United States Steel (United States Steel) Cash-to-Debt

: 0.68 (As of Dec. 2023)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. United States Steel's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.68.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, United States Steel couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for United States Steel's Cash-to-Debt or its related term are showing as below:

X' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.46 Max: 0.85
Current: 0.68

During the past 13 years, United States Steel's highest Cash to Debt Ratio was 0.85. The lowest was 0.19. And the median was 0.46.

X's Cash-to-Debt is ranked better than
62.5% of 616 companies
in the Steel industry
Industry Median: 0.42 vs X: 0.68

United States Steel Cash-to-Debt Historical Data

The historical data trend for United States Steel's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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United States Steel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.19

0.39

0.62

0.85

0.68

United States Steel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.85	0.69	0.70	0.74	0.68

Competitive Comparison

For the Steel subindustry, United States Steel's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

United States Steel Cash-to-Debt Distribution

For the Steel industry and Basic Materials sector, United States Steel's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where United States Steel's Cash-to-Debt falls into.

United States Steel Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

United States Steel's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2948	/	(186	+	4153)
	=	0.68

United States Steel's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2948	/	(186	+	4153)
	=	0.68

United States Steel (NYSE:X) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

United States Steel Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of United States Steel's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

United States Steel (United States Steel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » United States Steel Corp (NYSE:X) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

X:Mexico 1USX1:Italy USX1:Germany USX1:Germany USX1:Germany USX1:Germany X:Chile USSX34:Brazil X:Argentina

Address

600 Grant Street, Pittsburgh, PA, USA, 15219-2800

Website

https://www.ussteel.com

United States Steel Corp operates primarily in the United States but also has a steelmaking capacity in Slovakia. The company's operating segments include North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment includes U. S. Steel's integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It primarily serves North American customers in the service center, conversion, transportation, construction, container, and appliance, and electrical markets.

Executives

Daniel R Brown	officer: SVP Adv. Tech. Steelmaking	600 GRANT STREET, SUITE 1844, C/O UNITED STATES STEEL CORPORATION, PITTSBURGH PA 15219
David B Burritt	officer: Exec. VP and CFO	600 GRANT STREET, SUITE 1500, PITTSBURGH PA 15219
Scott D Buckiso	officer: VP Euro Solutions & Pres USSK	600 GRANT STREET, PITTSBURGH PA 15219
Kenneth E Jaycox	officer: SVP & Chief Comm. Officer	600 GRANT STREET, SUITE 6100, PITTSBURGH PA 15219
James E. Bruno	officer: Sr VP, Automotive Solutions	600 GRANT STREET, PITTSBURGH PA 15219
Duane D Holloway	officer: SVP, GC, CCO & Corp. Sec	C/O UNITED STATES STEEL CORPORATION, 600 GRANT STREET, PITTSBURGH PA 15219
Alicia J. Davis	director	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Andrea J. Ayers	director	STANLEY BLACK & DECKER, IN., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Richard Fruehauf	officer: Deputy Gen Counsel - Corporate	600 GRANT STREET, PITTSBURGH PA 15219
Jessica Graziano	officer: SVP & Chief Financial Officer	C/O UNITED RENTALS, INC, 100 FIRST STAMFORD PL, STAMFORD CT 06902
Manpreet Grewal	officer: VP, Controller & CAO	600 GRANT STREET, PITTSBURGH PA 15219
Christine S Breves	officer: VP & Supply Chain Officer	600 GRANT STREET, SUITE 6100, PITTSBURGH PA 16059
Terry L Dunlap	director	1000 SIX PPG PLACE, PITTSBURGH PA 15222
Tracy A Atkinson	director	MFS INVESTMENT MANAGEMENT, 500 BOYLSTON ST., BOSTON MA 02116
Jeh C. Johnson	director	77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177