WillScot Holdings Balance Sheet Health
Financial Health criteria checks 0/6
WillScot Holdings has a total shareholder equity of $1.1B and total debt of $3.5B, which brings its debt-to-equity ratio to 332.8%. Its total assets and total liabilities are $6.0B and $5.0B respectively. WillScot Holdings's EBIT is $573.7M making its interest coverage ratio 2.5. It has cash and short-term investments of $14.5M.
Key information
332.8%
Debt to equity ratio
US$3.51b
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$14.46m |
| Equity | US$1.05b |
| Total liabilities | US$4.98b |
| Total assets | US$6.04b |
Recent financial health updates
Is WillScot Holdings (NASDAQ:WSC) Using Too Much Debt?
Oct 04
Is WillScot Mobile Mini Holdings (NASDAQ:WSC) Using Too Much Debt?
May 03These 4 Measures Indicate That WillScot Mobile Mini Holdings (NASDAQ:WSC) Is Using Debt Reasonably Well
Jan 28Recent updates
Is WillScot Holdings Corporation (NASDAQ:WSC) Trading At A 24% Discount?
Dec 15WillScot Holdings' (NASDAQ:WSC) Soft Earnings Are Actually Better Than They Appear
Nov 06Investors Still Waiting For A Pull Back In WillScot Holdings Corporation (NASDAQ:WSC)
Oct 19Is WillScot Holdings (NASDAQ:WSC) Using Too Much Debt?
Oct 04An Intrinsic Calculation For WillScot Holdings Corporation (NASDAQ:WSC) Suggests It's 45% Undervalued
Aug 19WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Not Flying Under The Radar
Jul 11At US$38.12, Is It Time To Put WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) On Your Watch List?
Jun 20We Think WillScot Mobile Mini Holdings Corp.'s (NASDAQ:WSC) CEO Compensation Looks Fair
Jun 01Is WillScot Mobile Mini Holdings (NASDAQ:WSC) Using Too Much Debt?
May 03Should You Be Adding WillScot Mobile Mini Holdings (NASDAQ:WSC) To Your Watchlist Today?
Apr 18With WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) It Looks Like You'll Get What You Pay For
Apr 02Should You Think About Buying WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Now?
Mar 06These 4 Measures Indicate That WillScot Mobile Mini Holdings (NASDAQ:WSC) Is Using Debt Reasonably Well
Jan 28WillScot Mobile Mini: Capitalizing On Outsourcing Trends
Jan 20Is There An Opportunity With WillScot Mobile Mini Holdings Corp.'s (NASDAQ:WSC) 22% Undervaluation?
Jan 15Why We're Not Concerned About WillScot Mobile Mini Holdings Corp.'s (NASDAQ:WSC) Share Price
Jan 01Financial Position Analysis
Short Term Liabilities: WSC's short term assets ($578.3M) do not cover its short term liabilities ($639.4M).
Long Term Liabilities: WSC's short term assets ($578.3M) do not cover its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: WSC's net debt to equity ratio (331.4%) is considered high.
Reducing Debt: WSC's debt to equity ratio has increased from 247.1% to 332.8% over the past 5 years.
Debt Coverage: WSC's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: WSC's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
WillScot Holdings Corporation is covered by 15 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Wittmann | Baird |
| Manav Patnaik | Barclays |
| Samuel England | Berenberg |