US Steel Balance Sheet - Annual (NYSE:X)

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$29.03 $0.94 (3.14%) X stock closing price Aug 15, 2018 (Closing)

The US Steel balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. As in our US Steel stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Annual results are typically accompanied with the company releasing financial statements. US Steel balance sheet indicates an asset turnover ratio of 1.44 and debt to equity ratio of 0.71. Also check US Steel revenue and US Steel operating cash flow for the same period.

View latest 10 year balance sheet data to check US Steel financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash1.55B1.52B755M1.35B604M570M408M578M1.22B724M
Marketable Securities----------
Receivables1.38B1.25B1.06B1.94B2.16B2.09B2.43B2.2B1.78B2.29B
Inventory1.74B1.57B2.07B2.5B2.69B2.5B2.78B2.35B1.68B2.49B
Raw Materials586M512M841M880M1.11B1.05B1.27B1.05B602M1.42B
Work In Progress796M686M841M1.05B1.02B883M953M851M741M552M
Finished Goods356M375M392M563M558M573M548M449M336M518M
Notes Receivable----------
Other Current Assets85M20M25M639M626M211M158M176M337M228M
Total Current Assets
4.76B4.36B3.92B6.43B6.08B5.37B5.77B5.3B5.02B5.73B
Property Plant & Equipment15.09B14.2B14.25B15.14B16.8B16.91B16.57B15.89B16.03B15.35B
Accumulated Depreciation10.81B10.22B9.84B10.57B10.88B10.5B9.99B9.4B9.21B8.67B
Net Property Plant & Equipment
4.28B3.98B4.41B4.57B5.92B6.41B6.58B6.49B6.82B6.68B
Investment & Advances480M528M540M577M621M609M683M670M695M695M
Other Non-Current Assets---362M------
Deferred Charges56M6M15M46M16M424M649M515M535M682M
Intangibles167M175M196M204M275M2.08B2.05B2.04B2.01B1.89B
Deposits & Other Assets124M116M111M120M231M327M343M340M351M411M
Total Assets
9.86B9.16B9.19B12.31B13.14B15.22B16.07B15.35B15.42B16.09B
Notes Payable3M-45M378M323M17M44M246M42M92M
Accounts Payable2.17B1.67B1.49B2B1.75B1.8B2.06B1.8B1.46B1.48B
Current Portion Long-Term Debt-50M--------
Current Portion Capital Leases----------
Accrued Expenses416M485M511M1.06B1.03B1.03B1.04B981M886M1B
Income Taxes Payable132M128M99M134M140M146M118M116M89M203M
Other Current Liabilities------380M---
Total Current Liabilities
2.72B2.33B2.15B3.57B3.25B2.99B3.65B3.15B2.47B2.78B
Mortgages----------
Deferred Taxes/Income361M357M388M708M869M397M495M469M481M419M
Convertible Debt----------
Long-Term Debt2.7B2.98B3.12B3.12B3.62B3.94B3.83B3.52B3.35B3.06B
Non-Current Capital Leases----------
Other Long-Term Liabilities759M1.22B1.1B1.12B2.06B4.42B4.6B4.37B4.14B4.77B
Total Liabilities
6.54B6.89B6.75B8.51B9.79B11.74B12.57B11.5B10.44B11.19B
Minority Interest---------164M
Preferred Stock----------
Common Stock Net176M176M151M151M151M151M151M151M151M124M
Capital Surplus3.93B4.03B3.6B3.62B3.67B3.65B3.65B3.65B3.65B2.99B
Retained Earnings133M-250M190M1.86B1.76B3.46B3.62B3.7B4.21B5.67B
Treasury Stock76M182M339M396M480M521M550M580M608M612M
Other Liabilities-844M-1.5B-1.17B-1.44B-1.75B-3.27B-3.37B-3.07B-2.43B-3.27B
Shareholders Equity3.32B2.28B2.44B3.8B3.35B3.48B3.5B3.85B4.98B4.9B
Total Liabilities & Shareholders Equity9.86B9.16B9.19B12.31B13.14B15.22B16.07B15.35B15.42B16.09B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at US Steel historical stock prices and the current US Steel stock price can tell you how the stock price has moved, whereas the US Steel PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: An asset is a resource that a corporation like US Steel owns and has monetary significance. X assets grew from $9.16B in 2016 to $9.86B in 2017. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: The total liabilities of US Steel for the year 2017 total to $6.54B. Liabilities for a company like US Steel include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

US Steel Balance Sheet - Key Ratios

Current ratio
1.66
Debt to equity ratio
0.71
Asset turnover ratio
1.44
Receivables turnover
8.68
Price to book ratio
1.69