Worthington Industries Inc (WOR)

Debt-to-capital 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 stockholders’ equity US$ in thousands 938,237 938,521 912,958 901,353 888,879 912,096 1,792,810 1,774,620 1,696,010 1,585,430 1,513,390 1,512,600 1,480,750 1,451,370 1,479,800 1,453,340 1,398,190 1,311,790 1,276,900 1,382,780
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $938,237K)
= 0.00

The analysis of Worthington Industries Inc.'s debt-to-capital ratio over the specified period indicates a consistent value of zero at each recorded date—from August 31, 2020, through to February 28, 2025. This persistent ratio suggests that the company has maintained a capital structure entirely composed of equity with no reported debt. Such a financial profile reflects a conservative approach to leverage, implying that Worthington Industries Inc. relies solely on shareholder equity for financing its operations and growth initiatives. The absence of debt reduces financial risk exposure related to interest obligations and insolvency but may also limit the company's leverage capacity to fund expansion or capitalize on strategic opportunities. This stability in the debt-to-capital ratio underscores a debt-free capital structure throughout the analyzed timeframe.


Peer comparison

May 31, 2025

Company name
Symbol
Debt-to-capital ratio
Worthington Industries Inc
WOR
0.00
Gibraltar Industries Inc
ROCK
0.00
Insteel Industries Inc
IIIN
0.00
Worthington Steel Inc
WS
0.00