United States Steel Corporation (X)

Debt-to-assets ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	US$ in thousands	20,235,000	20,633,000	20,416,000	20,448,000	20,451,000	20,395,000	20,309,000	19,540,000	19,458,000	19,958,000	19,858,000	19,224,000	17,816,000	17,333,000	16,084,000	14,689,000	12,059,000	11,731,000	12,551,000	12,366,000
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	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 been at 0.00 for the periods spanning from March 31, 2020, to December 31, 2024. This indicates that the company has not had any debt relative to its total assets during this period. This could suggest that United States Steel Corporation has been funding its operations primarily through equity and retained earnings rather than relying on debt financing. A low or zero debt-to-assets ratio can be seen as a positive financial indicator as it signifies lower financial risk and potentially greater financial flexibility for the company. However, it is important to consider other financial metrics and factors to assess the overall financial health and performance of the company.