Willscot Mobile Mini Holdings Corp A (WSC)
Debt-to-assets ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total assets | US$ in thousands | 6,034,910 | 6,137,920 | 5,827,650 | 5,773,600 | 5,572,200 |
Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,034,910K
= 0.00
The debt-to-assets ratio for Willscot Mobile Mini Holdings Corp A, based on the provided data, consistently registers at zero across all specified measurement dates—December 31, 2020, through December 31, 2024. This indicates that, throughout this period, the company's total liabilities have been negligible or non-existent relative to its total assets. Consequently, the company has maintained a financial structure with no significant leverage, suggesting a reliance primarily on equity financing or that liabilities are minimal enough not to impact the overall asset base. The persistent zero ratio over multiple years reflects a stable financial profile in terms of debt levels, with no indication of increased debt obligations or leverage risks during this timeframe.