U.S. Steel (X) - Net assets

Net assets on the balance sheet as of September 2024 : A$18.75 Billion

According to U.S. Steel 's latest financial reports the company has A$18.75 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

U.S. Steel - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$16.35 B	7.91%
2022-12-31	$A$15.15 B	20.67%
2021-12-31	$A$12.55 B	148.9%
2020-12-31	$A$5.04 B	-13.71%
2019-12-31	$A$5.84 B	-2.01%
2018-12-31	$A$5.96 B	40.25%
2017-12-31	$A$4.25 B	34.78%
2016-12-31	$A$3.15 B	-5.65%
2015-12-31	$A$3.34 B	-27.95%
2014-12-31	$A$4.64 B	22.68%
2013-12-31	$A$3.78 B	13.09%
2012-12-31	$A$3.34 B	-1.98%
2011-12-31	$A$3.41 B	-9.96%
2010-12-31	$A$3.79 B	-31.58%
2009-12-31	$A$5.54 B	-22.7%
2008-12-31	$A$7.17 B	11.57%
2007-12-31	$A$6.42 B	15.07%
2006-12-31	$A$5.58 B	21.78%
2005-12-31	$A$4.58 B	-13.47%
2004-12-31	$A$5.30 B	259.82%
2003-12-31	$A$1.47 B	-59.05%
2002-12-31	$A$3.59 B	-26.73%
2001-12-31	$A$4.91 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Steel Dynamics STLD	A$14.59 B	-22.21%	🇺🇸 USA
Worthington Enterprises WOR	A$1.45 B	-92.26%	🇺🇸 USA
POSCO PKX	N/A	N/A	🇰🇷 S. Korea
ArcelorMittal MT	A$88.99 B	374.37%	🇱🇺 Luxembourg

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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