Cleveland Cliffs Inc. financial data

Symbol
CLF on NYSE
Industry
Metal Mining
Location
200 Public Square, Ste. 3300, Cleveland, OH
State of incorporation
OH
Fiscal year end
December 31
Former names
CLIFFS NATURAL RESOURCES INC. (to 8/14/2017)
Latest financial report
10-Q - Q3 2024 - Nov 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 188 % -11.1%
Quick Ratio 129 % -8.91%
Debt-to-equity 132 % -0.89%
Return On Equity -6.15 % -245%
Return On Assets -2.7 % -246%
Operating Margin -1.96 % -172%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 494M shares -2.16%
Common Stock, Shares, Outstanding 468M shares -7.29%
Entity Public Float 8.39B USD +6.97%
Weighted Average Number of Shares Outstanding, Basic 468M shares -7.87%
Weighted Average Number of Shares Outstanding, Diluted 468M shares -8.06%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 20B USD -8.92%
Costs and Expenses 20.4B USD -4.55%
Operating Income (Loss) -391M USD -166%
Nonoperating Income (Expense) -90M USD -18.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -481M USD -193%
Income Tax Expense (Benefit) -69M USD -150%
Net Income (Loss) Attributable to Parent -462M USD -236%
Earnings Per Share, Basic -0.97 USD/shares -243%
Earnings Per Share, Diluted -0.96 USD/shares -235%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 39M USD +25.8%
Accounts Receivable, after Allowance for Credit Loss, Current 1.58B USD -25.4%
Inventory, Net 4.24B USD -7.75%
Other Assets, Current 169M USD -13.8%
Assets, Current 6.03B USD -13.2%
Property, Plant and Equipment, Net 8.69B USD -1.7%
Goodwill 1.01B USD -11.1%
Other Assets, Noncurrent 699M USD -7.91%
Assets 16.8B USD -6.99%
Accounts Payable, Current 1.98B USD -4.48%
Employee-related Liabilities, Current 413M USD -11.6%
Accrued Liabilities, Current 379M USD +44.1%
Liabilities, Current 3.26B USD -1.18%
Operating Lease, Liability, Noncurrent 197M USD +1.03%
Other Liabilities, Noncurrent 1.44B USD +5.65%
Liabilities 9.7B USD -0.96%
Accumulated Other Comprehensive Income (Loss), Net of Tax 1.64B USD -0.43%
Retained Earnings (Accumulated Deficit) 1.43B USD -24.5%
Stockholders' Equity Attributable to Parent 6.85B USD -14.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 7.1B USD -14.1%
Liabilities and Equity 16.8B USD -6.99%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 142M USD
Net Cash Provided by (Used in) Financing Activities -131M USD -151%
Net Cash Provided by (Used in) Investing Activities -179M USD +3.24%
Common Stock, Shares Authorized 1.2B shares 0%
Common Stock, Shares, Issued 531M shares 0%
Common Stock, Par or Stated Value Per Share 0.13 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -168M USD -609%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 39M USD +25.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 53M USD -32.9%
Deferred Tax Assets, Valuation Allowance 396M USD +1.54%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 972M USD -2.21%
Operating Lease, Liability 238M USD 0%
Depreciation 887M USD -5.44%
Payments to Acquire Property, Plant, and Equipment 182M USD -3.19%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -469M USD -140%
Lessee, Operating Lease, Liability, to be Paid 331M USD -0.3%
Property, Plant and Equipment, Gross 13.3B USD +3.38%
Operating Lease, Liability, Current 41M USD -4.65%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) -4M USD -107%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 93M USD -1.06%
Deferred Tax Assets, Operating Loss Carryforwards 390M USD +0.26%
Unrecognized Tax Benefits 76M USD +31%
Additional Paid in Capital 4.88B USD +0.52%
Amortization of Intangible Assets 13M USD 0%
Depreciation, Depletion and Amortization 928M USD -5.69%
Deferred Tax Assets, Net of Valuation Allowance 576M USD -4.64%