US Steel Balance Sheet - Quarterly (NYSE:X)

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$29.51 $0.48 (1.65%) X stock closing price Aug 16, 2018 (Closing)

The fundamental analysis of this company requires a thorough look at US Steel balance sheet. Financial strength can be guaged by performing US Steel stock analysis and by analyzing the balance sheet. A company releases its balance sheet every quarter along with its quarterly results. US Steel had a long term debt of $2.54B at the end of 2018 Q2. To understand the debt servicing capacity of the company, one needs to look at US Steel operating cash flow and US Steel revenue also. US Steel debt to equity ratio is 0.71.

View and download US Steel quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash1.23B1.37B1.55B1.69B1.52B1.33B1.52B1.45B820M705M
Marketable Securities----------
Receivables1.66B1.57B1.38B1.53B1.44B1.4B1.25B1.2B1.25B1.14B
Inventory1.85B1.82B1.74B1.74B1.73B1.72B1.57B1.74B1.68B1.8B
Raw Materials612M612M586M495M550M551M512M514M501M576M
Work In Progress832M827M796M837M789M773M686M813M767M819M
Finished Goods404M385M356M405M388M394M375M415M407M406M
Notes Receivable----------
Other Current Assets77M68M85M43M30M35M20M28M32M38M
Total Current Assets
4.81B4.83B4.76B5B4.72B4.48B4.36B4.41B3.78B3.68B
Property Plant & Equipment15.38B15.3B15.09B14.78B14.53B14.21B14.2B14.45B14.41B14.41B
Accumulated Depreciation10.98B10.94B10.81B10.67B10.52B10.33B10.22B10.24B10.11B10.01B
Net Property Plant & Equipment
4.4B4.36B4.28B4.11B4.01B3.88B3.98B4.22B4.31B4.4B
Investment & Advances498M491M480M470M548M533M528M538M534M540M
Other Non-Current Assets----------
Deferred Charges56M56M56M-4M4M6M6M14M7M
Intangibles162M165M167M169M171M173M175M177M193M195M
Deposits & Other Assets129M127M124M127M124M118M116M117M117M116M
Total Assets
10.06B10.03B9.86B9.88B9.58B9.19B9.16B9.47B8.94B8.94B
Notes Payable4M3M3M45M378M323M17M44M246M42M
Accounts Payable2.33B2.17B2.17B2.1B2.03B1.91B1.67B1.66B1.63B1.46B
Current Portion Long-Term Debt-----281M50M---
Current Portion Capital Leases----------
Accrued Expenses432M373M416M395M411M386M485M542M501M555M
Income Taxes Payable135M131M132M157M140M140M128M108M109M104M
Other Current Liabilities----------
Total Current Liabilities
2.9B2.96B2.72B2.65B2.75B2.72B2.33B2.4B2.32B2.19B
Mortgages----------
Deferred Taxes/Income317M329M361M403M371M362M357M383M386M407M
Convertible Debt----------
Long-Term Debt2.54B2.57B2.7B2.9B2.75B2.75B2.98B2.99B3.06B3.08B
Non-Current Capital Leases----------
Other Long-Term Liabilities692M728M759M1.12B1.15B1.18B1.22B1.1B1.26B1.32B
Total Liabilities
6.45B6.59B6.54B7.07B7.03B7.01B6.89B6.87B7.03B6.99B
Minority Interest----------
Preferred Stock----------
Common Stock Net177M177M176M176M176M176M176M176M151M151M
Capital Surplus3.9B3.9B3.93B3.94B3.94B3.97B4.03B4.09B3.56B3.59B
Retained Earnings347M142M133M-18M-165M-425M-250M-145M-197M-157M
Treasury Stock1M1M76M92M96M119M182M277M297M325M
Other Liabilities-817M-774M-844M-1.2B-1.3B-1.43B-1.5B-1.24B-1.3B-1.32B
Shareholders Equity3.61B3.44B3.32B2.81B2.56B2.17B2.28B2.6B1.91B1.94B
Total Liabilities & Shareholders Equity10.06B10.03B9.86B9.88B9.58B9.19B9.16B9.47B8.94B8.94B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the US Steel stock price by looking at US Steel historical stock prices. One can compare PE with industry average by looking at the US Steel PE ratio chart. The common balance sheet items are:

  • Assets: An asset is a resource that a corporation like US Steel owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for X stock as of 2018 Q2 is $10.06B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for US Steel is $6.45B. Shareholders equity comes under liabilities as it is money the company owes the holders of X stock.

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
1.66