United States Steel Corporation (X)

Debt-to-capital 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 stockholders’ equity	US$ in thousands	11,347,000	11,578,000	11,393,000	11,199,000	11,047,000	11,004,000	10,725,000	10,302,000	10,218,000	10,437,000	10,198,000	9,698,000	9,010,000	7,916,000	5,851,000	4,627,000	3,786,000	3,449,000	3,617,000	3,725,000
Debt-to-capital 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-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 been at 0.00% based on the data provided from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00% indicates that the company has not used any debt to finance its operations or investments relative to its total capital structure. This could reflect a conservative financial strategy, where the company relies more on equity financing rather than debt financing. It also suggests a strong financial position, indicating low financial risk and potential stability in the face of economic challenges. However, while a low debt-to-capital ratio is generally favorable, it is important to consider the overall context of the company's financial health and performance to assess the implications of such a ratio.