Worthington Steel Inc (WS) — Working Capital to Net Assets Ratio
Worthington Steel Inc (WS) has a Working Capital to Net Assets ratio of 26.6% as of February 2026. Working capital of $360.90 Million (current assets of $1.11 Billion minus current liabilities of $745.60 Million) is measured against net assets of $1.36 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Worthington Steel Inc to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Worthington Steel Inc Working Capital to Net Assets (2021–2025)
This chart shows how Worthington Steel Inc's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of February 2026, the ratio stands at 26.6%, reflecting working capital of $360.90 Million against net assets of $1.36 Billion USD. Check Worthington Steel Inc (WS) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Worthington Steel Inc (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Worthington Steel Inc from 2021 to 2025, covering 5 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Worthington Steel Inc stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 34.8% | $417.00 Million | $1.20 Billion | $1.05 Billion | $631.50 Million | ▲ +0.5 pp |
| 2024 | 34.3% | $383.40 Million | $1.12 Billion | $1.00 Billion | $618.40 Million | ▼ -9.2 pp |
| 2023 | 43.5% | $502.50 Million | $1.15 Billion | $980.90 Million | $478.40 Million | ▼ -4.6 pp |
| 2022 | 48.1% | $609.15 Million | $1.27 Billion | $1.27 Billion | $657.95 Million | ▼ -5.2 pp |
| 2021 | 53.3% | $434.02 Million | $814.83 Million | $940.12 Million | $506.10 Million | — |