United States Steel Corporation (X)

Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $11,347,000K
= 0.00

The debt-to-equity ratio of United States Steel Corporation has consistently been reported as 0.00 for all quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period and has relied solely on equity to fund its activities. A debt-to-equity ratio of 0.00 suggests that the company's financial structure is less leveraged and relatively low-risk, as there is no debt burden to service. However, it is also important to consider that a low debt-to-equity ratio may imply missed opportunities for leveraging financial resources to potentially enhance returns for shareholders.