United States Steel Balance Sheet Health
Financial Health criteria checks 6/6
United States Steel has a total shareholder equity of $11.7B and total debt of $3.9B, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are $20.6B and $9.0B respectively. United States Steel's EBIT is $335.0M making its interest coverage ratio -1.6. It has cash and short-term investments of $1.8B.
Key information
33.3%
Debt to equity ratio
US$3.89b
Debt
| Interest coverage ratio | -1.6x |
| Cash | US$1.77b |
| Equity | US$11.67b |
| Total liabilities | US$8.96b |
| Total assets | US$20.63b |
Recent financial health updates
Recent updates
United States Steel's Plunge Represents A Great Buying Opportunity
Dec 03United States Steel: Revenue Headwinds, Political Risk Make Shares Overvalued
Sep 25United States Steel: Buying With Both Hands As Shares Plunge
Sep 04Is United States Steel (NYSE:X) A Risky Investment?
Jul 22
U.S. Steel: Focus On Falling Steel Prices Instead Of The Most Likely Dead Buyout
Jun 17Benign Growth For United States Steel Corporation (NYSE:X) Underpins Its Share Price
May 31U.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: 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 29Financial Position Analysis
Short Term Liabilities: X's short term assets ($5.8B) exceed its short term liabilities ($3.5B).
Long Term Liabilities: X's short term assets ($5.8B) exceed its long term liabilities ($5.5B).
Debt to Equity History and Analysis
Debt Level: X's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: X's debt to equity ratio has reduced from 59.8% to 33.3% over the past 5 years.
Debt Coverage: X's debt is well covered by operating cash flow (28.3%).
Interest Coverage: X earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:31 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
United States Steel Corporation is covered by 41 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Coleman | Argus Research Company |
| David Gagliano | Barclays |
| Paretosh Misra | Berenberg |