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Worthington Steel, Inc. (WS)

Worthington Steel, Inc. (WS)

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Balance Sheets Overview

Current Ratio
145.64%
Quick Ratio
92.06%
Cash Ratio
10.90%
Debt to Asset Ratio
43.93%
Unit: Thousand (K) dollars
Assets Breakdown
    • Machinery and equipment
    • Less accumulated depreciation
    • Receivables, less allowances of ...
    • Others
Liabilities Breakdown
    • Additional paid-in capital (apic...
    • Accounts payable
    • Short-term borrowings
    • Others
Balance Sheets
2026-05-31
Cash and cash equivalents
84,600
Restricted cash
0
Receivables, less allowances of 1.1 and 3.8, respectively
496,200
Raw materials
168,500
Work in process
145,900
Finished products
101,300
Total inventories
415,700
Income taxes receivable
14,300
Assets held for sale
9,100
Prepaid expenses and other current assets
110,000
Total current assets
1,129,900
Investment in unconsolidated affiliate
123,400
Operating lease right-of-use assets
77,800
Finance lease right-of-use assets, net of accumulated amortization of 4.4 and , respectively
7,500
Goodwill
44,500
Other intangible assets, net of accumulated amortization of 65.9 and 50.3, respectively
77,300
Deferred income taxes
12,700
Equity securities
122,200
Other assets
7,800
Land
57,200
Buildings and improvements
272,500
Machinery and equipment
1,065,000
Construction in progress
105,900
Total property, plant and equipment
1,500,600
Less accumulated depreciation
851,300
Total property, plant and equipment, net
649,300
Total assets
2,252,400
Accounts payable
424,000
Short-term borrowings
185,400
Accrued compensation, contributions to employee benefit plans and related taxes
60,000
Dividends payable
9,200
Other accrued items
56,200
Current operating lease liabilities
10,400
Current finance lease liabilities
2,900
Income taxes payable
700
Current maturities of long-term debt
27,000
Total current liabilities
775,800
Other liabilities
51,500
Long-term debt
44,400
Noncurrent operating lease liabilities
78,700
Noncurrent finance lease liabilities
5,500
Deferred income taxes
33,600
Total liabilities
989,500
Redeemable noncontrolling interest (redeemable nci)
65,300
Total mezzanine equity
65,300
Additional paid-in capital (apic)
919,400
Retained earnings
140,000
Accumulated other comprehensive income (loss), net of taxes of (2.3) and (2.0), respectively
3,900
Total shareholders' equity - controlling interest
1,063,300
Noncontrolling interests (nci)
134,300
Total equity
1,197,600
Total liabilities, mezzanine equity and equity
2,252,400
Unit: Thousand (K) dollars (except for numbers of shares and EPS).

Time Plot

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Balance Sheets

Raw materials$168,500K Work in process$145,900K Finished products$101,300K Machinery and equipment$1,065,000K Buildings andimprovements$272,500K Construction in progress$105,900K Land$57,200K Receivables, less allowancesof 1.1 and 3.8,...$496,200K Total inventories$415,700K Prepaid expenses andother current assets$110,000K Cash and cashequivalents$84,600K Income taxesreceivable$14,300K Assets held for sale$9,100K Total property, plantand equipment$1,500,600K Total current assets$1,129,900K Total property, plantand equipment, net$649,300K Investment inunconsolidated affiliate$123,400K Equity securities$122,200K Operating leaseright-of-use assets$77,800K Other intangibleassets, net of...$77,300K Goodwill$44,500K Deferred income taxes$12,700K Other assets$7,800K Finance leaseright-of-use assets, net of...$7,500K Less accumulateddepreciation$851,300K Total assets$2,252,400K Total liabilities,mezzanine equity and...$2,252,400K Total equity$1,197,600K Total liabilities$989,500K Total mezzanineequity$65,300K Total shareholders'equity - controlling...$1,063,300K Noncontrolling interests (nci)$134,300K Total currentliabilities$775,800K Noncurrent operating leaseliabilities$78,700K Other liabilities$51,500K Long-term debt$44,400K Deferred income taxes$33,600K Noncurrent finance leaseliabilities$5,500K Redeemable noncontrollinginterest (redeemable...$65,300K Additional paid-in capital(apic)$919,400K Retained earnings$140,000K Accumulated othercomprehensive income (loss),...$3,900K Accounts payable$424,000K Short-term borrowings$185,400K Accrued compensation,contributions to employee...$60,000K Other accrued items$56,200K Current maturities oflong-term debt$27,000K Current operating leaseliabilities$10,400K Dividends payable$9,200K Current finance leaseliabilities$2,900K Income taxes payable$700K