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 Long Term Debt Total and its Net Tangible 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.
Long Term Debt Total vs Net Tangible Assets
Long Term Debt Total vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
United States Steel Long Term Debt Total account and
Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between United States' Long Term Debt Total and Net Tangible Assets is 0.4. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Net Tangible 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' Long Term Debt Total and Net Tangible 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 Long Term Debt Total of United States Steel are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt Total i.e., United States' Long Term Debt Total and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt Total
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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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