Worthington Earnings before Tax vs Direct Expenses Analysis

WOR Stock  USD 62.42  0.46  0.74%   
Trend analysis of Worthington Industries balance sheet accounts such as Total Assets of 4.4 B, Short Long Term Debt Total of 960.4 M, Other Current Liabilities of 100.3 M or Total Current Liabilities of 440.7 M provides information on Worthington Industries' total assets, liabilities, and equity, which is the actual value of Worthington Industries to its prevalent stockholders. By breaking down trends over time using Worthington Industries 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.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worthington Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Worthington Stock, please use our How to Invest in Worthington Industries guide.

About Worthington Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Worthington Industries at a specified time, usually calculated after every quarter, six months, or one year. Worthington Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Worthington Industries 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 Industries Balance Sheet Chart

Worthington Industries Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Worthington Industries uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Worthington Industries' Net Receivables is relatively stable compared to the past year. As of 03/28/2024, Common Stock Shares Outstanding is likely to grow to about 64.2 M, while Total Current Liabilities is likely to drop slightly above 440.7 M.

Total Assets

Total assets refers to the total amount of Worthington Industries 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 Industries 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 Industries 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 Industries 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.
Most indicators from Worthington Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Worthington Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Worthington Stock, please use our How to Invest in Worthington Industries guide.As of 03/28/2024, Enterprise Value Multiple is likely to grow to 6.55, while Selling General Administrative is likely to drop slightly above 252.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit714.8M663.3M762.8M385.2M
Total Revenue5.2B4.9B5.7B5.9B

Worthington Industries fundamental ratios Correlations

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0.920.340.70.820.840.430.780.540.95-0.610.540.88-0.850.960.750.890.760.970.720.86-0.120.850.930.810.88
0.350.340.460.310.4-0.260.270.610.26-0.230.610.25-0.540.380.430.280.560.360.090.42-0.260.350.360.270.34
0.680.70.460.570.760.40.550.320.65-0.680.320.76-0.790.620.940.570.540.750.450.680.180.760.60.560.62
0.970.820.310.570.77-0.031.00.790.94-0.670.790.92-0.750.90.690.950.540.910.930.97-0.310.910.920.930.93
0.830.840.40.760.770.410.750.440.87-0.510.440.82-0.950.850.880.840.810.840.750.76-0.230.790.840.730.79
0.140.43-0.260.4-0.030.41-0.05-0.520.29-0.09-0.520.26-0.330.250.390.170.350.280.070.00.340.150.210.090.12
0.960.780.270.551.00.75-0.050.780.92-0.670.780.9-0.710.870.670.950.470.880.950.96-0.290.890.90.940.92
0.740.540.610.320.790.44-0.520.780.61-0.51.00.58-0.530.670.380.670.410.650.60.82-0.430.660.680.680.72
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0.960.880.250.760.920.820.260.90.580.94-0.650.58-0.770.890.810.90.610.960.850.94-0.190.980.90.870.87
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0.960.960.380.620.90.850.250.870.670.97-0.620.670.89-0.860.740.950.750.970.810.92-0.330.890.990.90.94
0.770.750.430.940.690.880.390.670.380.76-0.720.380.81-0.890.740.70.60.810.610.74-0.010.80.730.710.74
0.970.890.280.570.950.840.170.950.670.98-0.590.670.9-0.810.950.70.620.930.930.92-0.280.880.970.930.97
0.640.760.560.540.540.810.350.470.410.68-0.190.410.61-0.80.750.60.620.680.410.58-0.390.590.70.450.56
0.980.970.360.750.910.840.280.880.650.97-0.710.650.96-0.860.970.810.930.680.80.95-0.170.950.960.90.94
0.880.720.090.450.930.750.070.950.60.89-0.540.60.85-0.640.810.610.930.410.80.85-0.280.810.860.910.86
0.980.860.420.680.970.760.00.960.820.92-0.70.820.94-0.780.920.740.920.580.950.85-0.270.950.930.910.93
-0.25-0.12-0.260.18-0.31-0.230.34-0.29-0.43-0.23-0.16-0.43-0.190.2-0.33-0.01-0.28-0.39-0.17-0.28-0.27-0.28-0.35-0.29-0.24
0.950.850.350.760.910.790.150.890.660.91-0.670.660.98-0.780.890.80.880.590.950.810.95-0.280.910.880.89
0.970.930.360.60.920.840.210.90.680.98-0.620.680.9-0.830.990.730.970.70.960.860.93-0.350.910.940.96
0.930.810.270.560.930.730.090.940.680.92-0.730.680.87-0.720.90.710.930.450.90.910.91-0.290.880.940.95
0.960.880.340.620.930.790.120.920.720.95-0.710.720.87-0.840.940.740.970.560.940.860.93-0.240.890.960.95
Click cells to compare fundamentals

