United Total Current Assets vs Capital Stock Analysis

X Stock  USD 37.42  0.25  0.67%   
United States financial indicator trend analysis is much more than just breaking down United States Steel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United States Steel is a good investment. Please check the relationship between United States Total Current Assets and its Capital Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in United States Steel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

Total Current Assets vs Capital Stock

Total Current Assets vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United States Steel Total Current Assets account and Capital Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between United States' Total Current Assets and Capital Stock is 0.56. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Capital Stock in the same time period over historical financial statements of United States Steel, assuming nothing else is changed. The correlation between historical values of United States' Total Current Assets and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of United States Steel are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Current Assets i.e., United States' Total Current Assets and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.
Most indicators from United States' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United States Steel current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in United States Steel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
Sales General And Administrative To Revenue is likely to rise to 0.04 in 2024, whereas Selling General Administrative is likely to drop slightly above 388.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.7B4.3B235M223.3M
Total Revenue20.3B21.1B16.0B13.0B

United States fundamental ratios Correlations

0.710.310.890.690.75-0.030.590.970.20.590.620.80.520.640.540.470.730.470.890.170.740.820.09-0.260.69
0.71-0.050.650.240.430.450.320.69-0.060.320.390.60.640.520.370.490.740.160.630.320.240.520.05-0.110.95
0.31-0.050.110.790.79-0.320.610.40.570.61-0.10.18-0.06-0.160.12-0.01-0.010.960.10.010.760.14-0.14-0.210.08
0.890.650.110.510.57-0.010.480.76-0.130.480.760.770.470.80.690.530.720.290.960.340.560.880.02-0.440.5
0.690.240.790.510.92-0.440.880.70.580.880.170.660.030.120.350.420.210.830.55-0.10.880.6-0.27-0.240.33
0.750.430.790.570.92-0.10.750.790.440.750.320.560.370.310.360.320.490.90.560.070.920.540.0-0.340.51
-0.030.45-0.32-0.01-0.44-0.1-0.570.04-0.28-0.570.31-0.370.720.360.02-0.280.56-0.18-0.140.45-0.2-0.310.610.070.43
0.590.320.610.480.880.75-0.570.540.381.00.010.76-0.10.020.290.620.10.660.58-0.150.650.63-0.5-0.280.36
0.970.690.40.760.70.790.040.540.350.540.510.710.540.510.390.390.70.540.740.110.760.720.15-0.120.73
0.2-0.060.57-0.130.580.44-0.280.380.350.38-0.230.13-0.22-0.47-0.040.01-0.220.46-0.09-0.150.45-0.03-0.140.560.2
0.590.320.610.480.880.75-0.571.00.540.380.010.76-0.10.020.290.620.10.660.58-0.150.650.63-0.5-0.280.36
0.620.39-0.10.760.170.320.310.010.51-0.230.010.280.710.880.630.110.830.070.70.450.440.470.55-0.340.27
0.80.60.180.770.660.56-0.370.760.710.130.760.280.060.350.330.860.330.30.81-0.170.440.93-0.46-0.280.53
0.520.64-0.060.470.030.370.72-0.10.54-0.22-0.10.710.060.70.28-0.070.950.150.410.40.360.150.76-0.20.62
0.640.52-0.160.80.120.310.360.020.51-0.470.020.880.350.70.650.130.830.040.760.430.370.530.41-0.560.34
0.540.370.120.690.350.360.020.290.39-0.040.290.630.330.280.650.060.470.210.720.550.460.40.02-0.360.27
0.470.49-0.010.530.420.32-0.280.620.390.010.620.110.86-0.070.130.060.140.120.53-0.310.090.77-0.58-0.220.41
0.730.74-0.010.720.210.490.560.10.7-0.220.10.830.330.950.830.470.140.220.660.430.480.430.6-0.320.67
0.470.160.960.290.830.9-0.180.660.540.460.660.070.30.150.040.210.120.220.270.060.830.28-0.07-0.350.26
0.890.630.10.960.550.56-0.140.580.74-0.090.580.70.810.410.760.720.530.660.270.250.580.86-0.04-0.440.51
0.170.320.010.34-0.10.070.45-0.150.11-0.15-0.150.45-0.170.40.430.55-0.310.430.060.250.12-0.050.32-0.030.23
0.740.240.760.560.880.92-0.20.650.760.450.650.440.440.360.370.460.090.480.830.580.120.480.18-0.30.32
0.820.520.140.880.60.54-0.310.630.72-0.030.630.470.930.150.530.40.770.430.280.86-0.050.48-0.3-0.380.4
0.090.05-0.140.02-0.270.00.61-0.50.15-0.14-0.50.55-0.460.760.410.02-0.580.6-0.07-0.040.320.18-0.30.070.09
-0.26-0.11-0.21-0.44-0.24-0.340.07-0.28-0.120.56-0.28-0.34-0.28-0.2-0.56-0.36-0.22-0.32-0.35-0.44-0.03-0.3-0.380.070.07
0.690.950.080.50.330.510.430.360.730.20.360.270.530.620.340.270.410.670.260.510.230.320.40.090.07
Click cells to compare fundamentals

