WillScot Holdings Balance Sheet Health
Financial Health criteria checks 1/6
WillScot Holdings has a total shareholder equity of $1.3B and total debt of $3.4B, which brings its debt-to-equity ratio to 255%. Its total assets and total liabilities are $6.2B and $4.9B respectively. WillScot Holdings's EBIT is $628.5M making its interest coverage ratio 2.9. It has cash and short-term investments of $30.4M.
Key information
255.0%
Debt to equity ratio
US$3.37b
Debt
Interest coverage ratio | 2.9x |
Cash | US$30.36m |
Equity | US$1.32b |
Total liabilities | US$4.86b |
Total assets | US$6.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WS11's short term assets ($575.4M) do not cover its short term liabilities ($595.8M).
Long Term Liabilities: WS11's short term assets ($575.4M) do not cover its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: WS11's net debt to equity ratio (252.7%) is considered high.
Reducing Debt: WS11's debt to equity ratio has increased from 242.6% to 255% over the past 5 years.
Debt Coverage: WS11's debt is well covered by operating cash flow (24.4%).
Interest Coverage: WS11's interest payments on its debt are not well covered by EBIT (2.9x coverage).