United States Steel Corporation (X)

Debt-to-assets ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Long-term debt	US$ in thousands	—	—	—	—	—
Total assets	US$ in thousands	20,235,000	20,451,000	19,458,000	17,816,000	12,059,000
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $20,235,000K
= 0.00

The debt-to-assets ratio for United States Steel Corporation has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are fully financed by equity, which can be seen as a positive signal of financial stability and lower financial risk. It indicates that the company may have a strong capital structure and may not be heavily reliant on debt financing to support its operations and investments.