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Worthington Steel (Worthington Steel) Debt-to-Revenue : 0.07 (As of Feb. 2024)


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What is Worthington Steel Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Worthington Steel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $154 Mil. Worthington Steel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $68 Mil. Worthington Steel's annualized Revenue for the quarter that ended in Feb. 2024 was $3,223 Mil. Worthington Steel's annualized Debt-to-Revenue for the quarter that ended in Feb. 2024 was 0.07.

Worthington Steel Debt-to-Revenue Historical Data

The historical data trend for Worthington Steel's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Worthington Steel Debt-to-Revenue Chart

Worthington Steel Annual Data
Trend May21 May22 May23
Debt-to-Revenue
- 0.04 0.03

Worthington Steel Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only - 0.03 0.06 0.08 0.07

Competitive Comparison of Worthington Steel's Debt-to-Revenue

For the Steel subindustry, Worthington Steel's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Worthington Steel's Debt-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Worthington Steel's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Worthington Steel's Debt-to-Revenue falls into.


Worthington Steel Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Worthington Steel's Debt-to-Revenue for the fiscal year that ended in May. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(28.739 + 71.656) / 3611.587
=0.03

Worthington Steel's annualized Debt-to-Revenue for the quarter that ended in Feb. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(153.9 + 68.4) / 3223.2
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Feb. 2024) Revenue data.

Worthington Steel Debt-to-Revenue Related Terms

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Worthington Steel (Worthington Steel) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Worthington Steel Inc (NYSE:WS) » Definitions » Debt-to-Revenue
Comparable Companies
Traded in Other Exchanges
Z2J:Germany
Address
100 Old Wilson Bridge Road, Columbus, OH, USA, 43085
Website
https://www.worthingtonindustries.com
Worthington Steel Inc is one of North America's premier value-added steel processors with the ability to provide a diversified range of products and services that span a variety of end markets. It maintains market-leading positions in the North American carbon flat-rolled steel and tailor-welded blanks industries.

Worthington Steel (Worthington Steel) Headlines

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