Can Worthington Steel cover its short-term obligations?

Its current ratio is 1.48 — current assets exceed current liabilities.

Where does Worthington Steel's balance sheet data come from?

Every line is extracted from Worthington Steel's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Worthington Steel WS Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q3 '26	TTM Q2 '26	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25
Cash and cash equivalents	$90M+42.2%	$89.8M+72.7%	$78.3M+118%	$38M—	$63.3M—
Restricted cash	$0—	——	——	——	——
Accounts receivable, net	$461.6M+11.6%	$440.8M+18.2%	$490.3M+10.6%	$438.7M—	$413.8M—
Inventories	$1.75B+18.0%	$1.66B+6.9%	$1.59B+0.4%	$1.5B+21.9%	$1.48B+19.6%
Raw materials	$179.6M+35.3%	$177.5M+30.6%	$215.1M+36.6%	$179.4M—	$132.7M—
Work in process	$149.4M+6.3%	$131.1M+2.8%	$169.5M+12.8%	$165.6M—	$140.6M—
Finished goods	$106.6M+54.5%	$104.4M+31.2%	$93.9M+11.3%	$77M—	$69M—
Prepaid expenses and other current assets	$116M+36.2%	$91.7M+16.8%	$88.6M+20.5%	$83.3M—	$85.2M—
Income taxes receivable	$2.7M-60.9%	$4.8M-47.8%	$1.6M-78.9%	$100K—	$6.9M—
Assets held for sale	$600K-45.5%	$10.2M+467%	$11.2M+286%	$11.5M—	$1.1M—
Total current assets	$1.11B+21.2%	$1.05B+22.5%	$1.15B+20.2%	$1.05B—	$912.6M—
Property and equipment, net	$677.9M+31.2%	$663.4M+31.3%	$656M+34.8%	$548.2M—	$516.7M—
Land	$42.3M+10.7%	$42.1M+11.7%	$44.2M+16.3%	$38.6M—	$38.2M—
Buildings and improvements	$221.5M+17.4%	$218.9M+22.8%	$217.8M+22.1%	$190.4M—	$188.6M—
Machinery and equipment	$1.04B+12.0%	$1.03B+10.9%	$1.02B+12.6%	$942.6M—	$927.1M—
Construction in progress	$182.9M+61.7%	$170M+54.5%	$151.7M+53.1%	$132.7M—	$113.1M—
Accumulated depreciation	$807.6M+7.6%	$792.7M+6.4%	$773.3M+5.8%	$756.1M—	$750.3M—
Operating lease right-of-use assets	$89.1M+21.1%	$84.4M+22.7%	$87.3M+23.3%	$72.6M—	$73.6M—
Goodwill	$103.3M+30.3%	$101.5M+27.7%	$101.7M+27.6%	$79.6M—	$79.3M—
Intangible assets, net	$87M+25.5%	$88.3M+19.5%	$90M+19.2%	$67.9M—	$69.3M—
Deferred tax assets	$145.5M+32.8%	$137.4M+26.9%	$123.2M+13.3%	$110.3M+35.3%	$109.6M+37.5%
Other non-current assets	$8.5M-44.4%	$7.9M-49.4%	$8M-51.5%	$7M—	$15.3M—
Equity method investments	$119.8M-2.3%	$133.8M+2.6%	$133M-2.4%	$126.6M—	$122.6M—
Total investments	——	——	——	——	——
Total assets	$2.32B+28.7%	$2.15B+23.6%	$2.24B+22.6%	$1.96B—	$1.8B—
Accounts payable	$1.53B+12.4%	$1.46B+2.1%	$1.41B-5.9%	$1.38B+21.1%	$1.36B+16.9%
Accrued expenses	$55.3M+35.9%	$53.8M+57.8%	$54.8M+38.4%	$43M—	$40.7M—
Current portion of long-term debt	$192.7M+75.2%	$110M-4.3%	$160M+30.9%	$149.2M—	$110M—
Operating lease liabilities, current	$11.3M+52.7%	$10.3M+39.2%	$10.6M+43.2%	$7.7M—	$7.4M—
Finance Lease Liability, Current	$2.4M—	——	——	——	——
Short-term borrowings	$192.7M+75.2%	$110M-4.3%	$160M+30.9%	$149.2M—	$110M—
Income taxes payable	$2M+81.8%	$1.2M0.0%	$16.5M—	$4.5M—	$1.1M—
Dividends payable	$9.1M0.0%	$9M0.0%	$9.1M—	$9.3M—	$9.1M—
Total current liabilities	$745.6M+43.1%	$584.9M+25.1%	$693.6M+24.3%	$631.5M—	$521M—
Long-term debt	$31.6M—	$41.7M—	——	——	——
Operating lease liabilities, non-current	$82.4M+18.4%	$78.5M+21.5%	$80.9M+21.8%	$68.7M—	$69.6M—
Operating Lease Liabilities (Total)	——	——	——	——	——
Finance lease liabilities	$5.1M—	——	——	——	——
Other non-current liabilities	$57.3M+60.1%	$51.7M+46.5%	$48.8M+40.2%	$32.8M—	$35.8M—
