Cleveland Net Tangible Assets from 2010 to 2026

CVA Stock  EUR 8.87  1.62  15.44%   
Cleveland Cliffs' Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are estimated to finish at about 7.8 B this year. Net Tangible Assets is the total assets of Cleveland Cliffs minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2016-12-31
Previous Quarter
6.9 B
Current Value
6.7 B
Quarterly Volatility
2.8 B
 
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 Net Tangible Assets 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' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Cleveland Cliffs over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Cleveland Cliffs' Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Cleveland Net Tangible Assets Regression Statistics

Arithmetic Mean1,411,129,559
Geometric Mean2,123,463,868
Coefficient Of Variation285.15
Mean Deviation3,556,002,958
Median308,000,000
Standard Deviation4,023,771,359
Sample Variance16190735.9T
Range10.6B
R-Value0.93
Mean Square Error2263838T
R-Squared0.87
Slope742,766,103
Total Sum of Squares259051775.1T

Cleveland Net Tangible Assets History

20267.8 B
20257.4 B
20226.4 B
20214.2 B
2020424 M
2019308 M
2018424.2 M

About Cleveland Cliffs Financial Statements

Cleveland Cliffs stakeholders use historical fundamental indicators, such as Cleveland Cliffs' Net Tangible Assets, 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
Net Tangible Assets7.4 B7.8 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public 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.