Worthington Steel Inc (WS) - Total Assets
Based on the latest financial reports, Worthington Steel Inc (WS) holds total assets worth $2.32 Billion USD as of February 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore cash flow to debt ratio of Worthington Steel Inc to assess how comfortably operating cash covers total debt obligations.
Worthington Steel Inc - Total Assets Trend (2021–2025)
This chart illustrates how Worthington Steel Inc's total assets have evolved over time, based on quarterly financial data. See WS net asset value for net asset value and shareholders' equity analysis.
Worthington Steel Inc - Asset Composition Analysis
Current Asset Composition (May 2025)
Worthington Steel Inc's total assets of $2.32 Billion consist of 53.5% current assets and 46.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $38.00 Million | 1.9% |
| Accounts Receivable | $438.80 Million | 22.4% |
| Inventory | $422.00 Million | 21.5% |
| Property, Plant & Equipment | $620.80 Million | 31.6% |
| Intangible Assets | $67.90 Million | 3.5% |
| Goodwill | $79.60 Million | 4.1% |
Asset Composition Trend (2021–2025)
This chart illustrates how Worthington Steel Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market value of Worthington Steel Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Worthington Steel Inc's current assets represent 53.5% of total assets in 2025, a decrease from 68.8% in 2021.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2025, up from 1.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 2.0% in 2021.
- Asset Diversification: The largest asset category is property, plant & equipment at 31.6% of total assets.
Worthington Steel Inc Competitors by Total Assets
Key competitors of Worthington Steel Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203
|
China | CN¥17.05 Billion |
|
Beijing Shougang Co Ltd
SHE:000959
|
China | CN¥129.51 Billion |
|
Sims Ltd
AU:SGM
|
Australia | AU$4.34 Billion |
|
Yongxing Special Stainless Steel Co Ltd
SHE:002756
|
China | CN¥15.11 Billion |
|
Jiangsu Toland Alloy Co Ltd
SHE:300855
|
China | CN¥3.44 Billion |
|
Gerdau SA ADR
NYSE:GGB
|
USA | $81.05 Billion |
|
NMDC Steel Limited
NSE:NSLNISP
|
India | Rs278.81 Billion |
|
Feng Hsin Steel Co Ltd
TW:2015
|
Taiwan | NT$24.78 Billion |
Worthington Steel Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.48 | 1.75 | 2.05 |
| Quick Ratio | 0.90 | 1.09 | 1.18 |
| Cash Ratio | 0.12 | 0.12 | 0.00 |
| Working Capital | $360.90 Million | $391.60 Million | $502.50 Million |
Worthington Steel Inc - Advanced Valuation Insights
This section examines the relationship between Worthington Steel Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.90 |
| Latest Market Cap to Assets Ratio | 0.93 |
| Asset Growth Rate (YoY) | 5.1% |
| Total Assets | $1.96 Billion |
| Market Capitalization | $1.82 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Worthington Steel Inc's assets close to their book value (0.93x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: Worthington Steel Inc's assets grew by 5.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Worthington Steel Inc (2021–2025)
The table below shows the annual total assets of Worthington Steel Inc from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-05-31 | $1.96 Billion | +5.11% |
| 2024-05-31 | $1.87 Billion | +5.78% |
| 2023-05-31 | $1.76 Billion | -15.34% |
| 2022-05-31 | $2.08 Billion | +52.49% |
| 2021-05-31 | $1.37 Billion | -- |
About Worthington Steel Inc
Worthington Steel, Inc. operates as a steel processor in North America. The company offers carbon flat-rolled steel and tailor welded blanks, as well as automotive and electrical steel lamination stampings; and aluminum tailor welded blanks. It also offers warehousing, logistics, and materials management services. It serves automotive, construction, machinery and equipment, heavy truck, agricultu… Read more