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WillScot Mobile Mini Holdings (STU:WS11) Debt-to-EBITDA : 3.48 (As of Dec. 2023)


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What is WillScot Mobile Mini Holdings Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

WillScot Mobile Mini Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €70 Mil. WillScot Mobile Mini Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3,417 Mil. WillScot Mobile Mini Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was €1,001 Mil. WillScot Mobile Mini Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.48.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for WillScot Mobile Mini Holdings's Debt-to-EBITDA or its related term are showing as below:

STU:WS11' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.76   Med: 7.31   Max: 10.14
Current: 3.76

During the past 9 years, the highest Debt-to-EBITDA Ratio of WillScot Mobile Mini Holdings was 10.14. The lowest was 3.76. And the median was 7.31.

STU:WS11's Debt-to-EBITDA is ranked worse than
70.45% of 829 companies
in the Business Services industry
Industry Median: 1.88 vs STU:WS11: 3.76

WillScot Mobile Mini Holdings Debt-to-EBITDA Historical Data

The historical data trend for WillScot Mobile Mini Holdings's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WillScot Mobile Mini Holdings Debt-to-EBITDA Chart

WillScot Mobile Mini Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 9.44 7.31 4.95 3.86 3.76

WillScot Mobile Mini Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.20 3.41 3.31 3.54 3.48

Competitive Comparison of WillScot Mobile Mini Holdings's Debt-to-EBITDA

For the Rental & Leasing Services subindustry, WillScot Mobile Mini Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WillScot Mobile Mini Holdings's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, WillScot Mobile Mini Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where WillScot Mobile Mini Holdings's Debt-to-EBITDA falls into.



WillScot Mobile Mini Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

WillScot Mobile Mini Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(69.87 + 3417.066) / 928.108
=3.76

WillScot Mobile Mini Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(69.87 + 3417.066) / 1000.996
=3.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


WillScot Mobile Mini Holdings  (STU:WS11) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


WillScot Mobile Mini Holdings Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of WillScot Mobile Mini Holdings's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


WillScot Mobile Mini Holdings (STU:WS11) Business Description

Traded in Other Exchanges
Address
4646 E Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008
WillScot Mobile Mini Holdings Corp is a business services provider specializing in innovative flexible work space and portable storage solutions. The company's segment includes Modular Solutions and Storage Solutions. It generates maximum revenue from the Modular Solutions segment. The company serves furniture rental, transportation and logistics, facility management, job site services, commercial storage, and commercial real estate sector. Geographically, it derives a majority of its revenue from the United States.

WillScot Mobile Mini Holdings (STU:WS11) Headlines

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