Worthington Steel Balance Sheet

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '24 Nov 30, 2024	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Cash & Equivalents	52	40.2	32.7	20.05	17.46
Cash & Short-Term Investments	52	40.2	32.7	20.05	17.46
Cash Growth	-75.75%	22.94%	63.08%	14.85%	-
Accounts Receivable	372.9	469	465.8	600.42	405.05
Other Receivables	9.2	4.2	4.3	0.47	0.17
Receivables	382.1	473.2	470.1	600.9	405.22
Inventory	343	405.3	414.8	569.5	442.93
Prepaid Expenses	78.5	76.6	57.7	60.93	41.11
Other Current Assets	1.8	6.5	5.6	15.72	33.4
Total Current Assets	857.4	1,002	980.9	1,267	940.12
Property, Plant & Equipment	574	547.7	489.7	511.06	283.58
Long-Term Investments	130.4	135	114.6	119.33	92.04
Goodwill	79.5	79.6	78.6	80.03	20.22
Other Intangible Assets	73.9	77	83.4	89.72	17.4
Long-Term Deferred Tax Assets	8.5	8.5	6.3	4	1.7
Other Long-Term Assets	15.6	16.8	10.9	12.79	11.59
Total Assets	1,739	1,866	1,764	2,084	1,367
Accounts Payable	285.5	380.4	402.2	524.12	452.26
Accrued Expenses	49.6	68.5	47.5	65.19	49.7
Short-Term Debt	115	148	2.8	48	-
Current Portion of Long-Term Debt	-	-	20	15	-
Current Portion of Leases	7.4	7.6	5.9	5.64	2.93
Current Income Taxes Payable	1.2	5.2	-	-	1.22
Other Current Liabilities	9	8.7	-	-	-
Total Current Liabilities	467.7	618.4	478.4	657.95	506.1
Long-Term Debt	-	-	-	20	-
Long-Term Leases	64.6	68.3	71.7	65.26	5.18
Long-Term Deferred Tax Liabilities	26.6	27.9	26.1	35.49	34.06
Other Long-Term Liabilities	35.3	34.3	33.6	38.97	6.48
Total Liabilities	594.2	748.9	609.8	817.67	551.82
Common Stock	-	-	1,031	1,131	622.95
Additional Paid-In Capital	909.6	905.3	-	-	-
Retained Earnings	111	86.1	-	-	-
Comprehensive Income & Other	-9.8	-6.1	-2.1	1.85	38.39
Total Common Equity	1,011	985.3	1,029	1,133	661.33
Minority Interest	134.3	132.2	125.6	133.21	153.5
Shareholders' Equity	1,145	1,118	1,155	1,266	814.83
Total Liabilities & Equity	1,739	1,866	1,764	2,084	1,367
Total Debt	187	223.9	100.4	153.9	8.11
Net Cash (Debt)	-135	-183.7	-67.7	-133.85	9.35
Net Cash Per Share	-2.68	-3.69	-1.37	-2.71	-
Filing Date Shares Outstanding	49.48	50.39	49.3	49.3	-
Total Common Shares Outstanding	49.48	49.33	49.3	49.3	-
Working Capital	389.7	383.4	502.5	609.15	434.02
Book Value Per Share	20.43	19.97	20.87	-	-
Tangible Book Value	857.4	828.7	867	963.4	623.71
Tangible Book Value Per Share	17.33	16.80	17.59	-	-
Land	37.7	37.9	37.6	39.26	8.89
Buildings	178.3	177.1	168.6	167.65	140.08
Machinery	924	893.8	847.5	820.71	692.58
Construction In Progress	110	83.6	20.3	22.83	15.79

Source: S&P Capital IQ. Standard template. Financial Sources.