Worthington Industries Inc (WOR)
Debt-to-assets ratio
| May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,695,150 | 1,638,640 | 3,650,920 | 3,643,020 | 3,373,240 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
May 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,695,150K
= 0.00
The debt-to-assets ratio for Worthington Industries Inc., as reflected in the provided data, consistently remains at 0.00 across the specified periods from May 31, 2021, through May 31, 2025. This uniformity indicates that the company has reported no outstanding debt relative to its total assets during this timeframe. Consequently, the company's capital structure appears entirely funded by equity or other non-debt sources, with no recorded debt obligations impacting its assets. Such a stable and zero debt-to-assets ratio suggests a conservative financial leverage profile and potentially a strong equity position, though it also warrants further investigation into the company's capital funding strategies and liquidity management.
Peer comparison
May 31, 2025