Worthington Net Working Capital from 2010 to 2024

WS Stock   44.45  0.68  1.55%   
Worthington Steel Net Working Capital yearly trend continues to be comparatively stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. From the period from 2010 to 2024, Worthington Steel Net Working Capital quarterly data regression had r-value of  0.12 and coefficient of variation of  11.87. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
383.4 M
Current Value
385.8 M
Quarterly Volatility
52.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Worthington Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Worthington Steel's main balance sheet or income statement drivers, such as Tax Provision of 35.3 M, Depreciation And Amortization of 65.8 M or Selling General Administrative of 206.1 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.0039 or PTB Ratio of 1.62. Worthington financial statements analysis is a perfect complement when working with Worthington Steel Valuation or Volatility modules.
  
Check out the analysis of Worthington Steel Correlation against competitors.
For more information on how to buy Worthington Stock please use our How to Invest in Worthington Steel guide.

Latest Worthington Steel's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Worthington Steel over the last few years. It is Worthington Steel's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Worthington Steel's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Pretty Stable
   Net Working Capital   
       Timeline  

Worthington Net Working Capital Regression Statistics

Arithmetic Mean443,669,787
Geometric Mean441,127,396
Coefficient Of Variation11.87
Mean Deviation29,907,657
Median434,017,000
Standard Deviation52,677,843
Sample Variance2775T
Range225.8M
R-Value0.12
Mean Square Error2944.1T
R-Squared0.01
Significance0.67
Slope1,434,999
Total Sum of Squares38849.4T

Worthington Net Working Capital History

2024385.8 M
2023383.4 M
2022502.5 M
2021609.2 M

About Worthington Steel Financial Statements

Worthington Steel shareholders use historical fundamental indicators, such as Net Working Capital, to determine how well the company is positioned to perform in the future. Although Worthington Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Worthington Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Worthington Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Working Capital383.4 M385.8 M

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Additional Tools for Worthington Stock Analysis

When running Worthington Steel's price analysis, check to measure Worthington Steel's 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 Steel is operating at the current time. Most of Worthington Steel's value examination focuses on studying past and present price action to predict the probability of Worthington Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Steel's price. Additionally, you may evaluate how the addition of Worthington Steel to your portfolios can decrease your overall portfolio volatility.