Worthington Steel Balance Sheet Health
Financial Health criteria checks 5/6
Worthington Steel has a total shareholder equity of $1.3B and total debt of $182.1M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are $2.2B and $803.1M respectively. Worthington Steel's EBIT is $169.4M making its interest coverage ratio 21.2. It has cash and short-term investments of $89.8M.
Key information
13.52%
Debt to equity ratio
US$182.10m
Debt
| Interest coverage ratio | 21.2x |
| Cash | US$89.80m |
| Equity | US$1.35b |
| Total liabilities | US$803.10m |
| Total assets | US$2.15b |
Recent financial health updates
Is Worthington Steel (NYSE:WS) Using Too Much Debt?
Apr 08
We Think Worthington Steel (NYSE:WS) Can Manage Its Debt With Ease
Nov 08These 4 Measures Indicate That Worthington Steel (NYSE:WS) Is Using Debt Safely
Jul 01These 4 Measures Indicate That Worthington Steel (NYSE:WS) Is Using Debt Safely
Feb 28Recent updates
Worthington Steel (NYSE:WS) Has Affirmed Its Dividend Of $0.16
Dec 28Worthington Steel's (NYSE:WS) Soft Earnings Are Actually Better Than They Appear
Dec 26Worthington Steel: Good Execution, But The Easy Money Has Been Made
Dec 19Worthington Steel's (NYSE:WS) Dividend Will Be $0.16
Dec 01Worthington Steel (NYSE:WS) Is Due To Pay A Dividend Of $0.16
Oct 18Worthington Steel (NYSE:WS) May Have Issues Allocating Its Capital
Sep 09Worthington Steel (NYSE:WS) Is Due To Pay A Dividend Of $0.16
Aug 18Further Upside For Worthington Steel, Inc. (NYSE:WS) Shares Could Introduce Price Risks After 30% Bounce
Jul 12Worthington Steel, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jun 29Worthington Steel (NYSE:WS) Is Due To Pay A Dividend Of $0.16
Jun 11Worthington Steel's (NYSE:WS) Returns On Capital Tell Us There Is Reason To Feel Uneasy
May 13Is Worthington Steel (NYSE:WS) Using Too Much Debt?
Apr 08Worthington Steel: Tariff Woes Are A Concern, But The Firm Is A Buy Nonetheless
Mar 27Worthington Steel (NYSE:WS) Will Pay A Dividend Of $0.16
Mar 06Returns On Capital At Worthington Steel (NYSE:WS) Have Stalled
Jan 19
Acquisition Of Sitem Group Will Expand European Presence And Drive Growth In EV Market
The acquisition of Sitem Group is set to boost Worthington Steel's Europe presence and electrical steel lamination business, supporting growth in the EV market.The Plunge In Worthington Steel Represents A Buying Opportunity
Dec 20We Think Worthington Steel (NYSE:WS) Can Manage Its Debt With Ease
Nov 08Worthington Steel: Shares Fall Despite Exceeding Q1 Estimates
Sep 26These 4 Measures Indicate That Worthington Steel (NYSE:WS) Is Using Debt Safely
Jul 01Worthington Steel, Inc. (NYSE:WS) Looks Inexpensive But Perhaps Not Attractive Enough
May 11Worthington Steel (NYSE:WS) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Mar 29Worthington Steel: A Strong Start Post Separation
Mar 26A Look At The Fair Value Of Worthington Steel, Inc. (NYSE:WS)
Mar 23These 4 Measures Indicate That Worthington Steel (NYSE:WS) Is Using Debt Safely
Feb 28Financial Position Analysis
Short Term Liabilities: WS's short term assets ($1.1B) exceed its short term liabilities ($584.9M).
Long Term Liabilities: WS's short term assets ($1.1B) exceed its long term liabilities ($218.2M).
Debt to Equity History and Analysis
Debt Level: WS's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WS's debt is well covered by operating cash flow (110.2%).
Interest Coverage: WS's interest payments on its debt are well covered by EBIT (21.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/13 13:11 |
| End of Day Share Price | 2026/01/13 00:00 |
| Earnings | 2025/11/30 |
| Annual Earnings | 2025/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Worthington Steel, Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Philip Gibbs | KeyBanc Capital Markets Inc. |
| Martin Englert | Seaport Research Partners |