United States Steel Balance Sheet Health
Financial Health criteria checks 6/6
United States Steel has a total shareholder equity of $11.3B and total debt of $3.9B, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are $20.4B and $9.2B respectively. United States Steel's EBIT is $940.0M making its interest coverage ratio -4.4. It has cash and short-term investments of $2.2B.
Key information
34.5%
Debt to equity ratio
US$3.90b
Debt
Interest coverage ratio | -4.4x |
Cash | US$2.22b |
Equity | US$11.29b |
Total liabilities | US$9.16b |
Total assets | US$20.45b |
Recent financial health updates
Recent updates
Benign 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 Corporation's (NYSE:X) Price Is Right But Growth Is Lacking After Shares Rocket 45%
Dec 19United 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 22Financial Position Analysis
Short Term Liabilities: X's short term assets ($6.4B) exceed its short term liabilities ($3.7B).
Long Term Liabilities: X's short term assets ($6.4B) exceed its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: X's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: X's debt to equity ratio has reduced from 55.6% to 34.5% over the past 5 years.
Debt Coverage: X's debt is well covered by operating cash flow (48.5%).
Interest Coverage: X earns more interest than it pays, so coverage of interest payments is not a concern.