United States Account Relationship Matchups

United States fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.6B12.1B17.8B19.5B20.5B11.9B
Short Long Term Debt Total3.8B5.1B4.0B4.1B4.3B2.8B
Other Current Liab221M272M491M870M3.6B3.8B
Total Current Liabilities2.7B2.7B3.9B4.0B3.9B2.6B
Total Stockholder Equity4.1B3.8B9.0B10.2B11.0B11.6B
Property Plant And Equipment Net5.7B5.7B7.4B8.6B10.5B11.0B
Net Debt3.1B3.1B1.5B578M1.4B1.9B
Cash749M2.0B2.5B3.5B2.9B3.1B
Non Current Assets Total7.8B7.6B10.7B11.6B13.4B7.6B
Non Currrent Assets Other530M641M1.1B706M889M1.0B
Cash And Short Term Investments749M2.0B2.5B3.5B2.9B3.1B
Net Receivables1.2B994M2.1B1.6B1.5B1.4B
Common Stock Shares Outstanding171.4M196.7M280.4M277.0M255.4M143.2M
Liabilities And Stockholders Equity11.6B12.1B17.8B19.5B20.5B11.9B
Non Current Liabilities Total4.9B5.5B4.9B5.2B5.4B5.5B
Inventory1.8B1.4B2.2B2.4B2.1B1.7B
Other Current Assets102M51M331M368M319M210.6M
Other Stockholder Equity3.8B3.8B4.2B4.9B4.0B3.4B
Total Liab7.6B8.2B8.7B9.1B9.3B8.1B
Property Plant And Equipment Gross5.7B5.7B7.4B8.6B24.1B25.3B
Total Current Assets3.8B4.4B7.2B7.9B6.9B4.3B
Short Term Debt14M192M28M63M186M113.7M
Retained Earnings544M(623M)3.5B6.0B6.9B7.2B
Accounts Payable2.1B1.9B2.9B3.0B2.9B1.6B
Accumulated Other Comprehensive Income(478M)(47M)331M(85M)46M48.3M
Other Liab1.1B666M862M1.2B1.1B2.1B
Other Assets696M2.1B1.1B716M75M71.3M
Long Term Debt3.6B4.7B3.9B3.9B4.1B3.2B
Common Stock Total Equity179M229M280M283M254.7M186.8M
Common Stock179M229M280M283M286M188.5M
Property Plant Equipment5.4B5.4B7.4B8.5B9.8B5.7B
Current Deferred Revenue383M308M425M10M(2.8B)(2.6B)
Intangible Assets150M129M519M478M361M267.0M
Treasury Stock(173M)(175M)(334M)(1.2B)(1.4B)(1.3B)
Net Tangible Assets3.9B3.7B7.6B8.8B10.1B10.7B
Retained Earnings Total Equity544M(623M)3.5B6.0B5.4B5.7B
Long Term Debt Total3.6B4.7B3.9B3.9B4.5B3.8B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether United States Steel offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United States' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United States Steel Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United States Steel Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in United States Steel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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Is United States' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United States. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United States listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.35)
Dividend Share
0.2
Earnings Share
3.56
Revenue Per Share
80.321
Quarterly Revenue Growth
(0.04)
The market value of United States Steel is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United States' market value can be influenced by many factors that don't directly affect United States' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.