Worthington Steel Inc (WS)
Debt-to-capital ratio
| May 31, 2025 | May 31, 2024 | Aug 31, 2023 | May 31, 2023 | Aug 31, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,074,100 | 985,300 | 1,028,960 | 1,028,960 | 1,133,150 |
| Debt-to-capital ratio | 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 + $1,074,100K)
= 0.00
The debt-to-capital ratio for Worthington Steel Inc, as presented in the provided data, remains consistently at 0.00 across multiple reporting dates, including August 31, 2022; May 31, 2023; August 31, 2023; May 31, 2024; and May 31, 2025. This uniformity indicates that the company has not reported any debt financing during these periods and suggests a financial structure that is entirely equity-based, with no reliance on debt capital. Such a pattern is relatively uncommon and could reflect a strategic choice to operate without leverage or may point to the absence of traditional debt obligations based on the current available data. Consequently, the company’s financial stance appears to be characterized by a lack of leverage, implying lower financial risk associated with debt but potentially also indicating limitations in capital structure flexibility or growth financing options.
Peer comparison
May 31, 2025