United Property Plant and Equipment Net vs Inventory Analysis

X Stock  USD 36.60  1.34  3.53%   
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 Property Plant And Equipment Net and its Inventory 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 tightly coupled with the direction of predictive economic indicators such as signals in interest.

Property Plant And Equipment Net vs Inventory

Property Plant and Equipment Net vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United States Steel Property Plant and Equipment Net account and Inventory. At this time, the significance of the direction appears to have weak relationship.
The correlation between United States' Property Plant and Equipment Net and Inventory is 0.31. Overlapping area represents the amount of variation of Property Plant and Equipment Net that can explain the historical movement of Inventory 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' Property Plant and Equipment Net and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant and Equipment Net of United States Steel are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Property Plant and Equipment Net i.e., United States' Property Plant and Equipment Net and Inventory go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Inventory

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 tightly coupled 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

0.710.310.890.690.75-0.030.590.970.20.590.620.80.520.640.540.470.730.470.890.170.740.820.09-0.260.69
0.71-0.050.650.240.430.450.320.69-0.060.320.390.60.640.520.370.490.740.160.630.320.240.520.05-0.110.95
0.31-0.050.110.790.79-0.320.610.40.570.61-0.10.18-0.06-0.160.12-0.01-0.010.960.10.010.760.14-0.14-0.210.08
0.890.650.110.510.57-0.010.480.76-0.130.480.760.770.470.80.690.530.720.290.960.340.560.880.02-0.440.5
0.690.240.790.510.92-0.440.880.70.580.880.170.660.030.120.350.420.210.830.55-0.10.880.6-0.27-0.240.33
0.750.430.790.570.92-0.10.750.790.440.750.320.560.370.310.360.320.490.90.560.070.920.540.0-0.340.51
-0.030.45-0.32-0.01-0.44-0.1-0.570.04-0.28-0.570.31-0.370.720.360.02-0.280.56-0.18-0.140.45-0.2-0.310.610.070.43
0.590.320.610.480.880.75-0.570.540.381.00.010.76-0.10.020.290.620.10.660.58-0.150.650.63-0.5-0.280.36
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
0.2-0.060.57-0.130.580.44-0.280.380.350.38-0.230.13-0.22-0.47-0.040.01-0.220.46-0.09-0.150.45-0.03-0.140.560.2
0.590.320.610.480.880.75-0.571.00.540.380.010.76-0.10.020.290.620.10.660.58-0.150.650.63-0.5-0.280.36
0.620.39-0.10.760.170.320.310.010.51-0.230.010.280.710.880.630.110.830.070.70.450.440.470.55-0.340.27
0.80.60.180.770.660.56-0.370.760.710.130.760.280.060.350.330.860.330.30.81-0.170.440.93-0.46-0.280.53
0.520.64-0.060.470.030.370.72-0.10.54-0.22-0.10.710.060.70.28-0.070.950.150.410.40.360.150.76-0.20.62
0.640.52-0.160.80.120.310.360.020.51-0.470.020.880.350.70.650.130.830.040.760.430.370.530.41-0.560.34
0.540.370.120.690.350.360.020.290.39-0.040.290.630.330.280.650.060.470.210.720.550.460.40.02-0.360.27
0.470.49-0.010.530.420.32-0.280.620.390.010.620.110.86-0.070.130.060.140.120.53-0.310.090.77-0.58-0.220.41
0.730.74-0.010.720.210.490.560.10.7-0.220.10.830.330.950.830.470.140.220.660.430.480.430.6-0.320.67
0.470.160.960.290.830.9-0.180.660.540.460.660.070.30.150.040.210.120.220.270.060.830.28-0.07-0.350.26
0.890.630.10.960.550.56-0.140.580.74-0.090.580.70.810.410.760.720.530.660.270.250.580.86-0.04-0.440.51
0.170.320.010.34-0.10.070.45-0.150.11-0.15-0.150.45-0.170.40.430.55-0.310.430.060.250.12-0.050.32-0.030.23
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
0.820.520.140.880.60.54-0.310.630.72-0.030.630.470.930.150.530.40.770.430.280.86-0.050.48-0.3-0.380.4
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
-0.26-0.11-0.21-0.44-0.24-0.340.07-0.28-0.120.56-0.28-0.34-0.28-0.2-0.56-0.36-0.22-0.32-0.35-0.44-0.03-0.3-0.380.070.07
0.690.950.080.50.330.510.430.360.730.20.360.270.530.620.340.270.410.670.260.510.230.320.40.090.07
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

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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.
When determining whether United States Steel offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United States' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United States Steel Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United States Steel Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in interest.
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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.
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Is United States' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United States. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United States listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.35)
Dividend Share
0.2
Earnings Share
3.56
Revenue Per Share
80.321
Quarterly Revenue Growth
(0.04)
The market value of United States Steel is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United States' market value can be influenced by many factors that don't directly affect United States' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.