United States Steel Corporation (X) — Working Capital to Net Assets Ratio
United States Steel Corporation (X) has a Working Capital to Net Assets ratio of 9.6% as of March 2025. Working capital of $1.54 Billion (current assets of $4.94 Billion minus current liabilities of $3.40 Billion) is measured against net assets of $16.01 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See X days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
United States Steel Corporation Working Capital to Net Assets (1990–2024)
This chart shows how United States Steel Corporation's Working Capital to Net Assets ratio has evolved across 35 annual periods from 1990 to 2024. As of March 2025, the ratio stands at 9.6%, reflecting working capital of $1.54 Billion against net assets of $16.01 Billion USD. For the complete balance sheet picture, see United States Steel Corporation (X) total assets.
Annual Working Capital to Net Assets for United States Steel Corporation (1990–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for United States Steel Corporation from 1990 to 2024, covering 35 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check United States Steel Corporation (X) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 16.3% | $1.86 Billion | $11.44 Billion | $5.23 Billion | $3.37 Billion | ▼ -10.6 pp |
| 2023 | 26.9% | $3.00 Billion | $11.14 Billion | $6.94 Billion | $3.95 Billion | ▼ -11.0 pp |
| 2022 | 37.9% | $3.91 Billion | $10.31 Billion | $7.87 Billion | $3.96 Billion | ▲ +1.6 pp |
| 2021 | 36.3% | $3.30 Billion | $9.10 Billion | $7.15 Billion | $3.85 Billion | ▼ -9.5 pp |
| 2020 | 45.8% | $1.78 Billion | $3.88 Billion | $4.43 Billion | $2.66 Billion | ▲ +17.8 pp |
| 2019 | 28.0% | $1.14 Billion | $4.08 Billion | $3.81 Billion | $2.67 Billion | ▼ -10.9 pp |
| 2018 | 38.9% | $1.63 Billion | $4.20 Billion | $4.83 Billion | $3.20 Billion | ▼ -22.4 pp |
| 2017 | 61.2% | $2.03 Billion | $3.32 Billion | $4.75 Billion | $2.72 Billion | ▼ -27.8 pp |
| 2016 | 89.0% | $2.02 Billion | $2.27 Billion | $4.36 Billion | $2.33 Billion | ▲ +19.0 pp |
| 2015 | 70.0% | $1.78 Billion | $2.55 Billion | $3.95 Billion | $2.16 Billion | ▼ -5.3 pp |
| 2014 | 75.3% | $2.86 Billion | $3.80 Billion | $6.43 Billion | $3.57 Billion | ▼ -6.8 pp |
| 2013 | 82.1% | $2.44 Billion | $2.98 Billion | $5.76 Billion | $3.31 Billion | ▲ +13.5 pp |
| 2012 | 68.5% | $2.38 Billion | $3.48 Billion | $5.37 Billion | $2.99 Billion | ▲ +8.0 pp |
| 2011 | 60.6% | $2.11 Billion | $3.49 Billion | $5.76 Billion | $3.65 Billion | ▲ +2.7 pp |
| 2010 | 57.8% | $2.23 Billion | $3.85 Billion | $5.38 Billion | $3.15 Billion | ▲ +5.3 pp |
| 2009 | 52.5% | $2.62 Billion | $4.98 Billion | $5.01 Billion | $2.40 Billion | ▼ -7.6 pp |
| 2008 | 60.1% | $2.95 Billion | $4.91 Billion | $5.74 Billion | $2.78 Billion | ▲ +25.3 pp |
| 2007 | 34.8% | $1.96 Billion | $5.62 Billion | $4.96 Billion | $3.00 Billion | ▼ -21.8 pp |
| 2006 | 56.6% | $2.49 Billion | $4.40 Billion | $5.20 Billion | $2.70 Billion | ▼ -5.4 pp |
| 2005 | 62.0% | $2.08 Billion | $3.36 Billion | $4.83 Billion | $2.75 Billion | ▲ +19.2 pp |
| 2004 | 42.8% | $1.71 Billion | $4.00 Billion | $4.24 Billion | $2.53 Billion | ▼ -46.6 pp |
| 2003 | 89.4% | $977.00 Million | $1.09 Billion | $3.11 Billion | $2.13 Billion | ▲ +36.7 pp |
| 2002 | 52.7% | $1.07 Billion | $2.03 Billion | $2.44 Billion | $1.37 Billion | ▲ +20.2 pp |
| 2001 | 32.5% | $814.00 Million | $2.51 Billion | $2.07 Billion | $1.26 Billion | ▼ -36.5 pp |
| 2000 | 69.0% | $1.33 Billion | $1.92 Billion | $2.72 Billion | $1.39 Billion | ▲ +38.0 pp |
| 1999 | 31.0% | $715.00 Million | $2.31 Billion | $1.98 Billion | $1.27 Billion | ▲ +20.0 pp |
| 1998 | 11.1% | $259.00 Million | $2.34 Billion | $1.27 Billion | $1.02 Billion | ▲ +1.4 pp |
| 1997 | 9.7% | $197.00 Million | $2.03 Billion | $1.53 Billion | $1.33 Billion | ▲ +1.8 pp |
| 1996 | 7.9% | $129.00 Million | $1.63 Billion | $1.43 Billion | $1.30 Billion | ▲ +13.2 pp |
| 1995 | -5.3% | $-75.00 Million | $1.41 Billion | $1.44 Billion | $1.52 Billion | ▼ -56.2 pp |
| 1994 | 50.8% | $513.00 Million | $1.01 Billion | $1.78 Billion | $1.27 Billion | ▲ +58.3 pp |
| 1993 | -7.5% | $-46.00 Million | $617.00 Million | $1.57 Billion | $1.62 Billion | ▼ -30.9 pp |
| 1992 | 23.5% | $58.00 Million | $247.00 Million | $1.32 Billion | $1.26 Billion | ▲ +17.6 pp |
| 1991 | 5.9% | $99.00 Million | $1.69 Billion | $1.29 Billion | $1.19 Billion | ▼ -17.4 pp |
| 1990 | 23.2% | $521.00 Million | $2.24 Billion | $1.54 Billion | $1.02 Billion | — |