Willscot Mobile Mini Holdings Corp A (WSC)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,018,590K
= 0.00
The debt-to-equity ratio of Willscot Mobile Mini Holdings Corp A has consistently been reported as zero across all the analyzed periods, spanning from December 31, 2020, to December 31, 2024. This indicates that, during these years, the company has maintained no reported interest-bearing debt relative to its shareholders' equity. Such a consistent ratio suggests that the company has financed its operations primarily through equity or retained earnings, without relying on leverage through debt.
A debt-to-equity ratio of zero typically reflects a conservative capital structure with minimal or no reliance on debt financing, which may reduce financial risk associated with interest obligations and refinancing. However, it may also imply that the company potentially forgoes the benefits of leverage, such as tax shields or increased financial flexibility during growth or investment periods. Overall, the data demonstrates a stable, debt-free equity position throughout the specified timeframe.