United Other Assets vs Cash Analysis

X Stock  USD 39.03  1.48  3.65%   
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 Other Assets and its Cash 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 closely tied with the direction of predictive economic indicators such as signals in interest.

Other Assets vs Cash

Other Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United States Steel Other Assets account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between United States' Other Assets and Cash is -0.28. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash 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' Other Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of United States Steel are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Assets i.e., United States' Other Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Cash

Cash refers to the most liquid asset of United States Steel, which is listed under current asset account on United States Steel balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from United States customers. The amounts must be unrestricted with restricted cash listed in a different United States account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 closely tied 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 Profit5.7B4.3B2.3B1.5B
Total Revenue20.3B21.1B18.1B13.1B

United States fundamental ratios Correlations

0.710.260.890.690.75-0.030.590.970.190.590.620.80.520.640.540.450.730.470.890.240.740.790.09-0.260.69
0.71-0.130.650.240.430.450.320.69-0.060.320.390.60.640.520.370.450.740.160.630.450.240.480.05-0.110.95
0.26-0.130.00.710.5-0.560.590.350.890.59-0.230.29-0.36-0.410.030.14-0.280.530.07-0.080.540.06-0.310.410.07
0.890.650.00.510.57-0.010.480.76-0.130.480.760.770.470.80.690.490.720.290.960.370.560.890.02-0.440.5
0.690.240.710.510.92-0.440.880.70.580.880.170.660.030.120.350.430.210.830.55-0.030.880.55-0.27-0.240.33
0.750.430.50.570.92-0.10.750.790.430.750.320.560.370.310.360.310.490.90.560.120.920.50.0-0.340.51
-0.030.45-0.56-0.01-0.44-0.1-0.570.04-0.28-0.570.31-0.370.720.360.02-0.320.56-0.18-0.140.44-0.2-0.280.610.070.43
0.590.320.590.480.880.75-0.570.540.381.00.010.76-0.10.020.290.630.10.660.58-0.040.650.57-0.5-0.280.36
0.970.690.350.760.70.790.040.540.340.540.510.710.540.510.390.390.690.540.740.180.760.670.15-0.130.73
0.19-0.060.89-0.130.580.43-0.280.380.340.38-0.230.13-0.22-0.47-0.040.04-0.220.46-0.1-0.070.45-0.13-0.140.560.19
0.590.320.590.480.880.75-0.571.00.540.380.010.76-0.10.020.290.630.10.660.58-0.040.650.57-0.5-0.280.36
0.620.39-0.230.760.170.320.310.010.51-0.230.010.280.710.880.630.060.830.070.70.380.440.520.55-0.340.27
0.80.60.290.770.660.56-0.370.760.710.130.760.280.060.350.330.850.330.30.81-0.050.440.88-0.46-0.280.53
0.520.64-0.360.470.030.370.72-0.10.54-0.22-0.10.710.060.70.28-0.10.950.150.410.390.360.170.76-0.20.62
0.640.52-0.410.80.120.310.360.020.51-0.470.020.880.350.70.650.070.830.040.760.370.370.580.41-0.560.34
0.540.370.030.690.350.360.020.290.39-0.040.290.630.330.280.650.00.470.210.720.520.460.410.02-0.360.27
0.450.450.140.490.430.31-0.320.630.390.040.630.060.85-0.10.070.00.10.130.5-0.230.090.71-0.58-0.190.38
0.730.74-0.280.720.210.490.560.10.69-0.220.10.830.330.950.830.470.10.220.660.430.480.450.6-0.320.67
0.470.160.530.290.830.9-0.180.660.540.460.660.070.30.150.040.210.130.220.270.10.830.26-0.07-0.350.26
0.890.630.070.960.550.56-0.140.580.74-0.10.580.70.810.410.760.720.50.660.270.290.580.85-0.04-0.440.51
0.240.45-0.080.37-0.030.120.44-0.040.18-0.07-0.040.38-0.050.390.370.52-0.230.430.10.290.120.00.220.060.37
0.740.240.540.560.880.92-0.20.650.760.450.650.440.440.360.370.460.090.480.830.580.120.450.18-0.30.32
0.790.480.060.890.550.5-0.280.570.67-0.130.570.520.880.170.580.410.710.450.260.850.00.45-0.25-0.460.32
0.090.05-0.310.02-0.270.00.61-0.50.15-0.14-0.50.55-0.460.760.410.02-0.580.6-0.07-0.040.220.18-0.250.070.09
-0.26-0.110.41-0.44-0.24-0.340.07-0.28-0.130.56-0.28-0.34-0.28-0.2-0.56-0.36-0.19-0.32-0.35-0.440.06-0.3-0.460.070.07
0.690.950.070.50.330.510.430.360.730.190.360.270.530.620.340.270.380.670.260.510.370.320.320.090.07
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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 Liab221M527M767M829M799M839.0M
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 Total7.8B7.6B10.7B11.6B13.5B7.6B
Non Currrent Assets Other530M641M1.1B706M870M1.0B
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 Debt14M310M70M87M230M121.1M
Retained Earnings544M(623M)3.5B6.0B6.9B7.2B
Accounts Payable2.1B1.7B2.7B2.8B2.7B1.6B
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 Assets150M129M519M478M436M270.9M
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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