- Published: April 2014
- Region: Global
Summary: Advanced Disposal Services Inc. Dec 11
- Published: December 2011
- Standard & Poors
Standard & Poor's Ratings Services' ratings on Jacksonville, Fla.-based Advanced Disposal Services Inc. (ADS) reflect the regional solid waste hauler's modest scale of operations, geographic concentration of revenues and earnings, leveraged capital structure, and acquisition-oriented growth strategy. The company's participation in a recession-resistant industry, its fair degree of vertical integration, and its solid profitability partially offset these characteristics. In our opinion, the solid waste industry benefits from favorable characteristics, including the high necessity of services provided, which enhances the predictability of revenues and renders participants less prone to experiencing heavy losses during economic downturns. With $348 million in trailing-12-month revenues, ADS is a regional provider of nonhazardous solid waste collection, transfer, recycling, and disposal services. Its operations are concentrated in...
Companies mentioned in this report are: Advanced Disposal Services Inc.
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Advanced Disposal Services Inc.