United Short Long Term Debt Total vs Accounts Payable Analysis

X Stock  USD 40.45  0.82  2.07%   
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 Long Term Debt Total and its Accounts Payable 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 Long Term Debt Total vs Accounts Payable

Short Long Term Debt Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United States Steel Short Long Term Debt Total account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between United States' Short Long Term Debt Total and Accounts Payable is 0.48. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Accounts Payable 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 Long Term Debt Total and Accounts Payable 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 Long Term Debt Total of United States Steel are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Long Term Debt Total i.e., United States' Short Long Term Debt Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Short Long Term Debt Total

Accounts Payable

An accounting item on the balance sheet that represents United States obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of United States Steel are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Profit5.7B4.3B2.3B1.5B
Total Revenue20.3B21.1B18.1B13.1B

United States fundamental ratios Correlations

0.710.260.890.690.75-0.030.590.970.190.590.620.80.520.640.540.450.730.470.890.240.740.790.09-0.260.69
0.71-0.130.650.240.430.450.320.69-0.060.320.390.60.640.520.370.450.740.160.630.450.240.480.05-0.110.95
0.26-0.130.00.710.5-0.560.590.350.890.59-0.230.29-0.36-0.410.030.14-0.280.530.07-0.080.540.06-0.310.410.07
0.890.650.00.510.57-0.010.480.76-0.130.480.760.770.470.80.690.490.720.290.960.370.560.890.02-0.440.5
0.690.240.710.510.92-0.440.880.70.580.880.170.660.030.120.350.430.210.830.55-0.030.880.55-0.27-0.240.33
0.750.430.50.570.92-0.10.750.790.430.750.320.560.370.310.360.310.490.90.560.120.920.50.0-0.340.51
-0.030.45-0.56-0.01-0.44-0.1-0.570.04-0.28-0.570.31-0.370.720.360.02-0.320.56-0.18-0.140.44-0.2-0.280.610.070.43
0.590.320.590.480.880.75-0.570.540.381.00.010.76-0.10.020.290.630.10.660.58-0.040.650.57-0.5-0.280.36
0.970.690.350.760.70.790.040.540.340.540.510.710.540.510.390.390.690.540.740.180.760.670.15-0.130.73
0.19-0.060.89-0.130.580.43-0.280.380.340.38-0.230.13-0.22-0.47-0.040.04-0.220.46-0.1-0.070.45-0.13-0.140.560.19
0.590.320.590.480.880.75-0.571.00.540.380.010.76-0.10.020.290.630.10.660.58-0.040.650.57-0.5-0.280.36
0.620.39-0.230.760.170.320.310.010.51-0.230.010.280.710.880.630.060.830.070.70.380.440.520.55-0.340.27
0.80.60.290.770.660.56-0.370.760.710.130.760.280.060.350.330.850.330.30.81-0.050.440.88-0.46-0.280.53
0.520.64-0.360.470.030.370.72-0.10.54-0.22-0.10.710.060.70.28-0.10.950.150.410.390.360.170.76-0.20.62
0.640.52-0.410.80.120.310.360.020.51-0.470.020.880.350.70.650.070.830.040.760.370.370.580.41-0.560.34
0.540.370.030.690.350.360.020.290.39-0.040.290.630.330.280.650.00.470.210.720.520.460.410.02-0.360.27
0.450.450.140.490.430.31-0.320.630.390.040.630.060.85-0.10.070.00.10.130.5-0.230.090.71-0.58-0.190.38
0.730.74-0.280.720.210.490.560.10.69-0.220.10.830.330.950.830.470.10.220.660.430.480.450.6-0.320.67
0.470.160.530.290.830.9-0.180.660.540.460.660.070.30.150.040.210.130.220.270.10.830.26-0.07-0.350.26
0.890.630.070.960.550.56-0.140.580.74-0.10.580.70.810.410.760.720.50.660.270.290.580.85-0.04-0.440.51
0.240.45-0.080.37-0.030.120.44-0.040.18-0.07-0.040.38-0.050.390.370.52-0.230.430.10.290.120.00.220.060.37
0.740.240.540.560.880.92-0.20.650.760.450.650.440.440.360.370.460.090.480.830.580.120.450.18-0.30.32
0.790.480.060.890.550.5-0.280.570.67-0.130.570.520.880.170.580.410.710.450.260.850.00.45-0.25-0.460.32
0.090.05-0.310.02-0.270.00.61-0.50.15-0.14-0.50.55-0.460.760.410.02-0.580.6-0.07-0.040.220.18-0.250.070.09
-0.26-0.110.41-0.44-0.24-0.340.07-0.28-0.130.56-0.28-0.34-0.28-0.2-0.56-0.36-0.19-0.32-0.35-0.440.06-0.3-0.460.070.07
0.690.950.070.50.330.510.430.360.730.190.360.270.530.620.340.270.380.670.260.510.370.320.320.090.07
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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 Liab221M527M767M829M799M839.0M
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 Total7.8B7.6B10.7B11.6B13.5B7.6B
Non Currrent Assets Other530M641M1.1B706M870M1.0B
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 Debt14M310M70M87M230M121.1M
Retained Earnings544M(623M)3.5B6.0B6.9B7.2B
Accounts Payable2.1B1.7B2.7B2.8B2.7B1.6B
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 Revenue383M308M425M10M53M50.4M
Intangible Assets150M129M519M478M436M270.9M
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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