Worthington Enterprises Balance Sheet Health
Financial Health criteria checks 6/6
Worthington Enterprises has a total shareholder equity of $914.4M and total debt of $298.0M, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are $1.7B and $790.2M respectively. Worthington Enterprises's EBIT is $212.0M making its interest coverage ratio 16.7. It has cash and short-term investments of $227.3M.
Key information
32.6%
Debt to equity ratio
US$297.96m
Debt
Interest coverage ratio | 16.7x |
Cash | US$227.31m |
Equity | US$914.44m |
Total liabilities | US$790.25m |
Total assets | US$1.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WTH's short term assets ($691.1M) exceed its short term liabilities ($202.3M).
Long Term Liabilities: WTH's short term assets ($691.1M) exceed its long term liabilities ($588.0M).
Debt to Equity History and Analysis
Debt Level: WTH's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: WTH's debt to equity ratio has reduced from 76.7% to 32.6% over the past 5 years.
Debt Coverage: WTH's debt is well covered by operating cash flow (159.1%).
Interest Coverage: WTH's interest payments on its debt are well covered by EBIT (16.7x coverage).