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	Aug '24 Aug 31, 2024	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Cash & Equivalents	36	40.2	32.7	20.05	17.46
Cash & Short-Term Investments	36	40.2	32.7	20.05	17.46
Cash Growth	31.38%	22.94%	63.08%	14.85%	-
Accounts Receivable	440.6	469	465.8	600.42	405.05
Other Receivables	7.6	4.2	4.3	0.47	0.17
Receivables	448.2	473.2	470.1	600.9	405.22
Inventory	392.1	405.3	414.8	569.5	442.93
Prepaid Expenses	73.5	76.6	57.7	60.93	41.11
Other Current Assets	5.7	6.5	5.6	15.72	33.4
Total Current Assets	955.5	1,002	980.9	1,267	940.12
Property, Plant & Equipment	557.4	547.7	489.7	511.06	283.58
Long-Term Investments	136.3	135	114.6	119.33	92.04
Goodwill	79.7	79.6	78.6	80.03	20.22
Other Intangible Assets	75.5	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	16.5	16.8	10.9	12.79	11.59
Total Assets	1,829	1,866	1,764	2,084	1,367
Accounts Payable	359.3	380.4	402.2	524.12	452.26
Accrued Expenses	52.9	68.5	47.5	65.19	49.7
Short-Term Debt	122.2	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	7.3	5.2	-	-	1.22
Other Current Liabilities	8.8	8.7	-	-	-
Total Current Liabilities	557.9	618.4	478.4	657.95	506.1
Long-Term Debt	-	-	-	20	-
Long-Term Leases	66.4	68.3	71.7	65.26	5.18
Long-Term Deferred Tax Liabilities	27.1	27.9	26.1	35.49	34.06
Other Long-Term Liabilities	34.8	34.3	33.6	38.97	6.48
Total Liabilities	686.2	748.9	609.8	817.67	551.82
Common Stock	-	-	1,031	1,131	622.95
Additional Paid-In Capital	906.7	905.3	-	-	-
Retained Earnings	106.3	86.1	-	-	-
Comprehensive Income & Other	-3.9	-6.1	-2.1	1.85	38.39
Total Common Equity	1,009	985.3	1,029	1,133	661.33
Minority Interest	134.1	132.2	125.6	133.21	153.5
Shareholders' Equity	1,143	1,118	1,155	1,266	814.83
Total Liabilities & Equity	1,829	1,866	1,764	2,084	1,367
Total Debt	196	223.9	100.4	153.9	8.11
Net Cash (Debt)	-160	-183.7	-67.7	-133.85	9.35
Net Cash Per Share	-3.20	-3.69	-1.37	-2.71	-
Filing Date Shares Outstanding	50.78	50.39	49.3	49.3	-
Total Common Shares Outstanding	49.42	49.33	49.3	49.3	-
Working Capital	397.6	383.4	502.5	609.15	434.02
Book Value Per Share	20.42	19.97	20.87	-	-
Tangible Book Value	853.9	828.7	867	963.4	623.71
Tangible Book Value Per Share	17.28	16.80	17.59	-	-
Land	38	37.9	37.6	39.26	8.89
Buildings	178.4	177.1	168.6	167.65	140.08
Machinery	902.3	893.8	847.5	820.71	692.58
Construction In Progress	99.1	83.6	20.3	22.83	15.79

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