United States Steel Quick Ratio 2010-2024 | X

United States Steel quick ratio for the quarter ending September 30, 2024 was 1.08.

  • United States Steel average quick ratio for 2023 was 1.28, a 5.19% decline from 2022.
  • United States Steel average quick ratio for 2022 was 1.35, a 32.35% decline from 2021.
  • United States Steel average quick ratio for 2021 was 1.02, a 15% increase from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.

United States Steel Quick Ratio 2010-2024 | X

  • United States Steel average quick ratio for 2023 was 1.28, a 5.19% decline from 2022.
  • United States Steel average quick ratio for 2022 was 1.35, a 32.35% decline from 2021.
  • United States Steel average quick ratio for 2021 was 1.02, a 15% increase from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.