Worthington Total Assets Per Share vs Shareholders Equity Analysis

WOR Stock

USD 42.40 0.04 0.09%

Trend analysis of Worthington Industries balance sheet accounts such as Total Assets of 1.8 B, Short Long Term Debt Total of 421.3 M, Other Current Liabilities of 99.8 M or Total Current Liabilities of 169.5 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.

Cash Flow Balance Sheet Income Statement

Total Assets Non Current Assets Total

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 closely tied 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

At this time, Worthington Industries' Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/10/2024, Liabilities And Stockholders Equity is likely to grow to about 1.8 B, while Total Stockholder Equity is likely to drop slightly above 800.7 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

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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 closely tied 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' Tax Provision is relatively stable compared to the past year. As of 11/10/2024, Sales General And Administrative To Revenue is likely to grow to 0.21, while Issuance Of Capital Stock is likely to drop slightly above 5.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	714.8M	663.3M	285.9M	383.4M
Total Revenue	5.2B	4.9B	1.2B	1.2B

Gross Profit Total Revenue

Worthington Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Good Will	Intangible Assets	Other Liab
Total Assets		0.9	0.53	0.85	0.94	0.86	0.42	0.92	0.5	0.96	-0.72	0.5	0.94	-0.78	0.95	0.92	0.94	0.61	0.98	0.78	0.97	-0.06	0.91	0.88	0.8	0.51
Short Long Term Debt Total	0.9		0.56	0.85	0.72	0.91	0.7	0.67	0.23	0.91	-0.67	0.23	0.87	-0.65	0.93	0.89	0.85	0.63	0.96	0.58	0.83	0.11	0.84	0.78	0.6	0.29
Other Current Liab	0.53	0.56		0.53	0.41	0.48	0.07	0.37	0.61	0.37	-0.45	0.61	0.45	-0.2	0.53	0.46	0.39	0.31	0.55	0.1	0.62	-0.1	0.58	0.36	0.23	-0.04
Total Current Liabilities	0.85	0.85	0.53		0.7	0.84	0.62	0.69	0.19	0.78	-0.81	0.19	0.91	-0.46	0.75	0.96	0.72	0.3	0.9	0.57	0.85	0.34	0.94	0.61	0.54	0.11
Total Stockholder Equity	0.94	0.72	0.41	0.7		0.74	0.17	0.99	0.62	0.89	-0.64	0.62	0.84	-0.81	0.85	0.8	0.9	0.56	0.85	0.85	0.93	-0.18	0.8	0.85	0.85	0.61
Property Plant And Equipment Net	0.86	0.91	0.48	0.84	0.74		0.7	0.72	0.14	0.88	-0.66	0.14	0.87	-0.56	0.87	0.91	0.86	0.52	0.89	0.72	0.8	0.03	0.88	0.72	0.56	0.13
Net Debt	0.42	0.7	0.07	0.62	0.17	0.7		0.15	-0.53	0.55	-0.4	-0.53	0.55	-0.2	0.5	0.63	0.44	0.27	0.56	0.31	0.28	0.4	0.51	0.35	0.19	-0.17
Retained Earnings	0.92	0.67	0.37	0.69	0.99	0.72	0.15		0.59	0.86	-0.66	0.59	0.84	-0.75	0.8	0.8	0.89	0.45	0.82	0.89	0.91	-0.16	0.79	0.8	0.85	0.59
