WOR (Worthington Enterprises) Debt-to-Asset : 0.20 (As of Aug. 2024)

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What is Worthington Enterprises Debt-to-Asset?

Worthington Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $7 Mil. Worthington Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $320 Mil. Worthington Enterprises's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Aug. 2024 was $1,645 Mil. Worthington Enterprises's debt to asset for the quarter that ended in Aug. 2024 was 0.20.

Worthington Enterprises Debt-to-Asset Historical Data

The historical data trend for Worthington Enterprises's Debt-to-Asset 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.

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Worthington Enterprises Debt-to-Asset Chart

Worthington Enterprises Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Debt-to-Asset

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0.32

0.22

0.23

0.20

0.19

Worthington Enterprises Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Debt-to-Asset	Get a 7-Day Free Trial															0.16	0.20	0.19	0.19	0.20

Competitive Comparison of Worthington Enterprises's Debt-to-Asset

For the Metal Fabrication subindustry, Worthington Enterprises's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Enterprises's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Worthington Enterprises's Debt-to-Asset distribution charts can be found below:

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

Worthington Enterprises Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Worthington Enterprises's Debt-to-Asset for the fiscal year that ended in May. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(6.228	+	310.951)	/	1638.637
	=	0.19

Worthington Enterprises's Debt-to-Asset for the quarter that ended in Aug. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(7.353	+	320.175)	/	1645.271
	=	0.20

Worthington Enterprises (NYSE:WOR) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Worthington Enterprises Debt-to-Asset Related Terms

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Worthington Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Worthington Enterprises Inc (NYSE:WOR) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

WTH:Germany WTH:Germany

Address

200 Old Wilson Bridge Road, Columbus, OH, USA, 43085

Website

https://www.worthingtonindustries.com

Worthington Enterprises Inc is a designer and manufacturer of products sold to consumers, through retail channels, in the tools, outdoor living and celebrations market categories as well as a wide array of specialized building products that serve customers in the residential and non-residential construction markets, including ceiling suspension systems and light gauge metal framing products, as well as wholly-owned and consolidated operations that produce pressurized containment solutions for heating, cooking and cooling applications, among others. It operates under two reportable operating segments: Consumer Products and Building Products. It derives majority of the revenue from Building Products segment.

Executives

Joseph B Hayek	officer: VP Mergers & Acquisitions	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Horton Ozey K Jr	director	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
B Andrew Rose	officer: CFO	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Michael J Endres	director	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Kerrii B Anderson	director	WENDY'S INTERNATIONAL, INC, 4288 WEST DUBLIN-GRANVILLE RD., DUBLIN OH 43017
Geoffrey G Gilmore	officer: President, Worthington Steel	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Eric M Smolenski	officer: VP-HUMAN RESOURCES	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Catherine M Lyttle	officer: Vice President-Communications	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Jeffrey R Klingler	officer: President, Worthington Steel	200 OLD WILSON BRIDGE RD, COLUMBUS OH 43085
Mcconnell John P/oh	director, officer: Chairman/Chief Exec Officer	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Mcconnell John H Ii	director	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Patrick J. Kennedy	officer: VP-General Counsel & Secy	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
David P Blom	director	200 OLD WILSON BRIDGE RD, COLUMBUS OH 43085
Sidney A Ribeau	director
Steven R Witt	officer: Controller	WORTHINGTON INDUSTRIES, INC, 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085