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WillScot Holdings (STU:WS11) Interest Expense : €-211 Mil (TTM As of Dec. 2024)


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What is WillScot Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WillScot Holdings's interest expense for the three months ended in Dec. 2024 was € -57 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-211 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. WillScot Holdings's Operating Income for the three months ended in Dec. 2024 was € 166 Mil. WillScot Holdings's Interest Expense for the three months ended in Dec. 2024 was € -57 Mil. WillScot Holdings's Interest Coverage for the quarter that ended in Dec. 2024 was 2.94. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

WillScot Holdings Interest Expense Historical Data

The historical data trend for WillScot Holdings's Interest Expense 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 Holdings Interest Expense Chart

WillScot Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -98.08 -102.98 -138.09 -188.02 -217.08

WillScot Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense 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 -54.22 -52.06 -51.60 -50.30 -56.68

WillScot Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-211 Mil.

* 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.

WillScot Holdings  (STU:WS11) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

WillScot Holdings's Interest Expense for the three months ended in Dec. 2024 was €-57 Mil. Its Operating Income for the three months ended in Dec. 2024 was €166 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €3,710 Mil.

WillScot Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*166.416/-56.681
=2.94

* 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.

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. WillScot Holdings Corp interest coverage is 2.58, which is low.

WillScot Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » WillScot Holdings Corp (STU:WS11) » Definitions » Interest Expense
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Traded in Other Exchanges
WSC:USA WS11:Germany
Address
4646 East Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008
Website
https://www.willscot.com
WillScot Holdings Corp designs, delivers, and services onsite, on-demand space solutions for clients. The company offers turnkey solutions in construction, education, manufacturing, retail, healthcare, and entertainment sectors. The products of the company includes modular office complexes, mobile offices, portable storage containers, and others.

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