Worthington Steel Inc (WS)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,074,100 | 1,012,300 | 1,010,800 | 1,009,100 | 985,300 | 937,600 | 1,040,300 | 983,697 | 1,028,960 | 1,028,960 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,074,100K)
= 0.00
The analysis of Worthington Steel Inc.'s debt-to-capital ratio over the observed period indicates a consistent pattern, with the ratio remaining at 0.00 for each reported date. This suggests that the company has not reported any debt relative to its total capital during this timeframe. Consequently, the company appears to maintain a net zero leverage position, relying entirely on equity for its capital structure without the presence of debt financing. This structural characteristic implies a conservative financial stance, potentially minimizing financial risk associated with debt obligations. However, it may also limit financial flexibility for growth opportunities that typically leverage debt financing. Overall, the sustained absence of reported debt indicates a debt-free capital structure through February 2025 according to the available data.
Peer comparison
May 31, 2025