In terms of working capital, Steelcase Inc. maintains a healthy position.
The total current assets of the company are valued at $959400000.
This represents a growth rate of 8.529% compared to the previous year.
Breaking down the current assets, the cash and investments are worth $318600000, exhibiting a growth rate of 252.434% year-on-year.
The receivables, another significant portion of the current assets, are valued at $349800000.
The year-on-year growth rate for receivables is -7.607%.
The inventory, which forms a critical part of the assets, is valued at $231000000.
This represents a healthy year-on-year growth of -27.745%
On the liabilities side, the company's current liabilities total $607100000.
This reflects a growth rate of 0.630% over the previous year, indicating the company's financial obligations are well under control.
2024
2023
2022
2021
2020
2019
Cash and investments
318.60
90.40
200.90
489.80
541.00
261.30
Receavebles
349.80
378.60
382.10
270.30
372.40
390.30
Inventory
231.00
319.70
326.20
193.50
215.00
224.80
Other
60.00
37.40
26.00
70.90
38.80
52.70
Total Current Assets
959.40
884.00
959.20
1045.40
1188.80
948.60
Acc Payable
211.30
203.50
243.60
181.30
244.30
241.20
Short Term Debt
45.10
80.40
49.30
48.50
46.00
4.10
Other Current Liab
305.90
268.60
220.90
251.50
372.00
329.90
Current Liabilities
607.10
603.30
567.20
515.00
690.90
595.20
Capital Structure
When examining the capital structure of Steelcase Inc., it is clear that the company manages a robust portfolio.
These earnings represent the profits that Steelcase Inc. has chosen to reinvest in the business rather than distribute as dividends.
