WS (Worthington Steel) Interest Expense : $-9 Mil (TTM As of Feb. 2025)

View and export this data going back to 2023. Start your Free Trial

What is Worthington Steel Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Worthington Steel's interest expense for the three months ended in Feb. 2025 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2025 was $-9 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Worthington Steel's Operating Income for the three months ended in Feb. 2025 was $ 27 Mil. Worthington Steel's Interest Expense for the three months ended in Feb. 2025 was $ -1 Mil. Worthington Steel's Interest Coverage for the quarter that ended in Feb. 2025 was 19.00. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Worthington Steel Interest Expense Historical Data

The historical data trend for Worthington Steel's Interest Expense 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 Interest Expense Chart

Worthington Steel Annual Data

Trend

May21

May22

May23

May24

Interest Expense

-3.00

-6.00

Worthington Steel Quarterly Data
	May21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Interest Expense	Get a 7-Day Free Trial								-2.90	-2.40	-2.60	-2.10	-1.40

Worthington Steel Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9 Mil.

Worthington Steel (NYSE:WS) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Worthington Steel's Interest Expense for the three months ended in Feb. 2025 was $-1 Mil. Its Operating Income for the three months ended in Feb. 2025 was $27 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2025 was $72 Mil.

Worthington Steel's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2025 )	/	Interest Expense (Q: Feb. 2025 )
	=	-1	*	26.6	/	-1.4
	=	19.00

The higher the ratio, the stronger the company's financial strength is.

Worthington Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Worthington Steel Inc (NYSE:WS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

Z2J:Germany

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.