Cleveland Interest Expense from 2010 to 2026

CVA Stock  EUR 8.87  1.62  15.44%   
Cleveland Cliffs' Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is estimated to finish at about 623.7 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2016-12-31
Previous Quarter
153 M
Current Value
152 M
Quarterly Volatility
38.5 M
 
Covid
 
Interest Hikes
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 Discontinued Operations of 3.6 M, Interest Expense of 623.7 M or Selling General Administrative of 317.3 M, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0064 or PTB Ratio of 1.13. Cleveland financial statements analysis is a perfect complement when working with Cleveland Cliffs Valuation or Volatility modules.
  
This module can also supplement various Cleveland Cliffs Technical models . 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.
The Interest Expense trend for Cleveland Cliffs offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Cleveland Cliffs is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Cleveland Cliffs' Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Cleveland Cliffs over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Cleveland Cliffs' Interest Expense 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Cleveland Interest Expense Regression Statistics

Arithmetic Mean173,400,000
Geometric Mean0.00
Coefficient Of Variation122.50
Mean Deviation178,105,882
Median101,200,000
Standard Deviation212,408,483
Sample Variance45117.4T
Range623.7M
R-Value0.90
Mean Square Error8844.3T
R-Squared0.82
Slope38,001,961
Total Sum of Squares721877.8T

Cleveland Interest Expense History

2026623.7 M
2025594 M
2024370 M
2023289 M
2022276 M
2021337 M
2020238 M

About Cleveland Cliffs Financial Statements

Cleveland Cliffs stakeholders use historical fundamental indicators, such as Cleveland Cliffs' Interest Expense, 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
Interest Expense594 M623.7 M

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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
It's important to distinguish between Cleveland Cliffs' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cleveland Cliffs should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Cleveland Cliffs' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.