Cleveland Other Current Liab from 2010 to 2024

CLF Stock  USD 12.20  0.32  2.69%   
Cleveland Cliffs' Other Current Liabilities is increasing over the last several years with slightly volatile swings. Other Current Liabilities is estimated to finish at about 1.5 B this year. During the period from 2010 to 2024 Cleveland Cliffs Other Current Liabilities regressed destribution of quarterly values had coefficient of variationof  74.19 and r-value of  0.54. View All Fundamentals
 
Other Current Liabilities  
First Reported
1985-12-31
Previous Quarter
1.2 B
Current Value
1.3 B
Quarterly Volatility
388.6 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
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.

Latest Cleveland Cliffs' Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Cleveland Cliffs over the last few years. It is Cleveland Cliffs' Other Current Liabilities 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.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

Cleveland Other Current Liab Regression Statistics

Arithmetic Mean670,930,000
Geometric Mean457,254,564
Coefficient Of Variation74.19
Mean Deviation403,312,000
Median659,100,000
Standard Deviation497,751,168
Sample Variance247756.2T
Range1.4B
R-Value0.54
Mean Square Error189137.9T
R-Squared0.29
Significance0.04
Slope60,053,393
Total Sum of Squares3468587.2T

Cleveland Other Current Liab History

20241.5 B
20231.4 B
2022637 M
20211.3 B
20201.2 B
2019216.2 M
2018233.1 M

About Cleveland Cliffs Financial Statements

Cleveland Cliffs stakeholders use historical fundamental indicators, such as Cleveland Cliffs' Other Current Liab, 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 ReportedProjected for Next Year
Other Current Liabilities1.4 B1.5 B

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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.