Latest Current Report
Filed: 2026-03-25
Key Insights
- Waste Management, Inc. has amended its revolving credit agreement to allow for the add back of equity-based compensation and interest accretion as non-cash items for purposes of the leverage ratio financial covenant calculation. This change is intended to enhance comparability with industry peers and their covenant calculations.
- The amendment was made on March 20, 2026, indicating the company is proactively managing its credit facility and financial covenants.
- The ability to add back non-cash items like equity-based compensation and interest accretion could improve Waste Management's leverage ratio and financial flexibility, potentially benefiting the company and its investors.