Worthington Steel Inc (WS)

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
Long-term debt US$ in thousands
Total assets US$ in thousands 1,961,800 1,799,700 1,739,300 1,829,400 1,866,400 1,849,000 1,897,400 1,857,750 1,764,360 1,764,360
Debt-to-assets ratio 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 ÷ $1,961,800K
= 0.00

The debt-to-assets ratio for Worthington Steel Inc. remains consistently at 0.00 across all observed reporting dates from February 2023 through May 2025. This indicates that, during this period, the company has not reported any debt relative to its total assets. Such a persistent ratio suggests that Worthington Steel Inc. either operates without leverage or reports negligible or no interest-bearing liabilities on its balance sheets. This financial position implies a high degree of reliance on equity financing and potentially a conservative approach to debt management. Overall, the data reflects a debt-free or nearly debt-free capital structure over the specified timeframe.


Peer comparison

May 31, 2025