Cash	0.5	0.23	0.61	0.19	0.62	0.14	-0.53	0.59		0.33	-0.27	1.0	0.28	-0.49	0.43	0.22	0.4	0.37	0.37	0.25	0.61	-0.41	0.33	0.45	0.45	0.52
Non Current Assets Total	0.96	0.91	0.37	0.78	0.89	0.88	0.55	0.86	0.33		-0.64	0.33	0.89	-0.85	0.96	0.88	0.96	0.68	0.95	0.8	0.87	-0.05	0.83	0.92	0.81	0.55
Non Currrent Assets Other	-0.72	-0.67	-0.45	-0.81	-0.64	-0.66	-0.4	-0.66	-0.27	-0.64		-0.27	-0.69	0.34	-0.62	-0.84	-0.57	-0.03	-0.74	-0.49	-0.74	-0.34	-0.74	-0.49	-0.6	-0.11
Cash And Short Term Investments	0.5	0.23	0.61	0.19	0.62	0.14	-0.53	0.59	1.0	0.33	-0.27		0.28	-0.49	0.43	0.22	0.4	0.37	0.37	0.25	0.61	-0.41	0.33	0.45	0.45	0.52
Net Receivables	0.94	0.87	0.45	0.91	0.84	0.87	0.55	0.84	0.28	0.89	-0.69	0.28		-0.59	0.84	0.94	0.84	0.48	0.94	0.76	0.92	0.04	0.95	0.73	0.67	0.31
Common Stock Shares Outstanding	-0.78	-0.65	-0.2	-0.46	-0.81	-0.56	-0.2	-0.75	-0.49	-0.85	0.34	-0.49	-0.59		-0.82	-0.57	-0.86	-0.77	-0.73	-0.64	-0.69	0.2	-0.53	-0.92	-0.81	-0.83
Non Current Liabilities Total	0.95	0.93	0.53	0.75	0.85	0.87	0.5	0.8	0.43	0.96	-0.62	0.43	0.84	-0.82		0.85	0.93	0.74	0.95	0.68	0.88	-0.17	0.83	0.93	0.78	0.5
Inventory	0.92	0.89	0.46	0.96	0.8	0.91	0.63	0.8	0.22	0.88	-0.84	0.22	0.94	-0.57	0.85		0.84	0.35	0.94	0.72	0.89	0.18	0.95	0.73	0.69	0.23
Other Current Assets	0.94	0.85	0.39	0.72	0.9	0.86	0.44	0.89	0.4	0.96	-0.57	0.4	0.84	-0.86	0.93	0.84		0.65	0.9	0.86	0.86	-0.12	0.8	0.91	0.83	0.59
Other Stockholder Equity	0.61	0.63	0.31	0.3	0.56	0.52	0.27	0.45	0.37	0.68	-0.03	0.37	0.48	-0.77	0.74	0.35	0.65		0.59	0.35	0.51	-0.39	0.42	0.76	0.45	0.52
Total Liab	0.98	0.96	0.55	0.9	0.85	0.89	0.56	0.82	0.37	0.95	-0.74	0.37	0.94	-0.73	0.95	0.94	0.9	0.59		0.69	0.94	0.05	0.92	0.84	0.73	0.42
Property Plant And Equipment Gross	0.78	0.58	0.1	0.57	0.85	0.72	0.31	0.89	0.25	0.8	-0.49	0.25	0.76	-0.64	0.68	0.72	0.86	0.35	0.69		0.72	-0.15	0.67	0.71	0.78	0.51
Total Current Assets	0.97	0.83	0.62	0.85	0.93	0.8	0.28	0.91	0.61	0.87	-0.74	0.61	0.92	-0.69	0.88	0.89	0.86	0.51	0.94	0.72		-0.07	0.92	0.79	0.75	0.44
Short Term Debt	-0.06	0.11	-0.1	0.34	-0.18	0.03	0.4	-0.16	-0.41	-0.05	-0.34	-0.41	0.04	0.2	-0.17	0.18	-0.12	-0.39	0.05	-0.15	-0.07		-0.01	-0.26	-0.2	-0.27
Accounts Payable	0.91	0.84	0.58	0.94	0.8	0.88	0.51	0.79	0.33	0.83	-0.74	0.33	0.95	-0.53	0.83	0.95	0.8	0.42	0.92	0.67	0.92	-0.01		0.72	0.65	0.2
Good Will	0.88	0.78	0.36	0.61	0.85	0.72	0.35	0.8	0.45	0.92	-0.49	0.45	0.73	-0.92	0.93	0.73	0.91	0.76	0.84	0.71	0.79	-0.26	0.72		0.9	0.68
Intangible Assets	0.8	0.6	0.23	0.54	0.85	0.56	0.19	0.85	0.45	0.81	-0.6	0.45	0.67	-0.81	0.78	0.69	0.83	0.45	0.73	0.78	0.75	-0.2	0.65	0.9		0.73
Other Liab	0.51	0.29	-0.04	0.11	0.61	0.13	-0.17	0.59	0.52	0.55	-0.11	0.52	0.31	-0.83	0.5	0.23	0.59	0.52	0.42	0.51	0.44	-0.27	0.2	0.68	0.73

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Worthington Industries Account Relationship Matchups