Total liabilities	$958.1M+45.9%	$803.1M+35.2%	$912.4M+33.0%	$763.9M—	$656.6M—
Common stock	$0—	$0—	$0—	$0—	$0—
Additional paid-in capital	$916.7M+0.6%	$915.1M+0.6%	$915.3M—	$913.9M—	$911.2M—
Retained earnings	$205.7M+76.6%	$203.5M+83.3%	$192.5M—	$164.2M—	$116.5M—
Accumulated other comprehensive income (loss)	$2.1M+114%	-$1.5M+84.7%	-$2.9M+25.6%	-$4M—	-$15.4M—
Redeemable noncontrolling interests	$96.8M—	——	——	——	——
Noncontrolling interests	$136.1M+4.1%	$131.6M-2.0%	$128.3M-4.3%	$123.8M—	$130.8M—
Total stockholders' equity	$1.12B+11.1%	$1.12B+10.5%	$1.1B+9.5%	$1.07B—	$1.01B—
Total liabilities and stockholders' equity	$2.32B+28.7%	$2.15B+23.6%	$2.24B+22.6%	$1.96B—	$1.8B—
Finished goods	$106.6M+54.5%	$104.4M+31.2%	$93.9M+11.3%	$77M—	$69M—
Deferred Tax Assets and Other Non-Current Assets	$8.5M-44.4%	$7.9M-49.4%	$8M-51.5%	$7M—	$15.3M—
Equity Securities (FV-NI) - Non-Current	——	——	——	——	——
Equity Securities (Non-Current)	——	——	——	——	——
Net Investment in Lease	$89.1M+21.1%	$84.4M+22.7%	$87.3M+23.3%	$72.6M—	$73.6M—
Deferred tax assets	$12.7M+23.3%	$10.7M+25.9%	$10.4M+22.4%	$11.4M—	$10.3M—
Other intangible assets—net	$87M+25.5%	$88.3M+19.5%	$90M+19.2%	$67.9M—	$69.3M—
Machinery and equipment	$1.04B+12.0%	$1.03B+10.9%	$1.02B+12.6%	$942.6M—	$927.1M—
Operating lease right-of-use assets	$89.1M+21.1%	$84.4M+22.7%	$87.3M+23.3%	$72.6M—	$73.6M—
Other non-current assets	$8.5M-44.4%	$7.9M-49.4%	$8M-51.5%	$7M—	$15.3M—
Property, plant and equipment at cost	$1.49B+17.2%	$1.46B+16.5%	$1.43B+17.4%	$1.3B—	$1.27B—
Operating Lease Right-of-Use Assets in Other Assets	$89.1M+21.1%	$84.4M+22.7%	$87.3M+23.3%	$72.6M—	$73.6M—
Software and Technology Licenses, Net	$8.5M-44.4%	$7.9M-49.4%	$8M-51.5%	$7M—	$15.3M—
Accrued Manufacturing Costs	$55.3M+35.9%	$53.8M+57.8%	$54.8M+38.4%	$43M—	$40.7M—
Accrued Income Taxes, Current	$2M+81.8%	$1.2M0.0%	$16.5M—	$4.5M—	$1.1M—
Compensation and benefits	$55.3M+35.9%	$53.8M+57.8%	$54.8M+38.4%	$43M—	$40.7M—
Total debt	$325.5M+72.0%	$248.4M+32.8%	$303M+54.6%	$227.9M—	$189.2M—
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$0—	$0—	$0—	$0—	$0—
Cumulative Cost Basis	$1.49B+17.2%	$1.46B+16.5%	$1.43B+17.4%	$1.3B—	$1.27B—
Construction work in progress	$182.9M+61.7%	$170M+54.5%	$151.7M+53.1%	$132.7M—	$113.1M—
Deferred income taxes	$36.1M+28.9%	$40.8M+53.4%	$40M+47.6%	$28.6M—	$28M—
Equity method investments (Note 11)	$119.8M-2.3%	$133.8M+2.6%	$133M-2.4%	$126.6M—	$122.6M—
Current maturities of long-term debt	$2.4M—	——	——	——	——
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$9.4M—	——	——	——	——
Tax receivable within other current assets	$2.7M-60.9%	$4.8M-47.8%	$1.6M-78.9%	$100K—	$6.9M—
Noncontrolling interests in subsidiaries	$136.1M+4.1%	$131.6M-2.0%	$128.3M-4.3%	$123.8M—	$130.8M—
Other accrued liabilities	$43.8M+146%	$28.6M+84.5%	$24.2M+82.0%	$15.3M—	$17.8M—
Redeemable noncontrolling interests in subsidiaries	$96.8M—	——	——	——	——

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Questions, answered.

Can Worthington Steel cover its short-term obligations?: Its current ratio is 1.48 — current assets exceed current liabilities.
Where does Worthington Steel's balance sheet data come from?: Every line is extracted from Worthington Steel's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.