Willscot Mobile Mini Holdings Corp A (WSC)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,018,590 | 1,261,250 | 1,565,300 | 1,996,760 | 2,141,280 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,018,590K)
= 0.00
The debt-to-capital ratio for Willscot Mobile Mini Holdings Corp A has consistently been reported as 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has maintained a stance of not utilizing debt financing during this period, relying entirely on equity or other forms of non-debt capital to fund its operations and investments. The persistent absence of debt suggests a conservative capital structure, potentially highlighting the company's focus on financial stability and risk mitigation. It also implies that the company's leverage load is zero, with no significant interest obligations impacting its profitability or cash flow. This stable debt profile across multiple years underscores a strategic preference or operational circumstance limiting the company's use of debt financing.