United States Steel Corporation (X)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $11,347,000K
= 0.00
The debt-to-equity ratio for United States Steel Corporation has consistently been 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company has no debt or a negligible amount of debt in comparison to its equity over this time period. A debt-to-equity ratio of 0.00 typically suggests that the company is not relying on borrowed funds to finance its operations and is primarily financed through equity. While this may signify financial stability and a lower financial risk due to the absence of debt obligations, it may also indicate missed opportunities for leveraging debt to potentially enhance returns on equity. Furthermore, a low (or zero) debt-to-equity ratio could imply limited tax shields and lower financial flexibility for the company compared to organizations with higher debt levels.
Peer comparison
Dec 31, 2024