Waste Management Inc.、合并资产负债表结构：负债和股东权益（季度数据）
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2021年12月31日 |
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2021年9月30日 |
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2021年6月30日 |
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2021年3月31日 |
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2020年12月31日 |
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2020年9月30日 |
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2020年6月30日 |
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2020年3月31日 |
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2019年12月31日 |
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2019年9月30日 |
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2019年6月30日 |
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2019年3月31日 |
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2018年12月31日 |
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2018年9月30日 |
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2018年6月30日 |
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2018年3月31日 |
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2017年12月31日 |
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2017年9月30日 |
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2017年6月30日 |
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2017年3月31日 |
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应付帐款 |
4.73% | |
5.08% | |
4.80% | |
4.17% | |
3.82% | |
3.57% | |
3.40% | |
3.79% | |
3.84% | |
3.33% | |
3.49% | |
3.85% | |
4.58% | |
4.16% | |
3.77% | |
3.58% | |
4.76% | |
3.77% | |
3.88% | |
3.49% | |
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应计负债 |
4.91% | |
5.11% | |
4.73% | |
4.41% | |
4.57% | |
5.08% | |
4.45% | |
4.25% | |
4.78% | |
5.01% | |
4.99% | |
4.95% | |
4.93% | |
5.18% | |
5.14% | |
4.66% | |
4.49% | |
5.42% | |
5.16% | |
4.66% | |
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递延收入 |
1.96% | |
1.95% | |
1.92% | |
1.89% | |
1.84% | |
2.00% | |
1.86% | |
1.83% | |
1.92% | |
1.91% | |
2.02% | |
2.19% | |
2.30% | |
2.27% | |
2.35% | |
2.24% | |
2.30% | |
2.31% | |
2.38% | |
2.32% | |
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长期债务的流动部分 |
2.43% | |
2.08% | |
1.24% | |
0.84% | |
1.88% | |
0.67% | |
11.98% | |
1.42% | |
0.79% | |
0.78% | |
0.45% | |
4.46% | |
1.91% | |
1.98% | |
3.76% | |
4.78% | |
3.39% | |
4.06% | |
1.87% | |
1.92% | |
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流动负债 |
14.03% |
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14.22% |
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12.68% |
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11.30% |
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12.11% |
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11.33% |
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21.68% |
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11.30% |
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11.33% |
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11.03% |
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10.95% |
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15.45% |
|
13.72% |
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13.59% |
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15.01% |
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15.26% |
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14.94% |
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15.56% |
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13.29% |
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12.39% |
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长期债务，减去流动部分 |
43.64% | |
43.15% | |
44.37% | |
45.56% | |
45.18% | |
41.40% | |
36.06% | |
48.07% | |
47.87% | |
48.50% | |
48.58% | |
39.89% | |
42.36% | |
42.36% | |
40.74% | |
40.27% | |
40.09% | |
40.55% | |
41.59% | |
41.87% | |
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递延所得税 |
5.82% | |
5.92% | |
6.01% | |
6.21% | |
6.15% | |
5.93% | |
5.14% | |
5.10% | |
5.07% | |
4.91% | |
4.96% | |
5.55% | |
5.70% | |
5.51% | |
5.68% | |
5.69% | |
5.72% | |
6.93% | |
7.14% | |
7.37% | |
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垃圾填埋场和环境修复责任 |
8.16% | |
8.13% | |
7.92% | |
7.78% | |
7.57% | |
8.22% | |
7.63% | |
7.33% | |
6.96% | |
7.07% | |
7.31% | |
7.98% | |
8.07% | |
8.11% | |
8.22% | |
8.12% | |
8.11% | |
8.24% | |
8.22% | |
8.19% | |
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其他责任 |
3.87% | |
3.70% | |
3.70% | |
3.59% | |
3.58% | |
4.23% | |
3.60% | |
3.39% | |
3.29% | |
3.46% | |
3.31% | |
3.67% | |
2.44% | |
2.81% | |
2.84% | |
3.23% | |
3.46% | |
3.42% | |
3.34% | |
3.37% | |
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长期负债 |
61.48% |
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60.90% |
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61.99% |
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63.14% |
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62.49% |
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59.78% |
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52.42% |
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63.89% |
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63.18% |
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63.94% |
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64.16% |
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57.09% |
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58.57% |
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58.78% |
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57.48% |
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57.31% |
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57.38% |
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59.14% |
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60.28% |
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60.79% |
