United States Enterprise Value vs Average Assets Analysis

X -- USA Stock  

Trending

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 Enterprise Value and its Average Assets accounts. See also Your Current Watchlist.

Enterprise Value vs Average Assets

Accounts Relationship

Enterprise Value vs Average Assets

Significance: Significant Contrarian Relationship

Enterprise Value diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of United States Steel Enterprise Value account and Average Assets

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Enterprise Value

Enterprise Value (or EV) is usually referred to as United States theoretical takeover price. In the event of an acquisition, an acquirer would have to take on United States Steel debt, but would also pocket its cash. Enterprise Value is more accurate representation of United States value than its market capitalization because it takes into account all of United States Steel Corporation existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as [MarketCap] plus [DebtUSD] minus [CashnEqUSD].

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from [Assets].
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