Worthington Operating Margin vs Direct Expenses Analysis
WOR Stock | USD 59.00 0.12 0.20% |
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.
Worthington |
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 05/12/2024, 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. Add Fundamental
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.At this time, Worthington Industries' Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 05/12/2024, 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 Profit | 714.8M | 663.3M | 762.8M | 385.2M | Total Revenue | 5.2B | 4.9B | 5.7B | 5.9B |
Worthington Industries fundamental ratios Correlations
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Worthington Industries Account Relationship Matchups
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Worthington Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3B | 3.4B | 3.6B | 3.7B | 4.2B | 4.4B | |
Short Long Term Debt Total | 736.3M | 747.8M | 844.4M | 795.4M | 914.7M | 960.4M | |
Other Current Liab | 130.2M | 210.1M | 88.8M | 173.0M | 198.9M | 100.3M | |
Total Current Liabilities | 388.2M | 787.9M | 932.3M | 717.6M | 825.2M | 440.7M | |
Total Stockholder Equity | 820.8M | 1.4B | 1.5B | 1.7B | 2.0B | 2.0B | |
Property Plant And Equipment Net | 604.2M | 550.1M | 795.1M | 775.6M | 892.0M | 575.1M | |
Net Debt | 589.1M | 107.5M | 809.9M | 340.4M | 391.5M | 340.7M | |
Retained Earnings | 572.3M | 1.1B | 1.2B | 1.4B | 1.6B | 1.7B | |
Cash | 147.2M | 640.3M | 34.5M | 454.9M | 523.2M | 549.3M | |
Non Current Assets Total | 1.3B | 1.4B | 1.9B | 1.8B | 2.0B | 2.2B | |
Non Currrent Assets Other | (37.0M) | (83.2M) | (80.7M) | (76.1M) | (68.5M) | (65.1M) | |
Cash And Short Term Investments | 147.2M | 640.3M | 34.5M | 454.9M | 523.2M | 549.3M | |
Net Receivables | 349.4M | 641.9M | 878.0M | 697.1M | 801.6M | 841.7M | |
Common Stock Shares Outstanding | 56.0M | 53.9M | 51.0M | 49.4M | 44.4M | 64.2M | |
Liabilities And Stockholders Equity | 2.3B | 3.4B | 3.6B | 3.7B | 4.2B | 4.4B | |
Non Current Liabilities Total | 976.8M | 1.0B | 1.1B | 1.1B | 1.3B | 1.3B | |
Inventory | 405.1M | 564.8M | 759.1M | 608.0M | 699.2M | 355.0M | |
Other Current Assets | 68.5M | 69.0M | 93.7M | 105.0M | 120.7M | 126.7M | |
Other Stockholder Equity | 283.8M | 282.8M | 273.4M | 290.8M | 334.4M | 262.8M | |
Total Liab | 1.4B | 1.8B | 2.0B | 1.8B | 2.1B | 2.2B | |
Property Plant And Equipment Gross | 604.2M | 550.1M | 1.6B | 1.8B | 2.0B | 2.1B | |
Total Current Assets | 983.2M | 2.0B | 1.8B | 1.9B | 2.1B | 2.3B | |
Accumulated Other Comprehensive Income | (35.2M) | 45.4M | (22.9M) | (23.2M) | (26.7M) | (28.0M) | |
Short Term Debt | 11M | 10.4M | 59.9M | 15.7M | 18.0M | 17.1M | |
Accounts Payable | 247.0M | 567.4M | 668.4M | 528.9M | 608.3M | 638.7M | |
Good Will | 321.4M | 351.1M | 401.5M | 414.8M | 477.0M | 500.9M | |
Intangible Assets | 184.4M | 240.4M | 299.0M | 314.2M | 361.4M | 379.4M | |
Other Liab | 247.9M | 296.2M | 312.3M | 332.0M | 381.8M | 400.9M | |
Other Assets | 1K | 30.6M | 34.4M | 25.3M | 22.8M | 21.3M | |
Long Term Debt | 699.5M | 710.0M | 696.3M | 689.7M | 793.2M | 468.1M | |
Property Plant Equipment | 572.6M | 550.1M | 795.1M | 775.6M | 698.1M | 477.9M | |
Common Stock | 820.8M | 1.4B | 1.5B | 1.7B | 2.0B | 2.0B | |
Net Tangible Assets | 315.0M | 806.8M | 780.3M | 967.0M | 1.1B | 586.6M | |
Noncontrolling Interest In Consolidated Entity | 117.1M | 145.6M | 153.5M | 133.2M | 153.2M | 114.0M | |
Retained Earnings Total Equity | 591.5M | 572.3M | 1.1B | 1.2B | 1.4B | 736.2M | |
Long Term Debt Total | 699.5M | 710.0M | 696.3M | 689.7M | 793.2M | 621.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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When running Worthington Industries' price analysis, check to measure Worthington Industries' 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 Industries is operating at the current time. Most of Worthington Industries' value examination focuses on studying past and present price action to predict the probability of Worthington Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Industries' price. Additionally, you may evaluate how the addition of Worthington Industries to your portfolios can decrease your overall portfolio volatility.
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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 4.99 | Revenue Per Share 97.839 | Quarterly Revenue Growth (0.09) |
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.