida 32081
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FISCAL YEAR END:December 31
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INCORPORATION JURISDICTION:DE
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ORGANIZED AS THE FOLLOWING LEGAL TYPE:Corporation
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Investor Relations Webpage:Coming soon!
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TAX RATE:USA federal corporate nominal income tax rate is 21%
Short Description
Advanced Disposal Services Inc
We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com
Balance Sheet
(USD in thousand)
5.5%
Selected Quarter:
30-Jun
2020
2020
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
7.4%
5.5% —
Accounts Receivable
1.0% —
Prepaid expenses and other current assets
0.9% —
Cash and cash equivalents
Liquidity
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The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
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$8,300 | $6,800 | $7,600 | $10,700 | $11,800 | $12,500 | $31,000 | $31,400 | |||||||||
| Accounts Receivable | 216,800 | 211,400 | 205,600 | 219,600 | 212,400 | 208,300 | 192,800 | 193,800 | |||||||||
| Prepaid expenses and other current assets | 39,100 | 44,800 | 42,300 | 36,700 | 34,100 | 44,000 | 43,000 | 34,600 | |||||||||
| Total current assets | $264,200 | $263,000 | $255,500 | $267,000 | $258,300 | $264,800 | $266,800 | $259,800 |
49.9%
6.2%
35.0%
Selected Quarter:
30-Jun
2020
2020
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
92.6%
49.9% —
Property and equipment net
35.0% —
Goodwill
6.2% —
Other intangible assets
1.5% —
Other non-current assets
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| Property and equipment net | 1,722,900 | 1,761,400 | 1,760,700 | 1,769,100 | 1,773,200 | 1,767,600 | 1,753,200 | 1,748,200 | |||||||||
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Other intangible assets
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261,600 | 257,100 | 258,700 | 249,500 | 241,100 | 233,000 | 225,200 | 217,500 | |||||||||
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Goodwill
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1,210,200 | 1,215,100 | 1,222,700 | 1,224,100 | 1,224,800 | 1,224,800 | 1,224,800 | 1,224,800 | |||||||||
| Other non-current assets | 39,200 | 31,700 | 53,300 | 50,600 | 50,800 | 53,300 | 52,300 | 52,600 | |||||||||
| Total non-current assets | 3,233,900 | 3,265,300 | 3,295,400 | 3,293,300 | 3,289,900 | 3,278,700 | 3,255,500 | 3,243,100 |
| Total assets | $3,498,100 | $3,528,300 | $3,550,900 | $3,560,300 | $3,548,200 | $3,543,500 | $3,522,300 | $3,502,900 |
3.1%
3.5%
7.3%
50.3%
44.3%
Selected Quarter:
30-Jun
2020
2020
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
10.3%
3.5% —
Accounts payable
3.1% —
Accrued expenses
1.9% —
Current portion of deferred revenue
1.2% —
Current maturities of long-term debt
0.6% —
Current maturities of landfill retirement obligations
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| Accounts payable | $108,700 | $107,800 | $118,900 | $139,700 | $115,100 | $120,700 | $101,300 | $121,900 | |||||||||
| Accrued expenses | 120,200 | 117,700 | 120,000 | 125,200 | 134,900 | 124,500 | 123,900 | 109,100 | |||||||||
| Accrued landfill retirement obligations current portion | - | 18,600 | - | - | - | 28,000 | - | - | |||||||||
| Current portion of deferred revenue | 69,400 | 72,500 | 71,300 | 71,500 | 70,400 | 71,300 | 67,700 | 67,500 | |||||||||
| Current maturities of landfill retirement obligations | 20,200 | - | 18,600 | 18,600 | 27,100 | 28,000 | 16,600 | 20,200 | |||||||||
| Current maturities of long-term debt | 52,100 | 85,900 | 84,300 | 74,800 | 73,400 | 76,100 | 87,400 | 41,300 | |||||||||
| Total current liabilities | $370,600 | $402,500 | $413,100 | $429,800 | $420,900 | $420,600 | $396,900 | $360,000 |
Selected Quarter:
30-Jun
2020
2020
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
62.7%
50.3% —
Long-term debt
7.3% —
Accrued landfill retirement obligations non-current portion
2.6% —
Other non-current liabilities
2.5% —
Deferred tax liability
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| Deferred tax liability | 91,800 | 91,100 | 88,300 | 87,500 | 88,500 | 88,500 | 87,400 | 89,100 | |||||||||
| Accrued landfill retirement obligations non-current portion | 211,300 | 229,400 | 232,400 | 236,700 | 231,100 | 236,200 | 253,100 | 255,100 | |||||||||
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Long-term debt
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1,837,900 | 1,817,100 | 1,812,700 | 1,809,600 | 1,800,600 | 1,792,100 | 1,779,800 | 1,762,700 | |||||||||
| Other non-current liabilities | 77,300 | 76,700 | 94,900 | 85,900 | 85,400 | 82,700 | 81,100 | 90,100 | |||||||||
| Total long-term liabilities | $2,218,300 | $2,214,300 | $2,228,300 | $2,219,700 | $2,205,600 | $2,199,500 | $2,201,400 | $2,197,000 |
| Total Liabilities | $2,588,900 | $2,616,800 | $2,641,400 | $2,649,500 | $2,626,500 | $2,620,100 | $2,598,300 | $2,557,000 |
Selected Quarter:
30-Jun
2020
2020
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
27.0%
44.3% —
Additional paid-in capital
0.0% —
Common and Treasury stock
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| Common stock | $900 | - | - | - | - | - | - | - | |||||||||
| Common and Treasury stock | - | - | 900 | 900 | 900 | 900 | 900 | 900 | |||||||||
| Treasury Stock | - | 900 | - | (600) | (600) | (4,100) | (5,600) | (5,600) | |||||||||
| Treasury Stock at cost | - | - | - | - | - | (4,100) | - | - | |||||||||
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Accumulated deficit
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(593,600) | (591,100) | (597,500) | (598,500) | (594,900) | (598,100) | (604,400) | (598,200) | |||||||||
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Additional paid-in capital
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1,498,400 | 1,501,700 | 1,507,700 | 1,511,900 | 1,519,600 | 1,527,700 | 1,535,700 | 1,551,000 | |||||||||
| Accumulated other comprehensive (loss) income | 3,500 | - | - | - | - | - | - | - | |||||||||
| Accumulated other comprehensive loss | - | - | (1,600) | (2,900) | (3,300) | (3,000) | (2,600) | (2,200) | |||||||||
| Total Equity | $909,200 | $911,500 | $909,500 | $910,800 | $921,700 | $923,400 | $924,000 | $945,900 |
| Total Liabilities and Equity | $3,498,100 | $3,528,300 | $3,550,900 | $3,560,300 | $3,548,200 | $3,543,500 | $3,522,300 | $3,502,900 |