Stock Analysis on Net
Stock Analysis on Net

United States Steel Corp. (NYSE:X)

This company has been moved to the archive! The financial data has not been updated since July 28, 2023.

Common-Size Balance Sheet: Assets

United States Steel Corp., common-size consolidated balance sheet: assets

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Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Cash and cash equivalents 18.01 14.16 16.46 6.45 9.11
Receivables, less allowance 7.63 11.05 7.58 8.24 13.07
Receivables from related parties 0.77 0.68 0.66 1.90 2.04
Receivables, less allowance 8.40% 11.73% 8.24% 10.14% 15.11%
Inventories 12.12 12.40 11.63 15.38 19.05
Other current assets 1.89 1.86 0.42 0.88 0.72
Current assets 40.43% 40.14% 36.75% 32.85% 43.98%
Long-term restricted cash 0.16 0.43 1.08 1.62 0.34
Equity method investments 4.16 3.70 9.45 10.96 4.42
Receivables due after one year, less allowance 0.11 0.17 0.28 1.65 0.22
Other 0.04 0.02 0.02 0.03 0.04
Investments and long-term receivables, less allowance 4.32% 3.90% 9.76% 12.63% 4.67%
Operating lease assets 0.75 1.04 1.77 1.98 0.00
Property, plant and equipment, net 43.64 40.72 45.14 46.92 44.30
Intangibles, net 2.46 2.91 1.07 1.29 1.44
Deferred income tax benefits 0.05 0.18 0.18 0.16 4.05
Goodwill 4.73 5.16 0.03 0.00 0.00
Other noncurrent assets 3.47 5.52 4.20 2.54 1.22
Noncurrent assets 59.57% 59.86% 63.25% 67.15% 56.02%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. United States Steel Corp. current assets as a percentage of total assets increased from 2020 to 2021 and from 2021 to 2022.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. United States Steel Corp. property, plant and equipment, net as a percentage of total assets decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. United States Steel Corp. noncurrent assets as a percentage of total assets decreased from 2020 to 2021 and from 2021 to 2022.