Worthington Enterprises Balance Sheet Health
Financial Health criteria checks 5/6
Worthington Enterprises has a total shareholder equity of $903.2M and total debt of $300.0M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are $1.6B and $742.0M respectively. Worthington Enterprises's EBIT is $2.9M making its interest coverage ratio 2.9. It has cash and short-term investments of $178.5M.
Key information
33.2%
Debt to equity ratio
US$300.01m
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$178.55m |
| Equity | US$903.24m |
| Total liabilities | US$742.03m |
| Total assets | US$1.65b |
Recent financial health updates
Is Worthington Enterprises (NYSE:WOR) A Risky Investment?
Jun 27
We Think Worthington Industries (NYSE:WOR) Can Stay On Top Of Its Debt
Oct 31These 4 Measures Indicate That Worthington Industries (NYSE:WOR) Is Using Debt Reasonably Well
Jul 17Recent updates
Some May Be Optimistic About Worthington Enterprises' (NYSE:WOR) Earnings
Oct 16Worthington Enterprises, Inc.'s (NYSE:WOR) Share Price Not Quite Adding Up
Sep 04Worthington Enterprises, Inc.'s (NYSE:WOR) Intrinsic Value Is Potentially 36% Above Its Share Price
Jul 15Is Worthington Enterprises (NYSE:WOR) A Risky Investment?
Jun 27Is It Time To Consider Buying Worthington Enterprises, Inc. (NYSE:WOR)?
Jun 12Worthington Enterprises: A Small Reshuffling (Rating Upgrade)
May 30Worthington Enterprises, Inc.'s (NYSE:WOR) Share Price Is Matching Sentiment Around Its Earnings
May 28Worthington Enterprises' (NYSE:WOR) Earnings Offer More Than Meets The Eye
Mar 27Worthington Industries: Valuation Re-Rating Completed Post Separation
Mar 25Worthington Enterprises (NYSE:WOR) Is Reducing Its Dividend To $0.16
Mar 06Calculating The Fair Value Of Worthington Enterprises, Inc. (NYSE:WOR)
Mar 04When Should You Buy Worthington Enterprises, Inc. (NYSE:WOR)?
Dec 07Worthington Industries: Unlocking Value After Spinoff Of Worthington Steel
Dec 05We Think Worthington Industries (NYSE:WOR) Can Stay On Top Of Its Debt
Oct 31Estimating The Intrinsic Value Of Worthington Industries, Inc. (NYSE:WOR)
Oct 18Worthington Industries (NYSE:WOR) Has More To Do To Multiply In Value Going Forward
Oct 03Worthington Industries: Why I Am Buying The Dip Post Fiscal Q1 Earnings
Sep 28Worthington Industries' (NYSE:WOR) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 03Worthington Industries (NYSE:WOR) Is Paying Out A Larger Dividend Than Last Year
Aug 20Worthington Industries: Still A Fantastic Steel Play As Infrastructure Investments Increase
Jul 28These 4 Measures Indicate That Worthington Industries (NYSE:WOR) Is Using Debt Reasonably Well
Jul 17Worthington Industries (NYSE:WOR) Will Pay A Larger Dividend Than Last Year At $0.32
Jul 02Worthington Industries (NYSE:WOR) Will Want To Turn Around Its Return Trends
Jun 28Calculating The Intrinsic Value Of Worthington Industries, Inc. (NYSE:WOR)
May 31Financial Position Analysis
Short Term Liabilities: WOR's short term assets ($576.4M) exceed its short term liabilities ($166.2M).
Long Term Liabilities: WOR's short term assets ($576.4M) exceed its long term liabilities ($575.8M).
Debt to Equity History and Analysis
Debt Level: WOR's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: WOR's debt to equity ratio has reduced from 77.1% to 33.2% over the past 5 years.
Debt Coverage: WOR's debt is well covered by operating cash flow (90.5%).
Interest Coverage: WOR's interest payments on its debt are not well covered by EBIT (2.9x coverage).