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 Total Liab 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 closely tied with the direction of predictive economic indicators such as
signals in interest.
Total Liab vs Capital Stock
Total Liab 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 Liab account and
Capital Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between United States' Total Liab and Capital Stock is 0.16. Overlapping area represents the amount of variation of Total Liab 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 Liab 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 Liab 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 Liab i.e., United States' Total Liab and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 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.
United States fundamental ratios Correlations
Click cells to compare fundamentals
United States Account Relationship Matchups
High Positive Relationship
High Negative Relationship
United States fundamental ratios Accounts
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