Worthington Industries Inc (WOR)
Debt-to-equity ratio
| May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 937,187 | 888,879 | 1,696,010 | 1,480,750 | 1,398,190 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
May 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $937,187K
= 0.00
The debt-to-equity ratio for Worthington Industries Inc over the observed period from May 31, 2021, to May 31, 2025, consistently remains at 0.00. This indicates that the company has maintained a debt-free capital structure throughout these years, with no reported long-term or short-term debt relative to shareholders' equity. Such a stable and zero debt-to-equity ratio suggests the firm has relied primarily on equity financing and has not engaged in leveraging activities involving borrowed funds. The absence of debt can imply a conservative financial strategy, potentially reducing financial risk and interest obligations, but it may also limit the company's leverage capacity for growth initiatives. Overall, the data demonstrates a consistently conservative capital structure characterized by a complete lack of debt during the specified timeframe.
Peer comparison
May 31, 2025