Cleveland Income Quality from 2010 to 2024
| CLF Stock | USD 12.05 0.44 3.52% |
Income Quality | First Reported 2010-12-31 | Previous Quarter 5.03777778 | Current Value 5.29 | Quarterly Volatility 1.73760684 |
Check Cleveland Cliffs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cleveland Cliffs' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 B, Interest Expense of 303.4 M or Selling General Administrative of 605.9 M, as well as many indicators such as Price To Sales Ratio of 0.45, Dividend Yield of 0.0064 or PTB Ratio of 1.19. Cleveland financial statements analysis is a perfect complement when working with Cleveland Cliffs Valuation or Volatility modules.
Cleveland | Income Quality |
Latest Cleveland Cliffs' Income Quality Growth Pattern
Below is the plot of the Income Quality of Cleveland Cliffs over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Cleveland Cliffs' Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cleveland Cliffs' overall financial position and show how it may be relating to other accounts over time.
| Income Quality | 10 Years Trend |
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Income Quality |
| Timeline |
Cleveland Income Quality Regression Statistics
| Arithmetic Mean | 1.77 | |
| Coefficient Of Variation | 98.20 | |
| Mean Deviation | 1.31 | |
| Median | 1.52 | |
| Standard Deviation | 1.74 | |
| Sample Variance | 3.02 | |
| Range | 5.7467 | |
| R-Value | 0.58 | |
| Mean Square Error | 2.16 | |
| R-Squared | 0.33 | |
| Significance | 0.02 | |
| Slope | 0.22 | |
| Total Sum of Squares | 42.27 |
Cleveland Income Quality History
About Cleveland Cliffs Financial Statements
Cleveland Cliffs stakeholders use historical fundamental indicators, such as Cleveland Cliffs' Income Quality, to determine how well the company is positioned to perform in the future. Although Cleveland Cliffs investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cleveland Cliffs' assets and liabilities are reflected in the revenues and expenses on Cleveland Cliffs' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cleveland Cliffs. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Income Quality | 5.04 | 5.29 |
Currently Active Assets on Macroaxis
When determining whether Cleveland Cliffs is a strong investment it is important to analyze Cleveland Cliffs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cleveland Cliffs' future performance. For an informed investment choice regarding Cleveland Stock, refer to the following important reports:Check out the analysis of Cleveland Cliffs Correlation against competitors. For more detail on how to invest in Cleveland Stock please use our How to Invest in Cleveland Cliffs guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cleveland Cliffs. If investors know Cleveland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cleveland Cliffs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.99) | Earnings Share (0.94) | Revenue Per Share 41.222 | Quarterly Revenue Growth (0.18) | Return On Assets 0.005 |
The market value of Cleveland Cliffs is measured differently than its book value, which is the value of Cleveland that is recorded on the company's balance sheet. Investors also form their own opinion of Cleveland Cliffs' value that differs from its market value or its book value, called intrinsic value, which is Cleveland Cliffs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cleveland Cliffs' market value can be influenced by many factors that don't directly affect Cleveland Cliffs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cleveland Cliffs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cleveland Cliffs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleveland Cliffs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.