Worthington Industries Account Relationship Matchups

Worthington Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B3.4B3.6B3.7B4.2B4.4B
Short Long Term Debt Total736.3M747.8M844.4M795.4M914.7M960.4M
Other Current Liab130.2M210.1M88.8M173.0M198.9M100.3M
Total Current Liabilities388.2M787.9M932.3M717.6M825.2M440.7M
Total Stockholder Equity820.8M1.4B1.5B1.7B2.0B2.0B
Property Plant And Equipment Net604.2M550.1M795.1M775.6M892.0M575.1M
Net Debt589.1M107.5M809.9M340.4M391.5M340.7M
Retained Earnings572.3M1.1B1.2B1.4B1.6B1.7B
Cash147.2M640.3M34.5M454.9M523.2M549.3M
Non Current Assets Total1.3B1.4B1.9B1.8B2.0B2.2B
Non Currrent Assets Other(37.0M)(83.2M)(80.7M)(76.1M)(68.5M)(65.1M)
Cash And Short Term Investments147.2M640.3M34.5M454.9M523.2M549.3M
Net Receivables349.4M641.9M878.0M697.1M801.6M841.7M
Common Stock Shares Outstanding56.0M53.9M51.0M48.6M43.7M64.2M
Liabilities And Stockholders Equity2.3B3.4B3.6B3.7B4.2B4.4B
Non Current Liabilities Total976.8M1.0B1.1B1.1B1.3B1.3B
Inventory405.1M564.8M759.1M608.0M699.2M355.0M
Other Current Assets68.5M69.0M93.7M105.0M120.7M126.7M
Other Stockholder Equity283.8M282.8M273.4M290.8M334.4M262.8M
Total Liab1.4B1.8B2.0B1.8B2.1B2.2B
Property Plant And Equipment Gross604.2M550.1M1.6B1.8B2.0B2.1B
Total Current Assets983.2M2.0B1.8B1.9B2.1B2.3B
Accumulated Other Comprehensive Income(35.2M)45.4M(22.9M)(23.2M)(26.7M)(28.0M)
Short Term Debt11M10.4M59.9M15.7M18.0M17.1M
Accounts Payable247.0M567.4M668.4M528.9M608.3M638.7M
Good Will321.4M351.1M401.5M414.8M477.0M500.9M
Intangible Assets184.4M240.4M299.0M314.2M361.4M379.4M
Other Liab247.9M296.2M312.3M332.0M381.8M400.9M
Other Assets1K30.6M34.4M25.3M22.8M21.3M
Long Term Debt699.5M710.0M696.3M689.7M793.2M468.1M
Property Plant Equipment572.6M550.1M795.1M775.6M698.1M477.9M
Common Stock820.8M1.4B1.5B1.7B2.0B2.0B
Net Tangible Assets315.0M806.8M780.3M967.0M1.1B586.6M
Noncontrolling Interest In Consolidated Entity117.1M145.6M153.5M133.2M153.2M114.0M
Retained Earnings Total Equity591.5M572.3M1.1B1.2B1.4B736.2M
Long Term Debt Total699.5M710.0M696.3M689.7M793.2M621.3M

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When determining whether Worthington Industries is a strong investment it is important to analyze Worthington Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Worthington Industries' future performance. For an informed investment choice regarding Worthington Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worthington Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Worthington Stock, please use our How to Invest in Worthington Industries guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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Is Worthington Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Worthington Industries. If investors know Worthington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Worthington Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.53)
Dividend Share
1.11
Earnings Share
3.8
Revenue Per Share
97.839
Quarterly Revenue Growth
(0.71)
The market value of Worthington Industries is measured differently than its book value, which is the value of Worthington that is recorded on the company's balance sheet. Investors also form their own opinion of Worthington Industries' value that differs from its market value or its book value, called intrinsic value, which is Worthington Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Worthington Industries' market value can be influenced by many factors that don't directly affect Worthington Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Worthington Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Worthington Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Worthington Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.