Worthington Steel Inc (WS)
Debt-to-assets ratio
| May 31, 2025 | May 31, 2024 | Aug 31, 2023 | May 31, 2023 | Aug 31, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,961,800 | 1,866,400 | 1,764,360 | 1,764,360 | 2,084,030 |
| 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 ÷ $1,961,800K
= 0.00
The debt-to-assets ratio for Worthington Steel Inc. remains consistently at 0.00 across all specified dates, including August 31, 2022; May 31, 2023; August 31, 2023; May 31, 2024; and May 31, 2025. This indicates that the company has not reported any debt as a proportion of its total assets during this period, suggesting an absence of leverage. The persistence of a zero ratio over the span of nearly three years implies that Worthington Steel Inc. operates without long-term or short-term debt, relying potentially on equity financing or internal cash flows to sustain its assets. The stability of this ratio also points to a conservative financial approach, minimizing financial risk associated with debt obligations.
Peer comparison
May 31, 2025