Quick Ratio Analysis of United States Steel Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.22
Period Ending - Dec-22
Indecisive Quick Ratio
1.39
Growth
-12.32 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.14
Quick Ratio Analysis of United States Steel Corporation
| Quick Ratio of United States Steel Corporation with value of 1.14 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of X has fallen by -12.32 % Compared to previous Financial Year. |
| Quick Ratio with value of 1.39 was highest in Year Dec-22 in last Five Years. |
| Quick Ratio with value of 0.773 was lowest in Year Dec-19 in last Five Years. |
| Latest Quick Ratio with value of 1.22 is Greater than Average Quick Ratio of 1.16 in last five years. |
Other Quick Ratio Related Info of X that may interest you.
United States Steel Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| X | 38.35 | 38.12 | 0.603 % | Steel |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Good Stability | |
FY - Historical Quick Ratio of United States Steel Corporation
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.22 | 1.39 | 1.28 | 1.14 | 0.773 | 0.856 | 1.11 |
| Change | -12.32 % | 8.42 % | 12.46 % | 47.66 % | -9.79 % | -22.76 % | -7.13 % |
FY Chart of Quick Ratio of United States Steel Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)