Worthington Steel Balance Sheet Health
Financial Health criteria checks 5/6
Worthington Steel has a total shareholder equity of $1.1B and total debt of $148.0M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are $1.9B and $748.9M respectively. Worthington Steel's EBIT is $215.4M making its interest coverage ratio 35.9. It has cash and short-term investments of $40.2M.
Key information
13.2%
Debt to equity ratio
US$148.00m
Debt
| Interest coverage ratio | 35.9x |
| Cash | US$40.20m |
| Equity | US$1.12b |
| Total liabilities | US$748.90m |
| Total assets | US$1.87b |
Recent financial health updates
These 4 Measures Indicate That Worthington Steel (NYSE:WS) Is Using Debt Safely
Jul 01
These 4 Measures Indicate That Worthington Steel (NYSE:WS) Is Using Debt Safely
Feb 28Recent updates
These 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 ($1.0B) exceed its short term liabilities ($618.4M).
Long Term Liabilities: WS's short term assets ($1.0B) exceed its long term liabilities ($130.5M).
Debt to Equity History and Analysis
Debt Level: WS's net debt to equity ratio (9.6%) 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 (134.8%).
Interest Coverage: WS's interest payments on its debt are well covered by EBIT (35.9x coverage).