Worthington Industries Inc (WOR)
Debt-to-assets ratio
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,695,150 | 1,682,000 | 1,657,020 | 1,645,270 | 1,679,480 | 1,704,690 | 3,584,140 | 3,476,690 | 3,650,920 | 3,497,670 | 3,390,660 | 3,510,140 | 3,643,020 | 3,738,160 | 3,517,630 | 3,547,760 | 3,373,240 | 3,137,870 | 3,027,380 | 3,131,050 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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. remains consistently at 0.00 across all examined periods, spanning from August 31, 2020, through February 28, 2025. This indicates that the company has reported no debt relative to its total assets during this timeframe. Such a persistent ratio suggests that Worthington Industries operates with an entirely equity-financed capital structure, implying a negligible or nonexistent dependence on borrowed funds. This financial profile reflects a conservative risk management approach, potentially leading to lower financial leverage and associated risks. The absence of debt also indicates that the company may have a strong equity position, which could influence its financial flexibility and ability to leverage or invest in growth opportunities in the future.
Peer comparison
May 31, 2025