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负债合计 |
75.51% |
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75.13% |
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74.67% |
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74.44% |
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74.60% |
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71.11% |
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74.10% |
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75.18% |
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74.52% |
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74.96% |
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75.11% |
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72.55% |
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72.29% |
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72.37% |
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72.49% |
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72.56% |
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72.32% |
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74.70% |
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73.57% |
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73.18% |
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普通股，面值 0.01 美元 |
0.02% | |
0.02% | |
0.02% | |
0.02% | |
0.02% | |
0.02% | |
0.02% | |
0.02% | |
0.02% | |
0.02% | |
0.02% | |
0.03% | |
0.03% | |
0.03% | |
0.03% | |
0.03% | |
0.03% | |
0.03% | |
0.03% | |
0.03% | |
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额外实收资本 |
17.76% | |
17.72% | |
17.58% | |
17.44% | |
17.48% | |
20.60% | |
18.93% | |
18.49% | |
18.20% | |
18.54% | |
19.09% | |
21.30% | |
22.04% | |
21.81% | |
22.42% | |
22.24% | |
22.60% | |
22.94% | |
23.17% | |
23.66% | |
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留存收益 |
41.26% | |
40.71% | |
39.41% | |
39.00% | |
38.03% | |
44.21% | |
40.55% | |
39.44% | |
38.18% | |
38.23% | |
38.82% | |
42.46% | |
43.25% | |
41.89% | |
41.64% | |
40.11% | |
39.34% | |
37.57% | |
36.81% | |
36.31% | |
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累计其他综合收益（亏损） |
0.06% | |
0.04% | |
0.24% | |
0.17% | |
0.13% | |
-0.06% | |
-0.15% | |
-0.33% | |
-0.03% | |
-0.12% | |
-0.08% | |
-0.23% | |
-0.38% | |
-0.07% | |
-0.22% | |
-0.13% | |
0.04% | |
0.07% | |
-0.16% | |
-0.32% | |
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按成本计算的库存股 |
-34.62% | |
-33.62% | |
-31.93% | |
-31.08% | |
-30.26% | |
-35.89% | |
-33.47% | |
-32.81% | |
-30.89% | |
-31.64% | |
-32.97% | |
-36.11% | |
-37.24% | |
-36.04% | |
-36.36% | |
-34.91% | |
-34.43% | |
-35.41% | |
-33.52% | |
-32.95% | |
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Total Waste Management， Inc. 股东权益 |
24.48% |
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24.87% |
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25.32% |
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25.55% |
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25.39% |
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28.88% |
|
25.89% |
|
24.81% |
|
25.48% |
|
25.03% |
|
24.88% |
|
27.45% |
|
27.70% |
|
27.62% |
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27.50% |
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27.34% |
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27.57% |
|
25.19% |
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26.33% |
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26.72% |
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非控制性权益 |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.00% | |
0.01% | |
0.00% | |
0.01% | |
0.01% | |
0.09% | |
0.11% | |
0.11% | |
0.10% | |
0.10% | |
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权益合计 |
24.49% |
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24.87% |
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25.33% |
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25.56% |
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25.40% |
|
28.89% |
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25.90% |
|
24.82% |
|
25.48% |
|
25.04% |
|
24.89% |
|
27.45% |
|
27.71% |
|
27.63% |
|
27.51% |
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27.44% |
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27.68% |
|
25.30% |
|
26.43% |
|
26.82% |
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负债和权益合计 |
100.00% |
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100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
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根据报告：
10-K (报告日期： 2021-12-31), 10-Q (报告日期： 2021-09-30), 10-Q (报告日期： 2021-06-30), 10-Q (报告日期： 2021-03-31), 10-K (报告日期： 2020-12-31), 10-Q (报告日期： 2020-09-30), 10-Q (报告日期： 2020-06-30), 10-Q (报告日期： 2020-03-31), 10-K (报告日期： 2019-12-31), 10-Q (报告日期： 2019-09-30), 10-Q (报告日期： 2019-06-30), 10-Q (报告日期： 2019-03-31), 10-K (报告日期： 2018-12-31), 10-Q (报告日期： 2018-09-30), 10-Q (报告日期： 2018-06-30), 10-Q (报告日期： 2018-03-31), 10-K (报告日期： 2017-12-31), 10-Q (报告日期： 2017-09-30), 10-Q (报告日期： 2017-06-30), 10-Q (报告日期： 2017-03-31).
根据财务数据观察，公司的负债结构在报告期内呈现一定的波动，尤其是长期债务的比例变化明显。早期数据显示，长期债务占总负债和权益的比例较为稳定，但在2020年第三季度出现显著下降（从58.78%降至52.42%），随后逐步回升至约62%。这表明公司在该期间可能进行了资产负债结构调整，如偿还部分长期债务或发行新债，导致债务结构的变动。
流动负债占比在整体负债中存在一定的变化，但整体维持在13%至15%之间，显示公司短期负债的稳定性。同时，应付账款和应计负债的比例也比较稳定，反映出公司对应付账款管理和应计负债的持续控制能力。
递延收入比例逐渐下降，从2017年约2.32%逐步降低至2020年前期的1.83%，之后略有上升，表现出公司递延收入的变动特性，或意味着现有合同到期时间的调整和未来收入确认策略的变化。
在所有负债类别中，公司的长期负债占比一直较大，且存在一定的周期性变化。这表明公司在融资结构上偏重长债，可能用于资本性支出或重大项目投资。值得注意的是，2020年第三季度长期债务比重大幅减少至52.42%，之后逐步恢复至60%以上，反映出融资策略的调整或偿债行为的变化。
权益部分则表现出一定的波动。总股东权益占比在一定期间内略有下降，但整体相对稳定，保持在24%到27%之间。留存收益在此期间逐渐累积，尤其是在2020年后期达到高点（接近44%），表明公司盈利能力较强，盈利留存比例较高。这也可能为未来的投资或债务偿还提供资金基础。
此外，库存股（按成本计算）比例普遍呈现下降趋势，显示公司在该期间减少了股票回购行为，可能是维持股东价值或资本结构稳健的考虑。同期，普通股的面值比例非常低且变化不大。
整体来看，公司具有稳健的资本结构，债务比重较高但合理控制，权益稳定增长，盈利留存不断积累。短期负债比例较为稳定，长期债务结构波动反映了融资和偿债策略的调整。未来，投资者应关注公司在债务管理、盈利能力变化及资本结构调整上的持续表现，以评估其财务稳定性和风险水平。
