Worthington Enterprises Liabilities 2024

Worthington Enterprises Aktienanalyse

What does Worthington Enterprises do?

Worthington Industries, Inc. is a US-based company that specializes in the manufacturing and distribution of metal products. It was founded by John H. McConnell in Columbus, Ohio in 1955 and has been listed on the New York Stock Exchange since 1968. The company's history began with its establishment as a manufacturer of pressure vessels by John H. McConnell. Over the years, the company grew and expanded into new markets. In 1966, Worthington Industries acquired the steel division of Midland-Ross Corporation, expanding its presence in the steel industry. In the 1990s, the company further expanded its product portfolio to include aluminum and other metals. Today, Worthington Industries is a global company operating in many countries worldwide. It has over 10,000 employees and generates revenue of over $3 billion. The business model of Worthington Industries is based on the manufacturing and distribution of high-quality metal products for various industrial applications. The company produces a wide range of products, including steel and aluminum cylinders, propane and gas tanks, pressure vessels, oil and gas pipelines, as well as sheets and bars. Worthington Industries operates a diversified business, serving several different segments. These include Cylinders, Steel Processing, Pressure Cylinders, Engineered Cabs, and Other. Cylinders is the largest segment of Worthington Industries, involved in the production of steel tanks and cylinders for various applications, such as gas pressure containers, scuba diving tanks, and fire extinguishers. These products are used in various industries, including manufacturing, healthcare, food, construction, and agriculture. The Steel Processing segment includes the production of cold-rolled steel, which is commonly used in the automotive and construction industries. Pressure Cylinders is a segment that specializes in the manufacturing of gas tanks, typically used as replacement parts for automobiles and other vehicles. Engineered Cabs is a segment specialized in the production of cabins for agricultural vehicles and construction machinery. These cabins provide protection from the elements and make working in these vehicles safer and more comfortable. The Other segment includes all other business areas that do not fall under the other segments. Worthington Industries produces high-quality aluminum products, such as sheets, bars, and tubes. These products are used in the aerospace industry, construction, automotive industry, and many other sectors. Worthington Industries offers a wide range of metal products, including pressure vessels used in various applications such as food, chemical, and pharmaceutical industries. They also provide steel and aluminum cylinders used as containers for transporting liquids and gases, gas tanks used as replacement parts for vehicles, steel sheets, pipes, and bars used in industries such as construction, automotive, aerospace, and cabins utilized in agricultural vehicles and construction machinery. Additionally, they produce oil and gas pipelines used in the oil and gas industry. In conclusion, Worthington Industries, Inc. is a leading company in the manufacturing and distribution of metal products. With a long and successful history, the company operates globally, serving various industries with a diverse range of products. It is a trusted partner for customers worldwide. Worthington Enterprises ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Worthington Enterprises's Liabilities

Worthington Enterprises's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Worthington Enterprises's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Worthington Enterprises's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Worthington Enterprises's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Worthington Enterprises’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Worthington Enterprises Stock

What is the level of liabilities of Worthington Enterprises this year?

Worthington Enterprises has a debt balance of 1.95 B USD this year.

What were the liabilities of Worthington Enterprises compared to the previous year?

The liabilities of Worthington Enterprises have increased by -9.59% dropped compared to the previous year.

What are the consequences of high debt for investors of Worthington Enterprises?

High liabilities can pose a risk for investors of Worthington Enterprises, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Worthington Enterprises?

Low liabilities mean that Worthington Enterprises has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Worthington Enterprises affect the company?

An increase in liabilities of Worthington Enterprises can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Worthington Enterprises affect the company?

A decrease in the liabilities of Worthington Enterprises can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Worthington Enterprises?

Some factors that can influence the liabilities of Worthington Enterprises include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Worthington Enterprises so important for investors?

The liabilities of Worthington Enterprises are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Worthington Enterprises take to modify the liabilities?

To change its liabilities, Worthington Enterprises can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Worthington Enterprises pay?

Over the past 12 months, Worthington Enterprises paid a dividend of 1.26 USD . This corresponds to a dividend yield of about 2.11 %. For the coming 12 months, Worthington Enterprises is expected to pay a dividend of 1.51 USD.

What is the dividend yield of Worthington Enterprises?

The current dividend yield of Worthington Enterprises is 2.11 %.

When does Worthington Enterprises pay dividends?

Worthington Enterprises pays a quarterly dividend. This is distributed in the months of October, December, April, July.

How secure is the dividend of Worthington Enterprises?

Worthington Enterprises paid dividends every year for the past 25 years.

What is the dividend of Worthington Enterprises?

For the upcoming 12 months, dividends amounting to 1.51 USD are expected. This corresponds to a dividend yield of 2.54 %.

In which sector is Worthington Enterprises located?

Worthington Enterprises is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Worthington Enterprises kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Worthington Enterprises from 6/28/2024 amounting to 0.16 USD, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Worthington Enterprises pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of Worthington Enterprises in the year 2023?

In the year 2023, Worthington Enterprises distributed 1.18 USD as dividends.

In which currency does Worthington Enterprises pay out the dividend?

The dividends of Worthington Enterprises are distributed in USD.