Worthington SteelWS -0.03%54 Cash Ratio is 0.11 as of May. 2026, which is 57% above its 10-year median of 0.07. GuruFocus rates WS with a GF Score™ of 54/100 and a GF Value™ of $33.77 (Fairly Valued). The stock has 10 warning signs investors should review. Among 615 Steel companies, Worthington Steel ranks worse than 73.66% on this metric.
Worthington Steel has a Cash Ratio of 0.11. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Worthington Steel's Cash Ratio or its related term are showing as below:
WS'
s Cash Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.07 Max: 0.11
Current: 0.11
During the past 6 years, Worthington Steel's highest Cash Ratio was 0.11. The lowest was 0.03. And the median was 0.07.
WS's Cash Ratio is ranked worse than 73.66% of 615
companies
in the Steel industry
Industry Median: 0.28
vs WS: 0.11
Worthington Steel (NYSE:WS) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Worthington Steel Cash Ratio Related Terms
Worthington Steel Cash Ratio Historical Data
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The historical data trend for Worthington Steel's Cash Ratio 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.
For the Steel subindustry, Worthington Steel's Cash Ratio, along with its competitors' market caps and Cash Ratio 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 Cash Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Worthington Steel's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Worthington Steel's Cash Ratio falls into.
* 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.
Worthington Steel (WS) has a Cash Ratio of 0.11 as of May. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Worthington Steel and its competitors. This is 57% above median its historical median of 0.07. Over the past decade, Worthington Steel's Cash Ratio has ranged from 0.03 to 0.11. According to the industry distribution chart, Worthington Steel ranks #453 out of 615 companies in the Steel industry, placing it in the top 73.7%.
Is Worthington Steel's Cash Ratio too high?
Worthington Steel's current Cash Ratio of 0.11 is 57% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.11. The Steel industry median Cash Ratio is 0.28. Worthington Steel's value of 0.11 is 60.7% below this industry median. Based on the distribution chart, Worthington Steel ranks #453 out of 615 companies in the Steel industry, which is below the industry midpoint. Overall, Worthington Steel has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Worthington Steel's Cash Ratio compare to NWPX and MTUS?
According to the Steel industry distribution chart, Worthington Steel ranks #453 out of 615 companies for Cash Ratio. This places Worthington Steel in the lower half of its industry. The industry median Cash Ratio is 0.28. Worthington Steel's value of 0.11 is 60.7% below this benchmark. Historically, Worthington Steel's own Cash Ratio has ranged from 0.03 to 0.11 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.28, Worthington Steel has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Steel company?
The median Cash Ratio among Steel companies is 0.28, based on 615 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Worthington Steel's current Cash Ratio of 0.11 is 60.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Worthington Steel and its competitors. For the Steel industry, the median Cash Ratio is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Worthington Steel's current Cash Ratio is 0.11, which is 57% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Worthington Steel stock overvalued right now?
Based on GuruFocus' analysis, Worthington Steel (WS) is currently considered Fairly Valued. The stock's GF Value™ is $33.77, compared to a current price of $32.15 — trading 4.8% below its estimated fair value. The current Cash Ratio is 0.11, which is 57% above median its 10-year median of 0.07 and 60.7% below the Steel industry median of 0.28. Worthington Steel's overall GF Score™ is 54/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Worthington Steel (WS), the current Cash Ratio is 0.11 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Worthington Steel (WS) Overvalued in 2026?
Based on GuruFocus' analysis, Worthington Steel stock appears to be undervalued.
The current stock price of $32.15 is trading 4.8% below its estimated GF Value™ of $33.77.
GuruFocus considers Worthington Steel to be Fairly Valued.
Key valuation signals for WS:
Cash Ratio: 0.11 (57% above median its 10-year median of 0.07)
GF Value™: $33.77 vs. price of $32.15 (4.8% below fair value)
Industry Position: 60.7% below the Steel median (#453 of 615)
No single metric tells the full story. See the WS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.
54GF Score
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