Current Ratio
since 2005
Calculation
United States Steel Corp., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2022 | 1.99 | = | 7,866) | ÷ | 3,959) |
| Dec 31, 2021 | 1.86 | = | 7,152) | ÷ | 3,852) |
| Dec 31, 2020 | 1.67 | = | 4,432) | ÷ | 2,656) |
| Dec 31, 2019 | 1.45 | = | 3,813) | ÷ | 2,625) |
| Dec 31, 2018 | 1.51 | = | 4,830) | ÷ | 3,197) |
| Dec 31, 2017 | 1.75 | = | 4,755) | ÷ | 2,721) |
| Dec 31, 2016 | 1.87 | = | 4,356) | ÷ | 2,331) |
| Dec 31, 2015 | 1.82 | = | 3,917) | ÷ | 2,148) |
| Dec 31, 2014 | 1.80 | = | 6,431) | ÷ | 3,569) |
| Dec 31, 2013 | 1.87 | = | 6,078) | ÷ | 3,245) |
| Dec 31, 2012 | 1.80 | = | 5,374) | ÷ | 2,990) |
| Dec 31, 2011 | 1.58 | = | 5,774) | ÷ | 3,649) |
| Dec 31, 2010 | 1.69 | = | 5,304) | ÷ | 3,147) |
| Dec 31, 2009 | 2.03 | = | 5,015) | ÷ | 2,474) |
| Dec 31, 2008 | 2.06 | = | 5,732) | ÷ | 2,778) |
| Dec 31, 2007 | 1.65 | = | 4,959) | ÷ | 3,003) |
| Dec 31, 2006 | 1.92 | = | 5,196) | ÷ | 2,702) |
| Dec 31, 2005 | 1.76 | = | 4,831) | ÷ | 2,749) |
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), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
United States Steel Corp., current ratio, long-term trends, comparison to competitors
| United States Steel Corp. | Freeport-McMoRan Inc. | |
|---|---|---|
| Dec 31, 2022 | 1.99 | 2.46 |
| Dec 31, 2021 | 1.86 | 2.52 |
| Dec 31, 2020 | 1.67 | 2.72 |
| Dec 31, 2019 | 1.45 | 2.47 |
| Dec 31, 2018 | 1.51 | 3.22 |
| Dec 31, 2017 | 1.75 | 2.14 |
| Dec 31, 2016 | 1.87 | 2.45 |
| Dec 31, 2015 | 1.82 | 1.73 |
| Dec 31, 2014 | 1.80 | 1.75 |
| Dec 31, 2013 | 1.87 | 2.09 |
| Dec 31, 2012 | 1.80 | 3.08 |
| Dec 31, 2011 | 1.58 | 3.42 |
| Dec 31, 2010 | 1.69 | 2.62 |
| Dec 31, 2009 | 2.03 | 2.48 |
| Dec 31, 2008 | 2.06 | 1.66 |
| Dec 31, 2007 | 1.65 | 1.53 |
| Dec 31, 2006 | 1.92 | 2.21 |
| Dec 31, 2005 | 1.76 | 1.48 |
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), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Materials)
United States Steel Corp., current ratio, long-term trends, comparison to industry (materials)
| United States Steel Corp. | Materials | |
|---|---|---|
| Dec 31, 2022 | 1.99 | 1.26 |
| Dec 31, 2021 | 1.86 | 1.28 |
| Dec 31, 2020 | 1.67 | 1.18 |
| Dec 31, 2019 | 1.45 | 1.19 |
| Dec 31, 2018 | 1.51 | 1.72 |
| Dec 31, 2017 | 1.75 | 1.69 |
| Dec 31, 2016 | 1.87 | 1.97 |
| Dec 31, 2015 | 1.82 | 1.63 |
| Dec 31, 2014 | 1.80 | 1.55 |
| Dec 31, 2013 | 1.87 | 1.73 |
| Dec 31, 2012 | 1.80 | 2.25 |
| Dec 31, 2011 | 1.58 | 2.31 |
| Dec 31, 2010 | 1.69 | 2.08 |
| Dec 31, 2009 | 2.03 | 2.01 |
| Dec 31, 2008 | 2.06 | 1.23 |
| Dec 31, 2007 | 1.65 | 1.27 |
| Dec 31, 2006 | 1.92 | 1.54 |
| Dec 31, 2005 | 1.76 | 1.23 |
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), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).