Debt to Equity Ratio Analysis of Worthington Industries Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - May-23
Very Good Debt to Equity
0.416
Period Ending - May-22
Good Debt to Equity
0.511
Growth
-18.56 %
Most recent Quarter Debt to Equity
Period Ending - Feb-24
Very Good Debt to Equity
0.333
Debt to Equity Analysis of Worthington Industries Inc
| Debt to Equity Ratio 0.416 of Worthington Industries Inc indicates to run a business company uses lower amount of long-term debt. |
| Debt to Equity Ratio of WOR has fallen by -18.56 % Compared to previous Financial Year. |
| Debt to Equity Ratio with value of 0.901 was highest in Year May-19 in last Five Years. |
| Debt to Equity Ratio of WOR trending down for at least three Years. |
| Latest Debt to Equity Ratio with value of 0.416 is lower than Average Debt to Equity of 0.642 in last five years. |
Other Debt to Equity Related Info of WOR that may interest you.
Worthington Industries Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| WOR | 57.03 | 56.57 | 0.813 % | Metal Fabrication |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Good Stability | |
FY - Historical Debt to Equity Ratio of Worthington Industries Inc
| Period | May-23 | May-22 | May-21 | May-20 | May-19 | May-18 | May-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.416 | 0.511 | 0.515 | 0.866 | 0.901 | 0.817 | 0.608 |
| Change | -18.56 % | -0.885 % | -40.47 % | -3.97 % | 10.37 % | 34.32 % | -17.33 % |
FY Chart of Debt to Equity Ratio of Worthington Industries Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)