Worthington Historical Balance Sheet
| WS Stock | 44.06 0.97 2.15% |
Trend analysis of Worthington Steel balance sheet accounts such as Total Assets of 1.9 B, Short Long Term Debt Total of 133.7 M or Other Current Liabilities of 47.3 M provides information on Worthington Steel's total assets, liabilities, and equity, which is the actual value of Worthington Steel to its prevalent stockholders. By breaking down trends over time using Worthington Steel balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Worthington Steel latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Worthington Steel is a good buy for the upcoming year.
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About Worthington Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Worthington Steel at a specified time, usually calculated after every quarter, six months, or one year. Worthington Steel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Worthington Steel and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Worthington currently owns. An asset can also be divided into two categories, current and non-current.
Worthington Steel Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Worthington Steel assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Worthington Steel books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Worthington Steel balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Worthington Steel are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Worthington Steel balance sheet. This account contains Worthington Steel investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Worthington Steel fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most accounts from Worthington Steel's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Worthington Steel current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worthington Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Worthington Stock please use our How to Invest in Worthington Steel guide.At this time, Worthington Steel's Net Working Capital is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 171.4 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 47.3 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 153.9M | 100.4M | 223.9M | 133.7M | Total Assets | 2.1B | 1.8B | 1.9B | 1.9B |
Worthington Steel balance sheet Correlations
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Additional Tools for Worthington Stock Analysis
When running Worthington Steel's price analysis, check to measure Worthington Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worthington Steel is operating at the current time. Most of Worthington Steel's value examination focuses on studying past and present price action to predict the probability of Worthington Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Steel's price. Additionally, you may evaluate how the addition of Worthington Steel to your portfolios can decrease your overall portfolio volatility.