Worthington Steel Inc (WS)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,074,100K
= 0.00
The debt-to-equity ratio for Worthington Steel Inc. has consistently remained at zero across all reported dates from February 28, 2023, through May 31, 2025. This persistent ratio indicates that the company has not reported any debt liabilities relative to its shareholders' equity during this period. Such a maintained zero debt-to-equity ratio suggests that Worthington Steel Inc. operates entirely on equity financing, with no long-term or short-term debt recorded in its financial statements. This financial position reflects a conservative capital structure, potentially implying a low financial leverage, reduced financial risk, and possibly greater financial stability. However, it might also suggest limited access to debt-based financing or a strategic decision to avoid leveraging debt. Overall, the company's debt management approach appears to be one of minimal or zero leverage during the analyzed timeframe.
Peer comparison
May 31, 2025