United States Steel Corporation (X)
Debt-to-capital ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 11,347,000 | 11,047,000 | 10,218,000 | 9,010,000 | 3,786,000 |
Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $11,347,000K)
= 0.00
The debt-to-capital ratio of United States Steel Corporation has consistently remained at 0.00 from December 31, 2020, to December 31, 2024, indicating that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 signifies that the company's capital structure is entirely funded by equity rather than debt. This may suggest a conservative financial approach or a strong ability to generate internal funds for investments and operations. It also implies lower financial risk and less dependency on borrowed funds for the company's operations and growth.
Peer comparison
Dec 31, 2024