X Stock | | | USD 40.77 0.32 0.79% |
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 Investments and its Long Term Debt Total 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 Investments vs Long Term Debt Total
Long Term Investments vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
United States Steel Long Term Investments account and
Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between United States' Long Term Investments and Long Term Debt Total is 0.48. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Long Term Debt Total 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 Investments and Long Term Debt Total 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 Investments of United States Steel are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Long Term Investments i.e., United States' Long Term Investments and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of United States balance sheet that represents investments United States Steel intends to hold for over a year. United States Steel long term investments may include different instruments such as stocks, bonds, real estate and cash.
Long Term Debt Total
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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