Worthington Steel Inc (WS)
Debt-to-equity 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-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 ÷ $1,074,100K
= 0.00
The debt-to-equity ratio for Worthington Steel Inc. demonstrates a consistent pattern across the analyzed periods. As of August 31, 2022, May 31, 2023, August 31, 2023, May 31, 2024, and May 31, 2025, the ratio remains at 0.00. This indicates that the company has maintained a capital structure devoid of debt relative to shareholders' equity over this duration. Such a stable and zero-level debt-to-equity ratio suggests that Worthington Steel Inc. has relied entirely on equity financing and has not engaged in leveraging through borrowed capital during these periods. This financial stance typically reflects a conservative approach to leverage, potentially resulting in lower financial risk but also possibly limiting growth opportunities that might be financed through debt.
Peer comparison
May 31, 2025