Worthington Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	3.4B	3.6B	3.7B	1.7B	1.8B
Short Long Term Debt Total	736.3M	747.8M	844.4M	795.4M	317.2M	421.3M
Other Current Liab	130.2M	210.1M	88.8M	173.0M	72.4M	99.8M
Total Current Liabilities	388.2M	787.9M	932.3M	717.6M	178.4M	169.5M
Total Stockholder Equity	820.8M	1.4B	1.5B	1.7B	888.9M	800.7M
Property Plant And Equipment Net	604.2M	550.1M	795.1M	775.6M	245.9M	233.6M
Net Debt	589.1M	107.5M	809.9M	340.4M	73.0M	69.3M
Retained Earnings	572.3M	1.1B	1.2B	1.4B	589.4M	621.4M
Cash	147.2M	640.3M	34.5M	454.9M	244.2M	256.4M
Non Current Assets Total	1.3B	1.4B	1.9B	1.8B	1.0B	960.8M
Non Currrent Assets Other	(37.0M)	(83.2M)	(80.7M)	(76.1M)	21.3M	16.1M
Cash And Short Term Investments	147.2M	640.3M	34.5M	454.9M	244.2M	256.4M
Net Receivables	349.4M	641.9M	878.0M	697.1M	217.1M	362.1M
Common Stock Shares Outstanding	56.0M	53.9M	51.0M	49.4M	50.3M	63.6M
Liabilities And Stockholders Equity	2.3B	3.4B	3.6B	3.7B	1.7B	1.8B
Non Current Liabilities Total	976.8M	1.0B	1.1B	1.1B	610.1M	533.8M
Inventory	405.1M	564.8M	759.1M	608.0M	164.6M	156.4M
Other Current Assets	68.5M	69.0M	93.7M	105.0M	47.9M	43.6M
Other Stockholder Equity	283.8M	282.8M	273.4M	290.8M	299.0M	264.5M
Total Liab	1.4B	1.8B	2.0B	1.8B	788.5M	968.3M
Property Plant And Equipment Gross	604.2M	550.1M	1.6B	1.8B	497.1M	625.4M
Total Current Assets	983.2M	2.0B	1.8B	1.9B	673.9M	862.3M
Accumulated Other Comprehensive Income	(35.2M)	45.4M	(22.9M)	(23.2M)	454.0K	476.7K
Short Term Debt	11M	10.4M	59.9M	15.7M	6.2M	5.9M
Accounts Payable	247.0M	567.4M	668.4M	528.9M	90.2M	85.7M
Good Will	321.4M	351.1M	401.5M	414.8M	331.6M	214.4M
Intangible Assets	184.4M	240.4M	299.0M	314.2M	221.1M	151.3M
Other Liab	247.9M	296.2M	312.3M	332.0M	381.8M	400.9M
Other Assets	1K	30.6M	34.4M	25.3M	1.0	0.95
Long Term Debt	699.5M	710.0M	696.3M	689.7M	298.1M	462.5M
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

Pair Trading with Worthington Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Worthington Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Worthington Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against Worthington Stock

0.73	J	Jacobs Solutions Fiscal Year End 19th of November 2024	Pair Corr
0.71	CMPO	CompoSecure	Pair Corr
0.71	B	Barnes Group	Pair Corr
0.7	CMPOW	CompoSecure	Pair Corr
0.67	AZ	A2Z Smart Technologies	Pair Corr

The ability to find closely correlated positions to Worthington Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Worthington Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Worthington Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Worthington Industries to buy it.

The correlation of Worthington Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Worthington Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Worthington Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Worthington Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Worthington Stock Analysis

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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Worthington Total Assets Per Share vs Shareholders Equity Analysis

About Worthington Balance Sheet Analysis

Worthington Industries Balance Sheet Chart

Total Assets

Total Current Liabilities

Worthington Industries fundamental ratios Correlations

Worthington Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Worthington Industries fundamental ratios Accounts

Pair Trading with Worthington Industries

Moving against Worthington Stock

Additional Tools for Worthington Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.98	Total Assets
Total Current Assets	+ 0.97	Total Assets
Non Current Assets Total	+ 0.96	Total Assets
Total Liab	+ 0.96	Short Long Term Debt Total

Good Will	- 0.92	Common Stock Shares Outstanding
Other Current Assets	- 0.86	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.85	Non Current Assets Total
Inventory	- 0.84	Non Currrent Assets Other
Other Liab	- 0.83	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.82	Common Stock Shares Outstanding