Covanta was founded in 1983 and is headquartered in Morristown, US

Covanta has offices in Morristown, Shanghai, Honolulu, Grand Rapids and in 27 other locations

Morristown, US (HQ)

445 South St

Shanghai, CN

2277 Long Yang Lu

Covanta's revenue was reported to be $1.7 b in FY, 2016 which is a **3% increase** from the previous period.

Numbers are in $, USD

## Revenue (FY, 2016) | 1.7 b |

## Revenue growth (FY, 2015 - FY, 2016), % | 3% |

## Net income (FY, 2016) | (4 m) |

## EBIT (FY, 2016) | 109 m |

## Market capitalization (26-May-2017) | 1.9 b |

## Closing share price (26-May-2017) | 14.7 |

## Cash (31-Dec-2016) | 84 m |

## EV | 4.1 b |

Covanta's current market capitalization is $1.9 b.

Numbers are in $, USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 1.6 b | 1.7 b | 1.6 b | 1.7 b |

## Revenue growth, % | 3% | (2%) | 3% | |

## Operating expense total | 1.4 b | 1.5 b | 1.5 b | 1.6 b |

## EBIT | 221 m | 144 m | 100 m | 109 m |

## EBIT margin, % | 14% | 9% | 6% | 6% |

## Interest expense | 125 m | 139 m | ||

## Income tax expense | 84 m | (22 m) | ||

## Net Income | (8 m) | (1 m) | 69 m | (4 m) |

Numbers are in $, USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 198 m | 91 m | 94 m | 84 m |

## Accounts Receivable | ||||

## Inventories | 110 m | 96 m | 122 m | 72 m |

## Current Assets | 740 m | 631 m | 702 m | 544 m |

## PP&E | 2.6 b | 2.7 b | 2.7 b | 3 b |

## Goodwill | 249 m | 274 m | 301 m | 302 m |

## Total Assets | 4.4 b | 4.2 b | 4.3 b | 4.3 b |

## Accounts Payable | 24 m | 34 m | 90 m | 98 m |

## Total Debt | 2.1 b | 2 b | 2.3 b | 2.3 b |

## Current Liabilities | 859 m | 389 m | 371 m | 418 m |

## Common Stock | 14 m | 14 m | 14 m | 14 m |

## Preferred Stock | ||||

## Additional Paid-in Capital | 790 m | 805 m | 801 m | 807 m |

## Retained Earnings | (289 m) | |||

## Total Equity | 911 m | 784 m | 640 m | 469 m |

## Debt to Equity Ratio | 2.3 x | 2.5 x | 3.6 x | 4.8 x |

## Debt to Assets Ratio | 0.5 x | 0.5 x | 0.5 x | 0.5 x |

## Financial Leverage | 4.8 x | 5.4 x | 6.7 x | 9.1 x |

Numbers are in $, USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | (8 m) | (1 m) | 69 m | (4 m) |

## Depreciation and Amortization | 210 m | 211 m | 198 m | 207 m |

## Accounts Receivable | ||||

## Inventories | ||||

## Accounts Payable | (12 m) | 57 m | (8 m) | 45 m |

## Cash From Operating Activities | 316 m | 341 m | 249 m | 282 m |

## Purchases of PP&E | (16 m) | (8 m) | ||

## Cash From Investing Activities | (258 m) | (232 m) | (448 m) | (254 m) |

## Long-term Borrowings | (3 m) | (557 m) | (196 m) | (4 m) |

## Cash From Financing Activities | (103 m) | (213 m) | 208 m | (40 m) |

## Interest Paid | 123 m | 121 m | 141 m | 150 m |

Numbers are in $, USD | Y, 2016 |
---|---|

## EV/EBIT | 37.2 x |

## EV/CFO | 14.4 x |

## Revenue/Employee | 447.1 k |

## Debt/Equity | 4.8 x |

## Debt/Assets | 0.5 x |

## Financial Leverage | 9.1 x |