United Short Term Investments vs Total Assets Analysis

X Stock  USD 37.24  0.81  2.13%   
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 Short Term Investments and its Total Assets 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.

Short Term Investments vs Total Assets

Short Term Investments vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United States Steel Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between United States' Short Term Investments and Total Assets is -0.1. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Assets 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' Short Term Investments and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of United States Steel are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Term Investments i.e., United States' Short Term Investments and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of United States balance sheet. It contains any investments United States Steel undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that United States Steel can easily liquidate in the marketplace.

Total Assets

Total assets refers to the total amount of United States assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in United States Steel books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Profit5.7B4.3B235M223.3M
Total Revenue20.3B21.1B16.0B13.0B

United States fundamental ratios Correlations

0.710.310.890.690.75-0.030.590.970.20.590.620.80.520.640.540.450.730.470.890.170.740.820.09-0.260.69
0.71-0.050.650.240.430.450.320.69-0.060.320.390.60.640.520.370.450.740.160.630.320.240.520.05-0.110.95
0.31-0.050.110.790.79-0.320.610.40.570.61-0.10.18-0.06-0.160.120.01-0.010.960.10.010.760.14-0.14-0.210.08
0.890.650.110.510.57-0.010.480.76-0.130.480.760.770.470.80.690.490.720.290.960.340.560.880.02-0.440.5
0.690.240.790.510.92-0.440.880.70.580.880.170.660.030.120.350.430.210.830.55-0.10.880.6-0.27-0.240.33
0.750.430.790.570.92-0.10.750.790.440.750.320.560.370.310.360.310.490.90.560.070.920.540.0-0.340.51
-0.030.45-0.32-0.01-0.44-0.1-0.570.04-0.28-0.570.31-0.370.720.360.02-0.320.56-0.18-0.140.45-0.2-0.310.610.070.43
0.590.320.610.480.880.75-0.570.540.381.00.010.76-0.10.020.290.630.10.660.58-0.150.650.63-0.5-0.280.36
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
0.2-0.060.57-0.130.580.44-0.280.380.350.38-0.230.13-0.22-0.47-0.040.04-0.220.46-0.09-0.150.45-0.03-0.140.560.2
0.590.320.610.480.880.75-0.571.00.540.380.010.76-0.10.020.290.630.10.660.58-0.150.650.63-0.5-0.280.36
0.620.39-0.10.760.170.320.310.010.51-0.230.010.280.710.880.630.060.830.070.70.450.440.470.55-0.340.27
0.80.60.180.770.660.56-0.370.760.710.130.760.280.060.350.330.850.330.30.81-0.170.440.93-0.46-0.280.53
0.520.64-0.060.470.030.370.72-0.10.54-0.22-0.10.710.060.70.28-0.10.950.150.410.40.360.150.76-0.20.62
0.640.52-0.160.80.120.310.360.020.51-0.470.020.880.350.70.650.070.830.040.760.430.370.530.41-0.560.34
0.540.370.120.690.350.360.020.290.39-0.040.290.630.330.280.650.00.470.210.720.550.460.40.02-0.360.27
0.450.450.010.490.430.31-0.320.630.390.040.630.060.85-0.10.070.00.10.130.5-0.360.090.75-0.58-0.190.38
0.730.74-0.010.720.210.490.560.10.7-0.220.10.830.330.950.830.470.10.220.660.430.480.430.6-0.320.67
0.470.160.960.290.830.9-0.180.660.540.460.660.070.30.150.040.210.130.220.270.060.830.28-0.07-0.350.26
0.890.630.10.960.550.56-0.140.580.74-0.090.580.70.810.410.760.720.50.660.270.250.580.86-0.04-0.440.51
0.170.320.010.34-0.10.070.45-0.150.11-0.15-0.150.45-0.170.40.430.55-0.360.430.060.250.12-0.050.32-0.030.23
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
0.820.520.140.880.60.54-0.310.630.72-0.030.630.470.930.150.530.40.750.430.280.86-0.050.48-0.3-0.380.4
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
-0.26-0.11-0.21-0.44-0.24-0.340.07-0.28-0.120.56-0.28-0.34-0.28-0.2-0.56-0.36-0.19-0.32-0.35-0.44-0.03-0.3-0.380.070.07
0.690.950.080.50.330.510.430.360.730.20.360.270.530.620.340.270.380.670.260.510.230.320.40.090.07
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

Also Currently Popular

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.

Additional Tools for United Stock Analysis

When running United States' price analysis, check to measure United States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United States is operating at the current time. Most of United States' value examination focuses on studying past and present price action to predict the probability of United States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United States' price. Additionally, you may evaluate how the addition of United States to your portfolios can decrease your overall portfolio volatility.