Worthington Steel (FRA:Z2J) Debt-to-Equity : 0.19 (As of Feb. 2025)

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What is Worthington Steel Debt-to-Equity?

Worthington Steel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2025 was €113 Mil. Worthington Steel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2025 was €69 Mil. Worthington Steel's Total Stockholders Equity for the quarter that ended in Feb. 2025 was €972 Mil. Worthington Steel's debt to equity for the quarter that ended in Feb. 2025 was 0.19.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Worthington Steel's Debt-to-Equity or its related term are showing as below:

FRA:Z2J' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.19 Max: 0.26
Current: 0.19

During the past 4 years, the highest Debt-to-Equity Ratio of Worthington Steel was 0.26. The lowest was 0.01. And the median was 0.19.

FRA:Z2J's Debt-to-Equity is ranked better than
73.07% of 557 companies
in the Steel industry
Industry Median: 0.43 vs FRA:Z2J: 0.19

Worthington Steel Debt-to-Equity Historical Data

The historical data trend for Worthington Steel's Debt-to-Equity 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 Steel Debt-to-Equity Chart

Worthington Steel Annual Data

Trend

May21

May22

May23

May24

Debt-to-Equity

0.01

0.14

0.10

0.23

Worthington Steel Quarterly Data
	May21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Debt-to-Equity	Get a 7-Day Free Trial								0.24	0.23	0.19	0.19	0.19

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

For the Steel subindustry, Worthington Steel's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity Distribution in the Steel Industry

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

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

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Worthington Steel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Worthington Steel's Debt to Equity Ratio for the fiscal year that ended in May. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(143.93	+	63.177)	/	911.402
	=	0.23

Worthington Steel's Debt to Equity Ratio for the quarter that ended in Feb. 2025 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(112.704	+	68.928)	/	971.808
	=	0.19

Worthington Steel (FRA:Z2J) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Worthington Steel Debt-to-Equity Related Terms

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Worthington Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Worthington Steel Inc (FRA:Z2J) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WS:USA

Address

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

Website

https://www.worthingtonsteel.com

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.

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