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
Recent updates
U.S. Steel: Staying Positive
Apr 18United States Steel Offers Investors A Phenomenal Opportunity On Merger Worries
Mar 21US Steel Merger Faces Bipartisan Political Backlash
Mar 13U.S. Steel May Have To Face The Music
Feb 05United States Steel: Excellent Speculative Opportunity, Though Not The Best Investment
Jan 16United States Steel Corporation's (NYSE:X) Price Is Right But Growth Is Lacking After Shares Rocket 45%
Dec 19
United States Steel: Iron Hot As Rumors Of A Buyout Fuel The Flames Of Speculation
Dec 14U.S. Steel: Additional Upside In Store
Dec 08U.S. Steel Is A Buy In Light Of Megatrends, M&A, And Strategic Investments
Nov 02United States Steel: Hold Rating Fueled By High Share Price With Poor Revenue Growth
Oct 02US Steel: Potential Upside From Cleveland-Cliffs Takeover Offer
Aug 29United States Steel: Implications Of The Manufacturing Renaissance
Aug 12An Intrinsic Calculation For United States Steel Corporation (NYSE:X) Suggests It's 39% Undervalued
Aug 10United States Steel: Future Energy Isn't Happening Without Steel
Jul 25United States Steel - The Pullback Is An Opportunity
Jun 20U.S. Steel: Manufacturing Recession Pushes Steel To New Lows
Jun 02We Think United States Steel (NYSE:X) Is Taking Some Risk With Its Debt
May 22United States Steel (NYSE:X) Has Affirmed Its Dividend Of $0.05
May 04A Look At The Fair Value Of United States Steel Corporation (NYSE:X)
Apr 29Financial Position Analysis
Short Term Liabilities: X's short term assets ($6.9B) exceed its short term liabilities ($3.9B).
Long Term Liabilities: X's short term assets ($6.9B) exceed its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: X's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: X's debt to equity ratio has reduced from 56% to 36.3% over the past 5 years.
Debt Coverage: X's debt is well covered by operating cash flow (52%).
Interest Coverage: X earns more interest than it pays, so coverage of interest payments is not a concern.