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WS (Worthington Steel) Net Cash per Share : $-17.15 (As of May. 2025)


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What is Worthington Steel Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Worthington Steel's Net Cash per Share for the quarter that ended in May. 2025 was $-17.15.

The historical rank and industry rank for Worthington Steel's Net Cash per Share or its related term are showing as below:

WS's Price-to-Net-Cash is not ranked *
in the Steel industry.
Industry Median: 4.565
* Ranked among companies with meaningful Price-to-Net-Cash only.

Worthington Steel Net Cash per Share Historical Data

The historical data trend for Worthington Steel's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Worthington Steel Net Cash per Share Chart

Worthington Steel Annual Data
Trend May21 May22 May23 May24 May25
Net Cash per Share
-13.75 -18.61 -14.05 -17.05 -17.15

Worthington Steel Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.05 -15.87 -13.67 -14.62 -17.15

Competitive Comparison of Worthington Steel's Net Cash per Share

For the Steel subindustry, Worthington Steel's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Worthington Steel's Price-to-Net-Cash Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Worthington Steel's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Worthington Steel's Price-to-Net-Cash falls into.


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Worthington Steel Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Worthington Steel's Net Cash per Share for the fiscal year that ended in May. 2025 is calculated as

Net Cash per Share (A: May. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(38-763.9-123.8)/49.549
=-17.15

Worthington Steel's Net Cash per Share for the quarter that ended in May. 2025 is calculated as

Net Cash per Share (Q: May. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(38-763.9-123.8)/49.549
=-17.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Worthington Steel  (NYSE:WS) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Worthington Steel Net Cash per Share Related Terms

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Worthington Steel Business Description

Traded in Other Exchanges
Address
100 Old Wilson Bridge Road, Columbus, OH, USA, 43085
Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.