United States Steel Balance Sheet Health
Financial Health criteria checks 6/6
United States Steel has a total shareholder equity of $11.1B and total debt of $4.0B, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are $20.5B and $9.3B respectively. United States Steel's EBIT is $1.0B making its interest coverage ratio -5.7. It has cash and short-term investments of $2.9B.
Key information
36.3%
Debt to equity ratio
US$4.04b
Debt
Interest coverage ratio | -5.7x |
Cash | US$2.95b |
Equity | US$11.14b |
Total liabilities | US$9.31b |
Total assets | US$20.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: USX1's short term assets ($6.9B) exceed its short term liabilities ($3.9B).
Long Term Liabilities: USX1's short term assets ($6.9B) exceed its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: USX1's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: USX1's debt to equity ratio has reduced from 56% to 36.3% over the past 5 years.
Debt Coverage: USX1's debt is well covered by operating cash flow (52%).
Interest Coverage: USX1 earns more interest than it pays, so coverage of interest payments is not a concern.