United States Steel Corporation (X) - Total Assets
Based on the latest financial reports, United States Steel Corporation (X) holds total assets worth $20.08 Billion USD as of March 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See shareholders equity of United States Steel Corporation for net asset value and shareholders' equity analysis.
United States Steel Corporation - Total Assets Trend (1990–2024)
This chart illustrates how United States Steel Corporation's total assets have evolved over time, based on quarterly financial data.
United States Steel Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
United States Steel Corporation's total assets of $20.08 Billion consist of 25.9% current assets and 74.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.8% |
| Accounts Receivable | $1.40 Billion | 6.9% |
| Inventory | $2.17 Billion | 10.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $416.00 Million | 2.1% |
| Goodwill | $920.00 Million | 4.6% |
Asset Composition Trend (1990–2024)
This chart illustrates how United States Steel Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see X stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: United States Steel Corporation's current assets represent 25.9% of total assets in 2024, a decrease from 27.6% in 1990.
- Cash Position: Cash and equivalents constituted 6.8% of total assets in 2024, up from 1.3% in 1990.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 1990.
- Asset Diversification: The largest asset category is inventory at 10.7% of total assets.
United States Steel Corporation Competitors by Total Assets
Key competitors of United States Steel Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Worthington Steel Inc
NYSE:WS
|
USA | $2.15 Billion |
|
Fushun Special Steel Co Ltd
SHG:600399
|
China | CN¥12.73 Billion |
|
Tung Ho Steel Enterprise Corp
TW:2006
|
Taiwan | NT$51.74 Billion |
|
Labrador Iron Ore Royalty Corp
TO:LIF
|
Canada | CA$812.28 Million |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
|
Seah Steel Corp
KO:003030
|
Korea | ₩5.83 Trillion |
|
Vulcan Steel Ltd
AU:VSL
|
Australia | AU$1.08 Billion |
United States Steel Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.45 | 1.71 | 2.30 |
| Quick Ratio | 0.75 | 1.14 | 1.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.54 Billion | $2.67 Billion | $2.78 Billion |
United States Steel Corporation - Advanced Valuation Insights
This section examines the relationship between United States Steel Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.10 |
| Latest Market Cap to Assets Ratio | 0.61 |
| Asset Growth Rate (YoY) | -1.1% |
| Total Assets | $20.23 Billion |
| Market Capitalization | $12.42 Billion USD |
Valuation Analysis
Below Book Valuation: The market values United States Steel Corporation's assets below their book value (0.61x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: United States Steel Corporation's assets decreased by 1.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for United States Steel Corporation (1990–2024)
The table below shows the annual total assets of United States Steel Corporation from 1990 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $20.23 Billion | -1.06% |
| 2023-12-31 | $20.45 Billion | +5.10% |
| 2022-12-31 | $19.46 Billion | +9.22% |
| 2021-12-31 | $17.82 Billion | +47.74% |
| 2020-12-31 | $12.06 Billion | +3.57% |
| 2019-12-31 | $11.64 Billion | +6.02% |
| 2018-12-31 | $10.98 Billion | +11.36% |
| 2017-12-31 | $9.86 Billion | +7.66% |
| 2016-12-31 | $9.16 Billion | -1.78% |
| 2015-12-31 | $9.33 Billion | -24.27% |
| 2014-12-31 | $12.31 Billion | -3.97% |
| 2013-12-31 | $12.82 Billion | -15.85% |
| 2012-12-31 | $15.24 Billion | -5.11% |
| 2011-12-31 | $16.06 Billion | +4.63% |
| 2010-12-31 | $15.35 Billion | -0.47% |
| 2009-12-31 | $15.42 Billion | -4.39% |
| 2008-12-31 | $16.13 Billion | +3.19% |
| 2007-12-31 | $15.63 Billion | +47.67% |
| 2006-12-31 | $10.59 Billion | +7.78% |
| 2005-12-31 | $9.82 Billion | -10.35% |
| 2004-12-31 | $10.96 Billion | +39.78% |
| 2003-12-31 | $7.84 Billion | -1.74% |
| 2002-12-31 | $7.98 Billion | -4.32% |
| 2001-12-31 | $8.34 Billion | -4.29% |
| 2000-12-31 | $8.71 Billion | +15.76% |
| 1999-12-31 | $7.53 Billion | +12.43% |
| 1998-12-31 | $6.69 Billion | -0.01% |
| 1997-12-31 | $6.69 Billion | +1.73% |
| 1996-12-31 | $6.58 Billion | +0.90% |
| 1995-12-31 | $6.52 Billion | +0.63% |
| 1994-12-31 | $6.48 Billion | -2.06% |
| 1993-12-31 | $6.62 Billion | +5.84% |
| 1992-12-31 | $6.25 Billion | +11.09% |
| 1991-12-31 | $5.63 Billion | +0.81% |
| 1990-12-31 | $5.58 Billion | -- |
About United States Steel Corporation
United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore, pellets, pi… Read more