Is it safe?
Can WS take a bad year?
Worthington Steel, Inc. carries $161M of net debt at 0.73× EBITDA: a load its earnings can carry.
$161M
Net debt · as at Q3 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.73×
Net debt / EBITDA · 0.23× a year ago · the load is going up
- Altman Z-score
- 3.64
Altman Z-score · safe zone, above 3
- Interest cover
- 16.0×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ3 2026
- $251M
- Cash and short-term investments
- $90M
- Net debt
- $161M
- EBITDA, trailing twelve months
- $220M
- Operating profit, trailing twelve months
- $140M
- Debt / equity
- 0.22×
- Total debt / EBITDA
- 1.14×
- Annualised volatilitytwo years of daily moves
- 49%
- Worst drawdown on file
- −51%
- Below its 52-week high
- −30%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.